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When I am considering work with a label for the first time I generally ask a several questions:
1. What are some of the DJs on their promo list?
2. What formats do they release? Digital only or physical as well?
3. What is typical turnaround time once a track is submitted?
4. Get a sample draft Heads of Agreement so you can see what the terms of a typical deal are with new artists.
One advantage to signing with an established label is that they can provide opportunity to get your music into the hands of established DJs. Then, if your music is good those Djs play it out, chart it, etc. which gives you more exposure as an artists and can help to separate you from the noise a bit. This, in turn, can lead to more opportunities for you as a producer such as remixes for more established artists and submitting you music for bigger DJs mixed CDs for example. These are all things that being on a good label can do for you. Exposure is the name of the game these days.
Other than that, don't expect to make much money from selling tracks at all.
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