CE Pro Podcast #77: Stereo Barn Reflects on 50 Years in Business

Episode #77
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Summary

Charlie Bock first started hanging out in his dadโ€™s retail store as a teenager and has never left. Decades later Stereo Barn is celebrating its 50th anniversary and the companyโ€™s story is a microcosm of the evolution of consumer electronics retail to custom integration.

โ€œStereo Barn was founded by my father. He opened the business in 1971 in his retirement,โ€ reminisces Bock. โ€œMy father had worked in the consumer electronics industry in the 1950s and 1960s for companies like Zenith Westinghouse. And he decided he wanted to open up a retail stereo shop. He had never worked in the retail side of the industry. It was a real gamble to open up a stereo components store in 1971 in a rural area, in an old barn-like building, in the middle of cornfields. It’s not something I would even do today. I used to hang out there as a kid and into my teenage years. It was a cool place to be. If you couldn’t be in a rock band, working at a stereo shop was the next best thing.โ€

In 1985, Stereo Barn got its first taste of custom installation when a customer was renovating an old mansion in the area and wanted audio throughout the house.

โ€œI looked at the project and he asked if we could do it. I said, โ€˜Of course we can do it. We had no installation department; we had no workers but we designed and engineered a system, pulled all the wiring through the house and put in an excellent sound system. That customer is still a good friend and customer to this day,โ€ recalls Bock.

Stereo Barn Showroom Mimics a Home

Today, 80% of Stereo Barnโ€™s sales are installation dependent, even if they are made in the showroom.

Bock says the retail storefront has been a great place to showcase product and custom installation of systems well beyond just audio and video, but lighting control and whole-house control.

The showroom itself is designed to replicate a home. It has a kitchen, living room area, home theater that would be typical of a basement, a sports bar, an outdoor area, and several listening areas, including a McIntosh 2-channel listening space. The sports bar area is used for sales consultations.

With a full working kitchen, Stereo Barn can host special events for top clients and others. Bock says the amazing element of having a great showroom is that companies, like financial firms and others, actually reach out to Stereo Barn to have their events held there.

โ€œI used to think that I would have to pay to get these people to come in,โ€ exclaims Bock. โ€œThe showroom has been a very valuable part of our sales efforts.โ€

He cites lighting control as a great example of how the showroom leads to additional sales. He says it is very rare for a customer to come into the showroom looking specifically for lighting control. They come in for audio and video mostly. But when the lighting control is shown to them in a somewhat-scripted demo, โ€œit opens peopleโ€™s eyes,โ€ comments Bock.

Being a family-owned business and staying involved in the local community are key elements to Stereo Barnโ€™s success.

โ€œPeople are so used to a homogenized experience at those big-box merchants or the anonymous experience of purchasing things online that they value supporting a local business,โ€ he notes.

Bockโ€™s daughter Meredith is also part of the business as the companyโ€™s lead technician.

โ€œShe’s a valuable asset. It is kind of funny because I’ve always been proud of being out in the community and Iโ€™ve worked on a lot of boards and a volunteer. One day someone came up to me and said, โ€˜Excuse me, are you Meredithโ€™s dad?โ€™ I realized, โ€˜wow she’s an asset.โ€™ This personable young lady who is technically capable and goes into people’s houses and amazes them. Sheโ€™s like a public relations asset. So we’ve promoted the fact she’s the third generation and the granddaughter of our founder.โ€

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Summary

Charlie Bock first started hanging out in his dadโ€™s retail store as a teenager and has never left. Decades later Stereo Barn is celebrating its 50th anniversary and the companyโ€™s story is a microcosm of the evolution of consumer electronics retail to custom integration.

โ€œStereo Barn was founded by my father. He opened the business in 1971 in his retirement,โ€ reminisces Bock. โ€œMy father had worked in the consumer electronics industry in the 1950s and 1960s for companies like Zenith Westinghouse. And he decided he wanted to open up a retail stereo shop. He had never worked in the retail side of the industry. It was a real gamble to open up a stereo components store in 1971 in a rural area, in an old barn-like building, in the middle of cornfields. It’s not something I would even do today. I used to hang out there as a kid and into my teenage years. It was a cool place to be. If you couldn’t be in a rock band, working at a stereo shop was the next best thing.โ€

In 1985, Stereo Barn got its first taste of custom installation when a customer was renovating an old mansion in the area and wanted audio throughout the house.

โ€œI looked at the project and he asked if we could do it. I said, โ€˜Of course we can do it. We had no installation department; we had no workers but we designed and engineered a system, pulled all the wiring through the house and put in an excellent sound system. That customer is still a good friend and customer to this day,โ€ recalls Bock.

Stereo Barn Showroom Mimics a Home

Today, 80% of Stereo Barnโ€™s sales are installation dependent, even if they are made in the showroom.

Bock says the retail storefront has been a great place to showcase product and custom installation of systems well beyond just audio and video, but lighting control and whole-house control.

The showroom itself is designed to replicate a home. It has a kitchen, living room area, home theater that would be typical of a basement, a sports bar, an outdoor area, and several listening areas, including a McIntosh 2-channel listening space. The sports bar area is used for sales consultations.

With a full working kitchen, Stereo Barn can host special events for top clients and others. Bock says the amazing element of having a great showroom is that companies, like financial firms and others, actually reach out to Stereo Barn to have their events held there.

โ€œI used to think that I would have to pay to get these people to come in,โ€ exclaims Bock. โ€œThe showroom has been a very valuable part of our sales efforts.โ€

He cites lighting control as a great example of how the showroom leads to additional sales. He says it is very rare for a customer to come into the showroom looking specifically for lighting control. They come in for audio and video mostly. But when the lighting control is shown to them in a somewhat-scripted demo, โ€œit opens peopleโ€™s eyes,โ€ comments Bock.

Being a family-owned business and staying involved in the local community are key elements to Stereo Barnโ€™s success.

โ€œPeople are so used to a homogenized experience at those big-box merchants or the anonymous experience of purchasing things online that they value supporting a local business,โ€ he notes.

Bockโ€™s daughter Meredith is also part of the business as the companyโ€™s lead technician.

โ€œShe’s a valuable asset. It is kind of funny because I’ve always been proud of being out in the community and Iโ€™ve worked on a lot of boards and a volunteer. One day someone came up to me and said, โ€˜Excuse me, are you Meredithโ€™s dad?โ€™ I realized, โ€˜wow she’s an asset.โ€™ This personable young lady who is technically capable and goes into people’s houses and amazes them. Sheโ€™s like a public relations asset. So we’ve promoted the fact she’s the third generation and the granddaughter of our founder.โ€

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Strategy & Planning Series
Strategy & Planning Series
Strategy & Planning Series
Strategy & Planning Series
Strategy & Planning Series
Strategy & Planning Series
Strategy & Planning Series