What's happened to the used high end market recently?? Sales are tough....:0(


The heading says it all!! What do you guys think is the reason that the sales in the used high end market have gone soft??
Prices too high? Economy too slow?? Stock market too volatile?? Something else??

Thoughts....
128x128daveyf

Showing 6 responses by craigl59

Has been discussed regularly on Audiogon. Here are some prior responses/thoughts:
1. Culture places less importance on musical activities, thus less demand for HEA
2. Listening has migrated to streaming and quality is sometimes unavailable, sometimes not of interest
3. Listening styles have moved away from demanding content (such as classical and jazz) to pop and hip hop that requires less HEA
4. Americans have less disposable income (paid your health bill recently?)
5. Younger generations are visually oriented and prefer video games over straight listening sessions
6. And get ready for the "no everything is great and HEA is thriving like never before" responses -- worthwhile checking to see if these are made by industry people...

The Magico founder Alon Wolf based his business model on the new A3 for a projection of selling 1000 sets; at $9800 that's close to 10 million and enough to cover his substantial equipment outlay. Of course he is following a certain marketing approach: build a clientele for the very top end then offer a more reasonable product to increase sales volume.

Will be interesting to see if the enthusiasm for the new design continues although the first run appears to be sold out.

Are there 1000 audiophiles out there with ten grand to spare? If so, then HEA may have some legs after all.

corvette01:

Emotiva is following the same move towards HT; their success with the XMC-1 preamp and T1/2 speaker sets has pushed them logically in this direction. Their new design for a multi/multi-channel new pre (7 channels and up) is based on the belief that additional speaker combinations and Atmos-type additions will continue to sell the best.

Video over music always in out current culture.

+1 Grannyring

The decline of acoustic pianos (esp. grands) offers a similar tale, one that developed more quickly than the decline in HEA. Eventually, there are just a few manufacturers left and those who are speak to a vanishing crowd from another time. Doesn't mean their product isn't worthwhile or doesn't offer real sound advantages. Does mean that the culture no longer finds what they offer has value.