Larry Mitchell is a classically trained violinist who has been helping musicians of all stripes become more successful in selling their music. He works in marketing for Mixonic, an online CD duplication firm specializing in independent musicians.
Selling CDs - $500 a month.
It sounds like a good trick doesn’t it. Selling your CDs has never been more accessible to the independent musician. We will do the math and figure out how to make $500 a month from sales of your CDs.
We could wave a magic wand and poof, it would happen but in this realm here we need to plan and have a strategy in place to drive those CD sales.
There are numerous sources of CD income. First take a look at selling your CDs by yourself literally from person to person. Start by bringing CDs and setting up a sales table at your gigs. Have someone take care of selling while you are performing. If you work a minimum of say six times a month and sell 5 CDs at $10 a piece at each gig there is $300.
There are several online outlets such as CDBaby, TuneCore, Amazon, even eBay that will sell your CDs. If you are getting on average of $7 a CD from these online outlets and sell twenty CDs that is another $140.
Okay time to start selling around town. Make your stops at every local record store outlet and drop off your CDs. Perhaps you will make $7 per CD. In a month target a minimum of 20 CDs sold; that is $140
We are already up to $580. Why stop there. Are there any swap meets, or craft fair in or nearby where you live. A good day’s work there selling a minimum of 10 CD’s less what you pay as rental fees for the space and you are still making a profit.
Have you thought of calling corporations, charities, even local governments to see if they want to give away your CDs as special favors. Here you will not make as much per CD but still we are talking cash flow and its all good!
You see it does not take long to get to $500 and beyond applying a little bit of planning and initiative. It is up to you to move your CDs however, in todays world wide marketplace it has never been more inviting and feasible to make money selling your CDs. The ideas presented here are only a few. Give it some thought and then sell baby sell!
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