Bummer! Nikon prices on the rise!

Joined
Oct 5, 2007
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Newtown, PA
Hey, if all I'm out is an extra $100 on a Nikon product, then I'm in much, much better shape than millions of others right now. There are a lot of people overseas who wish everything could be well in their life for that price.
 
Joined
Oct 22, 2010
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Missouri
Hey, if all I'm out is an extra $100 on a Nikon product, then I'm in much, much better shape than millions of others right now. There are a lot of people overseas who wish everything could be well in their life for that price.

True statement! Very sad for them over there right now!
 
Joined
Mar 23, 2009
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nj/nyc
If B&H is raising prices, in effect, price gouging, then I will have lost a lot of respect for them.

from another forum....

http://www.fredmiranda.com/forum/topic/990589/2#9404791

This post may be well meaning, but factually it's way off base. The price increases of which you speak, as has been amply demonstrated, are the result of US distributors raising prices to their retailers without price protection. Further, distributors have established a pattern that when a price increase is impending they will not fill orders from retailers until the price increases have taken effect.

It is ridiculous that you think retailers are raising the price of the cameras already on the shelf when nothing of the sort is taking place. Let's add another card to the deck -- enforcement of MAP rules is draconian and the penalty to a retailer for violating them, even once, is harsh and unappealable. The financial implications are severe.

Traditionally supply and demand drove prices but today there are numerous other factors, including those mentioned above. The price increase of which you speak will only be seen in Nikon or Canon USA's bottom line. I presume that when Nikon or Canon USA buy from the parent company, the Japanese economy benefits.

Everyone at B&H with whom I've spoken and I presume everyone at Adorama is concerned about the welfare of the Japanese people. We all hope and pray for health and safety and a speedy recovery. Whether or not others here and at Adorama have donated to relief efforts is a private matter.

Canon U.S.A. Offers Heartfelt Condolences to Japan Earthquake and Tsunami Victims
Canon launches recovery measures following major earthquake in Japan
Nikon's Notice on the damage hit by Major Earthquake in Northern Japan
I was unable to find similar sentiments on the nikonusa.com site.

Henry Posner
B&H Photo-Video

On a strictly personal note I must say I feel not a little troubled by the rush to judgment and the attempt to conflate this terrible tragedy with what those here might pay for another lens or body.
- henry
 
Joined
Nov 10, 2008
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Chicago
Monday AM I went to my local store and bought a D7000 kit, 35 1.8, 60 2.8. I figure this is the last I will see for some time.

Tonight I was helping a neighbor source 35 1.8 and D7000 kits that are frequently out of stock, major New York stores, Calumet, Keble & Schuket . Found some at less well known places, but you have to know where to shop.

Manufacturing is shut down in Japan and industries that source items from Japan, ie everybody, is about to. That much manufacturing capacity can not be replaced any time soon. Then there is the disaster for the people with thousand of families with no place to live.
 
Joined
Jun 6, 2007
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The Woodlands, TX
So how much did the Nikon 70-200 f/2.8 VRII lens go up.

If B&H is raising prices, in effect, price gouging, then I will have lost a lot of respect for them.

How is that gouging? I don't see how it is a necessity even if you are in the photo business. Supply moves down and demand stays the same or increases then price will go up. It's the invisible hand.....simple economics.

Raising prices isn't "in effect gouging"
 
Joined
Mar 18, 2008
Messages
5,113
Location
Miami, Florida, USA.
This is a camera forum and we will continue to discuss cameras even during these difficult times for the people of Japan. Those discussions, in my humble opinion, should be moderate and show respect for the tragedy that has happened there. Before someone jump on me, I do not find offensive the concerns Mike has expressed here. The tragedy there is obviously going to affect us as human beings and as photographers.
Yesterday I watched on TV a gentleman who happens to be one of the CEO of an important financial institution dealing with business overseas. He was saying that we should expect a temporary rise in prices on most everything manufactured in Japan. As soon as imports and exports come back to normal trade that temporary increase in prices should stabilize once again.
For the time being lets concentrate our attention in trying to help those people. I think for now, it is more important than our discussions about cameras and prices.

William Rodriguez
Miami, Florida.
 
Joined
Apr 12, 2006
Messages
12,181
Location
Central Georgia, USA
How is that gouging? I don't see how it is a necessity even if you are in the photo business. Supply moves down and demand stays the same or increases then price will go up. It's the invisible hand.....simple economics.

Raising prices isn't "in effect gouging"

In Georgia, in general, such price increases are against the law, and have been prosecuted, resulting in huge fines.
 
Joined
Dec 22, 2009
Messages
565
Location
Fox Lake, Il.
None of these products is made in Japan. They may go out of stock temporarily as people make panic purchases but will soon be replenished. For pro lenses and bodies it's a different story of course.

Umm but where do you think the components that make up the other sectors come from?

The CPU's in the lens that are made here come from japan. The ports are damaged, the power grid is failing and they have lost the infrastructure. It doesnt matter if the final product isnt made there, the parts to make up the whole are! And not just our cameras, EVERYTHING basically.

This is going to have a world wide inpact on the global scale and as bad as it is there, we have to acknowledge that, and take precautions.
 
Joined
Dec 16, 2008
Messages
4,586
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australia
I think it best you leave the Nikon/Japanese situation out of this "price rise" talk.
...you would think that this price rise has to do with the weak US dollar world-wide.
...the US dollar is on the slide, and will get worse. all goods in the US will rise substantially within the next 6-12 months.
...the US inflation and unemployment is your main issue, not the unfortunate situation in Japan.
 
Joined
Dec 22, 2009
Messages
565
Location
Fox Lake, Il.
I think it best you leave the Nikon/Japanese situation out of this "price rise" talk.
...you would think that this price rise has to do with the weak US dollar world-wide.
...the US dollar is on the slide, and will get worse. all goods in the US will rise substantially within the next 6-12 months.
...the US inflation and unemployment is your main issue, not the unfortunate situation in Japan.

Its actually a combination of both! Supply and demand will kick in real soon as well. As supplies become more and more sparse, as raw materials become more difficult to acquire...
 
Joined
May 20, 2008
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Fairfax Station, VA
Real Name
Tony Admana
I think it best you leave the Nikon/Japanese situation out of this "price rise" talk.
...you would think that this price rise has to do with the weak US dollar world-wide.
...the US dollar is on the slide, and will get worse. all goods in the US will rise substantially within the next 6-12 months.
...the US inflation and unemployment is your main issue, not the unfortunate situation in Japan.


+1 Excellent point Vinny. The price hike of photographic gears is the least of our worries. Gas price hike is the main thing we need to watch out as it will eventually affect the prices of all consumer basic necessities & commodities. I just hope I'm wrong about this.
 
Joined
Jun 6, 2007
Messages
800
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The Woodlands, TX
In Georgia, in general, such price increases are against the law, and have been prosecuted, resulting in huge fines.


First it requires that a state of emergency be declared and only targets retailers that are located in the State of Georgia. But that is besides the point.

Lets assume that there was no earthquake/Tsunami. Today Nikon announces that they are not going to produce the very popular 70-200VRII anymore. Do you not think this would increase the "Value" of a now limited quantity lens? The secondary market wich is the most fluid and quickest to react would immediately respond with an increase in the price. Adorama and BH would follow suit. The same thing would and probably will happen with the shut down of operations in Japan due to the natural disaster. It is market forces. Products are sold for their value and their value is determined by supply and demand.

I don't know what business you are in but lets say that someone is a computer programmer. During the Y2K scare folks were scrambling like mad to make sure their networks were compliant and safe. You could make a killing at that time due to the panic and fear that was rampant in the business world. With the shortage of computer and network techs at the time and the increased demand from business to make sure they were safe the price of consulting services went through the roof. I know this, I was in the computer rental business at the time and we were sending out back-up units every day. Should techs and network specialists not charged more for their services since they would be "gouging" companies?

I just don't buy believe that "Price Gouging" is a bad thing. Maybe I am just to much of a free market guy. I love Adam Smith and John Locke. Either way I don't think there is any chance of avoiding the inevitable and that is a rise in price of goods that are produced in Japan. They will be turning their industry around and focusing it on rebuilding their country. I wish them all the best and offer them my prayers. There is no doubt that the people of Japan will come through this stronger and better for it.
 
Joined
Apr 21, 2009
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Boston, MA
None of these products is made in Japan. They may go out of stock temporarily as people make panic purchases but will soon be replenished. For pro lenses and bodies it's a different story of course.

Final assembly might be in Thailand, but key components probably come from Japan. All over Japan, factories are shut down, due to the rolling power outages, or supply issues.

Subaru shut down its US plant because of parts shortages from Japan.
 
Joined
Jan 29, 2009
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truro cornwall uk
I am given to understand that the at risk factory manufactures mainly the d3 range,
my donation will be winging it's way to the shelterbox relief charity ASAP, 'God bless them all' he has some catching up to do.
 

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