Corycm
Well-Known Member
More than you think. Small stores are increasingly getting cut out of the major label distribution (cough*anything owned by Sony*cough) and have to use third-party distributors for stock.
Pre-Order Thread
- Thread starter Captainfog
- Start date
I get it buddy, you need more money. Guess what, me too. Peace.
eatdogs
Well-Known Member
Ethos99
Well-Known Member
I had no idea stores had to get stock from so many different sources.
My local let slip he could get a Sub Pop album for about $12 so I thought that was the going rate for single LP's. Started thinking i should open a record store.. Maybe not.
Corycm
Well-Known Member
Yep. Guy I know that owned a shop (closed for a few years now) couldn’t compete when Amazon was selling below his cost. Most places, depending on volume, are trying to make 35-40 points on an album. Higher volume you can take the margin hit. Certain, generally smaller labels (like Merge or SubPop) are friendlier to indies and will sell direct which helps retailers keep prices competitive while maintaining the margins - plus other stuff like giveaway items, exclusives, promo swag, etc.
Ethos99
Well-Known Member
So now I feel bad that stores are having some challenges, however Vinyl Cup's approach seems a little hostile.
My local will have it for $28.99, and I'm not paying shipping so its a wash.
Corycm
Well-Known Member
Oh, for sure. I wasn’t excusing them for that level of profit taking. Luckily not many business take that tack.
Retail on many consumer goods (jewelry and clothing NOT included) is relatively low. An old standard retail markup can be figured by taking cost x 1.67 so
$1 x 1.67 = $1.67
This yields a 40% margin over cost:
$1.67 - 40% = $1
So at Vinyl Cup’s stated cost $18.99. A fair retail price would be $18.99 x 1.67 = $31.70 or $32. So $28 or so is a good price for everyone. Store can make a fair profit and the consumer gets a decent deal.
This sounds like a lot of profit until you start multiplying how many $$$ in gross sales you need to make a profit after labor, rent, and other overhead. This is why used record sales can be so important because the margin can be many times higher if they score a really nice used collection on the cheap.
OTOH For sure the tone of the Vinyl Cup posting sounded a little harsh. And, I’d be worried about the part in Vinyl Cup’s terms warning about taking orders when they are not sure how many copies they will be getting. Every store can sometimes oversell preorders if they get shorted but it is much better to undersell and be able to fill all your orders. That is very bad business if it happens repeatedly.
You will likely forget what you paid a lot faster than you will forget you got shorted out of a record you really wanted that is unobtainable at anywhere close to the original retail price.
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Russ I
Well-Known Member
A new Taylor Swift "exclusive":
www.target.com
Taylor Swift - folklore (Target Exclusive, Vinyl)
Read reviews and buy Taylor Swift - folklore (Target Exclusive, Vinyl) at Target. Choose from contactless Same Day Delivery, Drive Up and more.
www.target.com
A new Taylor Swift "exclusive":
Taylor Swift - folklore (Target Exclusive, Vinyl)
Read reviews and buy Taylor Swift - folklore (Target Exclusive, Vinyl) at Target. Choose from contactless Same Day Delivery, Drive Up and more.
Of coooooourse they use the same photo as the variant I ordered
Forgive my ignorance, but which artist is this?
King Krule I think
blenoxsmith
Well-Known Member
Yup, it is. And the album is "6 Feet Beneath The Moon" which is going to be a TTL exclusive. But we don't know when they will drop it. Could be today, which is not uncommon for them.
Dead C
Well-Known Member
If someone remembers to tag me on this, I would be grateful
eatdogs
Well-Known Member
Cattledecap - Human Jerky
Getting released on December 4th.
eatdogs
Well-Known Member
Swing Kids - Anthology LP
Justin Pierson's old Screamo band before he started The Locust. He was also famous for starting the old Emo Spoke/Romulan haircut which became an old scene staple.
RIYL: Saetia, Antioch Arrow, Heroin, A**factor 4, I Hate Myself, Jerome's Dream, Orchid etc.
Homecoming: The Live Album
A four-disc vinyl set of Beyoncé’s historic headlining Coachella performance on two weekends in April 2018. Beyoncé was the first African American woman to headline the festival and her performances received immediate widespread acclaim from fans and critics alike for the staging and celebration...
shop.beyonce.com
4LPs and a book..
beychella
53 bucks minus shipping
ThePakoBuelna
Well-Known Member
Homecoming: The Live Album
A four-disc vinyl set of Beyoncé’s historic headlining Coachella performance on two weekends in April 2018. Beyoncé was the first African American woman to headline the festival and her performances received immediate widespread acclaim from fans and critics alike for the staging and celebration...
4LPs and a book..
beychella
53 bucks minus shipping
Say hwat?
I hope that's in MXN Pesos
howmuchartcanyoutake
Active Member
Yeah holy shit, looks like it's a bug though. Here's what is showing in my browser:
tbh i think it actually is just the conversion from mexican peso
because mexican peso conversion is EXACTLY 1,119 peso