Openning a hi fi shop


What would be your business model if you were to start a new business a hi fi business. What lines and why...
sounds_real_audio

Showing 1 response by 8th-note

The question you are asking really needs to be turned around and looked at from the perspective of what type of customers are you trying to serve. If you are starting a store in Redmond and catering to Microsoft millionaires you might want to focus on ultra high end gear. If you have a store in a college town you would want products that students could afford.

It would be a fun exercise to research this. Every month I hear of a new brand of speakers or electronics that are being introduced into the US market and all of these companies are looking for distributors and dealers.

An example of an interesting line that is not well represented here is Tsakiridis from Greece. I saw this stuff at the 2018 AXPONA and was really impressed by the sound and workmanship. The prices were very reasonable.

The store I deal with in Gig Harbor took on Line Magnetic gear which was a surprise to me because I had considered it the type of thing you ordered from China. However, this gear is stunning to look at and seeing it in person was a revelation. I'm sure that there are a lot of people who would never consider that brand unless they saw and heard it in person.

Curating the gear for a particular store would be a complex challenge.