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 2 responses by uncledemp

I'm 55 and have always had a system. I have actively bought and sold gear for ten years, but slowing down now and enjoying my music more. 

There seems to be a large number of gear manufacturers fighting for market share. This competition is good for us I guess price wise. Plus there is a healthy used market of quality gear to choose from. 

I have a turntable and many albums but I tend to be leaning toward smaller and smaller gear that gives me good sound. I'm excited about technology and the positive changes it will bring in terms of form and function. I no longer aspire toward a 90 pound amp, etc, but I'm not quite ready for a Bose Wave yet!

I think we are living in an exciting time for our hobby. I'd like the US to manufacture more and provide jobs, etc, but I'm not well versed enough to pontificate on the subject.

I'm thankful for Audiogon and all the help offered here. It helps me buy smarter and learn about new gear rather than learn from only advertising.

I agree with the lack of audio stores. I am 150 miles from a couple, 300 miles from Dallas. But I'm aware that many people test the gear in stores and buy online for a better price. I'm not passing judgement, just stating a fact.

No telling what the future brings. Things seem to run in cycles. The other day a younger friend commented that someone should start washing windows and checking your car out when you gas up. I agreed.

I had that job 80 hours a week for $1 an hour in 1975. Companies are now selling the fact that the phone is answered by a human. No telling what comes next...