Wayne -
great post there, thanks for taking the time articulating such fine nuanced points,
it makes much more sense to me now...especially this bit:
A young pipemaker needs exposure more than anything and he gets that through retailers like smokingpipes. That's his priority at this point even more so than 100% profit and it's actually a smart way to go.
I hadn't thought of that angle and I think you're right about it.
Smokingpipes has a somewhat exclusive stable of pipemakers so that ups stature to be there and the maker has worldwide free advertising as well, giving people a sense that the maker is "bonafide" and all that builds a solid foundation to launch into the higher realms on down the road.
It brings to mind also the role of an important retailer like SPC, how in a way they are similar to a renowned art gallery, being somewhat pivotal in the process of establishing the "great names" --- like if you're a visual artist and the Saatchi gallery starts buying your stuff, it's like an automatic stamp of approval and the market responds accordingly.
But there has always existed a critical tension between the artists and galleries too, especially concerning the monetary percentage rates, and could in some cases be portrayed as exploitative or parasitic.
The recent thread about "instagram pipemakers" illustrates a new commerce with a new media, a pipemaker can shoot thru the roof and become viral on social media and carry big weight, even if the maker isn't exactly recognized by "important collectors" and circumnavigate the whole political process altogether yet cultivate a broad base of eager patrons.
I'll quit rambling now...