Making money from your music by selling CD’s and MP3 downloads has never been easier thanks to the power of the internet. Whether you have pressed a few hundred CD’s or just recorded a live version of your gig, its now possible to have these sold online in independent CD stores, or in the case of MP3’s sold on iTunes, Rhapsody, E-Music, Amazon and many other top music download sites, without any help from a major record company.Learn more about them at Digital Music Distributors.
There are a number of independent companies that are termed as ‘Aggregators’ for the big online music stores, and what they effectively do is group together all the independent artists music for the major download stores, and deliver each week a total bundle of content to them. They also take care of collecting the money from the stores when your tracks are sold, and pass this money to you.
Some aggregators will take a small percentage of each sale and send you the rest; this is of course to cover their service costs such as staff costs to deliver your music, time etc. Some aggregators however prefer to take a small upfront fee and let you keep all of the money that the store pays the artist. Bear in mind that the online store also takes a cut from the sale of your music, but in reality you can end up earning up to 60 cents on each track sold on a 99 cent download. On top of this downloads do not need the large upfront cost of pressing that selling CD’s requires, so any money earned from the sale of MP3’s ensures you make a profit from your music much quicker.
If you do have CD’s that you have pressed and you want to sell them online, it can be difficult and expensive to set up your own web shop, and as there are businesses with all the technology in place already, why not take advantage of their services and let them do all the selling and money handling, whilst you just collect the cash!