Canon losing 30% sales to grey market

[Kym]

http://www.smarthouse.com.au/Digital...7A4P9C9?page=1

The CEO of one of Australia’s largest camera chains claims that the importation of branded camera gear will appeal to small retail and online operators, but not the larger chains. He also said that Canon was losing up to 30% of their Digital SLR business to online.

Paul Shearer, the CEO of the Camera House chain, told ChannelNews that a lot of camera business is being lost to overseas web sites and that big brands like Canon, have already lost 30 percent of their digital SLR market to online operators and grey importers.

He believes that large operators like Camera House who often place orders for 500 cameras at a time would struggle to deal with grey importers who in recent weeks have established Australian bank accounts to facilitate trading over here.

In general I find Camera Market very expensive, and that on top of a high Canon Australia price means this is no surprise.

Hopefully this may make Canikon wake up.