Music Download Sites

[Razorguns]

Media Commerce.

It's the new rage, and for some unknown reason -- no one's rushing to it yet.

Funny, since every single mp3 download service is posting rave profit numbers already.

Industry's ignorance can be your jewel.

Look into it. I don't have the time due to prior commitments -- but since i understand the technology pretty damn well, and can understand and create these systems with my already-advanced skillset -- can advise on it also.

Research it's nuances, elements, caveats, profitibility, future outlook, market penetration, investment capital, user preferences, blah blah blah. All those typical business project shit you learn in business school.

There's your homework for any wannabee entrpreneurs sitting there twirling their thumbs.

 

[Synpax]

I like Napster2Go. Works with my digital music player (Dell Pocket DJ).

 

[Razorguns]

I like Napster2Go. Works with my digital music player (Dell Pocket DJ).

Yep. (new) Napster was created by a bunch of uber-nerds 15 miles north of me -- with a insignificant amount of startup money. Profits abound now (after you subtract the heavy marketing budget).

The original Napster was a underground success. But an economic flop.

Fortunately the flop resulted in a lot of press and increased media coverage which got leveraged by said economic geniuses with a proper economic plan in place.

Nothing special any of us couldn't have easily done.

 

[Synpax]

I disagree that these guys are making a profit. The biggest in the business, iTunes, is grossing a lot but barely making any money on their product. It's mostly being used to help sell and support Ipods.

Then you have Walmart, who is charging only 0.88 to everyone else's .99. I have no idea how they are getting the price down that far as about .95 goes to the labels.

I don't see it.

 

[Razorguns]

I disagree that these guys are making a profit. The biggest in the business, iTunes, is grossing a lot but barely making any money on their product. It's mostly being used to help sell and support Ipods.

Then you have Walmart, who is charging only 0.88 to everyone else's .99. I have no idea how they are getting the price down that far as about .95 goes to the labels.

I don't see it.

Their expenses are mainly marketing. Which their investors are not concerned with much, primarily cuz once the word is out and market ownership has been achieved -- thoses expenses dwindle.

Besides -- the real value I see is in _creating_ the technology and selling it. I'm sure that's what those uber-nerds probably did. Let someone else invest the money and run it. That is if those uber-nerds were smart.

And the other value is in "piggy-backing" off the marketing of other sites. If Napster spends millions alerting folks to the benefits of music download -- one can easily come in from the sidelines, and take advantage of a new "music download aware" audience that they had to spend zero $ to create.

Remember how google stole the show from Yahoo.

To make money now, forecast and develop tomorrow's trend today.

Good discussions. Keep going folks.

 

[ZKaudio]

i want to get in on some streaming via phone stuff... my phone already has a stereo headphone jack... and once the next speed upgrade is made to my cell network (prob like 6 months) i will proably be able to stream like 96k music to my phone... think of the possibilities there.

 

[Razorguns]

i want to get in on some streaming via phone stuff... my phone already has a stereo headphone jack... and once the next speed upgrade is made to my cell network (prob like 6 months) i will proably be able to stream like 96k music to my phone... think of the possibilities there.

The other hot new industry right now is settop box streaming (on-demand) and like you said -- phone media services. I got people calling me every week now asking for help on these projects. Lots of investor money is flowing in this direction.

There's nothing to stop private people to create the technology w/o investor money (low startup capital) -- and sell it to big boys once they're done.

Like MTSW once said: "Got Skills?" <-- hahahahaha.

industry news: www.newslinx.com

 

[swordfish151]

This is something that you would have to have knowledge in that area..no? i wouldnt even know where to start to develop these services...let alone market it...

 

[Razorguns]

This is something that you would have to have knowledge in that area..no? i wouldnt even know where to start to develop these services...let alone market it...

True. But most CEO's of companies, have little to no technical expertise on how to create their product. The CEO of Sony i doubt could even fix a VCR.

That's why they hire the monkeys to do it for them. And Senior Monkeys to _design_ the technical archiecture/design.

All that is trivial. If one monkey won't do it right, hire a better one. Lack of technical ability won't kill a company. That can easily be fixed.

What *IS* important, and can kill any business idea -- is just that. The business idea. Which anyone with business savvy can have a crack at developing.

A bad business plan, even correctly implemented, is a bad business. Bad businesses fail. They fail cuz they don't account for issues/elements that become show-stoppers until it's too late. Worst case -- they prevent revenue to exceed expenses, savings dwindle and businesses fail.

Therefore -- Identifying, analyzing, calculating Return on Investments, best/worst case scenarios, caveats, trouble areas, strong areas, mission statements, etc. etc are the first orders of the day. As one who receives 5-10 business project ideas a month from would be entrepreneurs seeking technical guidance -- i've seen first-hand the success ratio of good plans vs the failure ratio of badly constructed plans.

Which is why it's fun for everyone to create one using this an example right here on this board. Step by step. Good exercise. I created one last year about this new industry, but i want to see what others think and their thought patterns. Brainstorm and learn from each other.

 

[swordfish151]

Now your a person i want to get to KNOW....so beyond the simple idea of starting a business you must agree that before you get to be the head "monkey" to hire the others that will do things better then you..you MUST know what your doing...i think you idea can be applied if your already in an existing firm and moved your way you..im talking about a business from the ground up..not an already established one..even with the concept of Media Commerce....you cant jump to CEO withOUT knowing what it entails and how to do it...correct? and I didnt understand this comment "they prevent revenue to exceed expenses, savings dwindle and businesses fail." Dont you mean prevent expenses to exceed revunue? Dont let what you have to pay out be more then what you get in...right?

 

[chase152]

I use Soulseek, myself...

 

[Growth&Courage]

Razorguns is the man when it comes to success, wealth, business, marketing and entrepreneurship.

I will often visit this forum just to see what innovative ideas and line of development he has in store. (not that I intend to steal, no- no, I'm no business person here, so I guess that leaves me a dispensable and easily replaceable commodity within the proletariat class? )

Razorguns also has some serious sidekicks going on- Bran987, MattyTheSkywalker and Killahbee.

 

[Crox]

Got me thinking a little What about CD vending machines in clubs? With the prices of drinks in clubs a CD single is cheap. Plus I know when im all liquored up and hear a good song, Id cough up some change to take a copy with me. Also could sell DJ's mixes, so if you like a set you could pick up a copy on the way out.

 

[Synpax]

Got me thinking a little What about CD vending machines in clubs? With the prices of drinks in clubs a CD single is cheap. Plus I know when im all liquored up and hear a good song, Id cough up some change to take a copy with me. Also could sell DJ's mixes, so if you like a set you could pick up a copy on the way out.

Even better- vending machines to load up your ipod/mp3 player with hot playlists and put them everywhere.

One hurdle with Ipod, etc. is that to own one you often had to own a computer too and have it handy to update your pod.

This can fix that.

 

[Crox]

Yeah I was thinking along those lines as well. What would be the best solution would be a wireless networking solution for ipods. Then you could set up hotspots throughout a city, at clubs, cafe's etc. Have a subscription service or $1 downloads etc. You would make big money.

 

[Razorguns]

Razorguns is the man when it comes to success, wealth, business, marketing and entrepreneurship.

I will often visit this forum just to see what innovative ideas and line of development he has in store. (not that I intend to steal, no- no, I'm no business person here, so I guess that leaves me a dispensable and easily replaceable commodity within the proletariat class? )

Razorguns also has some serious sidekicks going on- Bran987, MattyTheSkywalker and Killahbee.

Hey don't give me that big of a head! lol. If i was that smart, i'd be enjoyin' my millions, and sending one of my lackeys to come post here for me!

The path to millions is a slow, long road -- but it can be travelled. Just gotta be patient, persistent, smart and open-minded. All those good adjectives used to describe good people.