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ivan@stellysee.de
| From | DanAbnrml9@aol.com |
| Subject | Re: audities-digest V1 #823 (12 msgs) |
| Date | Fri, 7 Nov 2003 09:34:39 EST |
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In a message dated 11/7/2003 4:02:19 AM Eastern Standard Time,
audities-owner@smoe.org writes:
Would be interested to know how the DVD/CD market is doing
in big-box stores like Best Buy and Sam's Club.
Actually I think that too little emphasis has been given to how DVDs have
changed the marketplace for music! A few years ago Newburys introduced DVDs and
they've done progressively better every year since, to the point where DVDs and
CDs will be equal revenue-wise in about two more years. But consumers aren't
pulling this money out of nowhere--it's got to come from somewhere, and the
most OBVIOUS place is that they're spending less on music... doesn't that make
sense?
Also Best Buy is DRAMATICALLY reducing their commitment to CDs in the very
near future--new Best Buy locations already have a drastically scaled-down music
section (closer to what you find at Circuit City, it's similar to when they
reduced their commitment to music in the late 90s).
From what I understand, DVDs and CDs are doing extremely well at
Target/Wal-Mart, etc., but obviously they don't offer much for selection. I think that for
traditional record retailers to survive they're going to have to distance
themselves from the top sellers and such and focus more on what product that the
big boys won't/can't carry as well as on diversifying the product lines--walk
into a TransWorld store nowadays and they're dead... but they only sell music.
Walk into a Newburys and we still have customers, but we sell *tons* of fun
stuff besides music. --Jason
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