cmalak
Active member
- Joined
- Apr 10, 2013
- Messages
- 2,304
Jim...well said. The challenge of the shrinking b&m dealer universe due to the added competition of online retailers without the same overhead expenses, as well as the vagaries of an ailing economy, have dealt a blow to the high-end audio industry, which actually forces the hand of manufacturers to move up the food chain in terms of product pricing because the fewer selling touch points, translate into fewer units sold, and so to stay in the game, they have to develop products that are higher priced and hence higher margin to stay in business which is self-defeating because then you price out more of your potential audience, shrinking the size of the market to the very well to do and super rich. In a business, where the value-add of a dealer in terms of carrying inventory, providing demos, advise on mixing and matching appropriate components, etc...is super important to the selling process, it's a conundrum that the manufacturer and dealer community need to figure out how best to address. It's very tough to be a dealer these days.
It's that old adage:
"How do you make a small fortune as a high-end audio dealer?"
"Start with a bigger fortune."
It's that old adage:
"How do you make a small fortune as a high-end audio dealer?"
"Start with a bigger fortune."