The Future of Retail Music

Dustin07 · 12-30-2006, 12:13 PM

CD's are out. So what do you think a retail music store will actually be in 10 years? What would you like it to see? I guess Sam Goody has plans to create 'destination' stores. I'd like to see a leather couch, flat panel tv, and espresso machine myself. With download kiosks. I'm thinking meet for coffee, watch music videos on the flat screens, then download the latest and greatest...

Still, I'm not sure how the stores will survive. The new niche must be forming soon though.

pctec · 12-30-2006, 12:39 PM

We will all download them or bring our thumbdrives to the store for instant purchase

Dustin07 · 12-30-2006, 12:52 PM

Quote:

thumbdrives to the store for instant purchase

about a year or two ago that seemed to be the expectation, but I don't think it has much potential just because downloading from home has become so easy. I think this 'destination' shopping place has potential, but I'm not sure what all it will include.

Ferre · 12-30-2006, 01:31 PM

There are still stores that are specialized in vynil records and somehow they do well. Maybe the music stores for the future will have to specialize in rare or other music that isn't easy to find online.

Dustin07 · 12-30-2006, 01:54 PM

it's possible. But that was Tower's claim to fame and they still ended up in bankruptcy. Tower offered as many as 100,000+ titles in their stores, whereas Wal-Mart carries closer to 5,000. And yet WM has about 25% of the CD market.

Maybe the obscur titles + the destination location type theme.

RobS · 12-30-2006, 03:38 PM

Records still sell well due to all the DJ's out there... my brother is one.. they cant get enough of them..

pctec · 12-30-2006, 07:16 PM

Dont they have platters that can "spin" mp3's now Rob?

RobS · 12-30-2006, 07:18 PM

Couldnt tell you....probably... but nothing like the real thing..

pctec · 12-30-2006, 07:18 PM

Oh... like this...
http://www.zzounds.com/cat--DJ-MP3-Players--2459

RobS · 12-30-2006, 07:23 PM

Better not show my bro that till he can afford one lol...

ewomack · 12-31-2006, 11:31 PM

Cds are out?!? Whoa... there goes AOR!

mothproof · 01-09-2007, 05:50 AM

music piracy is a big thing back here. people are selling pirated cds rampantly, and then there's also the ease of downloading, so i guess the only way the music retail industry can survive is if it brings down its prices.

tower records, are you reading this?

Dustin07 · 01-09-2007, 08:28 AM

tower records already filed for bankruptcy and in October started selling off assets

IslaScotts · 01-09-2007, 01:15 PM

Quote:

Originally Posted by Ferre

There are still stores that are specialized in vynil records and somehow they do well. Maybe the music stores for the future will have to specialize in rare or other music that isn't easy to find online.

The music stores that do very well here are like you say, speciality stores. They sell hard to find music, hard to find vinyl, hard to find band t-shirts, and sell regional music/indie music.

Izzmo · 01-09-2007, 02:29 PM

Quote:

Originally Posted by Dustin07

CD's are out. So what do you think a retail music store will actually be in 10 years? What would you like it to see? I guess Sam Goody has plans to create 'destination' stores. I'd like to see a leather couch, flat panel tv, and espresso machine myself. With download kiosks. I'm thinking meet for coffee, watch music videos on the flat screens, then download the latest and greatest...

Still, I'm not sure how the stores will survive. The new niche must be forming soon though.

Wow.. I would love to see that. I'm all about the technology! I would actually buy the music then

Lol.. I actually do since I have Napster, but its all good. That would be like "the hangout" spot if they made one of those!

Julie · 01-10-2007, 10:39 AM

I still buy the CDs of bands that I love. I've probably got the mp3s too, but I like having something physical in hand as well. Not just some electronic file that could easily disappear with the click of a button.

mothproof · 01-11-2007, 12:29 AM

Quote:

Originally Posted by Dustin07

tower records already filed for bankruptcy and in October started selling off assets

wow, i didn't know that. thanks for the info..

guess i should get out more often..

i hope i can still buy an original cd of the cranberries. their debut.

sem4u · 01-11-2007, 05:12 AM

HMV are struggling.

Quote:

But in the six months to October 28, tough competition and poor music sales saw the firm slump to a £36.4m loss.

http://news.bbc.co.uk/1/hi/business/6250849.stm

That's a big loss!

Virgin Megastores don't make any money here either.

I do like to buy CDs rather than just download tracks.

Dustin07 · 01-11-2007, 08:15 AM

Quote:

i hope i can still buy an original cd of the cranberries. their debut.

Is this it?