By Jeff Michaels
Unless you live under a rock, you are likely
aware that the music industry has undergone a fundamental
shift in the past ten years... or, has it?
Since, oh, let's say the beginning of Napster--you
remember the little file-sharing project designed by one of
my fellow Northeastern University alums (well, technically
Shawn Fanning dropped out in 1999 so we were only there at
the same time for a year), music sales have been in a steady
decline. First it was album sales that took a hit, then digital,
now the entire idea of purchasing music has become something
as antiquated as paying for local TV.
(Hmm, well, actually, that's even gone since
they stopped local analog TV signals on Friday June 12, 2009.)
Well, you get the idea. For children growing
up today, the idea that you actually need to enter a credit
card into iTUNES, or go to a record store to buy your favorite
band's latest CD is no longer something that even enters their
mind.
When I asked my younger family members who
are still in high school how they purchase music, I was met
with a blank stare.
"What do you mean? You just rip it off
of YouTube."
Oh. I didn't even know you could do that.
Sure enough, when I tried, I found it quite
easy to grab any tune I wanted right from a video on YouTube.
Oh, but surely that's just a single... if
someone truly likes a band they will then go to iTUNES or
the band's website and buy the full album, right?
Well, maybe. But more than likely they will
wait until one of their friends acquires the full album, then
sends it out to everyone in their address book via email,
Dropbox, or any other very simple file sharing method.
Oh, but of course, there are measures that
protect against that. DRM... and that thing iTUNES does where
you can only play an mp3 you purchased on iTUNES on five registered
computers. Sure--that's something. Yet chances are if a young
music listener can't get an album they want for free with
minimal effort, they aren't about to waste time making an
actual purchase. They are going to move onto the next band
that sounds fairly similar, and whose album they can stream
for free or just download in its entirety for free.
Which brings me to the original question--Should
artists give away ALL their music for free?
My vote? An emphatic no.
And here's why.
When you give something away for free, immediately
a consumer lowers the expectation of how good the product
is going to be. This is true of ebooks, CDs, movies... pretty
much any product.
Free movies on Netflix are NEVER as good as
the blockbusters that you have to rent on iTUNES.
If your uncle offers to give you his old car
for free, you would naturally assume it's a lemon... right?
When Radiohead first tried this approach with
their album, In Rainbows, offering it up to fans as a "pay
what you want" download, they set the stage for major
label bands to start giving away their albums. I'm not a huge
fan of Radiohead, but my immediate impression was that they
must have felt their album wouldn't have sold that many copies
and never would have recouped the millions of dollars of advertising.
For them, it didn't matter. They already had
a major fan base, and were touring the world. For the new
band just starting out, it might matter greatly.
Still, my impression of bands that immediately
followed suit were that there albums weren't up to snuff.
Has Springsteen ever given away a free album?
Tom Petty? The Beatles? Not to my knowledge. People are willing
to pay for quality.
However, for the independent artist trying
to make his or her rent, who hasn't yet hit the level of acclaim
as Springsteen or Petty, clearly expecting a public to buy
CD's when they rarely purchase music is a difficult process,
to say the least. And those few CD sales might very well mean
being able to buy groceries this month.
Solution? There isn't a one-size-fits-all
solution just yet. However, the tried and true marketing strategy
has been to offer SOME of your products for free to entice
new fans, or potential buyers, but not ALL. Giving EVERYTHING
you've ever done away is a mistake. Yes, you are still fighting
an uphill battle in that younger generation expects that your
album should be free, however, you are only going to hurt
your career by giving it all away.
As they say, "Why marry the cow if you
can get the milk for free?"
Er, something like that.
Point it, an artist who is genuine and really
produces an album that is worthy of being sold for $15 (it's
gotta be good!) should do all they can to convey this value
to prospective fans. Give away a song or two, but not the
whole cow.
Oh, and back to my original question once
again... is this anything new? No. Back in the day, there
was no way to even record sounds. All music was in fact free.
Article Source: http://EzineArticles.com/8258173
|