The costs of everything in the last 8-10 have gone through the roof. Everyone wants a raise each year, business costs have gone through the roof. I just listened to Big GP, he does a good job of breaking down business costs.
I work in an industry that traditionally has a price increase every year. The educated customer wants a price increase, as they will pass it along. (Now this is business to business.). The problem is wages for the most people who hunt have not kept up with the prices of goods. Since the 70’s there has been an overall decline in working class wages, benefits etc. The overall inflationary rate has outpaced the wages.
A good point that BIG GP makes is that only about 2% of the products in archery are truly the elite/upscale products. The problem I see is that a $600.00 - $1000.00 system to hunt, is a lot of money for the average guy.
There are less hunters today than there were 25 years ago, so moving a lot of inventory by the manufacturer to cover fixed costs & variable costs are not as appealing to the accountants. A lot of companies would figure a percentage of the year to figure costs. Some companies would sell products as a loss leader, just to get there products into a market or market segment. With the costs of manufacturing now, they cannot afford to do this.
My attitude on buying a compound bow is to buy a leftover. Last years or several years old. Now that being said, I have not bought a new-leftover bow since I got my Helium. I have not found any bows that are that much more to drop the kind of $$ to justify buying one.
I bought an Excalibur 330 Blackout last year because I got a deal that I could not refuse.