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Audio and Video Talk
Vinyl
Vinyl is dead, whats up with that, why the resurgence now?
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<blockquote data-quote="Air" data-source="post: 1130530" data-attributes="member: 15182"><p>So by rough calculations and assuming that the rest potentially is vinyl or CD users, we still have 75 million potential vinyl lovers in the segment?</p><p></p><p>(Part of my day job is to help companies think through trends, major trends, and those underneath the surface, both globally as well as regionally and nationally, aiming to develop relevant and sustainable business strategies. From this vantage point and being part of a team that looks at new payment mechanisms over and above well-established financial tools, it was a shocker to me that despite all that is currently available(traditional, card, mobile and digital currencies) and these are growing exponentially by the fintech bubble, 58% of the US economy is still cash-driven. On the African continent, the percentage is even much higher. Any financial institution that is not attuned to the high use of cash in the economy is missing a large opportunity)</p><p></p><p>Based on the example above, I think there is still much life in vinyl, and I see it to be the case for the foreseeable future. </p><p></p><p>On a personal level, I love music. So I even often ask my family and friends to make music for me, over and above attending live performances, radio, streaming, CDs and vinyl. <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite1" alt=":)" title="Smile :)" loading="lazy" data-shortname=":)" /></p></blockquote><p></p>
[QUOTE="Air, post: 1130530, member: 15182"] So by rough calculations and assuming that the rest potentially is vinyl or CD users, we still have 75 million potential vinyl lovers in the segment? (Part of my day job is to help companies think through trends, major trends, and those underneath the surface, both globally as well as regionally and nationally, aiming to develop relevant and sustainable business strategies. From this vantage point and being part of a team that looks at new payment mechanisms over and above well-established financial tools, it was a shocker to me that despite all that is currently available(traditional, card, mobile and digital currencies) and these are growing exponentially by the fintech bubble, 58% of the US economy is still cash-driven. On the African continent, the percentage is even much higher. Any financial institution that is not attuned to the high use of cash in the economy is missing a large opportunity) Based on the example above, I think there is still much life in vinyl, and I see it to be the case for the foreseeable future. On a personal level, I love music. So I even often ask my family and friends to make music for me, over and above attending live performances, radio, streaming, CDs and vinyl. :) [/QUOTE]
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Audio and Video Talk
Vinyl
Vinyl is dead, whats up with that, why the resurgence now?
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