Archived posting to the Leica Users Group, 2007/01/13
[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]Likewise for my website. Doug Herr Birdman of Sacramento http://www.wildlightphoto.com On Jan 13, 2007, at 5:18 PM, Rick Dykstra wrote: > That's it. I'm heading straight down to the gallery, to double the > prices on my framed prints. Maybe then they'll sell! :-D > > True story. I was selling a one year old Landcruiser short wheel base > 'Bundera' in 1997. The Kangabuck had recently crashed against the yen > and so I was asking for quite a bit more ($16,000) than I paid, though > still respectfully less than the new price. A family dude with his > wife and kids turned up, took it for a drive and asked if he could > leave a deposit, for $14,000. I said, "I've changed my mind. I'm > putting the price up to $17,000." He quickly bought it for $16,000. > hehe :-) > > There are only two rules. Never crop. Never discount. > > Rick. > > http://gallery.leica-users.org/v/rickdykstra/Nature > > On 14/01/2007, at 11:44 AM, G Hopkinson wrote: > >> Larry, that's insightful regarding art works. A good friend of mine >> who was very talented but had sold little was told at a US >> artists' enclave that he needed to double his prices as well as >> address marketing and promotion. He became much more successful. >> Following the idea further, after his very untimely death, the values >> shot up sharply. >> No doubt there is an element of scarcity, perceived luxury goods etc >> influencing the Leica prices. However it would be unfair to >> disregard the designs, materials, small volumes and labour intensive >> processes that really separate Leica lenses, for example from >> mass produced designs. Whether the photographer considers that the >> difference is worth the money, of course, is another issue. >> Plenty of us think so or we wouldn't be here! >> Cheers >> Hoppy >> >> -----Original Message----- >> From: lug-bounces+hoppyman=bigpond.net.au@leica-users.org >> [mailto:lug-bounces+hoppyman=bigpond.net.au@leica-users.org] On >> Behalf Of >> Lawrence Zeitlin >> Sent: Sunday, 14 January 2007 01:28 >> To: lug@leica-users.org >> Subject: [Leica] Re: M8's high price >> >> A Leica fable re the price of the M8. (and Rolex watches, Mont Blanc >> pens, and all cosmetic products.) >> >> We have a friend, a dealer in modern paintings in New York's trendy >> uptown art market, who is a firm believer in negative price >> elasticity. Since it is almost impossible to tell the absolute >> artistic merit of a contemporary painting, most of her customers use >> price as a surrogate cue to quality. "You get what you pay for" seems >> to be the mantra of the affluent customers who patronize her studio. >> When a painting doesn't sell after a reasonable amount of time, she >> raises its price by several thousand dollars. A customer, returning >> to the studio, notices that the painting is now more expensive than >> it was on the last visit, concludes that the painting must be worth >> having since the price is going up. Out comes the checkbook and the >> painting changes hands before the price increases again. The dealer >> makes a nice profit. The customer hangs the painting on the living >> room wall, confident that everyone will admire his/her good taste. >> "It costs more but I'm worth it." >> >> The painting may be a piece of crap but it doesn't matter. Everyone >> is happy. >> >> Larry Z >> >> _______________________________________________ >> Leica Users Group. >> See http://leica-users.org/mailman/listinfo/lug for more information >> >> >> >> _______________________________________________ >> Leica Users Group. >> See http://leica-users.org/mailman/listinfo/lug for more information > > > _______________________________________________ > Leica Users Group. > See http://leica-users.org/mailman/listinfo/lug for more information > >