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In the Forum: Audio Discussions
In the Thread: Prices in High-End Audio.
Post Subject: 20% Market (at Best)Posted by Paul S on: 1/25/2014
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Yes, the reality of the Marketplace is stark: ~20% of the people have some money to spend after necessities are met, and 80% have little or no "extra" money. It seems obvious that more "free" money is available as one moves up the income slope, and in any case, this seems to be the preferred market for non-essentials that are offered at prices that will absorb start-up costs during the product life cycle. Business today has nothing to do with anything other than beating indexed stock trading returns. There is no "hi-fi business"; there is only business business. Good hi-fi is nothing more than navigating, assembling and developing a personalized system from parts that might or might not "work" in another context. IMO it is mostly dumb luck to find something that works, although the whole-system approach of Marantz, Meridian, Naim, et al, still "works" if you say it does.
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