I talk about diminishing returns on multiple posts about expensive basses. I would like to explain what it means. Basically; “diminishing marginal return” means that the difference you get per $ decreases dramatically after a certain price point.
I would expect the quality difference between a 500$ bass and a 2.000$ bass to be much greater than the quality difference between a 2.000$ bass and a 6.000$ bass.
In other words; I would expect a 2.000$ bass to have a much higher quality than a 500$ bass. However; a 6.000$ bass wouldn’t differ that much from a 2.000$ bass.
After a certain point, we can’t even speak about a “better” bass, but we can speak about a “different” bass which is not necessarily better or worse than the cheaper one.
Here is a chart demonstrating the idea.
Makes sense, right?
My Fodera vs Fender Custom Shop comparison provides a “case in point” demonstration of diminishing returns. Both have their strengths and weaknesses, but none can be considered absolutely “better” than the other.
Now, let’s ask this question: Do You Need An Expensive Guitar?