Am I missing something here? Quick search tells me The K7XX is MSRP: $200?
Is it because you're no longer able to buy the first editions? Genuine query, thanks :)
See the other comment, but yeah, they are essentially the same product as the K702 65th Anniversary Edition, except that they are produced in China instead of Austria. They may have switched out some metal for plastic, not really sure, but the design is essentially the same.
Agreed with all above. The K7XX is a Massdrop exclusive, so technically their MSRP should be $199.99 because they've never sold for more than that, but they're using the MSRP from the Anniversary edition which is the model they are based on. I believe a few big box retailers are actually getting sued for this kind of pricing advertising because it is misleading to customers, but that's not a discussion for here lol.
Yeah thanks for the response :) I understand why the retail price is listed like that. I do think its slightly misleading as its not technically the $650 model, as from above posts it sounds like they changed manufacturing materials and factories so quality isn't quite going to be 1:1.
Please don't contribute to the mass of ignorance that is building on this site about what MSRP actually is. Retailers are being sued for calling something a sale or discount when they have never offered at the price they claim. That is no where near what is happening on Massdrop as they show their retail price relative to what the manufacturer claims it should sell for. MSRP (Manufacturers Suggested Retail Price) has absolutely nothing to do with the retail price. AKG manufactures this headphone, since they want to play up the fact it is based on the Annies you get the Annies MSRP. Just stop people... ignorance is infectious and "fact-checking" has become a four letter word in todays world.
Point taken, and there are differing viewpoints which is why this issue is being argued in a court of law. But there's no need to go around calling people "ignorant".
If you do some fact-checking of your own, you'll see that the civil complaints from the LA City Attorney's office actually allege that the retailers were using "false reference pricing" meaning the stated price listed ALONGSIDE the retailer's price, "which provides consumers with a reference point with which to evaluate the prospective purchase". Although the reference prices are usually called "original price", "list price", "regular price", etc. it is NOT limited to those specific terms.
Take Invicta watches for example with their ridiculous MSRP of several thousand dollars. They do this to convey a false sense of value to the customer because they can claim that the customer is getting 90% off the MSRP. You can use whatever terms you'd like to describe it, but at the end of the day, the issue at hand is not whether it's called MSRP, original price, list price, or magical unicorns; the issue is that it's listed next to the price it is offered for sale at, creating a "false reference price" because a reasonable consumer would infer some sense of value by comparing those prices.
Again, as I said above, this is not the forum for these discussion so this is the last I will say about it.
You're mistaking my use of the word ignorance. I meant it only in reference to pricing terminology and legal standing of the various use of specific terms. Your follow up post only furthers my point as "reference pricing" in the context of the lawsuits you keep bringing up, mean that the retailer is stating something other than truth. It almost exclusively applies to their own pricing claims sales, discounts, specials, etc... The largest historical example of this was Kohls as it claimed sales on prices it had never listed so they effectively created fake "sales." They didn't say Adidas made this jumpsuit and says its worth $10,000 but we are going to sell it for $10 and get in trouble. They said hey this is 20% off OUR List/Retail/Original price and never actually sold it for that nor had any intention of selling it for that. I can think of two examples where Massdrop had the "wrong" MSRP. One was fixed as soon as someone posted about it. The second was just the MSRP of the higher priced of two options for that specific drop but you would have thought someone bombed a hospital based on the comments...
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If you do some fact-checking of your own, you'll see that the civil complaints from the LA City Attorney's office actually allege that the retailers were using "false reference pricing" meaning the stated price listed ALONGSIDE the retailer's price, "which provides consumers with a reference point with which to evaluate the prospective purchase". Although the reference prices are usually called "original price", "list price", "regular price", etc. it is NOT limited to those specific terms.
Take Invicta watches for example with their ridiculous MSRP of several thousand dollars. They do this to convey a false sense of value to the customer because they can claim that the customer is getting 90% off the MSRP. You can use whatever terms you'd like to describe it, but at the end of the day, the issue at hand is not whether it's called MSRP, original price, list price, or magical unicorns; the issue is that it's listed next to the price it is offered for sale at, creating a "false reference price" because a reasonable consumer would infer some sense of value by comparing those prices.
Again, as I said above, this is not the forum for these discussion so this is the last I will say about it.