- This topic has 10 replies, 6 voices, and was last updated May 22, 2006 at 11:41 pm by Raj.
-
AuthorPosts
-
March 8, 2006 at 9:07 pm #1037314
Been thinking about starting one up. Do you think there is already to many to compete with ?
March 8, 2006 at 10:03 pm #1068898TBH I haven’t yet used an on-line record shop but may be doing so towards the summer – when I am a bit more settled in my new area may be getting decks again..
I reckon if you have a good selection database software is robust and secure,the MP3 previews are regularly updated and the customer service/logistics are good you’ve got as good a chance in the market as anyone else… bear in mind there are two markets as well, your normal regional customers and potentially worldwide (although some countries are dodgy due to high levels of card fraud).
It looks like these stores are taking over from the traditional record stores anyway! the overheads would be way less for one thing, traditional stores attract crime / jealous haters and record stores are obvious potential targets with lots of cash and stock which can be sold on/exchanged for drugs
I was in Ipswich earlier today and it looked like there was at least one urban music record store there but it had closed down…
But look at it this way, there are stacks of on-line stores selling computer kit (and often the same stuff) yet you still get new entrants – the main bit is customer service and retaining a good core of customers / people who will recommend you to others
March 8, 2006 at 10:11 pm #1068903Was it Red Eye Records that had closed? I know they do really well on the internet now, so they might not need the shop anymore.
March 8, 2006 at 10:18 pm #1068906i feel sorry for small record stores. most of the ones near me are closing down or relocating, mainly due to the recent increase of online stores. probably a good thing tho, as it means the less records shops there are the more business for onlines ones. tho i do miss bein able to drop in on my local avid records, have a chat with the friendly staff and trade old records and so on. seems like only the bigger companies like massiv’ can afford to stay open. i dont no nethin about startin an online company, but theres probably some good software tabout that would make it easy. like gl says, keep the mp3’s up to date, nothin i hate more than when you cant hear the tune you wanna buy first.
March 8, 2006 at 10:53 pm #1068902Tuneinn records closed recently i knew the brothers that ran it.. to be honest i think there is a market for it, It gives people the chance to listen to what they want at their own time an when they want..
My sisters man is the perfect example.. he is part of the internet generation and usually buys all his tunes online where he can listen to em at his leisure..
I recently took him to my local record shop where he enjoyed the flicking through the tunes.. I’m lazy i get Dan the record man to pick out what i’d like and go from there…
However D-trash decided that he still prefered online as you have no pressure to listen to them faster when there is a queue at the dex..
However the bonus to shops is that you get your tunes straight away…
Whatever you do Titch i wish you the best an if you sell acidtechno i’ll buy it…:bounce_o:
March 8, 2006 at 11:43 pm #1068900the centre of the city that I live in has almost no independant shops anymore
the high st is almost exclusvely owned by the Burton group
there used to be about 10 independant record shops
now there are two (and one is all rock, and only on CD)
while I always want to support my local record shop, they are being driven out of premesis, rent-wise, by big chains they can’t hope to compete with. If there’s no-where else to buy my tunes from, online is the place I’ll shop, rather than try an order tunes though Virgin etc
if you’re apssionate about music and have a decent business head on your shoulders, you’ll do weel with an online record store
as GL says, look after yourcustomers and you can’t go wrong, really
good luck to you mate
March 9, 2006 at 9:44 pm #1068899titch wrote:Was it Red Eye Records that had closed? I know they do really well on the internet now, so they might not need the shop anymore.Red Eye appears to still have their shop operating according to their website.
This other shop was pretty much an empty building which looked like a former record shop (display units etc) – it may have been something else and I was watching out the window of a car so didn’t get a chance to look at it that closely, but in this part of the town a lot of independent shops (of all kinds) seemed to have closed down
May 21, 2006 at 8:19 pm #1068904General Lighting wrote:Red Eye appears to still have their shop operating according to their website.This other shop was pretty much an empty building which looked like a former record shop (display units etc) – it may have been something else and I was watching out the window of a car so didn’t get a chance to look at it that closely, but in this part of the town a lot of independent shops (of all kinds) seemed to have closed down
Yeah I spoke to the guys at Red Eye the other day they are still open.
May 21, 2006 at 8:52 pm #1068907titch:bounce_m::bounce_m:
i think its all about market: who you are targeting and what you want to sell
service to your customer base is also very important; nothing loses custom faster than poor dispatch and delivery. Never ever lie to a customer by saying its in the post; you will soon be found out and byebye business.
people always recommend the companies which they have had the best service from even if it was not the cheapest priceto be specialist you need to have amazing stock in your area of choice and there has to be something eyecatching or unique about what you are selling or what services you offer
to be general you need to carry a large amount of stock to fill those orders
checkout htfr for some idea of the stock for a general store;so first work out who you want to sell to and what…
what will make your shop unique…
work out how much you to invest…
standalone or part of say ebay…
how many hours a day you need to put in…
oh and how you will get by until it starts to make a profit…which can take up to 3 yearssorry to rain on your parade but i have been self employed in a shop type thing before and it can be very tough on a bad day
if you want more advice or whatever just pm me:crazy_fre
May 22, 2006 at 11:04 pm #1068905Cheers Rajsuspect !!
If I ever get my butt into gear and actually do it (Ive been very slack for months), I will PM you for advice from your past experiences, that would be very helpful.
May 22, 2006 at 11:41 pm #1068901phonica is a good example of a well run store
if you can match that you’re bound to do well
-
AuthorPosts
- You must be logged in to reply to this topic.