I am openning a shop. What equipment should I sell


Planning on opening a retail "store front" what equipment should I carry?? Should I sell at price points or sell what sounds good? How important is base response in speakers. What is the right approach??
sounds_real_audio
Seriously, Jim.........

As much stuff as you have sold here, I would like to think that you are knowledgeable enough not to even think of starting a retail store front.

All of my dealers went belly-up years ago. A few friends tried to hang onto their stores, but only after they went "HT". They eventually migrated into installation to prevent going belly-up.

Betting on black is around 50% chance of success. Opening a retail outlet is damn near 100% chance of going bust.
If you want to make real money, stick the the Pyramid Principle. "There are more people with money to spend on the lower end of the price scale, than at the top."

I'm sure you've done some research and know what the surrounding stores offer. Next, BE VISIBLE. Don't rent a store at a cheap rent in an out of the way location. You can not spend enough money on advertising if people don't see you.

Next, offer some high end products to test the waters. There's bigger margins here. If it works, increase the line. Ask the manufacturers to work Co-Op advertising deals with you. Some will. Some won't. But either way, you must convince them why they should.

Lastly, make your war chest has a heavy advertising budget. You need to advertise heavy in the beginning to get your name out. Do quickie 10 second radio spots with programming geared to your target market. If your selling ipods... that is a way different radio station. Figure at least a modest $10,000 in media advertising in the first 6-8 months, minimum, if you want to do it right. Don't take short cuts. Hire quality people. And finally, be honest with your customers and yourself. Good luck! :)
All the high end guys around here are doing HT or custom install to pay the bills. Very little floor space for 2 channel for the guys that still have showrooms. Three of the five stores in my area closed their showrooms and just to custom install now.
Audio Refinement w/o a doubt. Very good performance for the money. I would Also carry some of the mid fi stuff available. Mid fi such as Rotel, Adcom and the like. While they may not be in the same ranage as krell, YBA, AR, and the like they are better then most Mac stuff I have listened to, and they cost far less.

Bang for the buck, keep this in mind and you will suceed, do other wise and you may well fail in your endevour. After all, 5 sales of mid fi a day, to happy customers, beat the heck out of 1 sale a month of hi end.

Food for thought.