Vinyl prices has reached its breaking point IMO

FR181798

mickeyrat said:

figure location plays as much a role as everything else, taxes, import fees etc...

also the seller plays their role too. are these independent shops or corporate type chains?

I guess all these Earthling LPs may be US pressed and imported to UK and EU which is why the cost is higher than usual. Both independent and Corp chains selling for anything between £35 - £40. This suggests if they aren't imports that the cost may be inflated by the label or distributer before it reaches shops.

If you look at a record like the Siamese Dream reissue that was pressed again recently, if you can get one, even in the US it's almost being sold at a Secondary market type price, probably because demand is extremely high.

mickeyrat

FR181798 said:

mickeyrat said:

figure location plays as much a role as everything else, taxes, import fees etc...

also the seller plays their role too. are these independent shops or corporate type chains?

I guess all these Earthling LPs may be US pressed and imported to UK and EU which is why the cost is higher than usual. Both independent and Corp chains selling for anything between £35 - £40. This suggests if they aren't imports that the cost may be inflated by the label or distributer before it reaches shops.

If you look at a record like the Siamese Dream reissue that was pressed again recently, if you can get one, even in the US it's almost being sold at a Secondary market type price, probably because demand is extremely high.

EV is $39.99 here at amazon and at target.  on republic records which is a umg company.

so my guess is its label, artist, distributor and retail(much smaller mark up?)

could be an example of this one song I heard, Green Disease?

FR181798

mickeyrat said:

FR181798 said:

mickeyrat said:

figure location plays as much a role as everything else, taxes, import fees etc...

also the seller plays their role too. are these independent shops or corporate type chains?

I guess all these Earthling LPs may be US pressed and imported to UK and EU which is why the cost is higher than usual. Both independent and Corp chains selling for anything between £35 - £40. This suggests if they aren't imports that the cost may be inflated by the label or distributer before it reaches shops.

If you look at a record like the Siamese Dream reissue that was pressed again recently, if you can get one, even in the US it's almost being sold at a Secondary market type price, probably because demand is extremely high.

EV is $39.99 here at amazon and at target.  on republic records which is a umg company.

so my guess is its label, artist, distributor and retail(much smaller mark up?)

could be an example of this one song I heard, Green Disease?

I guess it's a case of just accepting that's the price or just not buy it. Wait long enough and Earthling may come down a bit but unless the label/ distributer starts offering it at a lower price to shops it won't be by a lot. I've not seen records disappear from shelves as quickly these days so maybe in time. Maybe I'm not being realistic but surely Earthling should have been a £25 ($30) record max.

Cropduster-80

Who eats the cost of a return? Is it at the retail end or are they reimbursed by the distributor, the pressing plant, the label? 

I would suspect returns on vinyl are a huge loss for someone.  I think I have returned 1 record in my life but reading reviews online etc it seems people routinely do it for any number of issues… a dinged corner, they don’t know how to clean it, or whatever 

I would suspect CD returns are non existent in comparison 

I tend to be ok with bigger margins for that reason.
I also tend to think popular music attracts the kind of mass market buyer more likely to return it since most of the issues are user error and those are the casual vinyl listeners

The higher the price goes, the more perfect the buyer expects it to be. It’s probably not a good cycle

Tim Simmons

retail eats it. In fact, they can't even return the records. 

Unless you're Amazon. They have a return policy and it includes records. And Amazon is big enough so they go to the labels and say 'fuck you, take these back'. And the labels, who sell a shit ton through Amazon, say OK. So they then have to build in Amazon return costs into pricing of new records know x% will be returned to them (which I assume they give away or destroy). 

So its a it that, a bit gouging and a bit of increased production costs. It sucks but thats where we are.

Tim Simmons

*unless theres a band or label who wants to make things right when theres production issues (like Lightning Bolt). Then returns happen.

brianlux

Because we don't have a store nearby that sells new LPs. whenever possible, I purchase new LPs by favorite bands either from the band's store (i.e Neil Young's "The Greedy Hand") or the label that puts out their work (i.e Juliana Hatfield via "American Laundromat Records" or Dead Moon via Mississippi Records, etc.).  My experience that way is that returns are not necessary (with only one exception and the label simply sent me another copy).

FR181798

Slightly off topic but everything I've received from 10c US over the past few years has been perfect. The mailers they use seem to be amongst the sturdiest I've seen.

Tim Simmons

They have very good mailers. I order a ton of records and I know my mailers. I should do a mailer ranking. 

Cropduster-80

Tim Simmons said:

They have very good mailers. I order a ton of records and I know my mailers. I should do a mailer ranking. 

Acoustic sounds. Best mailers I’ve ever seen 

Tim Simmons

Agreed. No one better

brianlux

Tim Simmons said:

Agreed. No one better

Also agreed.  They're fantastic!

Johnny Abruzzo

Vinyl prices spinning out of control...

FR181798

Just browsing Amazon UK today, seeing if any deals although I'm not meant to be buying vinyl. Despite crazy prices on some new releases I did stumble across a number of really good and fairly recent releases for around £15 and under that are maybe 6 months old. It makes you think that it's that FOMO and demand that's driving prices up a bit as well. If we left all this stuff sitting on the shelves then it's going to drop in price. I'm part of the problem here because I always try to get within the first few months so I don't end up with a copy that's moved around a warehouse lots, not really sure if that happens or not but it does in my head. 

Zod

I think the other issue is the lag time on pressing vinyl. It's almost a year.  So if you don't buy something before it goes OOP, who knows how long you might have to wait until someone bothers to press it again.

brianlux

Zod said:

I think the other issue is the lag time on pressing vinyl. It's almost a year.  So if you don't buy something before it goes OOP, who knows how long you might have to wait until someone bothers to press it again.

Good point!  And I hate to say  it (because I have based some purchases on this) but it is also a good selling strategy.  I'm not meaning to imply that this is an intentional selling strategy- more than anything, it's a consequence of current situations- but it does prompt a good number of pre-order.  Exactly how I ended up with Toast (but SO GLAD I did).

PJammer4life

Target had a bunch of 50% off last week and I picked up 8 exclusive colored LPs. I’m a sucker for colored vinyl.

HesCalledDyer

FR181798 said:

You can chose 20 records to keep and have to get rid of the rest and get no money for them. How do you pick that 20?
Favourite records.
Most valuable.
Most limited.
Sentimental.

Most valuable. Because if I only get to keep 20, I'm gonna sell those. No sense giving up the rest of my collection just to keep 20. I'll just dump the whole lot and take whatever cash I can salvage.

Sad part is with only 20, I'd still have to give up quite a few 3-digit items.

Zod

who is going to make me choose 20 records only?  It's taken me over 25 years to build my collection.  If someone gave me that ultimatum, I wouldn't say a word.  I'd just walk away.

That being said, it's dawned on me if I live long, I'm probably going to have to go to an old folks home.  There won't be room for the vinyl.   I don't look forward to that day.  The rough part is whoever had to sell the rest, we're all going to be old at that point.   The kids of the 2060's probably aren't going to be interest in a very heavily overweighted in 90s rock collection :(

lexicondevil

Went to a local record store today and was a tiny bit blown away by the prices of new records. I only bought something because I had a gift certificate. The used prices were still fairly low.

It's also baffling to me that some records released a year or less ago are "worth" more than amazing records released many decades ago. Mostly referring to punk releases. Oh well. Buying a lot less vinyl these days and just buying downloads. If someone would have told me even 15 years ago that I would be paying $30+ for a new record, I would have farted in their face. I know about inflation and all that, but damn. Just another old dude rant. It is what it is.