Quote:
Originally posted by Celestial
I think they would make more money in the long run if they reduced their prices, more people would purchase music if it was cheaper, hence eventually an increase in sales at a lower price would eventually eclipse the revenue generated from sales at their current price level.
An increase in prices in the near future would be catastrophic to sales  |
I've spent around 100 dollars in total on iTunes. Amazon on the other hand, about 50ish.
I only use the online music systems for buying songs though. Albums that I really like enough to buy to support that artist (with good music of course) I buy a physical copy of. I was FURIOUS, I mean LIVID when iTunes raised their prices. This whole '3 tier pricing system' in the US NEVERRR happened. It is more like a two tier system, where the prices are .99 and 1.29 dollars. I saw a couple of the .69 songs at the beginning, but now they are virtually absent from the store.
This may contribute to the success of BYH as well. It is .99 and it is doing AMAZING in the US right now. This should serve as a wake up call for the labels. WHO KNEW that lower prices in one of the worst economic crises in the US and the world in recent memory would SPUR sales!!
Soooooo hard to understand, right? NOTTT!!! hahahaha
Okay rant over!!! =)
In the UK there is often a lot of waiting involved before songs are released for purchase.
