Is it possible for a high end manufacturer to overprice their goods?


Having just read the interesting and hyperbole laden review by RH of the new Rockport Orion speakers in the latest issue of The Absolute Sound, one thing struck me..

is it possible in the high end for a manufacturer to overprice their product ( doesn’t have to be a speaker, but this example comes to mind)? I ask this, as the Orion is priced at $133k! Yes,a price that would probably make 99% of hobbyists squirm. Yet, the speaker now joins a number of competitors that are in the $100k realm. 
To that, this particular speaker stands just 50.3” tall and is just 14.3” wide…with one 13” woofer, one 7” midrange and a 1.25” beryllium dome ( which these days is nothing special at all…and could potentially lead to the nasties of beryllium bite).

The question is…given this speakers design and parts, which may or may not be SOTA, is it possible that this is just another overpriced product that will not sell, or is it like others, correctly priced for its target market? Thoughts…

128x128daveyf

@cd318  Quite a difference between Harbeth's and JBL L100's!! Presumably your sister was primarily into rock, which might explain the preference for JBL's.

 

@jl35  You ask a good question, how much do consumers in the very high price range for some of this audio gear concern themselves about re-sale value? I suspect little, because most of this gear drops heavily in value once used. There are numerous examples of high $$ speakers that are not easy to sell at 70% of new- once hitting the used market, regardless of age! 

OTOH, while this is an interesting point, i am not sure at what price point this relates to my OP, because there are also examples of far less expensive gear that also fails to hold value, and naturally, there are a few examples of gear that has actually risen in value ( although a much much smaller category).Albeit, I can't think of a ultra pricey speaker system that has risen in value.

 

@daveyf

@cd318 Quite a difference between Harbeth’s and JBL L100’s!! Presumably your sister was primarily into rock, which might explain the preference for JBL’s.

 

Your presumption is correct.

If I remember correctly from what she told me, Howard demonstrated both the SLH5s and the C7ES3s which she thought were better but neither were to her taste.

Apparently Howard had been into rock himself and was familiar with what the JBLs could do.

It sometimes pays to have a dealer that has a wide range of tastes and experience in music.

Perhaps every good dealer or reviewer should have that?

It sometimes pays to have a dealer that has a wide range of tastes and experience in music.

Perhaps every good dealer or reviewer should have that?

 

Great idea, @cd318 .... on a practical level?

Rare.  Anyone who could remember the 'sound, the qualities' of even most of the various speakers and/or the equipment would be considered to be a savant of sorts....

May not be a good salesman for what you came looking for....just saying... ;)

"Freds' great.....but diapers?  On a 35 yr. old....well, whatever....Fred claims to be....today....🙄🤨 "

( Likely to be there all night with Fred as the contrasts/+/-/=/>/</etc. unreels...*L*)

While the news about ARC going into receivership is not really a speaker forum subject, it does possibly connect to this thread.

About a year or so ago, I was at an ARC dealers premier of their new Reference 80s amp. While I was there, the ARC rep was discussing with the attendees some of ARC’s future product line up. It was to include a new flagship model with, if I remember, about 64+ KT150 tubes and slated to be a replacement to the Ref 750SE model. I asked the rep two questions, one was how much heat this beast would give off, and two…how expensive? The rep told me that he didn’t know about the heat, which I thought could be a considerable problem in a hot climate, and that the price was not yet set, but definitely more expensive than the Ref 750 SE! Many attendees said nothing, but the look on their faces said it all.. and it was obvious to all that this new flagship would be a VERY hard sell.

@cd318 The honesty debacle is hard to tackle, especially in the high-end market. It is kind of implied that you're over-spending on High-End equipment. That stuff is either overpriced, overhyped, over-engineered with exotic hard-to-find parts, or all of the above. Everyone is trying to re-invent the wheel in the high-end market. Because the wheel is too basic, convenient and affordable. You're swimming with the sharks in a high-end market. The sharks are the salesmen. Furthermore, high-end equipment can be experimental and unreliable at times. 

In comparison, the entry-level or midrange feels like a safe ball pit with foam edges. In this environment manufacturers use off-the-shelf parts with tried-and-true methods. There is some trickle-down stuff from the high end. Most of the experimental kinks are addressed. 

My position is: avoid the high end at all costs.

This applies to everything: cars, furniture, homes, clothing, watches etc...