[LINK] Damn! That fake "CD sales fell by" number again...
adam at todd.inoz.com
Sat Feb 14 11:37:09 EST 2004
>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."
More information about the Link