The whole hifi industry needs a shake-up, otherwise most dealers manufacturers will be gone sooner than later. It's survival of the fittest, only the fittest isn't the best sounding or best built. It's survival of the best business model. There's plenty lacking in the hifi industry. No offense to James and Co., but manufacturers aren't doing much at all to help the dealers who are truly the ones who keep them in business...
Why is Bose 'The Best?' Very simple - no one tells the masses that they're better. When have you seen/heard a commercial for any hifi company? I hear Bose ads all the time on the radio. I see informercials. I see print ads everywhere. I've seen a few billboards. I haven't seen nor heard any hifi ads - stereo mags don't count, as that's just preaching to the choir. And those ads suck and wouldn't work anywhere else.
While I'm on advertising, why can't the manufacturers help the dealers with this? Why can't they do what I see Rolex doing - The shoot their own commercial, splice in a few shots of a local dealer, and at the end say "Available at these fine retailers..." If the manufacturers and dealers split the cost, everyone wins IMO.
Along with advertising, there's no brand recognition. How many people can afford a Rolex? A Bentley? Yet they'rehousehold names. How? Advertising and product placement. Everyone knowing their names can only increase value and desirability. The people who can afford it are far more apt to buy it on name recognition alone.
What about celebrity endorsements? There's a ton of musicians out there that would do wonders for a hifi company. Tiger Woods sold a ton of Tag Heuers to people who could barely afford them. He sold even more to people who could afford better. Katy Parry or Metallica standing next to a stack of hifi components in Rolling Stone or Men's Health would get a lot of interest.
The ones who really need to dump money into advertising are the entry level manufacturers IMO. NAD, Cambridge, etc. would probably gain the most. The NAD 315BEE and PSB Image bookshelves are easily within reach of most high school and college age kids. If you don't think so, how is it they have a way of getting iPhones, Air Jordans, designer hadnbags, and so on? I work at a college and see a lot of this stuff. I've seen a lot of expensive watches, cars, and so on. The only reason why they have crap audio gear is because they don't know what's out there beyond what's in Best Buy. Some of the students I take care of are music majors who clearly know good sound. And they think Bose is the best. I've sent a couple to a local hifi shop, and they were amazed by what they heard. They bought and/or plan to buy some great entry level gear. One guy bought a Rega integrated and bookshelves.
Bryston has a leg up on most manufacturers due to their studio sales and reputation. Their quality isn't cheap to make. I'm not suggesting that they make an entry level line in China to rope in a new generation. But I am suggesting that they look at helping out their dealers with advertising locally and nationally. I don't know Bryston's assets nor their production capacity to be able to say this can be/must be done. Maybe they've hit that sweet spot where production and income are at a perfect balance.