Thursday, April 15, 2010

How Many Music Sales Equal Minimum Wage?


You probably can't read the chart on the left, but it truly is an eye opener. It was created by Stan Schroeder and posted on Mashable yesterday. The chart describes the number of sales of various music product required to make a monthly wage of $1,160, or the minimum wage that you'd likely make at Micky D's.

Let me outline what the chart says. For more detail, see it at Mashable.

To make the minimum wage for one month, or $1,160, you need to sell:

143 self pressed CD's (income $8 each)

155 CD's from cdbaby (income $7.50 each)

1,161 retail CDs with a high-end label royalty rate (income $1 each)

1,229 iTunes album downloads (income $.94 each)

1,562 MP3 downloads via cdbaby (income $.74 each)

2,044 MP3 downloads via cdbaby via iTunes (income $.57 each)

3,871 retail CDs, with a low-end label royalty rate (income $.30 each)

12,399 individual track downloads from iTunes or Amazon (income $.09 each)

849,817 plays per month on Rhapsoday (income $.0022 each)

1,546,667 plays per month on last.fm (income $.005 each)

4,549,020 plays per month on Spotify (income $.00043 each)

This makes working at McDonalds start to look like a wise career choice. Still want to try to make music for a living?

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Follow me on Twitter for daily news and updates on production and the music business.

Check out my Big Picture blog for discussion on common music, engineering and production tips and tricks.

Wednesday, April 14, 2010

4 Twitter Search Alternatives

Last week in a post I touched on the importance of hashtags (placing a # before a keyword) in your tweets as well as the using Twitter searches to find the proper keywords. One of the sites that I use and like, hashtags.org, has shut down (too bad), so let's look at some alternatives.

1) search.twitter.com is more of an all-purpose Twitter search site. If you're looking for any keywords related to hashtags, be sure to place one in front of your search term (like #keyword). If you select "advanced search" you can make your search even more granular.

2) Twellow is a Twitter yellow pages directory. It's interesting in that if you search for a keyword, you'll get the profiles of users with that keyword in their profile based on who has the most tweets.

3) Tweetstats and Tweetstats Trends are a good way to look at not only what your personal stats are, but also the latest trends on Twitter.

4) Trendistic is another Twitter tool that will show you the hottest trends of the day, week or month, as well as how any particular keywords are trending.

I hate to say it, but that's about it. Search.twitter.com is the closest thing to hashtags.org, but you have to remember to insert the hashtag before your keyword. Remember that a quick look at both the searches and trends before you select a keyword can make a difference in your Twitter traffic and ultimate attraction to new followers.
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Follow me on Twitter for daily news and updates on production and the music business.

Check out my Big Picture blog for discussion on common music, engineering and production tips and tricks.

Monday, April 12, 2010

Your Site Speed Is Now A Factor In Search Ranking

sitespeedGoogle has over 200 criteria for site ranking, but the newest appears to be how fast everything on your site loads. What's unusual here is that Google actually announced it, since it tends to keep the ranking factors as a closely guarded secret.

The speed criteria has been rumored for months though, and now that it's been confirmed, it's one more factor to consider when building your website. The reason? Users love fast sites, and fast sites have a higher engagement that slow sites.

Google measures the speed two different ways:

  • How a page responds to Googlebot
  • The load time as measured by the Google Toolbar

All that being said, relevance is still the number one factor for site ranking. What is relevance? The site name, metadata, and text copy of the site all match in relevancy to a search. For instance, if the site name is "jeffbecktributeband.com" but the site really tries to sell you insurance, there's not much relevancy there and it will be penalized. Even if the jeffbecktributeband.com site is trying to sell you tickets to Jeff Beck shows, it's still not about a JB tribute band, so even though it's more relevant, it's still not to relevant to someone who's searching for a Jeff Beck tribute band.

So make sure all of your graphic files are small (30 to 50k is about right), and keep any video hosted through YouTube so it all loads fast. Google's too smart for even the smart SEO guys, so play by the rules and don't try to game the system.
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Check out my Big Picture blog for discussion on common music, engineering and production tips and tricks.

Sunday, April 11, 2010

Digital Music Numbers Drop After Rise In Price


Music insiders said it would happen and the numbers show that it finally has. As predicted (see my previous article), after the major labels raised the track price of their most popular digital hits from 99 cents to $1.29, digital sales have declined for the first time ever.

According to Nielsen SoundScan (who tracks all physical and digital sales for the industry), the drop was only a little less than 1 percent, but it was certainly symbolic that the shortsightedness of the major labels has soured one of the few remaining bright spots of a suffering industry.

So why did they raise them in the first place? First of all, it was a power play against Steve Jobs and iTunes. The major labels have always hated the fact that a computer company was not only setting the price for their product, but distributing it as well. The second reason was that they figured (wrongly it would seem) that they'd make more money from the same amount of downloads since they never believed that the sales would decline. Even if they did, it was thought, they'd make the same money with fewer sales.

While this may be true, it's simply a bad idea from the longevity standpoint of an artist. In Music 3.0, you want as many fans to buy in as possible, not fewer. Sure, many will just illegally download the music anyway, but many won't because of the hassle factor involved. The more involvement from the fanbase, the better for everyone.

Regardless, raising the prices on a product that's not a necessity during a severe recession doesn't make much sense no matter what industry you're in.

That being said, the labels do have some really smart people working for them who could really change the landscape of the business if they were only given a chance. That just might be too much to hope for, I'm afraid.

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Follow me on Twitter for daily news and updates on production and the music business.

Check out my Big Picture blog for discussion on common music, engineering and production tips and tricks.

Thursday, April 8, 2010

Find Keywords With Google's Wonder Wheel

Google has a great feature that just about nobody knows about called the "Wonder Wheel." It's a visual way to find related keywords (and keyword phrases) quickly and easily. Here's how it works.

1) After you do a normal search, click on the Show Options button just above the first page rank as in Graphic 1.




2) Now choose the Wonder Wheel option from the list options as in Graphic 2.






3) A Wonder Wheel will appear with your chosen keyword in the middle of the wheel, and different keywords at it's spokes, as in Graphic 3.




4) If you click on any of the keywords at the spokes, a new sub-wheel will appear with additional keywords, as in Graphic 4.


One of the reasons that you want additional keywords is that Google now looks at keyword diversity as well as keyword density in your copy text on a web or blog. Therefore, the more related keywords you have, the more it will improve your search ranking.



Follow me on Twitter for daily news and updates on production and the music business.

Check out my Big Picture blog for discussion on common music, engineering and production tips and tricks.

Wednesday, April 7, 2010

Online Radio's Takeover - Part 2

Last April, I posted an article on my Big Picture blog entitled, "Online Radio's Takeover" that outlined how online radio was gaining listeners at the expense of traditional broadcast radio. Now a year later we have a new survey from Bridge Ratings that illustrates just how quickly the shift is occurring, this time with a bit more granularity.

The figure on the left shows that people are listening to a lot less AM/FM radio these days, down from 22 hours per week in 2005 to 18 in 2010. Why has that figure declined? Because Internet radio now attracts more than 60 million listeners a week (predicted to rise to 77 million in a couple of years), putting a real dent in AM/FM listenership. But what's not shown in this chart (but was spelled out in other data by Bridge) is the fact that, although all listeners are listening to more online radio, it's the 18 to 24 demographic that now listens the most. And because they listen to more online radio, they listen to a lot less traditional broadcast radio.

Let me explain why that figure is important to artists, musicians, bands, labels and anyone who makes their living (or hopes to) in music:

1) Broadcast radio was always the biggest form of promotion of a record. You needed airplay to get a hit. If the very demographic that listens to your music isn't listening to AM/FM radio, why do you need to worry about radio at all?

2) Record labels always had two major jobs (forgetting about producing the product for a moment) - distribution and promotion. If your market doesn't listen to radio anymore, but a label is only good at that kind of promotion, why do you need them?

3) If more and more people are listening to online radio, and it's easy for you to get on it (either on the large stations like Pandora or any of the hundreds of small specialized stations), why do you need a label to do something that you can easily do yourself?

4) Because there are so many small niches served by online radio, it's much easier to build an audience than ever before. If you want to listen to only Saharan Cowboy music, you can program a station or find a dedicated one just for that music.

5) Here's the exception - you do need traditional radio if you blow up on your own online to the point that the only way to go to the next level is with the traditional marketing and promotion that a label is really good at. Good for you if you get there, but that's probably not a realistic goal to most artists and bands.

If you've been reading this blog, you know that there's a lot more that goes into distributing, promoting and marketing yourself beyond the points listed above. The main idea here is that to promote yourself, you need airplay. You can get that airplay yourself and for free online. And what's even better, that's where your audience is right now, and that audience is growing by the day.


Follow me on Twitter for daily news and updates on production and the music business.

Check out my Big Picture blog for discussion on common music, engineering and production tips and tricks.

Tuesday, April 6, 2010

The Ramifications Of A Lower Priced Rhapsody

As you may know, I'm a big proponent (along with a lot of industry pundits) of subscription music. It just makes so much sense for all the parties involved. It's a steady income stream for the artists, publishers and labels, and it's definitely a lot better for the consumer. Why download and fill up your hard drive when you can have every song at your fingertip anytime and anywhere? You can read a lot more about the advantages and disadvantages of subscription on my previous post.

Subscription hasn't hit critical mass yet, but it's used every day by a lot of people world-wide. Spotify is used by over a million subscribers in Europe, and Rhapsody, MOG and Napster together have over a million subscribers in the States.

Now comes word that Rhapsody (who last week was just spun off into a separate company by its owners - Real Networks and MTV) is lowering the price of a subscription from $14.99 to $9.99 a month. Why is this important? Because $9.99 is thought to be the magic price point where consumers feel comfortable paying a monthly fee. Why pay $10 for only 10 songs via download when you can have millions for $10 via subscription?

But Rhapsody was also forced into action. It has about 675,000 subscribers, but that's actually a decrease from last year, and both MOG and Napster offer $5 plans. But the real reason may be to strike before the 800 pound gorilla in the industry (iTunes, of course) introduces their hypbrid-subscription service, where you can put all your music in the cloud (their servers) and easily access what you don't already own. There's been no firm date for it's introduction, but industry insiders firmly believe it'll be sometime this year.

Subscription also holds promise in both the mobile industry (some can't fit all their music on a smartphone), and the possible licensing to various ISPs, which might end up just being an industry pipe dream.

That being said, it's important to stay tuned to the subscription story, since it has major ramifications for musicians and songwriters as well. How so? Most record label and publishing contracts don't account for record label income from subscription yet. There could be a lot of money that makes it into a label's pocket, and not yours.


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Check out my Big Picture blog for discussion on common music, engineering and production tips and tricks.

Monday, April 5, 2010

7 Website Mistakes Artist's And Bands Make

As I wrote in a number of previous posts, having a website is important to any artist or band. It's not enough to have just a Facebook or MySpace page anymore, a dedicated site is needed if you really want to control your message and build your tribe. Here are a number of common mistakes that artists and bands make when they don't pay careful enough attention to the dedicated sites.

1) No contact info. This is the worst offense of all. You can have a website that looks great and has tons of great stuff about the band, but it will all be for nothing if people can't reach out and touch you. This means they can't send you an email to book you for a gig, to ask you to exchange links, to become your fan, to buy something, or to complain about something. Music 3.0 is all about communication with your tribe, so displaying your contact info so it's easy to find is job #1.

2) No mailing list registration. If you don't have a mailing list, now is the time to create one. It's the main way to reach out to your tribe. Consider it your marketing arm for telling your fans when you have a new release or when and where you'll be gigging. Make this really obvious because it's one of the main reasons for having your own website. Check out this previous post for more info on mailing lists.

3) No easy way to purchase your music. It has to be both obvious and easy to buy one of your tunes or CD's. Don't make someone go find it. Either sell it directly from your site or have a direct link to iTunes, Amazon, CDBaby or any other distributor you're using. Make sure you go through the process yourself to make sure the process is completely easy and seamless.

4) Too much information. Don't make the pages of your site so loaded with photos and text that they're difficult to read. Try to keep the text down to 300 to 400 words, and make sure there's a lot of white space. Check out some of the artists and bands you really like for ideas.

5) Bad links. Everyone hates bad links. Your fans will loose interest and Google will penalize you in the search engine rankings. That's why it's important that every link works on your site, and every incoming link to your site work as well (which is a given, because you won't even have visitors if the links are bad to begin with).  Consider the "Error 404 Not Found" prompt as the worst thing that can happen on your site.

6) Bad email address. Almost as bad as a bad link is a bad email address that bounces. Fans find this very disrespectful. Sending them to an email address that you never check is almost as bad. Make sure that the address works and is forwarded to the address that you check every day. Make sure you answer any email within 24 hours.

7) No Press section. While not having a press section on your site is not fatal, having one is a sign of professionalism and will be a big help to anyone trying to book you or write about you. See this previous post for more about what your website press section should be.

These are mistakes that usually result from not giving your site enough attention in the first place. They're easy to correct and totally necessary to avoid in order to maintain and build your tribe, and facilitate any marketing and sales efforts.



Follow me on Twitter for daily news and updates on production and the music business.

Check out my Big Picture blog for discussion on common music, engineering and production tips and tricks.

Sunday, April 4, 2010

6 Free Tools For Measuring Your Online Buzz


You can do all the social networking, friending, tweeting, and emailing you want, but if you don't have a way to measure how you're doing, you can never be sure that what you're doing is working or not. This can lead to a lot of extra work, taking up the time that you'd normally use to do the thing that you really want to do - make music.

That's why measurement tools are so important. You can instantly see what kind of reach that you're having from your efforts so you can operate more efficiently. Here are 6 free tools that will give you a surprising amount of information. I personally use them all and find them extremely useful.

Google Alerts (google.com/alerts) - This service sweeps the web and sends you an email whenever it finds a mention of your designated keyword phrase or phrases (your band name, for instance). You'll be surprised where you show up.

Twitter Search (search.twitter.com) - Acts much like Google except that it searches Twitter for any keywords or phrases.

Hashtags.org - I posted about this the other day. It's different than Twitter Search in that it looks only at a keyword preceded by a hashtag (#). You can read my article for more info on hashtags.

Who’s Talkin (whostalkin.com) - This service looks at blogs, Twitter and the news for your keyword. It differs from Google Alerts in that it doesn't send you an email since it works more like a traditional search engine.

Stat Counter (statcounter.com) - I love this one. Once you register with them, they give you a piece of html code to put on your site or blog that then provides statistics about who visits. It seems a lot more accurate than what you get from the statistics of your website (and you don't get much in the way of statics for most blogs anyway), and the info is really granular in that you can almost drill down to see the very house of one of your visitors if you want.

Tynt Tracer (tynt.com) - This one's similar to Stat Counter, except that it traces images and text that’s been copied off your site. Once again, when you register they give you a piece of code to put invisibly on your site. If someone copies some text, a Creative Commons notification will come up with the paste, telling both the copier and his readers where the text came from and under what provisions that it can be used.

I'm sure that these aren't the only free measurement tools out there, but they're the ones I use every day and find useful. I'm sure you will too.

Follow me on Twitter for daily news and updates on production and the music business.

Check out my Big Picture blog for discussion on common music, engineering and production tips and tricks.

Thursday, April 1, 2010

Billboard Magazine Introduces Digital Charts

It's about 5 years too late, but Billboard magazine (once the bible of the music business) has finally introduced new digital download charts ranking the top songs in 21 specific genres, compiled from data gathered by Nielsen SoundScan.

Each week Billboard will include six 15-position charts representing digital sales, with rock, country, R&B/hip-hop and Latin running each week and two other genres rotating. All charts appear on billboard.biz, where Billboard's charts are refreshed each Thursday.

Billboard has had a general chart for digital songs and digital albums, but dividing it into different genres  is something really needed and too long in coming.

While chart position is all well and good, the real information that everyone wants to see are the sales figures. You can get these if you pay the hefty fee and subscribe to SoundScan (but who can afford a 5 figure subscription rate these days), but for physical product at least, you can still go to the Hits Daily Double and see the new sales chart every Tuesday. Be warned, it might not be pretty on some weeks, as sales figures can be really dismal sometimes.

Maybe Hits will also give us digital sales soon as well. We can only hope.

For production news, tips and tricks, check out my Big Picture blog.

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Wednesday, March 31, 2010

Unhelpful Advice

You read a lot of so-called "helpful hints" all over the web that say things like "don't suck" when referring to one of the keys that will make you successful in the music business, but I think statements like that are completely unhelpful. What sounds like moving furniture instead of music to one person may be the melody of angels to someone else, so who's to say just what is bad and what isn't?

The idea of Music 3.0 is that there are and will be many more micro-genres that cater to small but passionate believers in a very specific type of music. It might be progressive polka or it might be alien space-lounge music, but the beauty of the the online world is that there's someone out there that probably likes what you're doing and will be your fan if they can find you. Your audience may not be an army, yet. But if you keep persevering you can break through to a larger audience over time. Keep in mind that your audience, your superfans, your tribe, grows a single fan at a time regardless of where you're at in your career.

Now it never hurts if you're technically proficient on your instrument and in recording, but there are plenty of examples of somewhat sloppy players with limited technical chops that have become icons because of their passion and their ability to play within their limitations really well. For a good example, check out the DVD of the movie "It Might Get Loud" featuring Jimmy Page, The Edge and Jack White. There are a couple of short examples on my Big Picture blog from last week. The first post is called "It Might Get Loud - And It Does" (notice the anchor text, which is the topic of a previous post), and the second is "It Might Get Loud Again - Dynamically So."

The point is, do what you feel in your heart, but do it the best you can and with as much passion as you can. The audience is out there. Finding them, or them finding you, is the hard part, but that's what this blog tries to help you do.

For more on music and music production, check out my Big Picture blog.

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Tuesday, March 30, 2010

The Importance Of Anchor Text

Many artists and bands (and even web designers who should know better) fail to realize the importance of Anchor Text. What is anchor text? It's the highlighted text that you use as a link to another site or page. The reason why it's important is that these words can determine your page ranking when someone does a search since they carry more weight with Google than the other text on the page.

Here's an example of bad use of anchor text (forgive the gratuitous plug):

"To read my Big Picture Blog, click here."

"Click here" doesn't mean anything in terms of search. Do you think anyone will ever search for "click here?" Well, someone might (actually 879 million searches), but where do you think you'll rank? Even if you luck out and somehow wind up on page 50, you're still so far back in the search results that it won't do you any good.

A better use of the anchor text would be:

"Click here to read my Big Picture Blog."

Big Picture Blog makes much better anchor text and will take advantage of the way Google weights copy text. You can use your band name, song title, or anything else that's relevant to get the best results, but a relevant keyword or keyword phrase is always the best. Just remember, anything is better than click here.

And I really would like for you to visit my other blog regarding music production called The Big Picture. And you can follow me on Twitter to get daily updates on posts to both blogs as well as other music items that hopefully you'll find interesting.

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