Gennokasho (Japanese Edition)
Selling them below the mandated price is illegal. It does nothing to enhance competitiveness. Not only are you reducing competition between different retail outlets, but you also make your domestic products less competitive against foreign products, thus the imports. Stability, perhaps, but whoever wrote that either doesn't know the meaning of "competitiveness" or is deliberately doublespeaking.
No, it shifts the competition to what kind of additional value the retailers can provide. If it's the same price at your store as it is everywhere else, then why should I buy it at your store? Do you have a better atmosphere? Friendlier or more knowledgeable staff? Will I have to stand in line to check out?
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What else can I purchase while I'm there? Personally, I'm way more interested in THAT kind of stuff being the winning strategies to succeed in that kind of market. It's similar to what grocery stores do here in America, it's wasteful, and it's why more people are going to no-frills, low-cost places. You say that but since a significant amount of people in Japan import anyway it seems the trade-off isn't worth it to many.
Bottom line is for most shopping you go to the place that sells you what you need at the lowest price.
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Price floors should really only be used in emergencies to be honest. What's the problem with allowing stores to compete by lowering prices to generate business this like macroeconomics If you've ever bought a Japanese CD you'll find they have many incentives designed to win purchases. AKB48 and its sister groups have a minimum of 4 versions of each single.
Each single contains the main track as well as minimum 1 b-side. Consider now there might be a fan club edition with a special track, a special Family Mart alternate cover, a bonus track only available from the version bought from mu-mo shop etc and each single ranges in price from JPY to JPY.
Collectors will buy them, most fans will just buy the "most complete" version and casual fans will rent it so there is an obvious motivation to release as many versions as possible.
It protects mom and pop stores from big retailers. This prevents a big chain retailer from undercutting small stores until they're forced to go out of business, only to bump prices back up now that they have no competition. That's a whole other thing, though. It a very important difference. But if the price is fixed to a lowest price, isn't the consumer loosing out on further possible discounts?
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It makes sense to regulate pricing on necessities. These regulations are different, because they are designed to protect the consumer from artificially high prices or gouging. I think it's absurd to regulate luxury items in the opposite direction because it only pushes them further out of reach of the lower classes. Free markets aren't all evil. We can leverage them to our advantage. Firstly, digital and illegal downloading isn't really a thing in Japan.
Many of the big publishers have not made their catalogs available on digital services. Japanese media companies actually succeeded at what made American media companies into villains: So Japanese have no way to get their favorite music except from physical media. Secondly, music publishers participate in price-fixing. The price for the music is printed right on the packaging, and you don't have big stores trying to sell at a discount e.
Best Buy, Wal mart , because they would lose the business of the publishers.
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Lastly, the market is inflated with special editions. A big part of Japan's music sales comes from obsessive fans of boy bands and idol groups and such that have to buy every single version of a CD single that comes out. So you end up with prices that are high because of lack of competition and high demand.
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Sure - they often sell blank CDs 15 years ago it was minidiscs right there near the checkout counter. This seems like the logical answer. I used to rip everything Netflix sent me back when they mailed DVDs instead of the streaming thing. I really wish VAP would put their signed bands on Spotify. I've always wondered why they haven't. On the other hand used cds, books these aren't so expensive even if new , games, movies cost basically nothing. Usually in perfectly good shape too.
A new cd might be yen, two years later it's maybe yen.
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A new regular comic book is around yen, used ones yen. I once worked for a label and it always seemed like they were chasing the short term 'gain' rather than focusing on the bigger picture. There are still a lot of executives who lived and worked through the high-rolling industry of the 90's before it started to collapse in the '00s I'm enjoying watching the industry adapt now as younger people who never experienced that now have their chance to revolutionise a stale, dying business.
I remember reading before that regular non-japanese versions of albums sold for next to nothing in markets in Japan, making the artists virtually no money. So the idea of adding a bonus tracks was introduced to encourage japanese people to pay a little more for the bigger albums. And yes, selling below the regulated price is punishable by law. So it's less a matter of not profiting enough and more a matter of profiting more than elsewhere, right? I'm not so sure about that This is a lot cheaper than the yen domestics but it's still around the price of a new cd in the States, if not a bit more.
My band did this. Our label did not have great distribution in Japan and a Japanese label showed interest in putting our last album out there so we worked out a deal. We recorded one extra song, they included a Japanese translation of all the lyrics inside, and put our faces in stores all over Japan. We ended up selling more albums in the first month there than we did in the rest of the world in the first year.
Worked out well for everyone. Yep, this answer deserves more up votes. The Japanese music industry is pretty huge. Are they also as expensive as the CDs released in Japan of foreign artists? Do they have "extra" tracks too? They don't have extra tracks--although sometimes the production values are a bit nicer than those of American CDs; you get a very nice lyric book, or your CD in a nice box.
CDs by Japanese artists don't have an "import" version to compete in the marketplace, so they don't need to have the extra incentive to induce people to buy the Japanese version. Also - Japanese music industry is more singles driven than in the us. J-pop artists can release several singles before the album is out, and often the album is just the collection of singles. Many consumers won't bother buying the cd because they already have the singles. Is there anyway to update my firmware from OS This thread is closed to new comments.
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