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HooleyDooley
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59Bassman":jhozoy0d said:HooleyDooley":jhozoy0d said:There are different aspirational levels. Many younger players do not associate "cheap" and "LTD". Some Japanese associate ESP standard series with "cheap". There are many demographics to satisfy. And many definitions of what "cheap" means to different individuals.
I'd argue that if younger players don't associate "cheap" with LTD, it's because they can't fathom the cost of a "real" ESP, and therefore settle for what is understood to be a 2nd tier product.
You do make a good point about the Japanese market driving what ESP is doing. However, in doing so, the brand essentially dies for me. The guitar I have wanted since I was 16 was an ESP, like I saw Lynch play at the original Monsters of Rock tour. Why I have not bought one yet largely comes down to selection, options, and availability.
If you look at how the Japanese car manufacturers differentiated themselves, they brought in a "standard" line, then an "elite" line with a different name after the standard line had been introduced and built a solid following (Toyota - Lexus). What ESP is trying to do now is convince you that a Kia really is just as good as a BMW. Not happening for anyone who's been around long enough to remember early Kias.
IMHO, Gibson's current chasing the bottom is in part due to them trying to do this same thing about 15 years ago. They tarted up the Epiphones (remember the Elitist)? And continued raising the prices of "real" Gibsons like LP's and ES-335's out of the reach of gigging musicians. The Dot was "good enough" for everyone who needed a Gibsonesque semi. I remember a WSJ article about how Gibson COULD NOT lower prices, as the brand was seen as an "aspirational" brand by the wealthy clientele, and they had to use the Epiphone brand to try to keep lower end market share. It looks like after the 2001 bubble burst and the economy turned way south in 2007, those R9's aren't moving like they used to. People weren't giving big G a chance when it came time for a new guitar because they didn't have the money they used to.
So now Gibson has found ways to cut costs (weight relived? really?) and is trying to rebuild the brand name among folks through more midrange "standard" models. I'm not normally a betting man, but I'd guess that if ESP survives this, we will see a resurgence of ESP standard models, and a decline of the LTD brand within a decade.
I agree with all your points about Gibson, and let us not forget the "only three online dealers allowed to advertise their stock online" debacle of a few years ago that saw the likes of Dave's Guitar and many others drop the brand at the time. But Gibson have made awful decisions at the hands of a CEO with debt and bad decision after bad decision behind them pulling them in all directions. Elitist Epiphones should have continued, pride and ego got in the way of them IMO. But I think ESP Japan's motivation is the pride part without so much of the ego, at least the ego that we in the West identify with.
ESP have made a clear and considered choice with, I've little doubt, their domestic high end dealers and their long-standing relationships with them at the forefront of their thinking.
Consider ESP has seen a brand they haven't even actively promoted outside of Japan end up being sought out by Americans in Edwards. It could be suggested that bringing that name forward rather than promoting LTD Elite would have been wiser. But the Edwards name means little to many teenagers who have aspirations of owning LTDs. It's a balancing act of demographics and trying to work out what might happen in five or ten years.
Toyota is a whole other ball game. A massive company with many people to answer to and even with that in mind they, like Nissan, still do some things differently and offer premiums domestically that you could draw parallels to with the ESP story.