Top 3 Opportunities/Challenges Ahead for Musical Instrument Shops
Ad-ology Research recently updated their Industry Marketing Insights report for Musical Instrument Shops. The following are the predicted Top 3 Opportunities/Challenges from the report for this industry for the upcoming 12 months:
* There was an 8% increase in music dealers who sold sound reinforcement/recognition products in 2010 over 2009.
* Electric drums are experiencing a major increase in demand. Growth is attributed to many factors, including the quietness of playing, the increase in home music studios and the space-saving size and portability.
* Budget cuts continue to affect music education programs in schools across the country, which creates a challenge to many in the industry who sell instruments to schools and students.






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