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Published byRalf Short Modified over 9 years ago
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FIVE PRODUCT TRENDS FOR 2014 SHEET MUSIC & ACCESSORIES COMBO & SOUND REINFORCEMENT KEYBOARD PERCUSSION BAND & ORCHESTRA
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Music & Accessories profitability improving each year! Electronic accessory products, especially tuners and metronomes, prices continue to decrease.
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Combo & Sound Reinforcement Fretted - Electric guitars continue to be challenging at best - key word is customize Acoustic guitars continue to get smaller in size but profits are growing!
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Sound Reinforcement (SR) sales have remained strong but profits not as impressive Use of iPad, iPhone, etc. in conjunction with many SR products
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Percussion- Electronic kits excelled this Holiday Season. Entry-level acoustic drum kits have done well but upper-line acoustic drum set sales have been very difficult to come by for most dealers. Some specialty shops are still doing well with the upper-line kits. Custom is again the key & Mapex MyDentity opens that door.
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Keyboard- Acoustic Pianos continue to be very slow, but Portable Keyboards have held their own. Digital Pianos have also remained successful and profitable for the most part.
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Band & Orchestral - the place to be for PROFIT! A more demanding area of the business from the standpoint of customer service but one that has remained rewarding to those that have been up to the task.
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Keep your eyes wide open to recognize trends and act on those trends EARLY! Be a trend setter in your community! Monitor inventory levels based on the current popularity of each trend, and make adjustments as needed.
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Mike Guillot- Purchasing Director Mississippi Music Inc. 1001 Sara Lane, Flowood, MS. 39232 E-mail= purchasing@missmusic.compurchasing@missmusic.com Cell Phone#= 601-906-8046
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Thanks for attending and best wishes for a successful 2014! Special thanks to NAMM for the opportunity to share with you! Mike Guillot
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