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this sort of "choice" is essentially entirely meaningless, if camera features were software unlock based they could sell all cameras with all features for the l
by throwaway2048 5y ago
this sort of "choice" is essentially entirely meaningless, if camera features were software unlock based they could sell all cameras with all features for the lowest price and still make money, the only one benefiting here is canon extracting maximum value.
- qeternity 5y agoMaking money is not binary. Companies will target the profit maximizing price. Price discrimination allows this to be solved for numerous segments. Let's say there are 10,000 people who want to buy cameras, a lot will pay $100 for bare bones, less will pay $200 for a few more features, and a few will pay $1,000 for all the features. If Canon makes one single camera, and let's say they charge the middle price of $200, then the largest market of low-end consumers are priced out the market, while the handful of high end buyers get a great deal. You might say "oh well just charge the $100 to everyone!". But Canon might actually make more money by charging more and selling to fewer people. They would be dumb not to do this. Price discrimination let's them target all these different price points.
- throwaway2048 5y agothat still has nothing to do with consumer choice, and is entirely about revenue maximization for canon. It is not somehow magically enabling a greater degree of choice.
- qeternity 5y ago> It is not somehow magically enabling a greater degree of choice. What are you talking about? There are 3 camera choices instead of 1.
- southerntofu 5y agoWould you consider it's more choice if a company started selling fruits where all vitamins have been removed? It used to be the same fruit, but the company altered it to make more profit: it's not benefiting the users in any way.