Vinyl Me Please (store, exclusives, swaps, etc)

[MikeH]

Likely because that script was written by some sort of automated algorith-AROUND YOUR MARROW

It really does read like those AI generated scripts for an episode of Seinfeld or something.

I don't know about you all, but one of my favorite things about a cup of coffee is the commotion of the room. The rustle of the beans and the sigh of the steam are alright too I guess... but i LOVE some good commotion.

 

[D Jilla]

Good thing they're really tightening their belts and making sure every dollar counts:

Lloyd Starr on LinkedIn: You savor the coffee. Not just the sight, warmth, aroma and taste. But the…

You savor the coffee. Not just the sight, warmth, aroma and taste. But the commotion of the room. The rustle of the beans. The sigh of the steam. The drip…

www.linkedin.com

It’s funny how just reading this makes everything about VMP now make sense to me. I have no further questions

 

[Joe Mac]

Likely because that script was written by some sort of automated algorith-AROUND YOUR MARROW

Ah yes the v algorithm, it’s pretty ubiquitous!

 

[bother]

It's a shame VMP is a mess but I do love this tasty drama.

 

[Souljacker]

I was indecisive of renewing my 3-month-term anyway, charging 50$ per record for internationals made the decision to cancel very easy.

Honestly, it saddens me a bit - I had some issues with them, but mostly those were fixed timely and free shipping in addition to mostly tax-free-imports always came in handy.

But because of you guys and the respective threads there are plenty of great records to discover elsewhere. Wax Buyers Club looks interesting for sure, maybe I'll give it a shot.

So, for the third and presumably final time

 

[Btsvinylfarm]

I still smell a fish, unless they’re making some shocking mistakes or are criminally overpaying for licensing I just don’t see how costs are spiralling this quickly. I mean they’re charging MOFI 2LP money for what are essentially bog standard quality colour presses. It’s not exactly like they’re short of buyers, any vinyl store would give its right arm for 30,000 captive customers every month and they don’t even have the overhead of a physical shop!

Yeah, the idea that the price increase is simply to "maintain the increased quality" line that Pauly has been claiming (no offense to him, he's just repeating the company lines) make no sense. VMP's product doesn't compete with AP or MoFi, yet they're now pricing as if they do. They don't have a revenue problem, they have a cost/cash flow problem

 

[Colonel4Bin]

I legitimately think this is the price of ending a business deal with Vinceron. It would explain this move & their refusal to address the situation, even though directly asked about it today on reddit.

I had this thought earlier. It would make the sudden change make A LOT more sense.

 

[BattleFlag]

Do we have any word yet on what the international discounts are? Are these showing on anyone's accounts? Curious if the one year is about the same it was before.

Here's what my e-mail shows:

 

[dmoney]

Reading the way that Paulium guy on reddit responds to people shows what they think of their members.

 

[SpinningSince85]

There is a poll posted on reddit on if people will leave or not, so far 670 people have said yes. If those 670 people cancel, and lets say they only subbed to one track, were US based, and didn't buy anything else...thats $28k per month revenue they have lost

Yeah as it stands they're sitting at a 10% customer retention rate if the poll responses were realistic.

 

[imajindat]

Imagining the customer experience of the £40 pick of the month not being too hot and then being offered the perk of choosing swaptions that were available for £20 via add-ons up until now. Did they really spend any time thinking of this rollout lol.

Wait u mean u wouldnt pay £40 to swap for Tennis?

 

[chrb98]

It's times like these that make me really, really not miss being a reddit moderator lol. Though in the midst of a personal social media semi-hiatus, it is comforting to know that some things never change, like VMP willingly imploding every two months

 

[Joe Mac]

Yeah, the idea that the price increase is simply to "maintain the increased quality" line that Pauly has been claiming (no offense to him, he's just repeating the company lines) make no sense. VMP's product doesn't compete with AP or MoFi, yet they're now pricing as if they do. They don't have a revenue problem, they have a cost/cash flow problem

Which makes no sense given the buying power their subscriber base gives them and their lack of equivalent overheads when compared with companies that have to keep up stores and sales forces. They really have no logistical or business nous at all!

 

[Tyr]

Their responses on twitter have also been very telling.

“oh don’t worry there is a bridge discount if your membership is up in September!”

“I’ve been a member for 6 years. What if my membership is up next June?”

“Shrug. Good luck! Lolz :/“

 

[Santi1392]

Honestly, I’m more than happy to take my usual money and spending it elsewhere.

I’ve been meaning to buy directly from artists more often, and this is the push I needed. Either that, or local record stores.

 

[agutierrezb]

Yeah, so I'm out like everyone else. You know what a good strategy to deal with the income vs costs difference would be? Ship all 3 records I purchased this month together, instead of each in an individual package. That, or you could increase your prices by 50%. That would work too.

 

[NathanRicaud]

One time lower priced renewals. Not as low as they used to be but close enough.

Ahhh yep! Gotcha! Those bridge offers are definitely going to be needed to bring back a lot of customers!

 

[djdavedk]

Wondering if there are any other companies out there that are 47% off in the valuation of the products they sell

Monster brand anything

 

[BattleFlag]

Yeah, so I'm out like everyone else. You know what a good strategy to deal with the income vs costs difference would be? Ship all 3 records I purchased this month together, instead of each in an individual package. That, or you could increase your prices by 50%. That would work too.

This 1000%.

 

[dhodo]

I dunno, Grateful Dead Merchandising is really good at getting their money. No way VMP didn't pay an arm and a leg for those rights

If it cost them $40 an album to manufacture the set, then they are idiots for pressing any, much less 7500. No way it costs MoFi or AP or MM even near that per album.