Price vs performance


There is a misconception among audiophiles that price is an indication of performance. However consumers are unaware of the ratio of cost of parts to markup. This ratio varies from one speaker to another.
if a 10k speaker uses 2k on parts and the rest is on markup, and if a 5k speaker uses 4k worth of parts and 1k markup then the costlier speaker is not going to provide better performance. Despite this audiophiles will refuse to believe that a cheap speaker can outdo the more expensive one. 


Speaker companies can set whatever price they see fit. Sometimes the price is deliberately elevated to increase the perceived value and performance. It can just be a game of one upmanship. This has nothing to do with the performance of the speaker. 

It's not as if ALL loudspeakers on the market are put in one room and listened to and then priced according to performance. What actually happens is audiophiles rate the performance of a speaker based on its price, which is the antithesis of what should be happening.

magazines and reviewers alike commit the same fallacy all the time. They will only ever jokingly compare a magico with say a mid priced B&w. All because of the price difference. 

But even if we put all loudspeakers in a room, no two audiophiles would ever agree on the order of the performance anyway. Audiophiles' opinions are therefore unreliable.

Audiophiles use price as an indication of quality because they have no ability to sit in a perfectly designed acoustic environment and then compare every speaker they want to hear and spend weeks or months doing this. 

Audiophiles are not in a position to do a blind test even if they wanted to. Instead we only get to hear speakers in extremely poor demo rooms and only for a few minutes under pressure from the salesperson

Revel have been known to do blind tests. I think these tests proved that there was no correlation between price and performance.

Distortion can be perceived as warmth. wider and deeper stereo images can be seen as better even if it's not accurate. Neutrality can be perceived as cold. 

In conclusion, audiophiles have no clue how to decide whether what they're hearing is good, bad, accurate, or imaginary.

Price is not an indication.








kenjit
Absolutely true. There are more thousand ways of a reaching perfect SQ it may be cheaper OR Costlier. Nobody compares below thousand speaker with 100 thousand sets.
Don't think there is an answer to which is best at any given pricepoint as everyone has unique tastes. Some like warm, some like bright, etc. I like dynamic range and soundstage and I don't give a damn about accuracy as long as they have definition. It depends on music one likes and electronics to drive them. Even if one could buy all the speakers he wants and test them all in the same room it wouldn't matter because some sound better in different rooms with different amps, etc. I sometimes switch speakers around to my different systems because vinyl sounds better on some speakers as opposed to c.d.'s. I was telling my roommate that some music sounds better on certain speakers. He retorted"maybe you oughta have a different stereo for every piece of music you own". We both gotta chuckle out of that one. But the point being there are almost as many combinations as stars in the galaxy so just enjoy the music on what you've got--the music's the point isn't it?
"if a 10k speaker uses 2k on parts and the rest is on markup, and if a 5k speaker uses 4k worth of parts and 1k markup then the costlier speaker is not going to provide better performance."

Circular non logic. 
You cannot show that a 10k speaker is not a definable thing, by assuming that 2k and 4k drivers, cabs, and xovers are all set in stone predictable definable things.
They are all the sum of their design and parts.   

The OP doesn’t know anything about producing a speaker. You just don’t add up the cost of parts, the manufacturer has to include his r&d costs to come up with the final product. If it’s a cheaper speaker and he will sell thousands, The his r&d cost per speaker will be much less than a speaker that he predicts will only sell a few copies. 
After this, you have marketing costs, and dealer markup. So in reality, the manufacturer could end up getting the smallest piece of the pie.
As for best, I’ve had many cheaper speakers like the Totem model 1’s and mani 2’s which would excellent, but spending much more, I’ve got a much better speaker. If I increased my budget to say $100k, I could do better, but is it worth it?
No doubt more expensive gears from one manufacturer sound better but the question is it worth it? Is there any product from other manufacturers that competes in a lower price ?
p.s) audio journalists are not fare sometimes and their statements are opinions not facts.