Jack Doyle and Ed Oldham talk us through their Sound Records vinyl shop and their decision to cap the prices of their records
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00:00And this is Sound Records, yeah?
00:08The downstairs of Sound Records is also upstairs as well and we moved here about three years
00:15ago. Before here we had a little shop down in the old Peter Louis building, sort of outgrew
00:20that and now we're here.
00:23So the price of everything in life is going up isn't it? So it's sort of just our way
00:28of trying to mitigate the increase in price on our customer really, trying to make it
00:34so it's not so unacceptable or unreachable for a lot of people. We're always getting
00:40new people in here and if their first view of a record is like 30 odd pound, 40 pound
00:44they might be like, whoa! Whereas for us it's like, we've seen it since the start, it's
00:49been like when we first opened it was like 20 to 25 pound and now it's like 30 to 35
00:55and we just want to try and keep it below that 40 mark if we can.
00:58A couple of years ago with the start of the war, Russia and Ukraine, oil prices shot up
01:05and vinyl is a by-product of the petrochemical industry and all of a sudden we were finding
01:10that sometimes we were having to pay a price for a record that we used to be able to charge
01:14people didn't we? So things have kind of settled down a little bit since then but that's one
01:20factor and also just the popularity isn't it? Popularity and demand of certain artists
01:25and just records in general. It's become a much more popular thing over the last 10-15
01:31years and the popularity only ever seems to increase as well.
01:34So it does get busy in here and we're still here, 7 years down the line, 2018, 8 years
01:39nearly. We're still here and people keep coming back and I think what keeps us here is returning
01:47customers and regulars and that's what's really important and that's what we're always
01:51trying to do and that's another thing with trying to keep the prices down is trying to
01:54be fair to everyone.
01:55Because at the end of the day it's a business but it's a community as well and we've become
02:00friends with people that come in here regularly and some of the kids in particular, people
02:06that we first met as teenagers, they've now gone through high school, the upper part of
02:10high school, they've gone to uni, they're back on the island and a lot of them get involved
02:14in music as well, don't they? So yeah, you're seeing people grow up as well.
02:19Just give it a go. There's absolutely no harm in trying. If you try and you fail, you're
02:25back where you were at the beginning so you might as well give it a go and try it and
02:28play with other people because it's amazing how quickly you develop by playing with other
02:32people. It's hard to do but just jump by the bullet and go for it.