Vinyl Me Please (store, exclusives, swaps, etc)

[MikeH]

Wow. 8 years of membership to be told in a generic email. Crazy.
My membership was due for renewal next month anyway so I guess this has made my decision for me.

"International subs will be cancelled because we keep spending too much money sending records to @Selaws that never actually show up."

 

[spilledleche]

what they're really doing is saying that their curation is worth roughly double what you could probably get something similar for in a store. while i'm happy they employ a dozen people, for the most part, their curation does not justify their markup

 

[avecigrec]

Funny that they Ghosted me on my conversation about the Sabbath album they owe me that they've said they had to cancel but I never got my refund for a few days before making this announcement...

 

[Selaws]

"International subs will be cancelled because we keep spending too much money sending records to @Selaws that never actually show up."

Just when I acquired a different address to send them too as well!

 

[avecigrec]

Omg can you imagine what local stores in Canada would have to charge for any ROTMS? They'll be like $100 each hahahaha no.

Yeah, they're about $89.99 when they show up at my local

 

[avecigrec]

Just when I acquired a different address to send them too as well!

Good thing you put in all that time and legwork fixing their problem on your own behalf. What a great "thank you"

 

[Rowan]

Just when I acquired a different address to send them too as well!

‘Just when I thought I was in… they push me back out’

 

[gcowgill]

Wonder what’ll happen to my referral credits

I'm pretty sure they can be converted into Bandbux.

 

[MadLucas]

I have $69 in store credits and then I am out.

Any suggestions on what to use it on?

 

[MikeH]

I have $69 in store credits and then I am out.

Any suggestions on what to use it on?

nice.

 

[jfitzy]

Welp. This makes me even happier with my decision to cancel yesterday! I’ve got Rocket to Russia (hopefully), Brown Sugar and the gospel set coming and then that is it. See ya, VMP.

 

[MikeH]

I'm pretty sure they can be converted into Bandbux.

i think they actually clarified that credits will be refunded to countries they no longer SHIP to, not countries they no longer do subs to hahahah.

so spend that credit while you're still a member @Rowan

 

[hatfieldpdx]

The going out of business sale is going to make the new pricing look particularly laughable.

 

[Andy]

What are they doing with store credits?

I see my option to add another track has been removed, but can still change my sub length

 

[MikeH]

What are they doing with store credits?

I see my option to add another track has been removed, but can still change my sub length

nothing. you'll keep them and international shipping will be available for store items, just will likely be crazy pricey to get stuff shipped to you.

I'd use the credits before your sub expires.

 

[max_stacks]

For annual subs, pretax, we’re looking at $44 a record. $4 more than Rhino High Fidelity and annual IVC. It’s common to see new releases at record stores at $40, and even Target/Walmart are rolling out $40-45 new releases. It’s not terrible just looking at that angle. Feels like they adjusted it higher so they won’t need another increase in 2025.

It will come down to curation, and it likely always has for most members. Certainly not going to take a chance on records at $44+ unless that’s immaterial to your vinyl budget.

 

[Andy]

nothing. you'll keep them and international shipping will be available for store items, just will likely be crazy pricey to get stuff shipped to you.

I'd use the credits before your sub expires.

That's pretty shit, it's a shame the ROTM's don't come up in the store until after three months.

 

[MikeH]

That's pretty shit, it's a shame the ROTM's don't come up in the store until after three months.

they said in the email that they are working to potentially have ROTMs for internationals come back same month in the store i think?

 

[Rowan]

I can’t help but think they’ve done me a favour. I was all for resubbing but it was really against my better judgement. I think I’d constantly have been sitting around waiting for the walls to come crashing in on my £400

 

[TenderLovingKiller®]

Looking back over all this, and I will say I am surprised they haven’t just pulled the plug at this point, but the turning point with all this seems to be the Record Plant, right? They were likely not in great health financially prior to the Record Plant, so they decided to throw a Hail Mary and build their own plant to hopefully cut out a big expenditure but they didn’t have enough capital to invest in plant to actually get the plant going and was instead of a savior it became a money pit that they chose to abandon. Now they are in the red and just keep cutting out chunks of the business in hopes that it will reverse their fortunes but they are bleeding out.

I just don’t see a path back to profitability. Even going back to them at their beginnings the potential for growth is now gone. There is no room for growth and in the late stage capitalism world we live in you grow or you die. My guess is they couldn’t find a buyer so they are just gonna keep going until the money is all gone.