Does Guitar Center Repair Guitars
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What Happens To The Guitars If Guitar Center Goes Under?
- Thread starter Cody123
- Start date
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- bankruptcy guitar center
- #81
People said the aforementioned matter about Operation Bike. Huge nationwide brick and mortar chain. Idea they were prophylactic from the internet because who would buy a bicycle without riding it first?Guess what...
Performance Bike's failure was due to more than people buying bikes online. The bike industry every bit a whole, like the music industry, is in the tank and lots of local indie shops accept had to close as well. Thankfully, a few friends have local bicycle shops and they're all surviving more on service than on sales because the people who buy bikes online usually have no clue how to assemble and/or maintain them.
- #82
Jesus. Guitar Heart should simply hire me and I can probably turn their fortunes effectually in a matter of days with this simple, easy thought. They don't need to exist Reverb.com because Guitar Center does have some actually great prices on used gear; they only demand a *piddling* more than endeavor in their presentation.
- #83
- #84
- #85
- #86
Had I the space, and the means to transport big furnishings, I could've fabricated my own music shop at dwelling house with the display cases, sales counter, racks and hanging stuff for pretty much chump alter.
I settled on the "lucky dip" whereby there were several large cardboard boxes each filled randomly with stuff at $40 a piece. Brazenly, I transferred the desirable bits from each box into one box and bought that 1 - I got two sets of loftier end Shure headphones, a heap of Planet Waves guitar leads, power supplies, cables etc.
Why it was endmost down never crossed my listen but I was happy enough that it was.
- #87
as well niggling too late mayhap but again perhaps not.Many lease schools require music pedagogy and GC in my city provides that to around 100 lease school students.
Some of y'all guys with the detailed financial scenarios although very Wall Street do not include lessons.
Look at the whole motion picture so offer your expert guess lol!
2022 and everyone'southward a financial planner and player in the stock market place.
oof!
- #88
Someone buys up all the cable and sells it on eBay years later on as vintage.![]()
I will sell yous the above cable in the emporium for $125.99 (in 2025).
I recollect seeing this used 2002 Mars Music'due south Red Sparkle Stratocasters at My Music Store in The Twin Cities for $1000 back in 2010 .
- #xc
+1 Fender and Gibson will be in pregnant greenbacks flow bug if GC were to go under.
Until Fender and Gibson learned to sell direct (it's not that difficult) and they would double their profits. Dealer laws in states may prohibit them from doing that currently, but if their major customer were to stumble then maybe they could get it overturned.
.
- #91
- #92
.+1 Fender and Gibson will exist in significant cash menstruum problems if GC were to get nether.
Until Fender and Gibson learned to sell directly (information technology's not that hard) and they would double their profits. Dealer laws in states may prohibit them from doing that currently, just if their major customer were to stumble then maybe they could become it overturned.
.
I think fender dabbled in direct sales a few years agone (I recollect a fender dealer I know a little beingness really mad most them basically cutting him out, at to the lowest degree that was his version)
I call up fender could probably pull something like this off but there would be a lot of added costs. Seems like some companies stop upwardly finding information technology not worth the toll and hassle to sell direct (eg reverend had dealers, then went straight, and then went back to dealers). I remember fender is of a scale that they could make it piece of work though
- #93
- #94
They have some fantastic deals on used guitars. The problem is, they have minimum data on the instruments. and the small, horribly lit photos aren't going to sell. Certain, if its some $100 Squier, no big deal, just there are some expensive squeamish guitars for sale, and I can't even tell what the color is on some of them. Would it be that prohibitively expensive to purchase a majority set of point and shoot cameras, send one to each store, have a designated emoployee with even mediocre photography skills (if you postal service on Instagram, you are expert enough) at each store take 3-5 photos of each used guitar, and then post them online with a brusk paragraph description of the guitar, components, and damage?Jesus. Guitar Center should just hire me and I can probably turn their fortunes around in a matter of days with this simple, like shooting fish in a barrel thought. They don't need to be Reverb.com because Guitar Center does have some really great prices on used gear; they just need a *little* more effort in their presentation.
yes ive bemoaned this for years. pure idiocy. has no one at corporate ever tried to buy a nice used ****ing guitar on their own website? pathetic
i hate my local gc. it has nothing but garbage for new stock. limited colors, limited styles. no used gear to be had that isnt just trashed. and the children they employ dont know annihilation about whats in stock, or whats in the sale flyer (!!!)
sadly their mere presence has basically destroyed the 2 mom and pops in the area. one of which has been around for decades. its limping along but has lost its prs and gibson inventory every bit they arent able to maintain the required level of orders. this also ways i have no where in under a 2.5 hour drive that sells my favorite guitar make now.
it never ceases to astonish me how executives dont utilise their own products or companys services, merely then look perplexed by their quarterly results.
- #95
In that location is a space for more product clarification on the used pages, equally some used pages have it. But it seems about employees entering the info on the used piece don't employ that characteristic.They have some fantastic deals on used guitars. The problem is, they have minimum information on the instruments. and the small, horribly lit photos aren't going to sell. Sure, if its some $100 Squier, no big deal, but there are some expensive nice guitars for sale, and I can't even tell what the colour is on some of them. Would information technology be that prohibitively expensive to purchase a bulk set up of point and shoot cameras, ship one to each store, have a designated emoployee with even mediocre photography skills (if yous post on Instagram, you are good plenty) at each store take iii-5 photos of each used guitar, and then post them online with a short paragraph clarification of the guitar, components, and damage?Jesus. Guitar Center should only hire me and I can probably plow their fortunes around in a thing of days with this elementary, easy idea. They don't need to be Reverb.com because Guitar Center does have some actually great prices on used gear; they only need a *petty* more than attempt in their presentation.
Notwithstanding, one tin can always recall that store and talk to someone about the guitar, ask questions on it's status and/or ask to get emailed more photos. I have done this from fourth dimension to time, no trouble. Plus, ordering from the guy who helps yous out with this gets a committee and will be more invested in the transaction.
- #96
The bulldozer wasn't most as bad as what happens to GC display models every day in the store. Always see a $6k CS Les Paul dropped from eight feet? (it but got a x% discount due to the damage)
If GC goes under and wants to destroy all their inventory they can just put information technology all on display and keep the doors open for one last "no sales, just trash our gear" week.
- #97
But like the dude who bought sears/kmart for the real estate.I've heard and read in Forbes and other financial reports that Guitar Centers most valuable asset is not the gear they sell - it's the real manor holdings.
I've as well read an interesting accept in the Wall Street Journal years ago when they were bought the kickoff time - that the business organization'south valuation is ran every bit a separate
debt and visitor than the Existent Estate holdings. I accept no idea how that kind of business is ran - but it appears to point that whomever owns the company
is not at risk.
- #98
- #99
This...Most of these larger national outfits are gonna effort and put themselves nether creditor protection if the courts let them...to endeavor and reorganize...disallowment that its the Bankruptcy Trustee....who is gonna wait at the unabridged functioning...make up one's mind if its worth staying open and running them to a view of selling... or closing and bulking the inventory to another grouping.When Mars Music - Remember "Mars, The Musicians' Planet"? - went under in 2002, information technology went to liquidation and not reorganization. The bankruptcy trustee sold off all the gear in all the stores.There were some deals, but no screamin' deals, equally I recollect. The goal is to recover as much money every bit possible for the creditors.
I recall the manager of my local GC was snickering when Mars went bosom. He had a picture in his office of the local Mars store a mile away with its "Going Out Of Business" banner out forepart.
=Thousand
I read somewhere, GC has 269 locations plus warehousing. They may be ane of the largest retailers of their kind in the USA. @ as someone else said, 200 guitars per shop, that's nigh 54,000 guitars plus any is in the warehouse.
In my hometown, over 1,250,000 population, stores are being closed or swallowed up by one retailer. The number of net closures is high.
The writing is on the wall. The boomers , who collection the explosive growth, are non being followed past the aforementioned numbers of new buyers...music is non guitar centric.
My guess, music stores will return to what they were in the early threescore's...pre British Invasion...cater to schoolhouse music program students......an online retail presence...maybe a small rental department for events
and similar someone else mentioned, Fender/Gibson, will shrink back to the same levels, if they survive.
- #100
just like the MF Stoopid Deal of the twenty-four hour period - just a agglomeration of crap i don't wantExactly... the "good" stuff would become on sale with minimal or no discount at all. People would be drawn by the "liquidation sale" advertisement, but when going through the "deals" with a fine comb, the discounts are merely the usual ones.Shut to the "Last day", and then you can get the very high discounts, but on equipment that nobody wanted.
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