3 Comments »

I recently read on Hypebot that the Sonicbids band Officer Roseland (whose music I rather dig) offered to pay fans $1 to download their album. The band offers two choices: “TAKE” where fans are paid $1 through PayPal to download their new album; and “GIVE” where fans can make a donation to a charity (Mr. Holland’s Opus; which we also give money to) and download the album.

Obviously, this drew strong reactions from folks — controversy is  an age-old marketing trick — who feel the band is devaluing independent music, etc. I am not sure what I feel about it myself but here are a couple of thoughts:

  • PayPal made a multi-billion dollar business by paying people $5 to join the site back in the day;
  • ING Direct used to pay customers $100 to open an account with them;
  • Nike and Adidas pay money to even amateur athletes for the privilege of giving them even more free stuff (shoes, shirts, etc.) to wear;
  • Plenty of companies will pay you money to use their products just to tell them what you think;

What’s my point? Paying folks to use your product, service, etc. is not in and of itself insane — provided that you have the means of making the money in other ways. I’m just not sure if this should apply to music.

Panos

[Slashdot] [Digg] [Reddit] [del.icio.us] [Facebook] [Technorati] [Google] [StumbleUpon]
3 Responses to “Paying Fans to Download Your Music: Brilliance or Insanity?”
 

About your quote:

“What’s my point? Paying folks to use your product, service, etc. is not in and of itself insane — provided that you have the means of making the money in other ways.”

Maybe I am reading it wrong, but if you meant by stating “is not in and of itself insane ” that it is wrong to “paying folks….etc”;

Isn’t it exactly what the outer world think of Sonic Bids?
You pay to play in the end, despite al the motivations and setup and whatsoever reasons there are. You pay an amount varying from $2,= to $ ??? to submit to a festival, gig, listing/whatever.
I am not complaining however, so far no gigs booked, but received a nice amount of attention.
But it looks like you declare your own company insane with yur statement ;-)

Regardz,
Joop

Joop wrote on March 3rd, 2009 at 2:09 pm

 

Excellent point, Joop. Actually, I meant exactly that: as long as you have a clear plan to make money from each investment you are making, then it’s perfectly OK to pay money in order to connect with an audience. Every company does that in one form or another. That’s what marketing is, right? That’s why I don’t think that what Officer Roseland did is as crazy as some people think.

Panos Panay wrote on March 3rd, 2009 at 5:40 pm

 

What you said, Panos. If I paid people to listen directly rather than go through a middle man like a PR team or (dare I say) Sonicbids there may be different results. It’s not so radical as you point out. The question is where’s the biggest ROI. My sense is that the biggest return came from the press coverage of the event rather than the event itself so, as a marketing strategy, this probably worked.

Sam wrote on March 4th, 2009 at 6:44 pm

Leave a Reply

Comments are moderated to prevent spam and keep the conversation constructive.
Please allow some time for the comment to post