Big business opportunity...

[Randy Savage 5,000+ posts]

I thought that too when I was an authorized dealer of JL Audio but look, you can find them all over the net now, especially ebay.

There are currently 8 items from this company online- and 3 of them are competitors used amplifiers //content.invisioncic.com/y282845/emoticons/smile.gif.1ebc41e1811405b213edfc4622c41e27.gif

EDIT- on ebay I meant //content.invisioncic.com/y282845/emoticons/smile.gif.1ebc41e1811405b213edfc4622c41e27.gif

 

[Patrick Simmons 10+ year member]

Good luck to you, hopefully you make the right choice for you.

 

[80INCHES 5,000+ posts]

i'm thinking about opening my own shop in the near future and when that happens.i would like to intoduce companies such as re soundsplinter and stereo integrity and ia to people...so that these companies can get more exposure

of course i will carry the brands that are mainstream but i will focus solely on selling products that people never heard of

and snova being that your in li..i know 4 a fact if u went to queens and asked people about ss or re thay would look at u like u where stupid....trust me i know..i told my friends about the rl-s and showed him pics of that sub and the new xxx...my friendwent online and ordered credit cards so he can buy them

80

 

[Randy Savage 5,000+ posts]

There are a few people on the island that know of RE. He actually did an install with a 15" XXX in a snailshell, which was surprising when I saw it.

 

[phildapimp89 10+ year member]

I *may* be opening my own shop up. From an investment standpoint, I won't have to put much money down (only the first months rent to start off with). I will have a few product lines that I will probably not have to do a buy-in for, so I won't need ~$3000 for a a buy-in from just a singly manufacturer. It's a fairly busy area, and 2 of the local shops were recently shut down (One was bought out and closed, the other the owner decided to focus on dealership work and close down his shop).
I've got some time to think about it...and while I don't have any experience from a business standpoint, I think it's a great opportunity for me to start off with.

I just don't know what to do though....//content.invisioncic.com/y282845/emoticons/uhoh.gif.c07307dd22ee7e63e22fc8e9c614d1fd.gif

If people are closing shops by you or selling their shops, chances are they were not pulling in much money... Reconsider location.

 

[Shyne151 10+ year member]

If you do it get ahold of radio stations... they are your best bet.

Do free installs in their vans, for air time.

 

[fatkidbass 10+ year member]

SNOVA where do u live? Beacause i live in Michigan and i just started my business today.

 

[Randy Savage 5,000+ posts]

If people are closing shops by you or selling their shops, chances are they were not pulling in much money... Reconsider location.

One was sold to 2 installers from another shop, but they closed it down before they even re-opened. The other was more centered on dealer installs (factory navigation systems, alarm/rem. starts, etc.). This helped business a ton...

 

[audiolife 5,000+ posts]

more than half of business failures in this business isnt lack of customers its lack of the shop doing the right things to gain the customers

 

[tplaya07 10+ year member]

more than half of business failures in this business isnt lack of customers its lack of the shop doing the right things to gain the customers

BBQ's and Bikini contests every weekend will bring in the customers //content.invisioncic.com/y282845/emoticons/smile.gif.1ebc41e1811405b213edfc4622c41e27.gif

There are alot of good suggestions here posted earlier. Business plan, ALOT of research about what brands sell good around your area, etc. You should absolutely carry a few high-end brands you like, but ultimately a business is to make money...so don't be afraid to stock the shelves with Audiobahn, Pyramid, Pyle, and the liking, if that's what keeps the bills paid. Offer up your knowledge/ information to people who ask for it, but don't "push" products even though you know they may be better.

The radio station installs are a great idea, if you can trade that for some airtime. Also, get in with the local car clubs, hit the schools and universities and make friends with reputable people that can spread the word around about you. The high school kids and college students will likely be the majority of your business...so get to know what they like. And get some stickers/vinyl decals that you can give your customers to sport around, and get your name out there. The more people see a name, the more trusting they will feel about buying from you.

Alot of popular shops around here get customers in their store with other products like auto customizing (wings, wheels/tires, airdams, foglights, etc). I know it won't be easy just starting out to have a complete wheel/tire rack on display with plenty of stock, but let people know that stuff is avaible if they want it.

Good luck man..

 

[limitkid7 5,000+ posts]

John,

I have a few business plan's that I can send you if you're interested....

 

[bigbangtheory 5,000+ posts]

If and when you get your shop opend up maybe you should do a demo vechicle to show off you or the installers talent . That will pick up alot of bussiness. That is what custom sound did here locally. Wasnt anything like a wall. But sounded very good. Good luck though.

 

[LBX2G 10+ year member]

I say stack ur bread up...U will need more than an month's rent.

 

[Ignatowski 5,000+ posts]

opening a car audio shop is a high risk business IMO,from a income standpoint

I could think of alot more profitable business to get involved with....

 

[LBX2G 10+ year member]

i'm thinking about opening my own shop in the near future and when that happens.i would like to intoduce companies such as re soundsplinter and stereo integrity and ia to people...so that these companies can get more exposureof course i will carry the brands that are mainstream but i will focus solely on selling products that people never heard of

and snova being that your in li..i know 4 a fact if u went to queens and asked people about ss or re thay would look at u like u where stupid....trust me i know..i told my friends about the rl-s and showed him pics of that sub and the new xxx...my friendwent online and ordered credit cards so he can buy them

80

great idea but firt i would start off with one internet line. U have to have thinks that the customer is fimilar with.