by Jokeblue » 18 Nov 2014 18:56
(First off, just like to say thanks to you guys for replying haha)[quote="Stuntddude"][quote="Jokeblue"]I probably will end up doing so though, for maybe just like a dollar per track or something cheap.[/quote]
$1 per track is actually quite a lot to ask. A dollar for a single is to be expected, but a ten-track album typically won't go for more than $7.[/quote] sorry yeah I did kind of mean it as single releases. Also just looked up the Ozzy dollar to American, and $1 oz is actually like $0.8 something American. So when you say that a dollars still a lot t ask, I dot know maybe I'm just seeing it from my Australian context where you really can't get much for a dollar. Even the basic charge for songs on iTunes is $1.69, and the lecturers at uni think that's more than fair price. So idunno, maybe it's just context for each of us here.
[quote="Stuntddude"][quote="Jokeblue"]But seriously, music's been devaluated so much.[/quote]
Welcome to capitalism. More people are making music than ever before, which means fewer people can profit from it. Aren't unregulated market dynamics just great?
On the other hand, look on the bright side - while music has become cheaper than it used to be, each individual person is buying a lot more on average, a smaller percentage is being taken by labels now than before, and digital downloads mean that physical distribution no longer takes up a large chunk of that price, while even physical copies benefit from ever-plummeting CD production costs. So, all things considered, musicians are actually still making a comparable amount of money to what they did before even though prices have dropped and sales are being spread thin among a larger pool of producers.[/quote]
Yeah, true, and that's a fairly good point.
[quote="Stuntddude"][quote="Jokeblue"]Even my band without my opinion on the matter has set the bandcamp price of our ep to free. A 6 track Ep for free. I mean yeah you can still pay for it if you want, but who will?[/quote]
Surprisingly more people than you'd expect. When I put my album up on bandcamp for free, roughly 1/3 of the people who downloaded it chose to pay money for it anyway, at an average of of ~3.70 USD per person. And if bandcamp's statistics are to be believed, customers on bandcamp [url=https://bandcamp.com/help/selling#pricing_performance]pay an average of 50% more than the minimum price for non-free albums anyway.[/url][/quote]
Really? I didn't know this and I'm glad you pointed it out. That almost flips my main point over and instead says its the audience who should place the value on the art and not the artist, and that's kind of a better way to look at it, actually. Just thinking now, it's easy to have the mind set of "music shouldn't cost so much and music should be free" and know that at some point when I was younger I did think like that once. But once I started to actually make music and see how much time and effort goes into the creation of a piece of music, it's fair to empathize with an artist on the worth of a song. And the modern independent musician (round australia, atleast) don't seem to ever ask much more than $10 for a cd with $5 being a common price, I say hey, fairs fair, overall they're not really asking for a lot. Of course that's for a physical setting though. Buying albums and eps from bands in the local scene is great and it's good to support your local musicians like that. But when it comes to digital pay what you want formats of course the worth of your music is dependent on the mind sets of the audience, like your point seemed to gear towards. I just didn't know that it can be as successful as band camp and you say it is. I dunno. Maybe just more people think differently than I thought.
[quote="Stuntddude"][quote="Jokeblue"]But come on, let's not kid ourselves. Despite what we say we still want to in the least be [i]heard[/i] or recognized for the work we've done in someway. Despite the fact that we/I may write something for fun or as an emotional release or [i]something[/i], it's still, really, really nice to be recognized for what you've done.[/quote]
But the issue here is that you're equating $$$ with appreciation, which is not really a fair assumption. Many musicians [u]genuinely are happy just to know people are listening to their music[/u], and are willing to give it out for free as a gift to that end. [url=http://areographe.bandcamp.com/]Some people[/url] even refuse to take donations toward their music. They're not "kidding themselves" as you seem to believe, they just don't think of music as a career or as an avenue for profit.[/quote]
Sorry, reread my post an I can see how it really easily implied that I meant bucks = appreciation. This kinda wasn't what I was trying to say in this point. What I was trying to say was literally what I typed there - that people who make music want to be heard, and want to know that some people are listening to you and enjoying your work. Due to the overall point of my initial post, which was my thoughts on the statement made by FL Brony "I don't think my musics worth paying for" which lead me to "if we really put the work into this, shouldn't we have some say as to what it's worth?" Which then again really easily and obviously led towards monetary values, and probably really implied a point of "everyone ACTUALLY just wants money for their music" which kinda wasn't the case for tha segment. Yes, again, my overall post were kind of observations, opinions and questions on the depreciation of the value of music but also a question as to whether the artist should change their opinions on how much they value what they've done. I know a lot of people legitimately enjoy just making music and having people listen to it and I agree that having some one say that they actually enjoy what you've made is the greatest feeling in the world. But what I was gearing towards was the attitude of those who want to sell their music but change their minds because they think "no my musics probably not worth it" or "no, other might not see the value in it that I do" and whether we should change that type of mindset. But you and ironhelm both brought up the very good notion of it being the audience who ultimately decides the worth of our music, which I at the time of writing my post had failed to consider.
[quote="Stuntddude"]Should you put your music up for a price? Absolutely, if you want to! Price it at however much you think it's worth, whether that's 10 cents or 100 dollars. You control your own business model and the great thing about self-publishing is that those decisions are nobody's to make but your own. But don't try to make others do the same if they don't want to. And certainly don't blame the people who are putting theirs up for free if your own isn't commercially successful.[/quote]
I'm sorry if it seemed like I was forcing ideals upon others or anything like that :c I meant for the post to be a discussion on the topic (which it has been brilliantly so far), and I certainly don't blame those who put music out for free for any sort of other peoples commercial failings.
[quote="Captain Ironhelm"]*ramble engaged*
[quote="Stuntddude"]
Should you put your music up for a price? Absolutely, if you want to! Price it at however much you think it's worth, whether that's 10 cents or 100 dollars. You control your own business model and the great thing about self-publishing is that those decisions are nobody's to make but your own. But don't try to make others do the same if they don't want to. And certainly don't blame the people who are putting theirs up for free if your own isn't commercially successful.[/quote]
I'd recommend pricing it to however much the [i]customer[/i] thinks it's worth. Simple A/B testing is a great way to find out what your customer base is willing to pay. This would be done with something simple like charging $12 on an album release and $5 on the next, testing to see how well a discount sale goes, etc. (If traffic volume is high enough, you can even profit off of free releases through ad revenue with places like youtube, adsense, adfly, etc.!)
[quote="Jokeblue"]But seriously, music's been devaluated so much.[/quote]
It's important not to value yourself according to how others value themselves. I know a web designer that charges $100 for a site, and another designer that charges $5000. Each do quite well, but they both figured out what worked best for themselves.
A million schmo's give their music away for free thinking that's all the marketing it'll take to make them "famous". Ok, great for them whatever they can keep their day jobs.
That doesn't mean you can't cut your own path through the clutter, build and connect with your audience and build your own value. A friend of mine in 3 years was able to build his audience to the point where his latest album made over 20k USD in sales.
You can't trust solely on talent taking you to success in this day and age. Maybe you could just send a tape to a record company 50 years ago or some other over-used strategy that worked once and that's all it'd take, but it's a different world now. You have to think of it like a business person, a freelancer, an entrepreneur. Somebody wants to make money off of something, well then act like it and build the business.
*vanishes like Batman*[/quote]
Really well said and I enjoy your contribution thoroughly. Your points on not valuing yourself by how's value themselves is really good and I'm all for the positivity of self worth.
You've both given me a lot more to think on and consider within this topic and I'm glad and thankful you've contributed your ideas as well.