Vinyl Sales at an all-time high
Wednesday, November 13, 2013 at 1:00PM 
Thanks to a few huge albums this year in particular, overall vinyl sales in the U.K. (and beyond) are at an all-time high. In fact, the numbers are so impressive that they're taking over benchmarks established 10 to 12 years ago. And it's likely that you (yes, you, the reader) played a role in that. You see, it's the latest albums from Daft Punk ('Random Access Memories'), Arctic Monkeys ('AM'), and David Bowie ('The Next Day') that have had such a profound impact on the sales of vinyl in 2013.
According to reports from this past October, more than 550,000 vinyl albums have been sold to date. The last time that mark was reached? Way back in 2003, and it's likely to break the 700,000 point if sales continue like they have. That would break the previous total amount set in 2001 and bring in around £12 million in revenue. As impressive as that news is, it's even better when you consider that vinyl sales are up 100 percent compared to 2012, which means they have continued to rise and rise this past decade.
It's not just the medium itself that is seeing a jump in sales, either. According to the NME, independent record shops in the U.K. have seen their overall sales rise 44 percent compared to last year because of this increase in LP purchases. This has all happened amidst an actually decline in total music sales, too. Compared to the first half of 2012, the same period in 2013 saw a drop in music sales of 1.5 percent. That's not a lot, sure, but it's still noteworthy considering how much independent stores have benefited.
A big player in the vinyl sales game is Record Store Day, of course, which brought in £2 million during the single-day LP celebration. Since its inception in 2007, this holiday for record lovers has increased in size and popularity thanks to the sale of rare and limited-edition items. Many of them can only be purchased on that day, though you'll often be able to find them hours later on sites like Discogs at an inflated rate.
Vinyl isn't the only seemingly "antiquated" (read: or "for old people only") product out there that's found new legs amongst a younger audience. The same goes for poker, which saw a huge boost in popularity in the early portion of the 2000s. While we might not hear about it as much now compared to then, that doesn't mean it's fading away. In fact, one report states that the average age for poker players has dropped from 55 to 25 as of late. The reason being that so many young people are getting involved with online gambling. Signing up at casino.betfair.com, for example, takes no time at all and you're able to start playing poker—or a host of other games like slots and roulette—within minutes.
What older trend could be next? We'll have to wait and see. For now, we're interested in watching just how much longer vinyl sales continue to break their own records (no pun intended) in the years to come. In fact, who's to say that more benchmarks won't be shattered by the end of 2013 what with the release of new projects by huge acts like Arcade Fire and Paul McCartney, among others. The former's latest effort, 'Reflektor', is actually the number-one album in the U.K. right now, so that should definitely help push this year's total figure a bit.
Note: The sales figures mentioned in this article are according to the Official Charts Company and industry group BPI. Thanks to a few huge albums this year in particular, overall vinyl sales in the U.K. (and beyond) are at an all-time high. In fact, the numbers are so impressive that they're taking over benchmarks established 10 to 12 years ago. And it's likely that you (yes, you, the reader) played a role in that. You see, it's the latest albums from Daft Punk ('Random Access Memories'), Arctic Monkeys ('AM'), and David Bowie ('The Next Day') that have had such a profound impact on the sales of vinyl in 2013.
According to reports from this past October, more than 550,000 vinyl albums have been sold to date. The last time that mark was reached? Way back in 2003, and it's likely to break the 700,000 point if sales continue like they have. That would break the previous total amount set in 2001 and bring in around £12 million in revenue. As impressive as that news is, it's even better when you consider that vinyl sales are up 100 percent compared to 2012, which means they have continued to rise and rise this past decade.
It's not just the medium itself that is seeing a jump in sales, either. According to the NME, independent record shops in the U.K. have seen their overall sales rise 44 percent compared to last year because of this increase in LP purchases. This has all happened amidst an actually decline in total music sales, too. Compared to the first half of 2012, the same period in 2013 saw a drop in music sales of 1.5 percent. That's not a lot, sure, but it's still noteworthy considering how much independent stores have benefited.
A big player in the vinyl sales game is Record Store Day, of course, which brought in £2 million during the single-day LP celebration. Since its inception in 2007, this holiday for record lovers has increased in size and popularity thanks to the sale of rare and limited-edition items. Many of them can only be purchased on that day, though you'll often be able to find them hours later on sites like Discogs at an inflated rate.
Vinyl isn't the only seemingly "antiquated" (read: or "for old people only") product out there that's found new legs amongst a younger audience. The same goes for poker, which saw a huge boost in popularity in the early portion of the 2000s. While we might not hear about it as much now compared to then, that doesn't mean it's fading away. In fact, one report states that the average age for poker players has dropped from 55 to 25 as of late. The reason being that so many young people are getting involved with online gambling. Signing up at casino.betfair.com, for example, takes no time at all and you're able to start playing poker—or a host of other games like slots and roulette—within minutes.
What older trend could be next? We'll have to wait and see. For now, we're interested in watching just how much longer vinyl sales continue to break their own records (no pun intended) in the years to come. In fact, who's to say that more benchmarks won't be shattered by the end of 2013 what with the release of new projects by huge acts like Arcade Fire and Paul McCartney, among others. The former's latest effort, 'Reflektor', is actually the number-one album in the U.K. right now, so that should definitely help push this year's total figure a bit.
Note: The sales figures mentioned in this article are according to the Official Charts Company and industry group BPI.
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