Audio Recession


Is anyone seeing signs of an audio recession. Perhaps, dealers with lower inventories, dealer sales coming more often, more equipment up for sale, sellers selling to pay rent?
128x128nathanu
I have seen some PHENOMENAL deals lately. Needless to say, they are marked as "sold" pretty quickly. Evidently, there is still enough "pocket money" floating around for those "killer deals" when they do pop up. Otherwise, i do agree with the rest of you. Things have slowed down. Hopefully, sales will start to pick up again pretty soon. While i have not stopped buying or selling, i too have slowed down somewhat. I was literally "slammed" full tilt at work today though with customers backed out the door. Who knows, maybe it's already on the rebound... Sean
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The biggest killer for the high end community is, HOME THEATER!! You alot of companys out there making home theater at a cheap price with high performance. And you have magazines writing colums on how two channel high end is dead, And why buy two channel if you can have seven. Well for me I will always have my two channel. I dont want to hear the drummer coming out of my left rear speaker. Thats not how it is live. Gino
My company builds high end toys for the rich, and we too have been affected. The sales are down but not gone. I feel that the consumer is in a position of strength, and we as sellers need to work harder to keep every deal alive. There is a difference between a few thousand for a component and a few hundred thousand for one of our products, but I think that the comparison is still valid. Myself, I have a new baby on the way and am now on one income ... but I think that the right deal would send me into my pocket. Times will get better, thay always do, but not until the market has purged itself of the weakest links in the money chain.
I agree that it is here.My sales are down 50% easily since
sept.11,and I only sell USED!!
Needless to say,my margins are way down just to move the stuff. It is indeed a great time to buy if one is in the market.