By Rob Barbour
May 7, 2015 17:00
"I try as hard as I can to buy music from independent stores," says Alisha, 17. "If I travel anywhere and I’m able to visit a smaller store I will definitely go and pick up a few [records] and I try to buy online from smaller labels and sellers, like Ambition and Monkey Boy Records."
Despite growing up in the streaming age, during which MC Larsâ prescient 2006 assertion that âmusic was a product, now it is a serviceâ has come to full fruition, Alisha still pays for her music. And she buys it on vinyl.
âI think having something physical is a lot nicer than just buying over iTunes and some of the variants and packaging are absolutely beautiful. I just donât feel like you get that from just a CD. A vinyl collection is something to take pride in.â
In other words Alisha is the prime demographic for Record Store Day, which depending on your view is either an annual celebration of independent music retailers or an outrageous global manifestation of the phrase âmoney for old ropeâ. There are countless think-pieces out there about the impact of Record Store Day, positive and negative, but the fact is that on Saturday 18 April independent record shops up and down the country had queues round the block. Even fully-fledged post-grads with PhDs in disillusionment from Jaded University would have to admit that this is A Good Thing.
Oxfordâs Truck Records opened at 8am and was serving customers coffee from their in-house coffee bar as the queue stayed in place for over 2 hours, the shopâs tiny retail space simply not sufficient to hold the wax-gobbling hordes. An employee at Rise Records in Worcester told me it was the busiest Record Store Day heâd ever seen. A cynical corporate wallet-gouge it may well be, but itâs that rare breed: one that injects a much-needed dose of stimulant into thousands of independent businesses around the world, a functioning example of the otherwise specious model of trickle-down economics.
The main driver of this sudden demand for 12 square inch plastic bags? Record Store Day Exclusives. Limited-edition variants, one-offs and represses, released on RSD and only available in stores. First-come, first-served. Footfall for the shops, profit for the label and the artist, and an often-beautiful collectable for the fans. Provided, of course, you can actually get to a record store. And even then, you have to get there before the other twenty people in your town who want that limited-edition picture disc every bit as badly as you do.
For Alisha, her must-have purchases for this yearâs Record Store Day were those by Manchester haircut pioneers The 1975: 4 clear vinyl 12â EPs, each limited to 500 copies in the UK. As I stood in Rise Records the next day, alternately perusing their leftover RSD stock (including 5 or 6 copies apiece of said EPs) and salivating over the American candy on display in the shop directly opposite, some âenterprisingâ individual was cheerfully creating an eBay listing for the full set. The âBuy It Nowâ price? £125. Conservatively, thatâs a 300% markup on their retail price. Conservatively.
Iâm picking that price because thatâs what Alisha had agreed to pay before responding to a message I posted on Twitter regarding the shopâs overstocks; that was by no means the most expensive listing for them. Or for any Record Store Day exclusive. To pick a few examples more relevant to the Punktastic crowd, you can currently pick up Biffy Clyroâs âPuzzleâ for a cool £80; Brand Newâs âDeja Entenduâ is listed for upwards of £250 and Every Time I Dieâs limited-edition 7â is going for £50, or over £7 per inch. No, vinyl may not be sold like carpet but thatâs still a ridiculous ratio and indicative of something very, very wrong.
Author Ian Rankin, a vocal supporter of vinyl and – to a lesser extent – Record Store Day, tweeted the day after Record Store Day that heâd counted over 800 listings for RSD15 exclusives on eBay. And thatâs before you open the Pandoraâs box of price-pumping that is Discogs.
“The price that I paid for those records was insane. [But] these records hold a special place in my heart and I have been praying that someday they would finally press them onto vinyl so when I found out about them being part of RSD I had to get them no matter what.”
Itâs this passion – the fire that drives people to support bands, and to start bands, to buy music and to play music – that powers the music industry. But Record Store Dayâs best intentions have created a two-tier market, where the vast majority of the financial benefit is seen not by shops or by artists but by random eBayers preying on this attitude. How long can that possibly last? How many times do you have to miss out on a release, or get legally mugged via Paypal, before you just decide âscrew itâ and spend that £125 on a year of Spotify and a couple of cans of cider?
And let me be clear: Iâm not attacking the collectorâs market, or resellers per se. One of the most expensive records Iâve ever bought is a limited-edition 45 RPM U.S. pressing of Fleetwood Macâs âRumoursâ, because we are all doomed to become our parents. This edition was an RSD11 exclusive which sold out instantly.  I bought mine almost four years after its release, brand new and sealed, and certainly donât begrudge the guy who sold it to me the £10 or so he made off it for having the foresight to buy two copies then deciding several years later to divest himself of one of them.
No, my issue lies with the sheer, cold-blooded greed of people going out on Record Store Day with the express intention of buying releases they know will sell out quickly, thus increasing their scarcity and, like a vinyl DeBeers, creating the market gap they subsequently exploit by listing them immediately. Itâs not just passion on which these scalpers are preying. Itâs also a variant of that 21st Century ailment known (to awful, awful people) as FOMO. Fear Of Missing Out. Ironically, rather than being encouraged to make the trip to a new town/record shop to find an RSD exclusive, younger music fans are taking straight to the internet and paying these hyper-inflated prices while stock still sits on shelves unsold. As record shops revert from resembling the opening scenes of âSaving Private Ryanâ and the dayâs dust settles, so too do the eBay prices.