The new dynamic in speaker pricing


Yesterday I received the latest issue of the Absolute Sound mag. This issue has the round up of the varying speaker manufacturer’s wares along with the retail pricing. One thing that struck me is the number of speaker manufacturer’s who have a speaker in their line up that cost close to a $1M!! There are good number of speakers now available with prices in the $700K+ range. A few manufacturer’s are also a little ’glib’ with their top model pricing, such as Oswalds Mill--who state- price upon inquiry only!

This new speaker pricing dynamic is interesting, as it clearly indicates that there are buyers out there who are happy to pay these prices and presumably enough buyers to make these products viable. A trend that is certainly interesting and yet questionable as to how it will impact the hobby as a whole.

Opinions on this trend?

128x128daveyf

If the customer base for your product has a mind-set that says, if it cost more, it must be better, then the question should be, why aren't there more million dollar speakers.

BTW, this is no more outrageous than thousand dollar DACs.  Hell, DACs period!

Cheers

I think one is always paying a hefty premium for "statement" design and esoteric materials with a "luxury" product, not necessarily better performance. As a subscriber to the FFF ("Form Follows Function") philosophy, I generally avoid such products.

When the function is audio reproduction, the visual aspect of the equipment, including design, fit and finish, and "unobtainium" materials may contribute nothing. Given the same level of performance, I will generally choose the less expensive product over the more expensive prettier one. However, if the more aesthetically appealing one is priced only marginally higher, I will sometimes pay a little more for that, but not so much an order of magnitude.

It's like the guy on the street corner selling apples for one million dollars...he only has to sell one!