Re-Tales #53: Making Hi-Fi a Viable Career
Achieving that key objective requires achieving another one: How do we make more people aware that our industry exists?
Achieving that key objective requires achieving another one: How do we make more people aware that our industry exists?
The hi-fi industry is evidently experiencing a shortagenot of parts or materials as during COVID and just after, but of qualified salespeople. As this column has pointed out, some hi-fi shops have closed, for various reasons, while some new ones have opened. Meanwhile, not just dealers but also manufacturers and distributors have reported difficulty finding qualified salespeople. Michael Manousselis, president of Americas for Dynaudio, stated as much in emailed responses to my questions. "I have heard more from dealers having a hard time finding experienced salespeople, that is for sure," he said. "We've seen some hire former customers, to groom them for sales."
What's going on? If people are passionate about this hobby, wouldn't they jump at the chance to get more involved in it professionally?
Hi-fi dealership Big Kids Toys, in Greensboro, North Carolina, is aptly named. Since its 2002 inception, fun has been at the center of its ethos. At the outset, company founder Michael Twomey established a mantra: "Life is short. Enjoy yourself." It might not be all that original, but it's apt.
In the third quarter of 2024, Big Kids Toys began expanding to the Midwest: The dealership's sales manager, North Carolina native Luke Sumerford (above), opened a home-based dealership in Fort Wright, Kentucky, about five miles from the Ohio River and Cincinnati, Ohio. That's a long way from Greensboro.
Sumerford, at 29, is part of hi-fi's youth movement. He hopes to instillor reinforce, or bring backmusical enjoyment as the central pillar of the hi-fi hobby.
A health crisis was the catalyst for Matt Thomas to start Hearken Audio: A back injury caused temporary paralysis. "For lack of a better word, it was an experience," he told me in a recent phone conversation. He's now fully recovered, but the experience changed him. He decided to pursue his passion. He was already an avid audiophile and music lover; he had been for years. After the accident, almost five years ago, he started Hearken Audio, a home-based dealership in Kitchener, Ontario, where he lives with his wife and two teenage daughters.
That made me curious about how business is going for "traditional" distribution companies. That is, companies whose services typically include handling importation, warehousing, shipping, and working with retailer partners and dealers in other capacities. They support retail dealers with the inventory they need.
In its current form, Houston, Texasbased dealership 3mA arose from founder and majority owner Johnny Yip's connection with Luis Miranda, a customer. The two became partners when Miranda bought into the business in 2017.