In reply to TobyA:
The trouble with hardware is that its low margin. Clothes on the other hand comparitively they rake it in. Maybe not quite like real fashion brands but they do well out of it in general. That's why nearly all the hardware companies (with the obvious exception of DMM) now have clothing lines. Even there though, DMM seem to have other more profitable revenue streams - their industrial line. They've done this because they can't remain profitable by just producing crabs.
But putting all that to one side for one moment it would seem to me that there are only two real markets to be in in general. Either low cost high volume or high cost low volume. Talking to friends the middle ground doesn't really do much it would seem. Low cost high volume will sell because people will buy it anyway - they care less because they're not spending much on the item. High cost, well that's where marketing comes in. But when you really look at the product side by side, is there really that much to distinguish between it all? If you take top end Petzl crab and put it next to a top end BD or DMM or WC is there much to seperate them? Not really. To the really expert eye yes, but to the average joe no. So all they have left is convincing you that their product is better by putting it on harnesses of people who theoir customers find aspirational - and whether they are hugely talented or not is irrelevant. We are driven by visual stimulae and what catches our eye makes us buy.
Which leads us back to sponsored heros and pretty girls (who incidentally climb far better than any of us ever will). The notion that a sponsored climber has to perform at top level to sell well is incorrect. They have to be aspirational. In athletics that is a much more cut and dried affair - you run the 100m like Usain Bolt and you don't need to do much to sell some Nike's. With climbing its harder because the interest in competition is not as prolific. Instead picture of people in places we want to go is appealing. 90% of climbers know in their heart of hearts they don't really want to climb E9 or VIII. They want to go places to have adventures and that's what sells. And that's what companies use to their benefit.
So back to my premise. If you have no real product advantage then you have to rely on marketing to sell stuff. DMM is a prime example of a company who has excellent product which sells well because it's good. All you hve to do is pick it up in a shop to know that it's good. BD is a company who sells well because they have a massive maketing strategy. Is their product as good or as innovative as DMM's? Not a chance. They rely on buying power and their image to make sure they pull the punters in. Sure their product is good. But their cams are really not that different to 10 years ago, their crabs are pretty standard, their packs aren't great, their skis are way overpriced... just look at their stock prices which have suffered badly over the last 2 years and you'll see a different story to the one they present up front. And in the mean time they have brought out clothes to bouy them up... to my mind its pretty much the case where product is really good, they don't need clothes... Petzl, Metolius, DMM - I could go on, but not for that long...
Post edited at 22:36