Impact on HiFi sales


I'm just curious as what holds in our future regarding buying, selling of used and new gear with our new "norm" . How many brick and mortar shops will be decimated? How many manufacturers will cease to exist or not be what they once were in a very short time?
My fear is that this niche, hobby, passion and obsession will fade except for the very well to do.
Just a thought regarding our new norm.we all face now.
Happy Listening
Mark
markum01

Showing 1 response by iopscrl

We have other things to worry about right now. 

That said.  NOW is not the time to buy.  I understand a desire to support B/M dealers particularly those who provide actual value added services, rather than being showrooms for drop shipping at MSRP.   There will be a leveling of the industry.  Some dealers and manufacturers will not survive.  Do you want to buy a new product from a company that goes bankrupt rendering void all warranties ?  Do you want to buy a new product from a dealer that goes bankrupt and will be unable to provide additional support ?   Of course not.  Better to wait.   There will be desperation sales from manufacturers, dealers....and people.  Bargains will be available. 

Be patient and focus on health and family. 

Then see how the audio market shakes out.