[LINK] Damn! That fake "CD sales fell by" number again...

[Adam Todd]

>I've bought CD singles myself a couple of times in the early 1990s.
>Back then (~1992) CD singles were around $8 each.  This is in contrast
>to the price of 7" vinyl singles before they were phased out - either $3
>or $4, depending on the label.

Got about 1200 of them :)

>I think the record companies were pricing CD singles to be similar to the 
>prices of 12" vinyl extended singles, which were around $7.

Silly move really :)

>I'm convinced that at the time the general quality of Top 40 music
>diminished considerably because people couldn't buy songs for ~$3 any
>more (which seemed like a fairly reasonable price to me back then) - the
>market had changed.

I always wondered why they priced a CD single so much higher.  Remember too 
that Vinyl singles were around the $2.50 to $3 mark in 1988, went up to 
$3.99 - $4.50 in 1989 and then slowly phased out at around $5 a single.

CD singles weren't much use to me, it's really hard to beat mix a CD 
:)  Well it was back then!

Personally, as it costa around $0.50 to press a silver CD, the single price 
should come down to around $3.00.

Marketing guru's have forgotten the term "Volume x Margin = Higher Profits" 
over "High Price x low volume = Lower Profits."