During “Retail Innovators” at 2018 Summer NAMM, Tony Schreiber of Pedal Genie discussed his company’s unique business model with NAMM President and CEO Joe Lamond. Founded five years ago, Pedal Genie is a subscription-based effects pedal service. (Think Netflix for pedals.) It’s also part of Florida-based music retailer Gear Hero HQ.
According to Schreiber, Pedal Genie’s model works because of a deep, shared pedal inventory with Gear Hero HQ. Also, pedals are small, durable and, as he put it, “value-dense.” In other words, they’re readymade for a subscription retail model. “And co