Showing posts with label music business. Show all posts
Showing posts with label music business. Show all posts

Wednesday, February 4, 2009

Save money on DJ Equipment

DJ equipment is first purchased by wholesalers in bulk quantities from the manufacturers themselves. This equipment includes decks, CD players, VCD players, DVD players, MP3 players, sound mixers, equalizers, speakers, headphones, etc. Wholesalers buy the equipments from the manufacturers at wholesale rates. Wholesale rates are a little above the manufacturing costs; the additional amount paid by the wholesalers constitutes the profit of the manufacturer.

Wholesalers generally sell the equipment to distributors and retailers at higher prices. They in turn sell equipments to the customers. Thus, the wholesalers are an important intermediary link in the entire distribution process. The prices at which wholesalers purchase their equipment are much lower than their MRPs when they are available in the markets. Hence, buying DJ equipment from the wholesaler always brings a tidy reduction to the buyer.

But it is not easy to contact wholesalers. Wholesalers do not advertise themselves as they are bound to sell equipment to the retailers. Even if a buyer approaches a wholesaler, there are chances that they will be refused. However, wholesalers may sell a few pieces of equipment by charging a little more than what the retailer would offer. Yet, that would be less than the MRP. Hence, buyers of DJ equipment still save a tidy sum if they buy from the wholesalers at higher than the retail price.

Wholesalers stock their equipment in storehouses until they are sold. Most of the equipment is not yet in the final packaging; this may be a drawback for people buying DJ equipment. Also wholesale equipment would not have dealer’s stamps on their warranties. Wholesalers would also not handle transportation of the equipment.

Wholesalers shirk selling individual pieces of equipment. The correct way to approach a wholesaler is as a professional rather than an amateur. It pays to ask for the equipment with their correct specifications and brand names. It is also advisable to purchase equipment in bulk rather than singly. Sometimes a few DJs combine and purchase a bulk lot from the wholesalers at lower prices; which proves beneficial to all involved.

The Music Business

The music business is one of the first of many industries that will be fundamentally be changed by the Internet, especially with the advent of Web 2.0 open source and SOA. In my books, any industry that is dependent on take down orders, clumsy security protocols, lawyers and government lobbying for survival is a SELL. The music business is waiting for that new guy to come along to present the new business model. My advice is to take the bull by the horns and build your own empire, piece by piece. The music business is a multibillion-dollar industry, with the sales of musical products accounting for a large portion of the total. This degree gives the student a traditional musical background, the understanding of various instruments through specific classes, courses in the business of music, and studies in areas such as economics, accounting and small business management.

The music business is a cut throat industry and if your music isn't cutting it another producer is willing to take your spot, trust me I have seen it all. The music business is a very diverse industry. Great acts just don't appear out of thin air. The music business is a multi-billion dollar industry that touches people in every corner of the world. It all starts with the songwriters and composers, without whom there would be no music.

The music business is built around albums--publishing contracts (that means for songwriting) are for ten-song albums, you get paid less if you put out shorter EPs or singles or something. I put out the Panderers' Hotshot's Boy this year, as a five-song digital EP (iTunes and etc)--I put out the five tracks I liked the best, and figured that this was the direction our musical age was headed, and also that, ironically, one is more likely to listen, in one sitting (or commute to work), to a 20 minute, five song batch than a 60 minute, 14 song batch.