With a number of people adapting to the digital space and getting comfortable with streaming music online, you might think CD’s sales are draining. Well that’s not the case, a report revealed by businesstech shows that one of SA’s giant music store; MUSICA is still making good sales off CDs.
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With a total of 115 stores in Mzansi, MUSICA gets a good 39.5% of their overall turnover from CD sales, then 23.5% on DVDs , 18.8% on gaming and 18.2% on technology.
The report further revealed that MUSICA commands 68.1% of the total market share in the country, however their turnover on DVDs saw a decline of 3.1% on past six months.
So let’s hear from you, Do you still buy CDs/DVDs regularly or you are comfortable with streaming? Leave your comment below.
SOURCE: businesstech