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_subsections/dailies/legally-print-1k-in-7-days.org
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#+title: Legally Print 1k In 7 Days
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#+HTML_HEAD: <link rel="stylesheet" type="text/css" href="../../../../_share/media/css/music.css" />
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* Links
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#+attr_html: :class links
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- [[../../toc.org][TOC - Music Money Makeover]]
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- [[https://youtu.be/oxHJ5uVe-ss?si=NF9vkZjPifMt0m-5][youtube video]]
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* Notes
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** active audience
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*** 3 types of fans
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1. freeloaders
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2. moderate
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3. fanatics
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*** you get 30 active fans who will buy shit
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- 10,000 freeloaders
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- 1000 moderates
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- 3% of the moderates: 30 fans
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** did you make somthing other people cant have
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- must be 10 times the normal worth.
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- if you are selling for 1 dollar, must be worth 10
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*** for the value of a single 1.99$ you must give
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- single
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- instrumental
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- acapella
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- speed up
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- slowed down
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- meme version
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- stems (serato)
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- club edit
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*** all these versions must be on your website
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** price point 57$
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*** gift pack
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- hi res 8 1/2 x 11 photo
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- in an acid free sleeve
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- cost/per: 2.33$
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- total cost for 30 people: $77.10
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*** limited edition t-shirt
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- only get in gift pack
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- $11.50 to produce
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- screen print one color
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- premium cotton shirt
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- 30 shirts at $345
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- only time you can get this shirt is right now. no more
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*** special letter
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- in box
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- signed by artist
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- embossed
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- deckled edged cotton paper with protective sleeves
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- $1.50 per letter
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- 30 people: $45
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*** shipping it
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- purchasing the box
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- 12x9x2 box
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- $43.66
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- have to buy them in 2 sets
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- or a set of 25 each
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- actual shipping costs
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- box weighs 2 lbs
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- $6 standard ground UPS
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- 30 people: $180
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*** special thank you video
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- every person that purchased it
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- get access to a virtual meet and greet via zoom
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- zoom subscription for a month is $15.99
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- show a video for main audience showing saving five in the vault
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- FOMO
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- faithful
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*** total cost
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- $706.75 per unit
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- $23.55 wholesale
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- $56.89 retail, bumbped to $57
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- profit of $33.45 or $1,003.50
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*** where do we get the $706 from?
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- banks money is always cheaper than labels money
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- get the money with a credit card
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- borrowing for a short time
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- effective cost for $1000 is $270
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** what if more people want it?
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- create FOMO
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- open the vault early on the additional products we saved
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- limited time offer
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- raised price on vintage prices
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- if it doesn't work, just put it back in the vault and raise it later
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** just do the tshirt
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- says this is just a tshirt nothing special
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- drops sales bc it's not limited
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- harder to get it off
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** bad credit
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- build label in 60 day course
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- don't use credit as an excuse
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