Howdy peeps, got a weird question here.
I really want to open up a cd store and I'm wondering how the hell to do it, from step one to finished product.
I need answers for: How do I get stock in?
How much should I need for capital?
Who do I talk to get labels sending me stock?
What sort of CD store would YOU like to have
near you?
What kind of decor suits you?
Should I try to stock more elceltic stuff or
stock more mainstream?
How hard is it to do this?
Would a boutique be prefered over a flashy
place?
How hard is to get Kiwi Music in stock?
What sort of styles other than mainstream
would you like?
And finally: Any advice/tips?
I really would like to have a large amount of kiwi made music in my store, and some of the lesser known music that really deserves a listen to be stocked. I also want it to be a place where you can come in, relax, have a coffee whilst listening to a CD you like or want to buy.
Thanks peoples! Any opinion is very welcome!
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I'm just going to throw in my 2c. If ...
I'm just going to throw in my 2c. If The Warehouse can buy Harry Potter cheaper than Whitcoulls because of the sheer volume they buy (which I think is what happens), then I'd imagine the same is true for music. So I'd suggest definitely focus on on the different stuff.
I also understand that most small businesses fail not because the business model is not profitable, but because they underestimate how long it will take them to become profitable, so they run out of working capital. So take some specialist business advice, and make sure you have more capital than you think you need (!)
Don't mark up prices too ...
Don't mark up prices too much.
Seriously if I find a place that sells CDs for a reasonable price, it's VERY likely I'll always go there for my CDs, and that I'll probably buy a lot of them each time.
Also...employ me.
:D