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|Archives - September 2009|
|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.
Tuesday, February 25, 2014
BY JESSICA RIDGWAY
Ron Green became president and CEO of Oregon Pacific Bank in August 2013.
Tuesday, February 25, 2014
BY BRANDON SAWYER
Sales of small businesses surged in 2013 according to the biggest Internet marketplace of such transactions, BizBuySell, increasing to 7,056 reported sales, a 24% increase over 2012, when they dropped 7%. Portland Metro sales tracked by the site grew 9% to 73, capping three years of solid growth. On top of that, Portland’s median sale price jumped 67% to $250K, versus just 13% to $180K nationally. Portland was one of just six metros tracked where the median sale price matched the median asking price, with sellers getting, on average, 92% of what they asked.
Friday, March 14, 2014
BY TOM COX | OB BLOGGER
Five books that will make you a better leader.
Thursday, February 27, 2014
BY ERIC FRUITS
Because they have little chance of working for someone else, today’s teens need to be entrepreneurs. But, first, we must teach our teens that entrepreneurship starts small.
Friday, February 28, 2014
The 21st annual 100 Best Companies to Work For in Oregon list was announced Thursday night at an awards dinner at the Oregon Convention Center.
Thursday, March 27, 2014
BY JESSICA RIDGWAY | OB WEB EDITOR
Watch this OB Original Video about three Oregon companies and how crowd-funding "kickstarted" their business ideas.
Thursday, March 20, 2014
BY JASON NORRIS | GUEST BLOGGER
I don’t think anyone can (or should) remember what it was like to get things done without the internet. This milestone in technology has certainly benefited brick-and-mortar companies and subsequently launched a new era of businesses.
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