Best Buy to return to selling vinyl

Get your currently in vogue antiquated material at your local Best Buy! That's right, with vinyl sales on the upswing as CD sales continued to plummet, the former major music/electronic superstores are returning to vinyl for the first time since the early-to-mid 90s.

 

The move is an experiment in a few select Best Buys, but even then it's a controversial move. Despite the increase in sales, vinyl still makes up only 0.2% of music sales, and devoting signficant store space to a miniscule market, particularly one where the target audience mainly uses independent stores and eBay, is a huge risk.

 

Then again, the increased access to vinyl may mean an even larger boom in the market. But when Best Buy cites its reason as the increase in sales in one city, the particularly trendy Minneapolis, it doesn't exactly inspire confidence. It's also less susceptable to piracy, which is fair, if you assume no one who owns a record player also owns a computer that can download BitTorrent.

 

[Tiny Mix Tapes]

Posted in: INDUSTRY NEWS , VINYL
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11 Responses

July 8, 2008 at 12:39 p.m.

I don't think this will last long. I don't think vinyl buyers will purchase records at a chain like Best Buy.

July 8, 2008 at 1:05 p.m.

I know you're being sarcastic, but Minneapolis actually is pretty much on the ball when it comes to trends. Especially when music is concerned.

July 8, 2008 at 1:08 p.m.

That wasn't sarcastic at all. You're talking to Hüsker Dü's biggest fan.

July 8, 2008 at 2:01 p.m.

I love vinyl, but I would never buy anything from Best Buy ever. They are the worst store I've ever been to in my life, period.

July 8, 2008 at 3:01 p.m.

awesome!!! maybe they'll open cafes too! ooh, and serve brunch! then i can hang out there all day after shopping at urban outfitters.

July 8, 2008 at 3:19 p.m.

Im gonna buy all kinds of shît I don't need from best buy right now!

July 8, 2008 at 3:47 p.m.

What style of music is exactly being sold on vinyl? I am under the impression vinyl still being pressed is relegated to punk and styles of dance -- niche categories. Maybe if there is enough demand in a local region to support niche styles, it might work. But I personally think vinyl's profit ratio for the amount of space it takes up is too great to make it a mass-merchandise product.

July 8, 2008 at 4:44 p.m.

Wow. this is scary. Especially considering only a few short years ago Best Buy was all about running mom and pop shops out of the race...now they're going to sell vinyl? That won't last very long, as vinyl's not really much of a loss leader. Anyone who loves vinyl will continue to buy from indies like Amoeba, Insound, Ebay, etc...

July 8, 2008 at 6:12 p.m.

There is something inherently vintage and loyal about purchasing wax at the neighborhood record store that I think many hip kids, nowadays, are not going to give up that easily.

Unfortunately, I also think that this is definitely going to put more of a squeeze on local stores to accommodate their customers because if not, I have one word: Wal-Mart.

(Is Wal-Mart one word?)

December 5, 2008 at 3:14 p.m.

Why would anybody go to best buy when they could by all the vintage vinyl they need at the huge stores like Bananas Music in Florida. Best buy is not a music store, it happens to sell music but with clerks with no knowledge.

December 21, 2008 at 11:43 p.m.

Calm down. So what if Best Buy is selling vinyl. Thats just one more place I can go to buy it. I see it as a good thing. Stop trying to be so radical, live and let live.

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