Archived posting to the Leica Users Group, 2004/08/12
[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]After a week-long business trip to New Jersey, a visit to several camera stores and camera repair shops plus a visit to the Second Sunday Camera Show in Wayne, N.J., I am convinced that not only LUG membership is affected but almost every aspect of the camera business except digital. Kodak's forthcoming departure from several key film businesses should make this assessment even more certain. I found a Korean-owned camera store in Ft. Lee, NJ, and an American-owned camera store in Palisades Park, NJ both closed. A big, long-established American-owned camera store in Hackensack, NJ, is moving to Englewood, NJ. Two Korean-owned camera repair shops are no longer buying cameras for parts because of big inventory and no demand. A big, long established American-owned camera stores in my new home of Asheville, North Carolina, is cutting the size of its store in half. All of this suggests to me a big upheaval in sales. A local Walmart in Asheville no longer even offers one-hour developing, probably because demand is too low. The main one-hour places in Asheville now -- which often takes two hours --are the drug-store chains and K-Mart. {Of course, Walmart stores in other cities still offer one-hour service.] Kodak's end of 120 format will affect Rolleiflex and other 2x2 TTL reflex cameras, although there should be enough other brands around for a few years. Its end of 135 -- other than Kodachrome -- will affect all 35mm cameras, although here again there should be other brands around for a long while, basically Fuji. Kodak's end of sheet film will affect Speed Graphic, Crown Graffic, Linhof and other classic sheet-film cameras. Like 8mm Bolex cameras, many classic cameras will no longer bring premium prices anywhere because no film will soon be available without a lot of trouble looking for it. As for Leica, Nikon and a few other special situations, the vast majority of the users are only the ones already in the market -- the professionals, the collectors, the wealthy and a few handfuls of guys and gals that absolutely love to own and use the best there is. On one hand, many camera dealers in some cities appear to be willing to accept far less for older Leica cameras and lenses because they are dead [or almost dead] stock. On the other hand, many Leica dealers are still very active, suggesting that the market is still there. At the Second Sunday Camera Show, I saw a suit-case-full of used Leicas and Leica copies for sale and when I tried to get a look, a major buyer said that he had already bought them all for a big Manhattan store. What does it all mean? To me it means that except for digital and except for a handful of major cities --like New York -- the camera business is slow, very slow and in lots of places, no longer what it used to be. As for professional photographers, my daughter in Minneapolis, who occasionally models for local photographer friends, told me that one professional photographer friend there has lost business with at least one customer because the customer has been buying stock photographs from a local company for far less money rather than pay heavily for a whole crew to provide special stuff. Unfortunately for buyers, except in the bigger cities, where prices are more reasonable, private sellers are looking for double or triple current values and it will take at least a year or two for the word to trickle down -- if then -- that the market has shrunk considerably. For sellers, I believe they will have to study carefully whether to stock up on this or that model. I hope I haven't offended anyone in what I've said. --bob cole