smoe.org mailing lists
ivan@stellysee.de
| From | "Jaimie Vernon" <bullseyecanada@hotmail.com> |
| Subject | Re: Media Play Bites the Dust |
| Date | Thu, 15 Dec 2005 21:08:32 -0500 |
[Part 1 text/plain (1.8 kilobytes)]
(View Text in a separate window)
AT Date: Thu, 15 Dec 2005 13:26:25 Stewart wrote:
>I'm with Josh on this one: Media Play closing means the same thing that
>Wherehouse and HMV closing did, that stores with stock limited to major
>labels and well-distributed indies, absurdly high per-CD markup (I was in
>the Record Barn in Copley Square last year and discovered that most of the
>discs were priced at $18.98, even the deep catalogue stuff!) and a business
>plan last revised in 1985 are in big trouble. Chains that can adapt to the
>current realities of the marketplace won't be.
In the Greater Toronto Area we have the usual high-end commercial driven
retailers like HMV, Music World, Sunrise and the lone Sam The Record Man
megastore on Yonge St. They are inventory wastelands of major label dust
collections at $24.99 and up.
At the city's outskirts we have two significantly competing used CD chains
-- Deja Vu Discs (9 stores) and Beat Goes On (12 stores). Per month these
21 stores buy more product from Bullseye than ALL the major retail outlets
in this city COMBINED (that's 113 stores that do NOT include Best Buy, Wal
Mart or Futureshop who will not deal with an indie like us).
I was in the Deja Vu store nearest my home this afternoon and no one was
selling used product to the store today...all 17 customers in this 900
square foot room were BUYING CDs....lots of them at a price ALL under
$11.99.
Retail isn't dead....the major market paradigm is dead.
Jaimie Vernon,
President, Bullseye Records
"Not Infecting Our Customers' Computers Since 1985!!"
http://www.bullseyecanada.com
http://www.bullseyerecords.com
Author, Canadian Pop Music Encyclopedia
http://jam.canoe.ca/Music/Pop_Encyclopedia/
http://www.myspace.com/jaimievernonsmovingtargetz
For assistance, please contact
the smoe.org administrators.