Music Retail Industry Analysis
Netrivals provides a comprehensive music retail industry analysis by tracking global prices, stock availability and promotions of millions of products in the market.
Monitoring top music brands
Netrivals price intelligence platform contains data on millions of products belonging to lead brands like Boss, Marshall, Fender, Ibanez, Takamine, Gibson, Shure and Audio-Technica, among lots of other ones. The data gathered by the platform is displayed intuitively to provide retailers and brands with a detailed music retail industry analysis.
Our systems daily track and update the data on products from different music retail categories: brass and woodwind instruments, audio recording equipment, amplification and dj equipment, accessories, percussion instruments, orchestral stringed instruments, guitars and keyboards, as well as pianos and organs.
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Music sector at glance
Price dispersion in the music sector is remarkable, from small items at very low prices to exclusive guitar models that may cost up to $18,000. What is more, retailers in this industry are mostly big-box businesses with very competitive pricing strategies. In Europe, this has been the case of Thomann, now one of the strongest players in music distribution.
This sort of environment has made it critical for retailers, brands and manufacturers to find solutions for observing price evolution of products in the market. Here is where Netrivals can provide the information they need to help them improve their business performance and develop strategies to enhance their profit margins.