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Vinyl boom a double edged sword to record shops?

Where do you see $20 in my post? I wrote two dollars and ninety nine cents. While you might get lots, they will be of varying degrees of quality - generally hit or miss. I only buy online what is rated VG+ or above because lots of people over grade based on visual inspection. I thought $7 total for a EX was a decent deal. I wanted to bundle with the seller, but he didn't have any other auction expiring soon.

20 bucks for an eagles lp is way too much. Ive been finding many eagles for 2 or 3 bucks. On ebay right now you can get a lot of six studio albums by the eagles for double what you paid for 1.
 
After reading through this thread, (which is interesting), two things come to mind:

1. I read somewhere that Euclid Records sells more online than out of their store. In fact, they mostly have the store so people can bring in records they want to unload.

2. The owner of The Record Exchange has his building, which is quite large, up for sale because he needs more room.

ra7c7er, you say there are 5 stores. I know about Euclid, the Record Exchange, and Vintage Vinyl. What are the other two?

I've heard that about Euclid to. But it's because of there pre-sales list they send out to people. Then they do private sales on eBay for those that want stuff. I know a lot guys that won't even go in there because anything even remotely good is sold before it even has a chance on the local market. Not exactly a business caring about being in the good graces of the locals.

The Record Exchange is a unique store with a unique owner. He's kind of an ass from what little experience I have had with him and his prices are high but he has some insanely rare stuff and he buys anything in just about any condition. Supposedly he has several storage units crammed floor to ceiling with records. That library he is in would be big enough for him if he used his space better.

Part of what i like about Vintage Vinyl is that they give in store a chance first before selling on eBay. Give the local guys a chance to get some cool stuff then if the local market doesn't want it they sell it on ebay.

Apop and Slackers. Apop is mostly new stuff but they have started getting into used. I combine all of slackers locations as one store because if they were all one store it would actually be a pretty nice place.

Where do you see $20 in my post? I wrote two dollars and ninety nine cents. While you might get lots, they will be of varying degrees of quality - generally hit or miss. I only buy online what is rated VG+ or above because lots of people over grade based on visual inspection. I thought $7 total for a EX was a decent deal. I wanted to bundle with the seller, but he didn't have any other auction expiring soon.

I think he was trying to comment on a earlier post.
 
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The current resurgence is probably just a faddish blip on the radar screen and we should all enjoy it while we can. Serious record lovers though will perhaps benefit somewhat as these new distribution channels will make the vinyl they love more accessible, albeit most likely at a higher price. But that's not really a bad thing. I can find stuff online I've rarely seen in record stores that all I have to do to obtain is punch a few keystrokes and it will be delivered in a few days to my door.
And then we'll probably see all the new stuff that the fad followers have been buying show up in used stores. Then it will all be full circle.

Not as much fun as spending hours thumbing through stacks at various stores, but then again when I'm doing it, I often ask myself "Why?" as there's a good chance I can audition/bookmark this stuff on Spotify, so why spend my limited dollars on something that may get played half a dozen times, if that many???.
I rarely buy rock stuff I haven't at least listened to a little or know and like the band. But nothing beats flipping through LPs in a record store, I just wish there was one closer than 25 miles (and horrid traffic) closer to me. When I was a teenager, I spent hours in the record store flipping through the stacks. It was wonderful!
 
Exactly. The businesses I know that complain about the state of their given industry are the ones who are chasing the trends rather than setting them. I believe it was once said like this, "lead, follow or get out of the way".

bingo. The store I trade and buy with routinely refuses records (and cds) that would be a tough sell. I've witnessed it on many occasions there. Folks come in with trashed albums thinking they're gonna see major coin only to leave with those very same trashed records. Ditto the common fodder. And the inventory in stock is priced to move, not off some one time eBay minimum reserve.

Thank god there's still some brick and mortars who get it.
 
bingo. The store I trade and buy with routinely refuses records (and cds) that would be a tough sell. I've witnessed it on many occasions there. Folks come in with trashed albums thinking they're gonna see major coin only to leave with those very same trashed records. Ditto the common fodder. And the inventory in stock is priced to move, not off some one time eBay minimum reserve.

Thank god there's still some brick and mortars who get it.

I think most of brick and mortars get it. They know they are a dying breed and they are just waiting to see what happens. the flip side is like with the store selling a $20 copy of the eagles greatest hits some stores don't get it.
 
This store has just expanded. He is definitely not a dying breed. Sells books too. Great atmosphere + good product + good pricing + great location = thriving business. Its in the heart of a rejuvenated downtown college town. Location, location, location.
 
This store has just expanded. He is definitely not a dying breed. Sells books too. Great atmosphere + good product + good pricing + great location = thriving business. Its in the heart of a rejuvenated downtown college town. Location, location, location.

What store? That's how vintage Vinyl is it's in a great location surrounded by student housing from 4 different colleges.
 
However.....I believe with all of the current competition. It's getting less frequent these days and scoring a nice batch of Rock vinyl on the cheap is something to get excited about! At least in my experiences in the last few years or so.

It is pretty much the same with vintage electronics also. There are a lot of people who go to the thrift stores, flea markets, Craigslist, and garage sales daily to find things to flip. There are a ton of vintage receivers on the local Craigslist, for example, that are priced way above what the market was even a year ago. Most of them are in barely functional condition. The flippers are more of the competition around here than the collectors are. There are more indoor flea markets than record stores here now.
 
There are a damn lot of hipsters here. :smoke:

I can believe the $8-12 retail, it's the $3-4 that they're paying seems waaaay out of line. Getting a buck or two here is darn near impossible unless you got something worth $10-20...:yes:
 
It is pretty much the same with vintage electronics also. There are a lot of people who go to the thrift stores, flea markets, Craigslist, and garage sales daily to find things to flip. There are a ton of vintage receivers on the local Craigslist, for example, that are priced way above what the market was even a year ago. Most of them are in barely functional condition. The flippers are more of the competition around here than the collectors are. There are more indoor flea markets than record stores here now.

Actually, I'm not sure how many of those receivers on CL are flips these days as there sure seems to be less and less gear out there.

Sure there's more folks out hunting, but I also think more folks are figuring out there's better ways to sell this stuff than by sticking it in your driveway for $20
 
I've been spending the last six months going through 3000 records that I inherited. I figured I would have space for 1000-1500. I made an agreement with a local small record shop to take the rock and jazz LPs on consignment, not to get top dollar for them, but to make them available to others, help my local business, and bypass flippers.

I left a lot of very good condition jazz records with the shop, but almost none of the Miles Davis, Coltrane, Brubeck, etc. that people would find more desirable, so my monetary expectations were modest. The good stuff went into my collection. The store owner was still grateful to get my old poor condition Zep, Stones, Beatles, etc. He also got hundreds of unknown titles in VG+ that are probably still in his bins.

Supply and demand is the factor here. Now that I have an extensive collection, my focus will be on quality from now on. If that means going to a shop like The Record Collector in LA when I visit and walking out with four records for $100 to get what I want, so be it. The owner has this horrible reputation for being rude, which I witnessed several times in a half hour when people walked into his store expecting $1 records and finding his cheapest at $10, then making a ripoff comment. They were just unclear on his business model. Me, I'm glad he is in business.

eBay has pretty much ruined the great deal. Almost the opposite when people don't know the difference between a great rebuilt unit and a hulk. I thought I was very lucky to get a decent condition TD 124 for $700. ( not on the bay) I think we should trade stuff more and not get so caught up in getting top dollar, but then that comes from a perspective of not having to, so I'm not going to be judgemental about it.

Support your local store when you can. It is more fun when they are around.
 
What store? That's how vintage Vinyl is it's in a great location surrounded by student housing from 4 different colleges.

Last Exit Books in Kent, Oh. My wife browses the books and I browse it all. Never have left that place empty handed. He has a very nice selection of new and used with regards to music.
 
Actually, I'm not sure how many of those receivers on CL are flips these days as there sure seems to be less and less gear out there.

Sure there's more folks out hunting, but I also think more folks are figuring out there's better ways to sell this stuff than by sticking it in your driveway for $20

A lot of them are flips around here. I have personally see the same guy buying at Goodwill and turning around on CL the next day. I have also seen vintage receivers for sale on CL for $20 only to see them relisted for $120 by someone else the following week. Take a look at our Craigslist and you will see multiple vintage listings by only a few sellers. There are even ads to buy your vintage electronics. There isn't anything wrong with flipping, it's legal. It just makes it more difficult for the enthusiasts.
 
A lot of them are flips around here. I have personally see the same guy buying at Goodwill and turning around on CL the next day. I have also seen vintage receivers for sale on CL for $20 only to see them relisted for $120 by someone else the following week. Take a look at our Craigslist and you will see multiple vintage listings by only a few sellers. There are even ads to buy your vintage electronics. There isn't anything wrong with flipping, it's legal. It just makes it more difficult for the enthusiasts.

Well, if you are truly enthusiastic about a piece you would just buy it from the flipper - right?
 
Yes, I could buy from the flippers. I could also over pay for the used Eagles vinyl at the flea markets too.

Two entirely different things. You may or may not ever get another chance on the equipment, you know you can find an Eagles album any old day. I'm an opportunity buyer, and I'm ok with that. It doesn't mean the flipper is taking anything away from me. If I really am enthusiastic I'll buy the piece from the flipper. that's the difference, and I've done it. Just because you miss out on it first doesn't mean you can't get it. And just because you scrounge gear at the thrifts doesn't mean your entitled or an enthusiast, it just means you scrounge gear. Nothing wrong with that.
 
Yes, I could buy from the flippers. I could also over pay for the used Eagles vinyl at the flea markets too.

Look at it this way, the Flipper is doing alot of leg work for you. They are going to Flea markets, Goodwills , garage sales and searching for that gear that you want but have no time to look for or just are never at the right place at the right time. They are burning lots of time and gas ... it seems like flippers actually serve a purpose for anyone that really wants a piece of gear but can't find it. Whats worse is the piece of gear falling into a collectors/audiophiles hands where they store it and never use it or sell it, they just polish it and look at it. Just read a thread where someone has 140 speakers stored that they never use. That is a waste. As long as the flipper is charging a fair price, the flipper is your friend.

I think we should all just be happy that stuff can still be found for cheap at sales and later flipped or kept.
 
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Two entirely different things. You may or may not ever get another chance on the equipment, you know you can find an Eagles album any old day. I'm an opportunity buyer, and I'm ok with that. It doesn't mean the flipper is taking anything away from me. If I really am enthusiastic I'll buy the piece from the flipper. that's the difference, and I've done it. Just because you miss out on it first doesn't mean you can't get it. And just because you scrounge gear at the thrifts doesn't mean your entitled or an enthusiast, it just means you scrounge gear. Nothing wrong with that.

It's the exact same point. With the renewed interest in vinyl, those Eagles albums are getting more difficult to come by at a reasonable price in a decent condition. That was the OP's original point. The record stores have a lot more competition these since there seems to be more people trying to cash in.
 
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