I‘m just sobbing over year old limited vinyl only releases going for x times the original price second hand. Wouldn‘t the artist themself make more money if i could still buy it digitally? Same thing for sneakers etc
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1. They can set a price higher than reasonable if there were more available.
2. They avoid underselling. If you have to pay to make something, it’s easier to guess how many you know you can sell than to guess how many you could possibly sell. So you only make as much as you know you can sell to avoid wasting money on making too many and then failing to sell.
The first is a pretty despicable practice..the second is somewhat respectable depending on the nature of the product. There simpler aren’t that many vinyl listeners compared to digital for example. The cost of producing and distributing a physical product versus a digital one is extremely high as well.
Note there is another position to take…why are digital copies of somethings so expensive compared to the physical ones (video games for example)? In reality, they should be much cheaper! You can see some companies taking this to heart and raking it in (Steam sales) while others don’t yet still survive and even thrive (many console retailers).
People suck.
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