European prices: Korg shouldn't wait until Frankfurt

ozy · Post by **ozy** » Thu Feb 17, 2011 10:26 am

orpheus2006 wrote:During the Korg Kronos VIP Event in Scheveningen/NL, some price indication was given.

may tay = 6 euros
margarita = 7 euros
pina colada = 5.5 euros
cola and southern comfort = 5 euros

orpheus2006 wrote:Target price for the 61 model shall start with a "2"!

and ends with a 9. Correct?

EvilDragon · Post by **EvilDragon** » Thu Feb 17, 2011 11:38 am

orpheus2006 wrote:During the Korg Kronos VIP Event in Scheveningen/NL, some price indication was given.

Price range (for all models): 3000-4000 EUR.
Target price for the 61 model shall start with a "2"!
Availability: May 2011

Sources (in German language):
http://www.bonedo.de/feature/keyboards/ ... index.html
http://www.amazona.de/index.php?page=26 ... page_num=4

This is in line with the message given by Frank Sawusch, Marketing Director of Korg&More Europe (in the youtube video referenced somewhere in this thread).

I hope that stops those fantasy price announcements.

From their mouths to god's ears, I'd say.

orpheus2006 · Post by **orpheus2006** » Thu Feb 17, 2011 12:05 pm

ozy wrote:
orpheus2006 wrote:During the Korg Kronos VIP Event in Scheveningen/NL, some price indication was given.
may tay = 6 euros
margarita = 7 euros
pina colada = 5.5 euros
cola and southern comfort = 5 euros

No, as usual these prices will be added to YOUR bill when you buy a Kronos

dokido · Post by **dokido** » Thu Feb 17, 2011 12:44 pm

great, sounds good

ozy · Post by **ozy** » Thu Feb 17, 2011 1:06 pm

orpheus2006 wrote:No, as usual these prices will be added to YOUR bill when you buy a Kronos

I feel like I'm not yet done paying for the M3 release party sushi...

jimknopf · Post by **jimknopf** » Thu Feb 17, 2011 3:31 pm

You could earn the money by playing and singing "Jump" 100 times at a Korg VIP event with your Prophet 08, and get 100$ payed for each time less.

Not that we musicians couldn't make fast money by being creative...

dokido · Post by **dokido** » Thu Feb 17, 2011 4:05 pm

someone want to buy a m3m

ozy · Post by **ozy** » Thu Feb 17, 2011 8:27 pm

jimknopf wrote:You could earn the money by playing and singing "Jump" 100 times at a Korg VIP event with your Prophet 08, and get 100$ payed for each time less. Not that we musicians couldn't make fast money by being creative...

Now if only could get a gig at a korg VIP party,

when everybody is drunk enough, I'd have the rumour spread around, that there's a "the hardest nipple" contest going on,

entrance fee 100 bucks,

I'll be happy to collct and see what a bunch of drunken engineers can do with 46 knobs.

The day after, 15 minutes cleaning the panel,

and not only the prophet will have paid for itself,

it would have earned me a kronos 88.

ScoobyDoo555 · Post by **ScoobyDoo555** » Mon Feb 21, 2011 6:24 pm

hmmm, been asking some more in the UK about speculative prices, and 2 retailers have stated between £3-4K from 61-88 key....

Even @ £3k, I don't know whether I can justify the Kronos - especially over the M3 & Legacy software.....

Will be intrigued when they FINALLY let the cat out of the bag on the price.

j.asal · Post by **j.asal** » Mon Feb 21, 2011 7:45 pm

I just did some research comparing US prices to european prices for Korg equipment. What I found is that in almost all cases the european price (e) can be calculated from the US price (u) by

e = R * u * 1.2

where R is the current exchange rate. Using this formula I get the following retail prices for the Kronos

61 keys: 2633 Euro
73 keys: 3071 Euro
88 keys: 3335 Euro

which is just a little more than the Motif XF prices

I'm very confident that my prediction will turn out to be true...

orpheus2006 · Post by **orpheus2006** » Tue Feb 22, 2011 10:50 am

j.asal wrote:I'm very confident that my prediction will turn out to be true...

Confidence is the feeling you have before you fully understand the situation. But I hope you are being proved right.

cello · Post by **cello** » Tue Feb 22, 2011 10:57 am

orpheus2006 wrote:Confidence is the feeling you have before you fully understand the situation.

Good one! So true...

Jan1 · Post by **Jan1** » Tue Feb 22, 2011 12:58 pm

j.asal wrote:I just did some research comparing US prices to european prices for Korg equipment. What I found is that in almost all cases the european price (e) can be calculated from the US price (u) by

e = R * u * 1.2

where R is the current exchange rate. Using this formula I get the following retail prices for the Kronos

61 keys: 2633 Euro
73 keys: 3071 Euro
88 keys: 3335 Euro

which is just a little more than the Motif XF prices I'm very confident that my prediction will turn out to be true...

Although the formula is a straightforward way to get European prices it offers in no way any certainty for a pricepoint.

Firstly the exchange rate of the Euro has fluctuated a lot and so I doubt very much that KORG will use yesterday's value of the Euro compared to the dollar, and secondly, companies may have their own reason for deviating from this formula.

For instance, if you look at the Avid Oxygen 88 controller with a price point of almost $600 in the USA, then the European price based on the formula would be around 530 Euros.
However, shops in Europe charge a price of around 650 Euros, 120 Euros more. In Europe the Oxygen 88 is way overpriced.

If KORG would do the same with the KRONOS we would arrive at a price point of around 4000 Euros for the 88 key version.
It would be a great pity if that were the case because KORG would position the KRONOS well above the price point of the Fantom or the Motif. I hope KORG will have enough common sense NOT to follow in Avid's footsteps.

If I use the formula with exchange rate of €1 = $1.3, the European street price of the 88 version (based on the USA street price of $3800) would be around €3500.
If I use an exchange rate of €1 = $1.25, the 88 key version would be around €3650.

SpIdErWeB · Post by **SpIdErWeB** » Tue Feb 22, 2011 2:18 pm

j.asal wrote:I just did some research comparing US prices to european prices for Korg equipment. What I found is that in almost all cases the european price (e) can be calculated from the US price (u) by

e = R * u * 1.2

where R is the current exchange rate. Using this formula I get the following retail prices for the Kronos

Actually the formula is: E = U * R * O

where U is the US price, R the rate change, and O which includes both Taxes (customs, VAT, etc...) and Distribution cOst, which is typically between 1.15 to 1.35

Phil

Jan1 · Post by **Jan1** » Tue Feb 22, 2011 2:43 pm

SpIdErWeB wrote:
j.asal wrote:I just did some research comparing US prices to european prices for Korg equipment. What I found is that in almost all cases the european price (e) can be calculated from the US price (u) by

e = R * u * 1.2

where R is the current exchange rate. Using this formula I get the following retail prices for the Kronos

Actually the formula is: E = U * R * O

where U is the US price, R the rate change, and O which includes both Taxes (customs, VAT, etc...) and Distribution cOst, which is typically between 1.15 to 1.35

Phil

Brilliant!

Now I know why they called it the Euro.