business-music_money_makeover/_subsections/dailies/legally-print-1k-in-7-days.org

2.5 KiB

Legally Print 1k In 7 Days

Notes

active audience

3 types of fans

  1. freeloaders
  2. moderate
  3. fanatics

you get 30 active fans who will buy shit

  • 10,000 freeloaders
  • 1000 moderates
  • 3% of the moderates: 30 fans

did you make somthing other people cant have

  • must be 10 times the normal worth.
  • if you are selling for 1 dollar, must be worth 10

for the value of a single 1.99$ you must give

  • single
  • instrumental
  • acapella
  • speed up
  • slowed down
  • meme version
  • stems (serato)
  • club edit

all these versions must be on your website

price point 57$

gift pack

  • hi res 8 1/2 x 11 photo
  • in an acid free sleeve
  • cost/per: 2.33$
  • total cost for 30 people: $77.10

limited edition t-shirt

  • only get in gift pack
  • $11.50 to produce
  • screen print one color
  • premium cotton shirt
  • 30 shirts at $345
  • only time you can get this shirt is right now. no more

special letter

  • in box
  • signed by artist
  • embossed
  • deckled edged cotton paper with protective sleeves
  • $1.50 per letter
  • 30 people: $45

shipping it

  • purchasing the box

    • 12x9x2 box
    • $43.66

      • have to buy them in 2 sets
      • or a set of 25 each
  • actual shipping costs

    • box weighs 2 lbs
    • $6 standard ground UPS
    • 30 people: $180

special thank you video

  • every person that purchased it
  • get access to a virtual meet and greet via zoom
  • zoom subscription for a month is $15.99
  • show a video for main audience showing saving five in the vault

    • FOMO
    • faithful

total cost

  • $706.75 per unit

    • $23.55 wholesale
    • $56.89 retail, bumbped to $57
  • profit of $33.45 or $1,003.50

where do we get the $706 from?

  • banks money is always cheaper than labels money
  • get the money with a credit card
  • borrowing for a short time
  • effective cost for $1000 is $270

what if more people want it?

  • create FOMO
  • open the vault early on the additional products we saved

    • limited time offer
    • raised price on vintage prices
    • if it doesn't work, just put it back in the vault and raise it later

just do the tshirt

  • says this is just a tshirt nothing special
  • drops sales bc it's not limited
  • harder to get it off

bad credit

  • build label in 60 day course
  • don't use credit as an excuse