(idm) [Fwd: Limited Edition vs. Intelligent Planning]
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Date: Tue, 02 Jul 1996 21:03:39 -0700
From: David Ross <daveross@mb.sympatico.ca>
Organization: Bank of Montreal
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To: Intelligent Dance Music <idm@hyperreal.com>
Subject: Limited Edition vs. Intelligent Planning
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Here's my take on the Limited Edition thing:
As with all businesses that must produce something, a planning schedule must be
created. They must estimate how much demand there is for a product over a certain
length of time and then invest the needed capital in order to produce the inventory.
Could it be that this is what Rephlex has done?? Perhaps they truly believe that only
1500 (or 5000) people will want the new LP. Maybe it was just poor phrasing.
Perhaps if they (or whoever originally posted) had said "Caustic Window Ep - initial
pressing 1500 (or 5000, Andrew.)" noone would be upset. There might be posts along
the lines of "Damn! They're nuts! Its gonna be bigger than Thriller! They should
print more..." but I think that the level or intensity of criticism contained in
recent posts would decline.
So why call something a "Limited Edition" in the first place:
1. Economic Ploy - it will decrease supply, therefore demand (and price) increases.
2. Marketing Ploy - it will decrease supply, therefore all collectors will do
anything in their power to get it
3. To Preserve Artistic Integrity - This is an underground scene and by releasing
only a few albums (on vinyl not cd) only the hardcore, trainspotter DJs will pick it
up and maintain the genre's relative obscurity.
4. To Mask Embarassment - Perhaps a label doesn't have enough money to release 10,000
pressings of an LP right off the bat, is embarrassed by this fact, and decides to call
it a "limited edition" in order to eliminate any speculation of how well the company
is performing financially.
5. Running a label takes so much damn time, the subtle nuances of the phrase "limited
edition" haven't been taken into consideration by management and in the grander scheme
of things don't matter too much anyway.
I really don't think that anyone is questioning a label's/artist's right to do with
their work what they please. But is there a legitimate/rational explanationation for
printing less than the expected sales level of any product even if it is art? In this
age of easy reproduction of almost all media (especially audio and video!) does the
artist really think that limiting the number of copies officially produced will
restrict people from finding copies and taping them?
Dave Ross
Winnipeg.MB.CA.