So a mere matter of days after my last piece on the struggling high street, I woke up this morning to more news of high street stores experiencing a drop in like-for-like sales in comparison to the same time last year, with HMV delivering particularly disappointing figures marked by sales being down 8.2% in December 2010. It is disappointing, too. Of the bigger chain music stores, I always preferred HMV (although Andy’s records had the edge for a while both in terms of pricing and range). First and foremost, they carried a broader selection with less mainstream releases sitting alongside the chart material. And, while a tad pricey, their range of back-catalogue titles was far superior to Overprice / Virgin.
But rather than work to their strengths and make a virtue of their difference, HMV followed the template of its competitors and having killed off the (albeit limited) vinyl section in favour of calendars and games, continued over a lengthy period of time to reduce the music stock – to make room for more games, DVDs and gadgetry. When the music occupies the smallest portion of a music retailer’s floor space, you have to ask questions. HMV’s struggling is an example of how diversification can be counterproductive, and rather than appealing to a broader customer base, can serve to alienate the one already established. How can a music retailer seriously expect to compete in other markets already dominated by specialists. More often than not, gamers will head to somewhere like Game for games, just as you’d probably go to a clothes shop for clothes, a bookstore for books, an electrical store for electrical goods – unless, of course, they go to the supermarket for the whole lot. After a while, I stopped asking questions and also stopped going in, because each time I did I found myself leaving empty-handed and frustrated because they never had the title I was after in stock. I’d invariably end up purchasing my music on-line because I couldn’t source it anywhere else.
I don’t for a second mean to suggest that I’m responsible for HMV’s declining sales (and I certainly played no part La Senza, the purveyors of slinky lingerie, being called into administration with a loss of 1,300 jobs, prompting headlines such as ‘Lingerie firm goes bust’ etc.), but while my musical tastes may be ‘minority’, there are many other minorities just like me, and collectively, they represent a substantial market.
As mentioned in passing in my previous piece, it’s not just music that I have problems tracking down, and it’s not always obscure items I struggle to find in shops either. As if to prove the point, only this week I decided I wanted to get a desk lamp. As my desk also happens to be the dining table and space is of a premium, I figured a desk lamp that clamps onto the shelves to the side of the table would be the best bet. But could I find one anywhere? Working out of time, my choices on a lunchtime were limited, but there is an Argos superstore and BHS Home Store (yes, British Home Stores Home Store) which specialises in goods for the, er, home, rather than home and clothing. A quarter of the store is given to a lighting department, but unless I wanted a lime-green desk-lamp with a regular base I was out of luck. That is, unless I wanted a ludicrously glitzy lamp shade with dangling glass bits all over it, which I most certainly didn’t. Argos carry a much more substantial range of desk lights, from bendy to angle-poise, but the only clamping ones are LED lamps, which just don’t give off enough light. I’d still need to put on the main ceiling light to see my screen, which defeats the purpose of a desk light I can angle in my corner without illuminating the whole room. Really, how hard can it be to find a simple item like a clamp-fitting desk lamp that takes a proper, regular bulb?
The answer is that it’s not hard at all. Five minutes on-line and I found I was spoiled for choice. Even so, on-line shopping is no substitute for real shopping as it’s often hard to get a sense of the precise dimensions or appearance of an item – you can’t ‘feel the quality’ from a description and photo, however detailed. Thankfully, it transpired that a local independent store I pass on my way through town after work had the best selection of all. Once again, hooray for the independents!
A clip-on desk lamp, earlier today
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2 thoughts on “The Changing Face of Consumerism XI: Back Down on the Street, or, Going for Bust”
HMV – they should change their name to WH Smiths. They definitely share the same silly retail strategy.
Good point well made. In attempting to cover all bases, WHS really lacks a strong identity. For that reason – and also the extremely limited range of, well, everything they do stock – it’s the last place I’d think to go for anything, be it a book, a CD, stationery or a card, and I stopped buying magazines a long time ago. It’s also ridiculously expensive. In fact, what is the point of WH Smith? And why is it always so busy?
I did – quite bafflingly – receive a WH Smith voucher for Christmas last year. I spent a long time wondering what on earth to use it on, and eventually left with some pens, because they do at least stock the Pilot V5 I use, and they’re not cheap anywhere. Nice pens though.