What's going on with the audio market?


Recent retail sales reports are very bad and I am hearing that sales for audio equipment have been nonexistent over the past few months.  I also see more dealers putting items up for sale here and on other outlets.  Even items that have traditionally sold quickly here are expiring without being sold. 

To what would you attribute the slowdown?  Have you changed your buying habits for audio equipment and, if so, why? 
theothergreg

Showing 1 response by czarivey

merrillaudio4 posts05-27-2016 9:53amHere is my 2 cents from a manufacturer.

1. Sales are good.

...only need to know location and even if you do, it's worth LOTS of LOTS of money to settle so profit not guaranteed or highly jeopardized. Otherwise sales... Don't even think of dealing high-end components unless you snatch a nice storage unit for cheap or sweep through tempting estates. 
Ordering new high-end products and selling via retail store -- WASTE OF TIME and MONEY no matter whatcha do.

Dealers need retooling.

retooling implies expenses that should be ALWAYS part of equation.
1. The older buyers are downsizing.
2. The new products are better, faster and cheaper.

...the new products are better and cheaper isn't true at all. compared intro prices 10 years ago and found 40% increase in average. don't find new products ANY better at all. They're just advertised better and nothing more.