Market reports & researches
LOG IN | Services | Contact | Custom Research



Main Consumer Goods & Retail Retailing Musical Instrument Stores - Industry Profile
Publications

(Currently 512486 Items)


Partners


Retailing / REPORT INFORMATION

Musical Instrument Stores - Industry Profile

DateApr, 2007
Pages10
Price / format€138 / Electronic

€138 

Report Information | Custom-Tailored Research | Product Trade Lead


Abstract:
 Covering over 175 industries and updated every 90 days, the First Research Industry Profiles do the "heavy lifting" for you – saving your sales team valuable research time, enhancing client communications and giving you the competitive edge to win more business.

Easy-to-use and up-to-date, the Industry Profiles provide you with the industry research necessary to stay on top of constant changes in select industries.

The First Research profiles help target your products and services directly to prospects. The Industry Profiles provide the information and understanding you need to engage new prospects during the sales process, deepen customer relationships and strengthen your own bottom line.





Brief Excerpt from Industry Overview Chapter:

The musical instrument store industry includes about 4,500 stores (known in the industry as “dealers”) with combined annual revenue of $5 billion. Major companies include Guitar Center, Sam Ash Music, and online dealers American Musical Supply and Sweetwater Sound. The industry is fragmented: the 50 largest companies hold 45 percent of the market.

COMPETITIVE LANDSCAPE

Consumer income and changes in musical tastes drive demand for musical instruments. The profitability of individual companies depends on effective merchandising. Small companies can compete effectively by specializing in personalized service or high-end instruments. Average annual revenue per employee is $150,000.

PRODUCTS, OPERATIONS & TECHNOLOGY

Major products include guitars, pianos, sound equipment, parts and accessories, and school music products. Guitar sales account for about 25 percent of sales, traditional pianos for 20 percent, audio equipment for 15 percent, and electronic keyboards 10 percent. Other products include repairs, equipment leasing, and sheet music.

Musical instrument stores include full-line stores and specialty stores such as keyboard, school band music, and pro audio stores. Full-line stores offer a complete range of musical instruments and accessories. Keyboard stores specialize in traditional upright, grand, self-playing, and electronic pianos. School music stores sell band instruments to universities, high schools, and amateur players. Pro audio stores specialize in selling sound system equipment.

Full-line musical stores include national chains and independent dealers, as well as big-box retailers with ...






Table of contents:
 Industry Overview
Quarterly Industry Update
Business Challenges
Trends AND Opportunities
Call Preparation Questions
Financial Information
Website and Media Links
Glossary of Acronyms




Order this report

  Company name:
  Contact person:
  Phone/fax:
  Email:
  Comments:
   


Product Trade Lead
0 leads found


Add New Buy/Sell Lead

© 2007-2010 MarketReportFinder.com