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Raleigh Piano Market booming


IBruton

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I'm sure that most forumers here don't follow the piano industry much. But, as a professional musician, I know there is much to be learned from the sales of competing piano manufacturers.

Basically, pianos are broken down into five tiers.

Many of the highest end (tier 1 & 2) pianos are now represented in the Raleigh market:

These brands include:

Mason & Hamlin, Fazioli, Bosendorfer, and Steinway (with C. Bechstein soon to arrive)

Tier 3 & 4 include:

Yamaha, Kawai, Baldwin, Schimmel, Estonia, Petrof, Schulze Pollman, Boston, and Pramberger

and then there are various tier 5 (mostly chinese) pianos.

Here is the point:

Typically, most of the Tier 1 and 2, and to some extent, tier 3, manufacturers only have dealers in select large cities. For Raleigh to be represented with so many brands, it goes a long way to suggest that we are becoming a mecca for culture and fine arts. What a great stepping stone for a truly diverse metropolitan area!

It also says something about the education and income levels of people living here. Some of these pianos can cost well over $100,000!! With the average price of the brands listed costing around $45,000! One has to make some pretty good money to purchase a piano that costs that much!

What do you think?

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