A fairly common approach is to use promotional pricing for an introductory period. This lets you test the lower price initially, and gives you the ability to "revert" to the higher price over time. The implicit vanishing lower price purchase opportunity may jump start sales too.
What competitive benchmarks do you have, if any? If there's already a camera automation solution out there for $4995 retail, you'd need some compelling reasons for purchasers to justify the extra $1,250.
Best of luck,