Thursday, 22 January 2009

Music shops beat credit crunch

The musical instrument business is still going strong considering that people are unlikely to splash out for pricey luxuries in the current financial climate.

The music shops in the Winton area have not seen the marked drop in sales that most people would have considered inevitable due to the credit crunch.

Alan Kay, owner of Dave Allen Music in Winton even went as far as to say that his sales for October this year were actually up on last year.

He said, “there is little evidence of people not spending and business is reasonable”.

He added that he had sold two pianos, worth hundreds of pounds each, in the last week so people are clearly still digging deep for expensive items.

Mr. Kay believes that his steady business is due to the fact that his business covers a large geographical area, delivering to most of Dorset.

He also said that Christmas isn't a vital time for him and he isn't worried that sales will fall around the festive season.

Sean Metcalfe, owner of Strummin' Monkeys, a guitar shop on Wimborne Road, said that he has seen a decline in people buying accessories for their instruments like strings, straps and plectrums.

He hasn't seen a drop in instrument sales, though, and says that's simply because, “People don't buy instruments too frequently anyway so there isn't much change.”
Mr. Metcalfe did make it clear though that his business was “only just surviving” the credit crunch.

In recent years, he has noticed a huge drop in repair work with numbers going from six jobs in a week to one repair job every six weeks.

He, too, doesn't think that the Christmas period will be a hard time as he thinks that, “People spend at Christmas regardless of the Financial climate.”

He said that business is erratic in specialist shops anyway so the financial crisis isn't having a huge effect.


Alan Kay, owner of Dave Allen Music: still

very much in business.

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