Discogs Marketplace Continues to Grow

Discogs released its 2017 State of Discogs report and it is all good news.  If you’re reading this you probably know what Discogs is and may have used it.  If not, it is an on-line marketplace for recorded music.  It is powered by a database with content being provided by a huge network of users.  While Discogs is primarily a marketplace to buy and see recorded music, it is also a great place to manage your personal collection and access it remotely.  I personally don’t use Discogs for selling my vinyl, but I do use it to record what is in my collection.  Given that I can’t remember everything in my collection, I can call it up on my cell phone a confirm that yes I do have that one before I purchase another one at my local thrift store.

Discogs has been a great resource for collectors for years and with the surge in interest in vinyl, Discogs is hitting new heights in interest and use each year.  The sale across all formats increased by 20.42% in 2017. with vinyl having the overall greatest volume of sales at  7,949,932, representing an increase of 18.81% compared to 2016.  While the volume of CDs and cassettes being sold on Discogs was lower than vinyl, both of these saw significant growth (28.39% and 29.54% respectively).

Pink Floyd’s Dark Side of the Moon is still hugely popular with collectors with the Master Release being the most collected on Discogs.  While Radiohead’s OK Computer broke into the top ten most collected of 2017.  Pink Floyd had three of their releases in the top ten and five in the top 100.  The Beatles had nine of their releases in the top 100.

While rock continues to be the most popular genre represented on Discogs with 445,890 releases added in 2017 and a total of 31,813,479 entries in this genre, classical entries experienced a 30.07% growth in entries.

A total of 1,360,424 entries were added to the database in 2017 representing a 4.18% increase.  Every month in 2017 saw more than 100,000 entries added.

Lots of albums are being bought and sold on Discogs but the most expensive was The Beatles, Love Me Do 7″ single promo going for $14,757.00.  That’s about what my Mom and Dad paid for their house in the mid-50’s.

So, collecting is alive and well.