|
|
Article: Largest music products retailers.(THE TOP 200)(Company overview)
- Article from:
- Music Trades
- Article date:
- August 1, 2007
CopyrightCOPYRIGHT 2007 Music Trades Corp. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
HOT PRODUCTS
The Top 200 ranked printed music, school music products, and sound reinforcement as the top three performing product categories in 2006.
THE INDUSTRY LEADER BY A WIDE MARGIN
With 295 stores, the industry's biggest mail order operation, and sales of $2.0 billion, Guitar Center is nearly five times the size of its nearest competitor. Over the past ten years the company's market share has grown from 6.1% to 26.6%.
AN ALTERNATIVE DISTRIBUTION CHANNEL
50% of the Top 200 retailers reported regularly using eBay to sell merchandise. The website is most often used to dispose of slow-moving or out-of-date inventory.