Exclusivity

Bit out there, but I was wondering if LAD did any actually paid promo campaigns? Same for Shaka & his BSOM? Are those sales/streams just by organic? In that case I'd say they are leaving money on the table. Probably not much, but the facts for the last 5 years are organic reach does wood. You want to sell, you got to pay for ads to reach people. (Even more now with bots flooding the space.)

$50,- for a digital release sound good in theory. In practive in my opinion it would undercut the original buyers. What would be the incentive to buy the physical if it just shows up cheaper later. Original buyers, if this was not communicated before hand, would feel slighted and thus not as motivated to invest in the next release. It's all in the agreement and communication that people that buy the original ticket know what they sign up for. Not saying I do not see your point in making an extra buck with a digital release after X time. Like a timed exclusive.

Add me as well

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Originally Posted by Shaolinmonk

I think that’s a very elaborate and well thought out way of looking at it. I get that the physical release being offered for only x amount, thus to be exclusive and retain some value makes sense. It’s always been that way. I do think a period of exclusivity and or offering later as a digital release for say $50 makes sense for both parties. I am sure a lot of die hards would think a 230-250 for a CD nowadays is not worth it, but $50 for digital, with unheard Wu tracks would be something I am sure could net you dozens more at no extra costs and maybe a couple thousand more. Maybe testing the waters on a digital release some time down the line would be interesting and beneficial to both fans who cannot afford / don’t want a physical product and the artist and in this case you as a producer who can make extra money, please more fans and get more people involved in future projects.

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I actually did offer this to a few people at half the price, but nobody wanted to. Most of them want the songs on Spotify and it simply doesn't make sense on there. Also, at this point, with many having purchased it, I feel it would only be right for the Collectors group to decide whether something should be made available digitally at a lesser price. They have invested much themselves and I would think it's fair for all of them to have a veto right on this. The other risk is that somebody buys it at a cheaper price just to leak it and to spite me or the set up which also wouldn't be cool for the Collectors.

It's a tough one to decide on but I will bring it into the group, see how everyone feels.

They've now heard what's the come in the near future so they will have to assess the value and investment of everything.

IG?

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Originally Posted by Jet Set

Bit out there, but I was wondering if LAD did any actually paid promo campaigns? Same for Shaka & his BSOM? Are those sales/streams just by organic? In that case I'd say they are leaving money on the table. Probably not much, but the facts for the last 5 years are organic reach does wood. You want to sell, you got to pay for ads to reach people. (Even more now with bots flooding the space.)

$50,- for a digital release sound good in theory. In practive in my opinion it would undercut the original buyers. What would be the incentive to buy the physical if it just shows up cheaper later. Original buyers, if this was not communicated before hand, would feel slighted and thus not as motivated to invest in the next release. It's all in the agreement and communication that people that buy the original ticket know what they sign up for. Not saying I do not see your point in making an extra buck with a digital release after X time. Like a timed exclusive.

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Agreed. It should be a decision made by the Collectors with a veto vote power for each collector

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Originally Posted by Cilvaringz

They've now heard what's the come in the near future so they will have to assess the value and investment of everything.

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What is the plan for the future? I’m still hesitating to buy this one.

I wouldn't be opposed to others having access to a digital version at some point. You could always take the BSOM approach and leave some of the "bonus" tracks off of the digital release, so those that bought the physical still have something specifically for them (and to justify the price)

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Originally Posted by Antonelli

What is the plan for the future? I’m still hesitating to buy this one.

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There's a good amount in the collection which is being seriously contemplated for ultra exclusive releases. Those who purchased the LA album will be entitled to those releases, and those buyers have had extensive listening sessions over the last week. Could be that some might share some of that experience, or not. That's totally up to them. But it is like an exclusive community in which one enters once purchasing the first release.

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Originally Posted by Cilvaringz

I think both camps here make a good point. You can look at it from a general perspective, but in this particular case of LAD, previous figures show sales within the range of 250-300 copies at $30 rate, on average. Spotify numbers don't bode well. There's a total of 125k streams at the moment, everyone can do the math there. Same at YouTube.

Best case scenario, you'd be looking at 300 copies x 25 USD net profit per record = $7500. That's what an independent artist would keep, out of which he/she would have to pay studio, producers, mixing, mastering, design, and eventually the rest could be seen as salary for the time it took to make the record.

It would be fair to say, and conclude, that the music we want from our hero artists simply wouldn't make economic sense in the slightest.

That doesn't take away from the consumer who for the most part has a family to take care of in a particularly difficult time in the world right now where everything is ridiculously expensive. That will always come first. And I don't think any consumer wants to see their favorite artists underpaid or out of pocket neither.

So it's a balance to be achieved which frankly is very difficult at this time.

The artists I work with simply do not push those numbers anymore. Our audience is very limited.

So in the end it becomes an economic decision where I will calculate a fair wage for my time away from my family to make music, my talent, and the value the end product can retain for the consumer.

And the general pool of our audience will likely not be able to afford such releases.

So in the end, I don't think there's wrong or right here, it is an individual calculation the supply chain makes that works for some and doesn't for others.

And as long as it's a non basic necessity such as exclusive music, it will likely go this way the harder it becomes to make economic sense of making music.

Happy to hear yall thoughts if you feel different or feel I missed something essential.

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I gotta say, anybody hating on this is just wrong. I spoke with cilva on IG regarding this COLLECTABLE (it's not just an album of music) and was honest that I can't afford the asking price right now. His response was, as always, respectful.
Almost nobody on this planet puts effort into their trade just to use it for free. Anybody hating on someone because they're asking for fair wages for the work that they did isn't being realistic.
The same reason some of us are choosing not to buy this is the same reason he's asking for the price he is, we all gotta feed our families.
I hope I get to hear the art someday just like OATIS but that's not gonna make me come on here and act a fool.
Dont hate, congratulate and appreciate.

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Originally Posted by trinking

I gotta say, anybody hating on this is just wrong. I spoke with cilva on IG regarding this COLLECTABLE (it's not just an album of music) and was honest that I can't afford the asking price right now. His response was, as always, respectful.
Almost nobody on this planet puts effort into their trade just to use it for free. Anybody hating on someone because they're asking for fair wages for the work that they did isn't being realistic.
The same reason some of us are choosing not to buy this is the same reason he's asking for the price he is, we all gotta feed our families.
I hope I get to hear the art someday just like OATIS but that's not gonna make me come on here and act a fool.
Dont hate, congratulate and appreciate.

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Appreciate that Trinking!

peace Cilvaringz, I would like to be added to the Exclusivity list please!

@djswarm360