Audio Recession

My company builds high end toys for the rich, and we too have been affected. The sales are down but not gone. I feel that the consumer is in a position of strength, and we as sellers need to work harder to keep every deal alive. There is a difference between a few thousand for a component and a few hundred thousand for one of our products, but I think that the comparison is still valid. Myself, I have a new baby on the way and am now on one income ... but I think that the right deal would send me into my pocket. Times will get better, thay always do, but not until the market has purged itself of the weakest links in the money chain.

Its here...

I agree that it is here.My sales are down 50% easily since
sept.11,and I only sell USED!!
Needless to say,my margins are way down just to move the stuff. It is indeed a great time to buy if one is in the market.

I don't see any signs of an audio recession whatsoever and sales have been very strong all year with the exception of September......We have sold fewer 10-20K preamps than expected, but think that is on account of the stock market the previous year more than 9-11.....I do keep a grocery basket in the garage just in case things get tough and have picked out a viaduct to camp under, but my retirement business is just doing great.....

Bob Crump
TG Audio/CTC Builders/DDR Mfg

good for you, bob! i've heard similar reports from others in the community who've survived prior "downturns." it was kinda fun while all those dot-com millionaires were around, but it seems they weren't really as much of a force as they've been popularly portrayed to have been. -cfb