Archived posting to the Leica Users Group, 1999/11/12
[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]>>>Sorry Jonathan, you're wrong. What do you think the profit margin is for a dealer? I'd guarantee you if you knew, you'd wonder why anyone is a dealer of photographic equipment.<<< Bill is sure right about this, unfortunately. Dealer markup on some medium-format brands is less than 5%, and even at that they can't compete with the big discount mailorder houses because it's not a level playing field--the mailorder houses get a lower cost basis. How would you like to invest thousands in display stock for an eventual, one-time, non-guaranteed 4% return? Hard to pay the overhead that way. Traditional photo stores are being squeezed on every single front. Many had, until recently, turned to used gear as their last refuge. eBay is taking that away. And don't think this doesn't have an effect on the hobby...over the years, one "leitmotif" of my own pleasures in photography has been the enjoyment of hanging out at good old-time camera stores, looking at the cool stuff and "talking shop" with the guys. That's already becoming a thing of the past. And there is no substitute for hands-on familiarity. (Why, for instance, would anybody in their right minds buy a Leica M based only on the spec sheet?) - --Mike