The internet has led to changes that would have been impossible to understand just a decade ago. Buying a guitar in City Of Industry without hearing it is one such change. But keep a few things in mind when you do it and it can be a convenient way to score a good instrument at a good price.
There’s really two kinds of people who should be buying their guitars in City Of Industry, experts or really serious guitar players and beginners. The first group knows exactly what kind of guitar they want, and at that level of price and quality they can be assured that that particular guitar will be terrific. Beginners don’t really care as much, so long as it has six strings and can play. The truth is each guitar is unique as its made out of a particular sheet of wood that experiences conditions unlike any of its fellow models at the factory. Each sheet is alive, and guitars can age with grace or misery depending on how they’re maintained. This needs to be kept in mind when looking at a store in City Of Industry, but even still it’s possible to find great sale.
Are you looking to become a guitar reseller or open a guitar store?
I can tell you from experience that selling guitars is a fun and rewarding business to pursue. I love meeting musicians, helping to spread the music, and frankly, I just love being around guitars. Here are a few things to keep in mind if you're learning how to sell guitars:
The first thing to keep in mind when selling anything in large quantities is business licensing and taxes. First, make sure you keep a record of everything you've sold. When it comes time to pay taxes, you'll need to know the exact nature of the business you've done. One of the biggest worries with a start-up reselling business is getting audited by the IRS. In the event of an audit, the more information you can provide the better. As you begin to make a modest profit from reselling, make sure to set money aside for taxes. In many states, the buyer is required to pay sales tax for each transaction, and it's the seller's responsibility to set this money aside at the time of the transaction.
You will also need to obtain a business license. These are easy to acquire in most states for a small fee. In many states, a reseller business license will come with a Reseller Permit, with which one is able to purchase in bulk without having to pay a state sales tax. If you start selling a lot of guitars, such as more than 5 per month, then you should seriously consider obtaining a business license. Along with helping your business to be more accountable, it often earns you special rights and tax breaks that will help your business grow.
Finding Your Niche
There are many ways to sell guitars. Websites like Craigslist and eBay are great places to sell guitars, but they often have plenty of competition. Depending on where you're located, Craigslist might be a great way to spread the word locally. There are many people who are good at repairing, modifying, or parting out guitars (taking them apart and selling the parts separately). Your "niche" will depend partially on your location, but mainly it will depend on your passion. If you love talking to people in a private setting, Craigslist might be your best bet. If you love tinkering with and parting out guitars, you could consider selling parts on eBay, or to a local music shop. If you love the idea of opening up a storefront, or augmenting one you may already own with some quality guitars, maybe you're meant to be a guitar salesman. If you don't know which method will work best for you, it can never hurt to try things out. You'll never know if you don't try!
Opening a Guitar Store
Opening a guitar store can be a huge challenge, but it can also be very rewarding. With the recent interest in the internet and online retail, many guitar shops are going out of business. Guitar Center and Musician's Friend, two of the top guitar stores in the country, have grown so large that it's often nearly impossible to compete with them directly. That doesn't mean that it's not possible. When opening a guitar store, make sure you're offering a completely unique service. Whether your store has the perfect location, selection, staff, or pricing, it's imperative that your store has the perfect something. We are living in troubling economic times, but that doesn't mean that stores are closing for no reason. It simply means that, as the times change and technology evolves, so does the public demand for services. One must look at their business and be able to clearly see the areas in which they excel. Find out what makes (or could make) your guitar store great, and keep it up. Publicize your specialty, let everyone know what it is you do and why you're the best for them.
As I said before, there are many ways to sell guitars. One of the best things you can do when creating your guitar business is to think outside the box and be creative. With enough creativity, you can create a whole new way to do business and thus create a whole new market. Regardless of the state of the economy, consumers will always pay for something great, something they believe in. Your customers are people, and they get excited about new things. People love having fun, and they love watching things improve and being a part of the future. It's important to realize that your ideal guitar business model might be something that's never been done before, but also something that there's a huge demand for. Write a list of all the ways that you could sell guitars, then keep going, keep writing. No idea is too crazy. Creative businesses are the way of the future, and there's nothing stopping you from creating the top guitar business in the world.
Shop for Discount/Wholesale Guitars in Bulk
You may have a pretty good idea of what your guitar business will look like and how you will start it up. Now you need the product, and you need it at the right price. How do the big guitar companies do it? Sometimes they have invested millions of dollars in their relationships with major manufacturers, ensuring that they get the best exclusive deal on all the goods. Most of the time, they just have a smart business model. It's easy to get tons of musical equipment to sell, you just have to follow some strict rules, and pay top dollar. Many stores sell new, name brand equipment, and make 0% profit. The new equipment is just a way to get people in the door, and all of the profit is made from selling used equipment. This is just an example, but you should keep in mind that some products are made to attract customers, while others are made to give you the profits you're looking for.
Working With Manufacturers
If you plan on selling refurbished guitars, sometimes it's a great idea to supplement your inventory with new guitars directly from the manufacturers. Sometimes these guitars can be very difficult to acquire, and even more difficult to make a profit from, but they can definitely help get you some foot traffic (or internet traffic). Most manufacturers are more than willing to let you sell their products, assuming you follow their strict guidelines. For example, most will require you to have a storefront (which can't be too close to another authorized dealer), sell a certain amount of guitars per month, purchase a large amount of their products up front (often you will not be able to choose which guitars to purchase), and charge no less than the price they determine. For a small business, it can be rough. But if you know what you're getting into, working with manufacturers can be a great way to increase your business. If someone buys a new guitar from you, they're more likely to come back for another. If someone walks in your door to buy a new guitar, they might be open to getting a refurbished one instead. The more business the better, as long as you can meet all the requirements.
Care for the Acoustic Guitar
If you are getting ready to take the plunge into the world of electric guitars, brace yourself. There is a lot of information out there on brands, models, and styles of this sort of guitar - not to mention the myriad of accessories you can purchase to give you a complete package. For first time buyers, you'll need to understand some absolutely basic information on electric guitars.
First things first - you need to know what types are available. There are really three basic kinds: electric guitars, electric basses, and acoustic electric guitars. Before you jump right in and purchase one, take a look and a listen around you to determine which one has really caught your interest. You don't want to end up with something you did not intend to buy.
The electric guitar is what you typically see on television; it has six strings and can be played as a solo or accompaniment instrument in just about any genre of music. The electric bass closely resembles the electric guitar; however, it typically features four strings. This instrument is responsible for laying down those low bass lines, and once in a while, you'll see it featured in a killer solo. Finally, the acoustic electric is a versatile piece of musical equipment that doesn't have to be plugged in to generate sound. You'll see it on stage and at coffee houses frequently, as well as around the campfire or at church.
More Advanced Types
Now that you've got the basic information on this type of guitar, you need to know that there are some variations available. For example, there is the 12-string acoustic electric, which is exactly what it sounds like - an acoustic electric guitar with 12 strings instead of six. Another variation is a five stringed bass guitar. If you're a first time buyer, these are probably not what you are looking for, but it's important to know what is available.
When you purchase a guitar, there are a few additional items you might want to gather. One is an amplifier, especially if you've gone with a standard electric. You won't get any sound of it unless you buy an amp. Another thing you definitely need is a case to protect your gear. Guitar cases come in all shapes and sizes, and they are also available in hard and soft styles. The style is not as important as the fact that you need to protect your instrument from the elements, stray children, and clumsy Labrador retrievers. A few other items that will go well with your purchase are guitar picks and an electric tuner.
If you're purchasing your guitar from a reputable music store, the staff should be able to provide you with excellent information on electric guitars. Musical instruments are a serious investment, and not just in the amount of money that they cost. To master guitar playing, you'll need to spend time and energy on practicing. Take pride in your electric guitar, and you'll surely be happy with the results!
The internet has led to changes that would have been impossible to understand just a decade ago. Buying a musical instrument without hearing it is one such change. But keep a few things in mind when you do it and it can be a convenient way to score a good instrument at a good price.
There's really two kinds of people who should be buying their guitars online, experts or really serious guitar players and beginners. The first group knows exactly what kind of guitar they want, and at that level of price and quality they can be assured that that particular guitar will be terrific. Beginners don't really care as much, so long as it has six strings and can play. The truth is each guitar is unique as its made out of a particular sheet of wood that experiences conditions unlike any of its fellow models at the factory. Each sheet is alive, and guitars can age with grace or misery depending on how they're maintained. This needs to be kept in mind when looking online, but even still it's possible to buy.
Let's say you're looking for a vintage guitar. You know what an old Gibson ES125 will sound and play like because presumably you've played one before or you have a particular interest in that guitar. There is variety in each instrument, this truth can't be said nor emphasized enough, but you can count on quality guitar makers to make reliably good instruments. Most sellers are very upfront and compile a list of the defects, repairs, problems with the instrument. Typically they'll have close up shots of the damaged parts. This will convince you they're being pretty honest. It'd take a cynic to believe that they're listing the minor defects so to appear honest only so they can get away with a big, big problem. Check the seller's history on eBay. Many reputable music shops sell on eBay too, so if you can find out where they're located and learn more about their business this should help.
If you are a beginner looking for your first guitar the internet is useful too. Perhaps you want the bottom of the line guitar to experiment on to see if you might actually seriously take it up. Or maybe you want to find a good guitar at bargain prices. In this case, look for a company you trust and a guitar model you've played before or you know is really decent. There's no shortage of companies: Norman, Simon and Patrick, Art and Lutherie, Seagull. You don't want to buy a no-name guitar nobody's ever heard of without playing it, but the internet is full of people moving and desperate to get rid of what they can for a penny or people who don't know the value of what they have, and tapping into that is a good idea. Look to see if there's a way you can get your money back or some type of assurance that you'll be fully satisfied with your purchase.