Will The Price of GoPro's Drop?

Interesting article regarding the drop in GoPro's share price, and GoPro's decision to drop their unit prices. Possibly in attempt to attract people to buy their products?

Does anyone speculate that the price of GoPro's will go down here in Australia?

http://www.news.com.au/technology/gadgets/cameras/gopro-shar…

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Comments

  • +3

    who cares!!!

    get yourself a yi4k action cam better specs and longer battery life.

    gopro your time at the top is over

    • +1

      +1 on the Yi4kplus! Great camera for a fraction of GoPro's price.

    • The only issue here is if you move to the yi4k, will all of your go pro accessories like poles/sticks and housings work with it?
      The go pro is still more widely supported when it comes to accessories

      • yes they do that's the beauty of this product.

        pretty much the majority of action cams have the same mount/attachment.

        so because so many companies make accessories for gopros they fit the Yi4k.

        housings obviously will not fit, but everything else does

        i think they are just as well supported by accessories as the gopro if not more

    • +1

      What about ease of mounting to helmet/whatever else to record activities? Are there mounts available??

      Just doesn't look as much of a quality product :/

      • -1

        as per above comment

        pretty much the majority of action cams have the same mount/attachment.

        so because so many companies make accessories for gopros they fit the Yi4k.

        housings obviously will not fit, but everything else does

        i think they are just as well supported by accessories as the gopro if not more.

        i have purchased gopro accessories for my yi4k cam.

        it mounts as easily to a helmet as a gopro

        quality product? it has a better sensor in it and better battery life lololololololol

    • Could you point me in the direction of where I could get one for a decent price? Most I've seen appear to be able $295 for which I'd be more comfortable getting the gopro session 5 for 299.

      • +1

        The official Yi store on Aliexpress frequently has sales.

  • +2

    GoPro is essentially a fashion brand, not a technology company. You should be aware of the risks in investing in something based around consumer popularity.

    AFAIK they built a drone that failed miserably and recalled it, so that will cost them.

    I doubt they'll drop the price significantly. IMO they'll start bundling products to get you into the gopro space

  • They hit the market huge with high quality products, far superior to the rest of the market for a long period of time. Everyone that had a use for a GoPro bought one. Fast forward a few years and they are no longer the market leaders. Everyone that had a use for the product either still has it and no need to upgrade or are now looking for cheaper/better alternatives. GoPro got lazy and have few options left to stay relevant. Lower Prices, Improve Product or Pivot. Lowering their price is the easiest move, but it may be too late to be a viable option.

    • Agreed.

      Also, product distinction was video quality and form factor. (which is why TV shows like mythbusters used them in high risk areas).

      I'm not convinced a general user needs 4k video. (or even more in future product generations)

  • +3

    I bet GoPro is losing hundreds of millions of dollars per year primarily because of the money they're spending on advertising and promotion. Have a look at any action sports event. You will see GoPro advertising. Meanwhile their Chinese competitors have caught up in quality and are avoiding the advertising tax.

  • I'm thinking GoPro will be the next Nokia or Blackberry

  • It's already dropped to $599 since yesterday!

    You can find the new dropped price at JBHifi, officework

    • $599 from what?

      • gopro hero 6 black

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