Will Internet Distroy High End ?


The internet has been a godsend to those who wish to trade used equipment. It has also been ok for those dealers who care to do internet business. In the long run however, I don't envy local high end dealers. As more people jump on the used equipment bandwagon it may have a serious detrimental effect on new equipment sales. That in turn may distroy or shrink the cottage industry we call "High End Audio." We would then be left with all the mass merchandisers who want to reduce us all to mid-fi garbage. What do you think ?
stokjoc
Audionut, I'd watch out. I've heard this type of confidence from many of my customers and watched them go down in flames.

First, I don't believe the internet will destroy hi-end. Where ever there is money (perhaps too much) and passion there will be a market place for products servicing this passion. But, the landscape is changing, and the retailer that ignores this will die. I work in the retail and manufacturing industry for household products, and I've seen it.

Think about all the changes that are occurring right now:

First, internet dealers are coming up to speed on the retail learning curve and the internet curve (this is still new to everyone so there is lots to learn). Sure there are some dopes out there (and crooks too), but they will be weeded out. The others will learn and become strong.

Second, the volume of direct-to-consumer sales will increase. It's always been there, but the internet will make it much easier and more efficient. Frankly, from a consumer perspective this is great. Not only will it be less expensive, but it will improve the customer-manufacturer relationship. And, it will eliminate some of the barriers to market entry (e.g. distributors, minimum marketing investments, etc.), enabling hot designers to go out on their own and build a business over time.

Third, the used equipment market will capture a larger portion of the consumer turns and upgrades. Again, the internet and sites like this make it easier than the days when we used to check out sources like AudioMart. Think about the percentage of your upgrades that have been via used equipment just from this site. As this site grows, so will the market of used equipment sold outside of retailers.

Net, times are changing. Add the HT influence, and I'd think that some smart retailers with good strategic marketing would be able to take advantage of the changes, change how they do business and make a good business while better servicing their clients (but, I'll bet that the profit margins decline - survival of the fittest).

Enjoy the music.
internet will change the retail behaviour, not yust for hi-end, but for *all* retail. dunno what the final results are, but retail as we know (knew?) it is history. longplate's example can be repeated w/most *any* commodity. dds-hifi may be headed on the rite track as to how some of these changes may come about.

but, hi-end *won't* die - as long as there are those who want the *live* sound in their homes, hi-end will exist. mite make it thrive ackshully, as prices could be forced down, & there's more potential for product exposure to more people...

doug s.

I think there will be growing pains as local dealers adjust to the new environment. However, the internet is making high-end audio known to an ever-widening number of people which can only be a good thing in the long run. I also think it may force companies to offer more value for the money as it is easy for people to share information about high value equipment and low quality equipment as well.

Personally, I'm thankful for the internet. With the price of good stereo equipment, I would have had a difficult time affording my modest system. Online, I picked up what would have cost around $4700 new for around $1400, mostly used. Besides a CD player and turntable for me, I needed a tuner, DVD player, and remote for my wife to justify the expense. Add the fact that it all sits in a big room with tall ceilings and you can see that putting together something at a local dealer would be difficult at best, especially considering that there are no decent used dealers where I live.

My choice, and I do not think my situation is unique or at all rare, was not buying online or buying locally, it was buying online or not buying at all for several years.
Eventually a few subjectivists will agree to be dbt'd and the results will destroy the high end industry. The internet will be a valuable tool in getting the lack of real differences between most components information to the public. And in this fashion will contribute but not be the actual cause of the downfall of hign end charlatans, whether they be on the corner or online. This doesn't necessarily mean the end of tubes and turtables as the love of distortion (or warmth) will ensure t'n't's survival despite proof of both's lack of transparancy and addition of coloration.
the more tings change, the more they stay the same - the subjective wersus objective argument is as old as hi-end itself. proof that it's not dead, but alive & flourishing! :>)

doug s., wery happy w/my low-distortion (0.07% thd) low colouration, accurate, neutral, transparent, toobed preamp... ;~)