Bluetooth Private Members Club?

This is the end part of topic:  http://audio-forum.gspaudio.co.uk/2015-road-shows-book-now_topic2479.html  which started going off-topic so was moved here.

The reason for the title will possibly become clear in a subsequent posting of mine somewhere on page 4 or it could be 5 - I haven't wrote it yet, but will have by the time you read this... maybe

The original post now follows...
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Unfortunately, because of numbers, or the lack of them, It might have to happen later in the year, if numbers can be increased that is.

All-in, last year's cost £4,000, or £100 per head. To date this year it's roughly £250 per head. Being a "cottage industry" concern the money in-effect comes out of my back pocket, in other words, I took £4,000 less in earnings to do last year's (and I'm in a very similar earnings league as most people reading this).

The UK HiFi industry in general isn't doing too well of late, in fact, with one or two exceptions (and I mean just one or two), it has been doing rather badly with many companies reporting (to company house) considerable losses in earnings since 2012-2013. In one case a rather large well-established HiFi distributor and brand owner has seen its £5m company worth in 2010 decimated to £0.6m in 2013, and is having to resort to overdraft borrowing of £0.25m.

I cannot tell you about the global picture as only the UK is transparent regarding its businesses.

We did a lot better and actually increased our company worth in 2014 to the highest it's ever been, in fact nearly half as much as a couple of long established high performing UK HiFi companies (one a distributor - the other an amp manufacturer).

Company worth or book value, as I well know, is of little use to anybody else other than the company who owns it, and when it fails to keep up its turnover through falling sales, it's book value is shrapnel. Who else wants its stock? Vultures may offer 10% of its value.

I see the HiFi industry teetering on the edge because it and the younger consumer have failed to engage with each other. It's remaining customer base are the older generations, and at the top end? Well, nature takes its course, and that's where the industry is headed for oblivion IMO.

So, I can see fewer and fewer people are taking an interest, and that's reflected in the uptake of my roadshow offers.

For the few who took the trouble to book a pass, I'm sorry but at this time it really is a non-starter.



Edited by Graham Slee - 11 Jun 2015 at 4:54pm

Back when I used the Bitzie, I also suggested the idea of a Graham Slee Digital Audio Player of his own design. Nice idea but the time/money investment probably wouldn't be worthwhile.

Edited by Ash - 09 Jun 2015 at 9:03am

Even more pitiful than it is now?? (GSP exempt of course) 

Edited by Ash - 09 Jun 2015 at 9:21am

I agree Ash. For as long as we have GSP, we need to ensure we "future-proof" our systems!

(You can slip me the fiver later Graham. )