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|Thursday, August 20, 2009|
In the past few years, vintage technologies such as manual cameras and vinyl records have enjoyed a resurgence in popularity among 20-somethings and teenagers who grew up inundated by digital technology, and it’s helped several Portland stores that cater to these niche markets survive.
Blue Moon Camera and Machine sells manual cameras and refurbished manual typewriters. In the last year and a half, Blue Moon owner Jake Shivery says he’s seen a huge interest among students, hipsters and artists.
“People want to get as far away from digital cameras as they can because that’s the establishment,” says Shivery.
This has helped Blue Moon’s revenue remain stable, though it’s down slightly from 2008. The film processing aspect of business also continues to grow. But camera shops are not recession-proof. Citizens Photo is relocating to a cheaper space because of a drop in sales.
What people find appealing about manual cameras is the physical process of adjusting settings and using film to create a distinctive photo they can’t make digitally. This appreciation of tactile experiences is shared by those who buy vinyl records. They enjoy physically putting a record on the player, listening to the sometimes scratchy music and turning the record over. Though manual cameras’ market remains narrow, vinyl has gained mainstream popularity throughout the state in the past few years.
This popularity has helped boost sales at music stores, though it can’t make up for the decline in CD sales. Record sales make up 15% of revenue at Portland-based Everyday Music. Owner Scott Kuzma expects that percentage to increase. He also thinks the music industry will ruin vinyl’s popularity by continuing to hike prices.
“With new vinyl you’re paying more than for a new CD and that’s actually inhibiting sales,” says Kuzma.
Mississippi Records makes 90% of its revenue from records and revenue is currently flat over last year. It’s one of four stores in Portland that sells primarily vinyl. In owner Eric Isaacson’s opinion, Portland’s scrappy youth culture helps support sales. He’s also seen more teenagers purchasing records; so has Trina Brenes, co-owner of Ashland-based Music Coop.
“If you spend your entire day in front of your computer and listening to your iPod, it’s isolating,” she says. “[Teenagers] are now listening to LPs at someone’s house together as a social event.”
Though records and manual cameras remain a niche market, as long as there’s a culture that appreciates tactile experiences, shops like Blue Moon and Mississippi Records will find a customer base for their vintage technologies.
Friday, July 18, 2014
BY JASON NORRIS | OB GUEST CONTRIBUTOR
Back in May, we shared a common Wall Street quote about investing, “Sell in May and go away.” Fast forward to July and the most common question we have been getting from clients is, “When is the market pullback going to occur?”
Tuesday, July 08, 2014
BY LINDA BAKER | OB EDITOR
The New Yorker recently published a sharply worded critique of “disruptive innovation,” one of the most widely cited theories in the business world today. The article raises questions about the descriptive value of disruption and innovation — whether the terms are mere buzzwords or actually explain today's extraordinarily complex and fast changing business environment.
Update: We caught up with Portland's Thomas Thurston, who shared his data driven take on the disruption controversy.
Tuesday, July 01, 2014
BY HANNAH WALLACE | OB BLOGGER
Demand for organic food continues to soar: Last year, sales of organic food rose to $32.3 billion — up 10% from 2012. In Oregon, organic produce wholesaler Organically Grown Co. has been championing organic growing methods for four decades.
Thursday, July 10, 2014
BY TOM COX | OB BLOGGER
Tom Cox interviews Dr. Mark Goulston, author of Just Listen, Discover the Secret to Getting Through to Absolutely Anyone.
Tuesday, June 03, 2014
Citing the transition to catch shares management as a key to rebuilding stocks and reducing bycatch, 13 species caught by the West Coast trawl fishery today earned designation from the Marine Stewardship Council (MSC) as sustainable.
Thursday, July 24, 2014
BY CLIFF HOCKLEY | OB GUEST CONTRIBUTOR
With the increasing retirements of Baby Boomers, a massive real estate shift has created a significant increase in demand for NNN properties. The result? Increased demand has triggered higher prices and lower yields.
Wednesday, July 09, 2014
BY LINDA BAKER | OB EDITOR
Scott Kveton, the CEO of Urban Airship is taking a leave of absence from the company. As the story continues to unfold, here’s our perspective on a few of the key players.
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