Daddy’s Junky Music Folds Due to Online Competition

Breaking News – Daddy’s Junky Music Closes.  Hard to believe one of the largest and most influential music stores in New England has folded under the pressures of how the music industry now does business.  Traditional brick & mortar music stores have been struggling to keep up with the pace of online marketing and sales developments.  Online dealers reach more customers with less overhead so they can compete with lower margins.  I think the best way for a traditional store to survive is to focus on education, i.e. lessons and training, to find and keep its customers.  Unfortunately more of today’s musicians are probably hanging out online  than at the music stores they once populated.  Why leave home when the world is your oyster on your computer?

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5 Comments

Filed under Guitars, Media, music, Music Industry, rock 'n roll, Uncategorized

5 responses to “Daddy’s Junky Music Folds Due to Online Competition

  1. Blake

    The thing about being present in a music store is you can physically try instruments and it’s better to experience actually being there…but the internet is definitely responsible for the decline in a few retail sectors. Where I live that includes sports outlets and general gift shops.

  2. Mike

    Oddly enough we have to discuss tax on internet sales, it would potentially send customers back to stores.

  3. I think there is a place for both online and physical music dealers. While sales taxes may be an issue, so is freight. Music stores must be knowledgeable about “landed” costs and not just focus on unit prices. Suppliers can help out by working with dealers by offering freight and discount incentives for showing products in their stores. Brick and mortar operations must create more interactive environment for the customer: lessons, contests, clinics, promotions, etc. to keep in-store traffic up. Is your music store the place to hang out for musicians? Judging from some comments, apparently recently Daddy’s wasn’t.

  4. William G Scotti

    Daddy’s

    Was warned well in advance of this. I myself was in contact with the RGM and upper management relative to making the stores more service oriented offering rentals for band instruments, connecting with the local school music directors by utilizing in house management to interface with the needs of the local schools, colleges and universities. Such as Exeter Phillips Academy and The Governors Academy. All I received in response from their RGM Matt Cole or Robert Baker was a lot of blank air. Unfortunately the Daddy’s story will be written by the Victors and not the Vanquished. They did have a
    chance, Candi Bramante Bettencourt was also informed, but not recognizing our passion to save and prosper with this icon, they chose the later. I wish
    this scenario was describing Guitar Center and not a local Mom & Pop who
    expanded to the success level that Daddy’s did.
    However the people with the Guitar Center Group of Companies do a great job at bouncing the same people around from position to position, awarding titles over monetary compensation. They have the same re-treads working within their ranks as many other stale and outdated business models.
    I guess that is their system of change to fool upper management and The Bain Capital Group, but you would think that their CEO Gregg Trojan would be a bit more prophylactic.

    Bill Scotti

  5. Sam

    The interesting thing here is that there is an assumption about online having less overhead. How many staff members do you think Sweetwater employs? How much warehouse space do they have? How much inventory? I would hardly say that expenses are lower.

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