Mitchapalooza
Guest
Ok so I'm going to be printing 1,000 of my CDs this month and I'm gonna be visiting random colleges, areas, etc. to try and sell them. Basically I'll be spending around $850 for these. I also bought 2000 stickers for around $100. 1 Sticker will be included in the CD (EVERYONE loves stickers and they're nice sized stickers, 3x3). So the total is $950 that I have spent.
Keep in mind: these CDs come in a nice sleeve with artwork on the front and back, and the CD has the artwork screen printed on it as well. So these are nice CDs, not blank CD garbage.
So with that in mind, how much should I charge for these? $5 being the max since no one knows my music and they're taking a chance on it. Even if I sell these for $1, I'm still making a profit. I'm not worried about profit as much as I am about people spreading my music. $1 is too cheap IMO. I've been thinking about intrinsic value. If you got a CD for free, you'd probably think, "Ok this guy probably sucks." and then you'd throw it away. If you buy it for $1, you might think the same thing. $5 might be a little hefty. How much would YOU buy a CD for, from a kid who just came up to you asking you to buy his? I was thinking $3 might be a good price. Not too much, not too little. Right in the middle.
If you bought a CD from a kid for $3-$5 would you give it a real listen? or did you just buy it to get him off your back?
Any insight would really help me out, thanks guys.
.....and GO BEARS! :buttrock:
Keep in mind: these CDs come in a nice sleeve with artwork on the front and back, and the CD has the artwork screen printed on it as well. So these are nice CDs, not blank CD garbage.
So with that in mind, how much should I charge for these? $5 being the max since no one knows my music and they're taking a chance on it. Even if I sell these for $1, I'm still making a profit. I'm not worried about profit as much as I am about people spreading my music. $1 is too cheap IMO. I've been thinking about intrinsic value. If you got a CD for free, you'd probably think, "Ok this guy probably sucks." and then you'd throw it away. If you buy it for $1, you might think the same thing. $5 might be a little hefty. How much would YOU buy a CD for, from a kid who just came up to you asking you to buy his? I was thinking $3 might be a good price. Not too much, not too little. Right in the middle.
If you bought a CD from a kid for $3-$5 would you give it a real listen? or did you just buy it to get him off your back?
Any insight would really help me out, thanks guys.
.....and GO BEARS! :buttrock: