Since 2001, we've posted 20,585 different business opportunities and ideas, so you're sure to find something here to inspire you!

StepNpull: Open Doors Hands Free

StepNpull: Open Doors Hands Free

Read more...

Vote For Your Favorite .biz Domain – Hint! Hint!

Vote For Your Favorite .biz Domain – Hint! Hint!

Read more...

Q&A With Christmas Caroloke Creator

Q&A With Christmas Caroloke Creator

Read more...

   

New Spin On Vinyl: Bundled MP3s


Fortune Small Business:

Like many music retailers, Nathaniel Bernier was getting squeezed. His store, Wild Rufus Records, in the seaside town of Camden, Maine, was selling fewer CDs.

It was suffering as a result of the music industry’s broader woes – CD sales nationwide were down a steep 17.5% last year. To make matters worse, the local Wal-Mart was beefing up its music section and drawing customers away.

So Bernier came up with a solution that married convenience with cool. He decided to focus on selling old-school technology – vinyl records – bundled with pass codes that allow customers to download MP3 versions of the same songs when they get home.

For audiophiles, it’s the best of both worlds: the rich, analog sound of vinyl for home listening and a digital version they can take anywhere.

The hybrids delighted the store’s iPod-toting customers, who associate vinyl with popular DJs – and can’t find it at Wal-Mart.

In 2008 more than 40% of Bernier’s sales came from vinyl and hybrid packages. His vinyl sales alone were up 100% over 2006.

Photo by Self_za.

   

Related Businesses in the Directory

Related Posts

Related Resources

Today's Posts