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Anyone can join the discussion and contribute relevant articles to Music Think Tank.  Begin by signing up and then logging in to publish your posts directly to MTT Open. Please make sure that your posts are in the proper format before posting (see previous posts) and that there are minimal errors such as grammar or spelling. Popular articles are occasionally moved to the front of the site. Contributors own and operate this blog (more info).

Entries in music sales (10)

Monday
Jul222013

Thom Yorke vs. Spotify: Rebel Without a Plan 

More subscribers, more problems. As Spotify continues to grow, in both users and catalog, so do its detractors. Thom Yorke and producer Nigel Godrich recently took a stand against the streaming music service, citing that it’s “horrible for new artists.” 

We’ve seen this before.  The Black Keys recently refused to put their newest album “El Camino” on Spotify citing its detraction from album sales.  

There’s a common thread here.  Only established bands who have already made their money are the ones taking the stand against streaming music.  New and upcoming bands are more willing to cast a big net to get ears to their music. It’s been proven time and time again that artists make more money off touring than album sales, so why not do everything you can to maximize your exposure to potential new ticket buyers?  

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Thursday
Mar212013

How to Make Money Selling Recorded Music

I’ll tell you the secret to selling music:

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Friday
Feb152013

What Does an Indie Get Paid? #1: iTunes

I’m doing my taxes this week.

If it helps you maintain my “image”, imagine I’m A.) really sad about it, philosophically pondering how Western Civilization and Capitalism got to the point that I, one whose job it is to write poems and sing them so that we can momentarily forget about these things, am sitting at a computer figuring up royalties to the .000000000000001th decimal point. (this part is actually true.) and B.) Not wearing glasses and my hair looks super cool. (this part is not true.)

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Thursday
Sep132012

How To Sell Your Music On iTunes - The Important Facts Some Leave Out

Hey guys, this is a follow up to my guide on how to sell your music on iTunes and Amazon MP3. In that guide I looked firstly at the process of digitally distributing your music online, and secondly at what you need to do once your music is on there. This second point I don’t think I looked at in enough detail however, so want to talk more about it today.

 

While getting your songs and albums on to these big online stores is a good feeling in itself, if you want to actually makes sales of your music, getting your music on iTunes is only a small part of what you need to do. Let me explain.

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Wednesday
Jul112012

The Rise Of Vinyl

Sales of vinyl records are up in the United States and I have a theory on why some of us are going analog.

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Tuesday
Mar272012

10 Sales Tips For Artists

When it comes right down to it, we’re all selling something. Every day, we’re selling our products, services, brand and our personal selves over and over again. As an artist or band, you have to be aware that sales are a big part of your equation for success. Here are 10 sales tips that can help you not only increase your revenue, but your fan base as well.

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Tuesday
Mar202012

Fan Friction - How The Internet is Failing Artists by Adam Bernard

The internet has a million ways to communicate, and a million ways to sell things, but it’s failing when it comes to creating fans. The reason for this is that there are very few fan experiences on the internet.

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Friday
Jan202012

The Music Business Is Not Dying

We read so much doom and gloom about the record business every day that it’s easy to think that pretty soon the whole thing will come crashing down. Cheer up. It’s not as bad as you think.

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Friday
Apr082011

5 Psychological Principles To Help You Sell More Music

In the past decades, dozens of books have been published about human behavior and the science of persuasion. These books reveal psychological foundations of many marketing-techniques and scrutinize how people make choices and how they are influenced. 

One of the classic books in this genre is Influence: The Psychology Of Persuasion. It’s written by the social psychologist Robert B. Cialdini and although it dates from more than 25 years ago, the book is still relevant today. It provides insights in psychological principles that can be applied to a broad range of fields, including music. 

As a musician or label-owner though, you might not have the time to immerse yourself in the psychology of persuasion. Therefore, to save you some time and to help you get acquainted with these essential principles, here are five proven psychological principles from Cialdini. Being aware of these techniques will help you with selling your music, your merchandising or tickets. Let’s get started right away with the first psychological principle!

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Wednesday
Jul072010

Why Music Should Never Be Given Away For "Free"

What you need, is a way to turn this seemingly one-sided transaction, into one that is mutually beneficial. You essentially want to continue charging for your product, but in a way that replaces value in terms of money with that of brand growth. Consider charging for your music using social currency, which would put you in the position to receive a tangible return that would increase your reputation and reach, rather than increase your bank account.

The following are a few different ways for you to charge for your music using social currency:

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