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- This topic has 25 replies, 8 voices, and was last updated October 12, 2006 at 1:25 am by Raj.
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October 10, 2006 at 7:02 am #1039523
Biotech and I are looking at the possibility of setting up an online record shop attached to the site…
Any thoughts?
October 10, 2006 at 9:18 am #1091974Nice idea. Might work with the traffic you get on PV but ive noticed when a few L1 people tried it they found it tough.
Heres what they did : http://www.warpedrecords.co.uk/
Im pretty sure you guys could do better but even to get to this (still not quite finished) stage took them months.
October 10, 2006 at 11:48 am #1091977Sounds good, if youve had 10,000 posts in one month you could be onto a winner 🙂 Maybe look into selling mp3’s too, as that seems to be the way things are going.. I speak to someone who runs a online record shop and they say it’s very hard now, just selling vinyl alone and they have been at it for years. They and most record labels seem to be looking into selling mp3’s aswell now…
October 10, 2006 at 11:59 am #1091957sounds like a good plan; given the traffic here..
TBH I think its gonna be things like this that will keep the scene going (and extend it to other countries)… even if traditional raves become harder to put on music isn’t going to disappear…
The only snag I can think of is that transactions from some countries (including so-called “civilised” SE Asian countries) just aren’t to be trusted due to the level of fraud… but I guess the card handling companies must have some way of dealing with this..
Titch is right about MP3s taking over though as other than DJ’s many people don’t want the bulk of vinyl or CD’s any more… is there enough space on the server to host them?
October 10, 2006 at 2:32 pm #1091964To answer a few suggestions/questions:
MP3: I’ve looked in to this and I think it’s definitely worth doing. Trackitdown.net make this very simple as they use your site as a third party. You simply set up the link and make it look like your site is selling but they deal with the whole thing and pass on a % which makes it nice and easy.
The other way is to get the rights off the label/distributor but I’m not quite sure how it works or how many you get to sell?
Fraud: The payment processor I will be using deals with the fraud. Because we would be a new trading business, banks don’t tend to be helpful with setting up SSL and internet merchant account. Therefore I’ll use a well known company who have a bureau account which is basically a merchant account and payment processor rolled in to one. The percentage taken per transaction is slightly higher than a bank but they deal with the whole transaction and simply pay a DD in to a chosen bank account each week. They will deal with any fraudulant transactions and it should not affect the business.
One question worth asking you lot though is what music styles do you think would work? I don’t want to cover the whole range of dance music simply because of the money involved and the site would suffer because of less up to date stock etc. I was planning to sell all forms of Breakbeat, DnB, Hardcore (Breakbeat Hardcore etc as it seems to be on the uprise) and possibly Techno. These are areas that I am more comfortable with and would therefore offer a better service. My only gripe with this is that partyvibe is not connected to any particular type plus I wont be dealing with any of the more alternative genres like speedcore, Breakcore and all the other cores. 🙂
This is not a sudden idea, I’ve planning this (and liasing with Hugh) for a while and have a business plan etc together. On paper it looks like it will work but I’m having to use educated assumptions for sales figures.
October 10, 2006 at 2:34 pm #1091965Another issue that I’ve been thinking about is forum rivalry. Because the shop will be associated with a forum do you think that will automatically turn people off the idea. For example, would people from squatjuice never be seen dead ordering from “partyvibe records”
October 10, 2006 at 2:36 pm #1091958BioTech wrote:One question worth asking you lot though is what music styles do you think would work? I don’t want to cover the whole range of dance music simply because of the money involved and the site would suffer because of less up to date stock etc. I was planning to sell all forms of Breakbeat, DnB, Hardcore (Breakbeat Hardcore etc as it seems to be on the uprise) and possibly Techno. These are areas that I am more comfortable with and would therefore offer a better service. My only gripe with this is that partyvibe is not connected to any particular type plus I wont be dealing with any of the more alternative genres like speedcore, Breakcore and all the other cores. 🙂seems perfect to me
speedcore/breakcore tends to have its own distro network close to the artists anyway; as does psy-trance.
the UK hardcore scene is making a big comeback… IMO this site has always been more on the “old skool” original rave vibe anyway
October 10, 2006 at 2:42 pm #1091959BioTech wrote:Another issue that I’ve been thinking about is forum rivalry. Because the shop will be associated with a forum do you think that will automatically turn people off the idea. For example, would people from squatjuice never be seen dead ordering from “partyvibe records”nah, IME if people particularluy DJ’s want tunes that badly they’d buy them even if the record shop was run by John Prescott wearing a niqab…
anyway there’s a totally seperate user base here and lots of people from outside UK to sell to..
it would be as daft as people from SJ avoiding events because they get posted also on here and on DSI and I’ve never heard that happening.
The rivalry and hate on forums is in the mind of about 10 people who never buy tunes and TBH are burnt out anyway..
October 10, 2006 at 2:48 pm #1091966General Lighting wrote:Titch is right about MP3s taking over though as other than DJ’s many people don’t want the bulk of vinyl or CD’s any more… is there enough space on the server to host them?As for Mp3 snippets (for the purpose of listening to the vinyl) I estimate there would be about 800mb-1gb MAX if each was around 600kb.
If we were hosting the Mp3’s to sell then they would need to be at a fairly high bitrate so using the same figures it would need quite a large chunk of space (8Gb+) and would caine the bandwidth. Hence the more desirable option would be a third party sales site such as trackitdown.net who deal with the whole process and pass on a percentage.
October 10, 2006 at 2:49 pm #1091967General Lighting wrote:nah, IME if people particularluy DJ’s want tunes that badly they’d buy them even if the record shop was run by John Prescott wearing a niqab…anyway there’s a totally seperate user base here and lots of people from outside UK to sell to..
it would be as daft as people from SJ avoiding events because they get posted also on here and on DSI and I’ve never heard that happening.
The rivalry and hate on forums is in the mind of about 10 people who never buy tunes and TBH are burnt out anyway..
True. :weee:
October 10, 2006 at 2:55 pm #1091978BioTech wrote:One question worth asking you lot though is what music styles do you think would work? I don’t want to cover the whole range of dance music simply because of the money involved and the site would suffer because of less up to date stock etc. I was planning to sell all forms of Breakbeat, DnB, Hardcore (Breakbeat Hardcore etc as it seems to be on the uprise) and possibly Techno. These are areas that I am more comfortable with and would therefore offer a better service. My only gripe with this is that partyvibe is not connected to any particular type plus I wont be dealing with any of the more alternative genres like speedcore, Breakcore and all the other cores. 🙂
Sounds like a good plan, as you say it would be very hard keeping uptodate and stocking lots of different genres. Also the styles you are going with will probably be the scenes in which the DJs will keep buying vinyl in, forever lets hope..
October 10, 2006 at 3:31 pm #1091975General Lighting wrote:speedcore/breakcore tends to have its own distro network close to the artists anywayI duno about that….its really just that in the UK there are few sites athta sell it. Most of us get our tunes from abroad. I’d suggest staying away from hardtek as the genre has been innundated with shite recently and the good tunes are fairly difficult to find among the new realeases.
As for hardcore and breakcore the few sites which do stock it sell out of almost everything they get in very quickly, so even if you are stocking the same as another company they will still sell. I can suggest you some good labels and possibly put you in touch with a few people who distribute it.
October 10, 2006 at 3:59 pm #1091979interesting idea :groucho::groucho::groucho:
to get my buying interest it would be vinyl and techno/hard house/hard trance
[if you’ve heard my sets you know i will play just about anything i can crowbar into a set but my interest in gabba and all similar styles is very small] d and bass is alright but i tend to be a bit eclectic with itif i were the only one with an interest in those areas it would be a waste of your time
how about a poll to find out what everyone buys/listens to?
October 10, 2006 at 4:39 pm #1091968Raj wrote:how about a poll to find out what everyone buys/listens to?I’ve done a small amount of market research by sending out a word questionnaire to a load of people and got 24 replies. It seems that the styles I have picked are the main sellers (which is what I had assumed already)
I’ll definitely stick up a poll soon though (with no reference to a partyvibe shop so we don’t get bias)
October 10, 2006 at 4:42 pm #1091960elretardo87 wrote:As for hardcore and breakcore the few sites which do stock it sell out of almost everything they get in very quickly, so even if you are stocking the same as another company they will still sell. I can suggest you some good labels and possibly put you in touch with a few people who distribute it.out of interest, what are you defining as hardcore?
to me “hardcore” is “UK hardcore or freeform” which is the more euphoric stuff that developed out of happy hardcore (its making a resurgence now with fatter beats and less cheese but is happier than other forms of hard dance)
but do you mean the “euro” idea of hardcore (hard tekno/gabba?)
October 10, 2006 at 4:54 pm #1091980BioTech wrote:I’ve done a small amount of market research by sending out a word questionnaire to a load of people and got 24 replies. It seems that the styles I have picked are the main sellers (which is what I had assumed already)I’ll definitely stick up a poll soon though (with no reference to a partyvibe shop so we don’t get bias)
why not start it now? its tuesday and between now and fri we tend to get the most posts:wink:
i am here if you want to bounce ideas, get help with accounts, business setup help – i do a mean grant application-[never had on turned down yet and my local funding body is very tight]
i ran a bookshop with internet sales for a while BTW and i do VAT accounts for a living currently
i also have been socieites treasurer for all kinds of bodies including my local business associationlet me know if you need a hand feel free to ask anything you need to know – if i dont know the answer i could probably find out
October 11, 2006 at 1:49 am #1091976General Lighting wrote:out of interest, what are you defining as hardcore?The european stuff….tbh anything over about 195bpm raaa
Its beginning to pick up in popularity over here nowadays…labels like deathchant and epileptik.
October 11, 2006 at 11:56 am #1091961There’s also a discussion on EASF ( http://www.easf.org.uk ) about grant applications (with info on the contact details for our regions).
Raj – what bookkeeping/accounting software do you use?
I am considering getting better software for my employers next year as well; I reckon it would be handy if we all used a similar package for sharing tips and hints as well…
October 11, 2006 at 1:30 pm #1091969General Lighting wrote:There’s also a discussion on EASF ( http://www.easf.org.uk ) about grant applications (with info on the contact details for our regions).Raj – what bookkeeping/accounting software do you use?
I am considering getting better software for my employers next year as well; I reckon it would be handy if we all used a similar package for sharing tips and hints as well…
I’ll check it out. I’m getting a £1500 grant already from NWES (who are funded by the EEDA) and another £1500 from a loan (hopefully). Obviously another grant would be the best course but I’m not sure how many you can apply for.
I’ll be using SAGE. I have a little bit of experience with it myself but my partner has used it for 10 years or so and her mother is a qualified SAGE trainer and distributor so it seems like the best way to go really. Accountants seem to prefer Sage too as it makes their life easier (which in turn lowers my costs)
October 11, 2006 at 2:56 pm #1091981General Lighting wrote:There’s also a discussion on EASF ( http://www.easf.org.uk ) about grant applications (with info on the contact details for our regions).Raj – what bookkeeping/accounting software do you use?
I am considering getting better software for my employers next year as well; I reckon it would be handy if we all used a similar package for sharing tips and hints as well…
i have used excel , quicken [rubbish] and Sage Line 50 [de facto industry standard]
The advantage of using Sage is its easy to find people who work with it and you can set it up to do almost everything i have ever com across – the diasadvantages occur if the system is badly set up or double entry bookkeeping is a mystery to you.
Sage is a well thought out program and there is a lot of information on it out there- i use ‘Sage Line 50 in easy steps ‘ by gillian gilert if you want to look at an accesssible book on it [the user manual is daunting if you have access to it ;)]
Sage must be setup methodically and thoughtfully – once this has been done its great to work in. my advice would be to flowchart on paper how you want your accounts to work and then use that to design the sage system to how you want it [wizards are pretty good but you may need to add some stuff manually depending on what you are using it for]:weee::weee::weee:
October 11, 2006 at 3:02 pm #1091962BioTech wrote:I’ll check it out. I’m getting a £1500 grant already from NWES (who are funded by the EEDA) and another £1500 from a loan (hopefully). Obviously another grant would be the best course but I’m not sure how many you can apply for.The conditions should say whether parallel funding is permitted. AFAIK all the money from grants overseen by Whitehall comes from GO-EAST anyway and I think you have got the main ones (there is certainly money available in the Waveney area (Great Yarmouth/Lowestoft).
Quote:I’ll be using SAGE. I have a little bit of experience with it myself but my partner has used it for 10 years or so and her mother is a qualified SAGE trainer and distributor so it seems like the best way to go really. Accountants seem to prefer Sage too as it makes their life easier (which in turn lowers my costs)was thinking of migrating my employer which is currently using Iris (a string and gaffer tape package TBH) but we’d have to use Line 50 as there are two companies and that was double to the price of Iris…
October 11, 2006 at 7:46 pm #1091972a lot of grant making bodies like to see that you already have other funds coming in.. either as ‘match’ funding (to spread the cost to them), but also to see that you have experience of managing the sums they are offering
October 11, 2006 at 8:45 pm #1091970globalloon wrote:a lot of grant making bodies like to see that you already have other funds coming in.. either as ‘match’ funding (to spread the cost to them), but also to see that you have experience of managing the sums they are offeringYes, that’s the same stance that banks seem to have. I’m planning to ask the princes trust too, but I know for a fact that they don’t have a lot of cash spare at the moment.
October 11, 2006 at 9:09 pm #1091963Did you sort out that balance sheet? (Col mentioned how to do it some months ago?) like he said it shows to the investors the assets that you have invested in the business….
keep an eye on the archant local media (EDP24 etc) as they often mention stuff about grants…
October 11, 2006 at 10:22 pm #1091973BioTech wrote:Yes, that’s the same stance that banks seem to have. I’m planning to ask the princes trust too, but I know for a fact that they don’t have a lot of cash spare at the moment.princes trust business start ups have an upper age limit of 30 (i think)
duno how old you are :shy:
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