I generally agree with you guys, but wanted to point out that one thing to try before removing a track entirely is to first submit it for consideration in the bargain basement. I’ve had more than one track “revived” that way.
I personally have 3 tracks that fall into the no sales in over a year category. I’ve hung onto them because they’ve sold multiple times on other marketplaces, but maybe it’s time to let go…
Have to agree again with both permian and fxprosound.
Besides the programming/maintenance/marketing effort and cost, there’s also a whole other level of ecommerce interaction that’s shielded from us on sites like Envato, e.g. what will you do about declined credit cards, customer complaints or refund requests, or how confident are you that you’re immune to security breaches, etc. You’d also need to work with a lawyer to come up with license legalese.
These are all problems that can and have been solved, and there are lots of resources available, but it’s a time and money suck and (I speak for myself here) it sounds like a giant chore. So that’s why I’m happy to take a percentage on an established marketplace – I can be blissfully unaware of the devils in the details, upload, tag, and be on my merry way.
For me non-ex works better but it needs much work.
Ditto. AJ is not my best selling site, nor is it highest with non-exclusive commission rates. Going exclusive (if I could at this point) would be a very welcome earnings hike on AJ but my overall earnings would lower considerably. But it would be a heck of a lot easier, and arguably if I were able to focus marketing efforts here I could eventually make up the difference.
As far as community goes AJ is far and away the best. Also, going exclusive here makes a lot more sense than it did when I started – 2 years ago there wasn’t as much incentive because overall site sales weren’t as high as they appear to be now, the exclusive rates started lower, and climbing the rate ladder was far less achievable. Back then it was a no-brainer (in my mind) to stay non-exclusive. However, if I could have seen 2 years into the future, I honestly don’t know at this point what I would have chosen to do.
So, in a nutshell:
Exclusive PROs: Immediate higher rate, far lower maintenance overhead, you can concentrate on driving people to a single marketplace. Also if you’re going to go exclusive anywhere, as far as I can tell AudioJungle is the place to be.
Exclusive CONs: Limits your audience to a single marketplace, opportunity cost of not getting in early on a future successful marketplace, puts all your eggs in one basket so if a sudden change to the site limits your sales you don’t have a buffer by selling somewhere else. (This last point happened for a couple of months to me on another site, but balanced out for me because it was almost exactly when AJ raised the non-exclusive commission rates :)).
Honestly, I hate to offer advice in this matter. Non-exclusive has worked well so far for me, but I’ve also heard the exact opposite from other people. Maybe ask yourself how much time you want to spend creating music vs. maintenance time, and what that time is worth to you.
Also a good idea! I just added that. Seeing the numbers in these different ways is pretty interesting.
Huge milestone – congratulations!
Hey simaudio, congratulations on the 200!
Now I’m inspired
After reading your posts I started wondering exactly the same thing about my sales stats. So (instead of writing more music or organizing things like I should be doing), I’ve started on a utility program to read AJ statement CSV files and organize it in various ways. For instance, one of the queries so far is the sales pace stat you described (e.g. how long to [n] sales in a month).
Anyway, once I’ve got it to some sort of decent state if anybody’s interested in trying it out let me know. Windows only at the moment (I’m most comfortable with C# .NET), but maybe if it’s useful I’ll try porting it to something more universal. Also, if there are any useful queries you’d like to see let me know.
@thesecession: That is a good point . Maybe if you’re exclusive all you do is update the metadata on AJ and move on? Alas, I can’t go exclusive – besides the arduous process of removing songs from various places I’d be giving myself a sizeable earnings cut.
@pinkzebra: Wow! Do you do all of the weekly stats manually? That would be really cool data to compile – I haven’t done anything like that yet.
@JCKerosene and miksmusic – thanks for sharing the method to your madness. I’m also maintaining a spreadsheet, but I’m not good about updating it and would like to have a better way of connecting the actual track(s) to the data.
I apologize for what is probably not a useful answer, but my strategy is the electronic equivalent of sticking my fingers in my ears and going “la la la la la….”
In other words I figure there’s no way I can get a decent return on investment spending time monitoring for copyright infringements of my own work.
I think it’s actually more effective as a community looking out for one another as we listen to other people’s work. While I don’t like the practice of calling copyright infringements out in the forums (it should be a support matter), we’ve seen several cases where attentive AJ authors have spotted violations.
On the other hand, what I’m more paranoid about is putting up a track for sale that inadvertantly sounds like somebody else’s.
Over the last couple of years of building a portfolio, keeping track of projects, mixed/mastered/watermarked tracks, and metadata (tags, description, etc) is starting to get out of hand. This is made quite a bit worse by being a non-exclusive author, as I need to keep track also of where things have yet to be uploaded. So I’m about to embark on a long overdue organization and cleanup of my tracks and metadata.
Just to get some ideas, how do you handle organizing all of your work? What tools/processes do you use to keep track of everything? Also, do you keep track of sales data or just rely on the reports you get from AudioJungle or other sites?
This may seem like obvious stuff, but I am a disorganized person by nature so I thought I’d see how other people work