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Originally Posted by Paul Markham
I know why people buy it, because people will supply it at that price. My question is why do they sell it so cheap?  |
Paul, because there is always a decent photographer who is hard up and will take less. If every top photographer decided to raise the prices, there will always be an up and comer with talent that will undercut the guys and earn the business since profit margins is key for all. After awhile the top guys see their orders decrease and have to adjust. In a free market society its all about the the competition can do to force your hand. Look at AOL for example, they were slow to adapt and they lost a stranglehold one something they dominated. Slow to drop dialup prices that others were willing to charge. Brought in broadband to slow and to high of a price point and it was it.
Now why more photographers don't also shoot extra sets of girls to use for non-exclusive rights in addition to the exclusive sets they do is another question. But like Mutt said, the top buyers like Kim and Louis make sure their top guys are not doing this so that the content and girls themselves dont get saturated. Not much good to have 10 exclusive sets of a girl if there is another 20 sets of the same girl on a nonexclusive basis with just a different t-shirt on.
Round and Round. Supply and Demand as you put it. Pure competition in a free market.