More to explore:
The music Business is not a Business
Let’s say you’d like to make $80,000 a year from your music. And let’s say that your primary offer (your album) converts at 5%. That means that for every 1000 email subscribers you will sell 50 copies of your album. If your profit margin is $10 per album then you will make $500 per 1000 subscribers. So far your average subscriber value will be $0.50....
12 Days of Monetization: What Will it Really Take to Make Money from Music? – John Oszajca [DAY 8] | CyberPR Music