GlobalTraxOnline Versus the Competition
April 23rd, 2009There are definitely choices out there. Why GlobalTrax? For one thing, we’re not going to claim that you will receive 100% of the “proceeds”. For many people, the word “proceeds” implies that if your track sells for $0.99, you will receive $0.99. That is simply not the case. And it is not the case with any commercial online digitial music distribution outlet.
We at GlobalTrax let you know up front that you will receive a percentage of net wholesale revenue from the sale of your music. Just as in any business, there are middlemen along the way that charge a fee for distributing your music. Be wary of any online digital music distribution company that says that they will get you on iTunes and that you’ll keep 100% of what is sold.
With GlobalTrax, we keep a portion of your sales to pass along to the digital distribution companies that we work with. For example, if a song sells on iTunes, the net wholesale revenue for a $0.99 track is $0.70. GlobalTrax then pays the artist one of the highest available percentages of net wholesale revenue, but without the traditional recoupables that come with a traditional record deal.
Again, be wary of companies that say you’ll keep 100% of the “proceeds”. Proceeds, by definition, means the money that is left after costs and expenses are deducted.
Where does the money go? It goes to the folks that have invested in systems to make digital online distribution more profitable (for the indie artist) than is typically the case with traditional record deals. GlobalTrax does make money along the way, and we reinvest a portion of our “proceeds” by dedicating time to you, the artist.
GlobalTrax separates itself from the alternatives by providing a truly personalized and value-added service to each band or musician. We view our relationshp with our artists as an ongoing, collaborative exchange of ideas. That is why we provide 5 hours of free consultation to each new GlobalTrax client.
Also, keep in mind that GlobalTrax is not a traditional record label - when you sign up with GlobalTrax, you are not signing a “record deal” with all of the usual baggage. With GlobalTrax, you always keep 100% of the publishing (i.e. songwriting) royalties entitled to you, and you are not signing an exclusive deal that locks up your rights for an extended period of time. After the first 6 months, you can cancel at any time with only 30 days notice.
GlobalTrax Seems Too Good to Be True
April 11th, 2009How do you know that you can trust your music to an online distribution company? You probably have invested years making your music - why should you make a bet on something that only costs $25 upfront plus $10 per month?
Here’s the deal: when you sign up with GlobalTrax, you don’t give up any of your rights, publishing royalties, or sign a long-term contract. Your music is placed for online distribution on the top digital stores worldwide and you get 82% of the wholesale sales of your music - and you get paid regularly and consistently!
It’s really that simple.
GlobalTrax sends you a detailed monthly report via e-mail and, after an initial six month commitment, you can easily terminate simply by sending us written notice (by mail or e-mail) 30 days in advance. Your relationship with GlobalTrax is non-exclusive, so if you get that huge deal from a major label or LiveNation, you can easily transition over (just make sure you notify us so that your music isn’t being distributed online twice).
Also, GlobalTrax can help you get that major label deal. All of the tracks that you submit will be properly encoded for tracking by Nielsen SoundScan, and you’ll automatically have a barcode and ISRC number assigned to your release. We also provide 5 hours of consulting and one page marketing plan with your $25 upfront fee.
If it seems to good to be true - try us. If you’re not satisfied, we’ll happily return your $25. You’ve got nothing to lose, and eveything to gain!
MySpace Music and GlobalTrax
April 4th, 2009MySpace has been nothing less than a Internet phenomenon. Upon perusing the millions of tracks that have been posted to MySpace music, it’s interesting to note that many of the bands that were swept up in the initial excitement are no longer active (or their music was downloaded only a handful of times). Check it out yourself. Go to MySpace Music (www.myspace.com/music), click on one of the “Top Genres” at the bottom of the page, then choose “Directory”, and then randomly choose an artist. Listen to a couple of their tracks and then click on “Statistics”. There are thousands of artists whose “total plays” are in the low hundreds. Not many paid downloads will result from that.
It’s simply getting more difficult to cut through the clutter on MySpace. And most people who actually purchase music are still going to iTunes, eMusic, or other digital stores to buy their tracks.
So what’s the point? No doubt you still need a MySpace presence. But if you’re not on iTunes and other top digital stores, you’re never going to truly make it big. You’re still going to get that annoying question from your brother-in-law: “Hey, are you on iTunes?”