^^^^^^^^^^^^^^^^^^^^^^
So it really comes down to the 'buyer' and his 'needs' or 'wants' have changed and any company that wants to stay in business will have to adapt?
james
I believe that individual disposable incomes have been severely eroded over the last few years. Individual’s “need” to keep a roof over their heads and put food on the table even though they may “want“ an awesome audio system or new plasma TV.
I remember when I was notified by my satellite provider about an impending rate increase with no increase in service, I just cancelled my service. Why did they want to increase their rates - because they can. It is also much easier to leave a $7000.00 CD player on the store shelf if an individual believes it to be overpriced and of low quality.
We let these corporations do this to us. How many individuals here on audio circle pick-up the phone or write a corporation or their MP / MMP and express their opinions? You may say that you are only one person and it will not make any difference - when enough snowflakes get together, they call it an avalanche.
Could it also be that many of these audio dealers have alienated their clients with their demigoded, starched-suit snobbery? I know that one store in particular where I experienced this behaviour is now closed and I must say “good riddance.”
As for adapting, could Bryston still supply the same quality in their audio products if a reduction in product price occurs on the sales floor? Would they still be able to manufacture products in Peterborough? All of a sudden, the 20 cent capacitor would be replacing the $3.00 capacitor. Would a twenty year warranty still be offered on their audio equipment - I highly doubt it.
The issues from the previous recession were never addressed, only money - our money, was thrown at the problem and a very short lived “stay” occurred. Add to this, higher taxes and it will not be long until a very fragile economy collapses
Be well…