That’s changing because too many distributors acted like sole sellers.
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Mega buck systems.
- Thread starter Mordante
- Start date
That’s changing because too many distributors acted like sole sellers.
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Elztalbiker
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My slogan is cheapest price by max performance and I have a lot of success in German with that[emoji106]
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I think you might be surprised.
I don't know how the situation is in the Netherlands, but in Belgium we still have a handful of stores (Antwerp, Gent, Brussels) with amazing gear in stock and on demo.
As Mike stated, guys with megabuck systems don't always post on forums, but they do exist.
And by the way, there are lawyers and doctors also in our countries who earn millions of € per year.
As there are very wealthy people with their own business(es).
And then you have people who retire, having saved a good sum of money, that buy a dream system for 100-200K.
- Thread Author
- #25
Maybe it is changing in the states. But as far as I can tell not in Europe. Most manufacturers don't want to deal with all the different languages and different laws/rules within Europe. Also with the top brands you only need one or two points of sales within a country. So if the distributor is also the sole seller I don't see the problem. How many MSB point of sale doe you need in the EU? I would guess no more then three maybe four.
- Thread Author
- #26
In the Netherlands there are as far as I know 3 high end audio shops.
A10 Amsterdam http://a10audio.nl/
Chattelin the Hague http://chattelin.nl
Rhapsody Hilversum https://rhapsody.nl/
I don't think one of them has the mega buck systems. They are all great stored and can provide great gear but don't expect them to have €250k speakers in store or a TechDas airforce one. According to the latest stats of all people who pay taxes about 1.3% earn more than €100k.
My generation I'm borne in 1975 will never retire. I am estimating that buy the time I'll reach 70(retirement age) all the crooks (bankers and insurance people) will have made sure there will be no more retirement. Work till you die just like the pre war generation.
Manufactures have option to pick which dealers they want to work with. They have control of how large their products dealer network want to be. They can pick dealers and loan few samples. I don't agree with buy-in =shows commitment mentality. Dealer can buy entire line of Boulder gears and tie up his money in one brands inventory. He can be serious about selling Boulder gears but not everyone can afford and/or like Boulder products. Then what? How many Bryston, Ayre, Macintosh, Simaudio dealers buy entire line of products and have on display for demo? Dealers might want to expand particular brands in their showroom but they just don't have enough capital to invest in demo products. and other side when customers walks into dealership asking for particular model, they don't have available for audition.
I think it's fair to say, what works in Europe doesn't work in the U.S. and visa versa. The European companies are the ones smartening up and creating U.S. divisions, essentially hiring a rep or two. I will tell you, for the most part, it works very well. There are of course a few exceptions and some exceptional distributors (instead of Manufacturer reps), but for the most part you don't have to look too far: CH, T+A, etc. All positive changes in my book.
This thread has definitely got off topic. It was my fault.
....ok, back to megabuck systems!
....ok, back to megabuck systems!
True.
- Thread Author
- #32
All is fine IMHO as long as it's an interesting discussion.Also I'm a pessimist/nihilist/existentialist by nature so I prefer to see the gloom and doom.
The top 0.2% of households in the US have net assets of $20M or more. That makes 250,000 households. Europe should be similar (larger population but fewer at the top end of assets). Not sure about Asia, but certainly Japan and China have large numbers of very wealthy households. I wouldn't be surprised if the total number of $20M net worth households worldwide is between 500,000 and 1,000,000. Take a look at an issue of Robb Report, the lifestyle magazine for the very wealthy (circulation around 175,000 monthly). There are ads for high end watches, cars, airplanes, and hifi equipment - like Wilson and Magico. (Robb Report was said to be Michael Jackson's favorite magazine!).
I know a dealer for whom many (most?) of his clients are in the top category. Many (most?) of these high end clients want very personal service and they come to him because their friends recommend him and they have seen/heard their friends systems. They pay cash (no CC's) and always full retail. Price is secondary to the dealer's service, experience, knowledge and honesty. They will fly to his place to audition the equipment and he will ship a set of speakers or other equipment to their homes and then fly out to set the equipment up so they can audition in their own home at his own expense. Some have multiple residences and he has sold multiple systems, one or more for each residence. We have to remember that rich people have rich friends.
Larry
I know a dealer for whom many (most?) of his clients are in the top category. Many (most?) of these high end clients want very personal service and they come to him because their friends recommend him and they have seen/heard their friends systems. They pay cash (no CC's) and always full retail. Price is secondary to the dealer's service, experience, knowledge and honesty. They will fly to his place to audition the equipment and he will ship a set of speakers or other equipment to their homes and then fly out to set the equipment up so they can audition in their own home at his own expense. Some have multiple residences and he has sold multiple systems, one or more for each residence. We have to remember that rich people have rich friends.
Larry
still-one
Active member
The only Wilson speaker my dealer doesn't have in his store for audition is the WAMM. In general that is the same for every product line he carries. All of the current products for McIntosh, Sonus Faber, Audio Research, B&W, and dCS. Occasionally he might not have both the 800 and 802 or the Aida II.
Priaptor
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Don’t worry. It’s a blessing in a way. If you look at the statistics normalizing for “health” those that retire earlier also die earlier so the jokes on them.
Billion$Baby
New member
I retired at 45...guess I should start digging my hole now and making out the will. Who is going to get all my stereo equipment?? Hmmmm.
Priaptor
Banned
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I don't know how you do it. I tried retiring at in 2007. I drove my wife crazy, my three dogs crazy and ultimately myself crazy. My retirement lasted all of 3 months.
I understand different strokes for different folks but I couldn't handle retirement, it was way too STRESSFUL.
I am thinking about the same too. No one else in the family appreciates the equipment. In fact they got no clue how much they cost me.
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Wow, I'm sure you're a lot of fun at a wedding ...........
Only 4 hours p/w? I am 20-30 hours p/w. Sometimes more. I am not at 100k. But that is not a bad hourly rate