What
You Can Learn About CD Sales from Prince?
© 2004 Bob Baker
The Maestro of Minneapolis is at it again. Perhaps you've heard.
Anyone who buys a ticket to Prince's current concert tour automatically
gets a copy of his new "Musicology" CD (released on his
own indie label).
Here are a couple of links to news stories that cover it:
http://makeashorterlink.com/?Y5D323D48
http://makeashorterlink.com/?L1A322D48
This sales technique is controversial within the industry because
SoundScan is allowing every copy purchased with a concert ticket
to apply toward sales charts. Prince is now showing up on charts
higher than he has in many years. Some people think it's unfair;
others think it's revolutionary.
Forget the SoundScan angle for a moment. What a great marketing
tactic. I'm sure the costs of the CD are figured into ticket prices,
so there's profit built into the equation. Plus, the more people
who own the CD and play it, the more other people hear it -- which
boosts additional sales at retail and on the Web.
Perhaps you're reading my mind ... How can you use this tactic
for your own music? Not so much to inflate sales figures, but to
get your recordings into the hands of more fans.
Perhaps CD Release Parties where the cost of admission includes
the CD itself. Or how about gigs with two separate cover charges
-- one with and one without the CD? Or ... buy the T-shirt for $15
or $20, get the CD for no additional cost.
You get the idea. Keep thinking, and find a way to make this work
for you. Just don't go changing the name of your band to some ancient
Egyptian fertility symbol :)
Reprinted from Bob Baker's The Buzz Factor, featuring marketing
tips and self-promotion ideas for songwriters, musicians and bands
on a budget. For details, visit http://www.TheBuzzFactor.com
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