• mostly likely smallest record shop in Toronto

    From Ogg@VERT/CAPCITY2 to All on Friday, December 22, 2023 19:01:00
    This guy operates a vinyl LP shop, no larger than 75 sqft. and
    an inventory at about 1300 pieces now. My own home collection
    is about 1200.

    https://www.blogto.com/services/resolute-records-toronto/

    95%+ of his stock is new vinyl. Dunno how he can move enough
    of that to be sustainable.


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  • From Nightfox@VERT/DIGDIST to Ogg on Friday, December 22, 2023 17:39:54
    Re: mostly likely smallest record shop in Toronto
    By: Ogg to All on Fri Dec 22 2023 07:01 pm

    https://www.blogto.com/services/resolute-records-toronto/

    95%+ of his stock is new vinyl. Dunno how he can move enough of that to be sustainable.

    That link says it's an online business. If that's the case, there may be enough interested customers around the world to give him enough business.

    Nightfox

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  • From MRO@VERT/BBSESINF to Ogg on Saturday, December 23, 2023 07:59:19
    Re: mostly likely smallest record shop in Toronto
    By: Ogg to All on Fri Dec 22 2023 07:01 pm

    This guy operates a vinyl LP shop, no larger than 75 sqft. and
    an inventory at about 1300 pieces now. My own home collection
    is about 1200.

    https://www.blogto.com/services/resolute-records-toronto/

    that's incredibly small.

    95%+ of his stock is new vinyl. Dunno how he can move enough
    of that to be sustainable.

    lots of people buy it off amazon. not sure why they would buy it off him instead. searching on amazon is easier.

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  • From Ogg@VERT/CAPCITY2 to MRO on Sunday, December 24, 2023 12:19:00
    Hello MRO!

    95%+ of his stock is new vinyl. Dunno how he can move
    enough of that to be sustainable.

    lots of people buy it off amazon. not sure why they would
    buy it off him instead. searching on amazon is easier.

    A quick price comparison between Resolute and Amazon seems to
    indicate that prices are on par. Some titles on Resolute are
    less $s.

    Visiting a physical store is part of a discovery process too.
    The shop owner could make informed suggestions for a new
    artist.

    Sometimes the info on the back of an album can be the final
    selling point. Can't do that with online listings.

    In the case of Resolute, it offers a vinyl flattening service
    as well. Maybe that helps people revive poorly stored LP
    collections back to life.

    The attraction for NEW vinyl at $40+ prices still surprises me
    though.

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  • From Ogg@VERT/CAPCITY2 to Nightfox on Sunday, December 24, 2023 12:40:00
    Hello Nightfox!

    https://www.blogto.com/services/resolute-records-toronto/

    That link says it's an online business. If that's the
    case, there may be enough interested customers around the
    world to give him enough business.

    Yes.. originally on-line. But now, he's opened up a storefront
    for walk-ins inaddition to maintaining an online channel that
    most other storefronts have as well.

    I see that Resolute has embraced Shopify to get online. That
    starts at $50/mo + they take up to 4% of the credit card
    processing fee on a sale.

    The vinyl-flattening service is probably a nice add-on to the
    biz. Having encountered a few warped LPs myself, I could
    certainly see that a $20 session might be worth it for a
    scarce/favorite record.

    Still, the $40+ prices of NEW vinyl and the market of people
    who would expend such money for an LP mystifies me - especially
    if the same recording can be had for $20 or less as a CD.

    A CD clearly has more dynamic range, no clicks/pops, no need to
    flip the media around, and multiple pieces can be queued to
    play in any order.

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  • From Nightfox@VERT/DIGDIST to Ogg on Sunday, December 24, 2023 11:49:43
    Re: mostly likely smallest record shop in Toronto
    By: Ogg to Nightfox on Sun Dec 24 2023 12:40 pm

    Still, the $40+ prices of NEW vinyl and the market of people who would expend such money for an LP mystifies me - especially if the same recording can be had for $20 or less as a CD.

    A CD clearly has more dynamic range, no clicks/pops, no need to flip the media around, and multiple pieces can be queued to play in any order.

    Yeah, I prefer CDs for all those reasons.

    Nightfox

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  • From MRO@VERT/BBSESINF to Ogg on Sunday, December 24, 2023 13:31:03
    Re: mostly likely smallest record shop in Toronto
    By: Ogg to MRO on Sun Dec 24 2023 12:19 pm


    The attraction for NEW vinyl at $40+ prices still surprises me
    though.

    holy crap, i didn't know it cost that much.
    they must be going after the hipster market.

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  • From DaiTengu@VERT/ENSEMBLE to Ogg on Monday, December 25, 2023 10:45:40
    Re: mostly likely smallest record shop in Toronto
    By: Ogg to Nightfox on Sun Dec 24 2023 12:40 pm

    I see that Resolute has embraced Shopify to get online. That
    starts at $50/mo + they take up to 4% of the credit card
    processing fee on a sale.

    Assuming you're talking loonies here...

    A shopify plan is $38 CAD ($29 USD) if you pay for an entire year at once. The first 3 months are $1 a month. Credit card rates are 2.9% + $0.30 CAD per transaction, which is honestly cheap compared to other credit card processors. Etsy is 3-4% plus their listing fees.


    My wife has a shop on Shopify, and honestly the $30 USD a month we spend on it is worth not having to deal with running and maintaining our own ecommerce site. calculating, buying and printing shipping labels is comparable with other shipping services (such as pirateship or stamps.com), and is incredibly easy.

    They raised their prices about a year ago, and I had considered dumping them and running something self-managed, but after looking at processing fees and the work I'd have to put into it, I realized Shopify was still the better deal.

    DaiTengu

    ...Modesty is a vastly overrated virtue.
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