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DreamTitan
Senior tranceaddict



Registered: Sep 2004
Location: New Jersey

sure why not!

However, i'd like to thank you guys so far. we have a 76% "feelin' it" percentile and are ranked 953, a bit better then 15,623 from yesterday!

The main thing on what I plan to bring to the table is basically a place not only for Trance but for all kinds of music, including trance, techno, jungle, d&b, chillout, house, electronica, plus any others that I cannot think of at the moment. The websites listed prior to this are not really as in deph as I am planning to be and really don't seem to have much going on in my opinion, but I could be wrong. My website is going to be a site for EDM heads by EDM heads.

If anyone has any other advice/input/or inqueries please let me know, I seriously want to hear what anyone who wants to say something has to say.


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Old Post Oct-26-2004 18:49  United States
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Luke Cartwright
Supreme tranceaddict



Registered: Mar 2004
Location: Leicester Intafearance.co.uk

I don't really see how reviews will make your download service better than others, most people tend to make their own mind up about music, correct.

For example my friend likes hard trance, I prefer trance and even if he says a tune is good it doesn't mean I'm gonna like it.

We all hear tunes being played by Dj's, radio and other sources nowadays so If we like a tune and say audiojelly has it for dl we don't wanna sit there and read someones review on it when we have already made our mind up about it.

As for undercutting these already established sites I think that an artist/label is gonna go for the one that will give him a better return for his music. I would rather my tracks be sold for say 1.50 dollars than 1 dollar would'nt you? Fair enough these sites are not gonna sign up every artists/labels work but if its good enough they are not gonna turn it down.

Good idea but these are just my views, I realise competition is good but be prepared to accept a great loss and some very pissed off artists if it does'nt make it.

Old Post Oct-26-2004 19:21  England
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mike_stefan69
Suspended User



Registered: Aug 2003
Location: Back in London

why the hell should we vote for you since the idea is not exactly new?

you havent even bothered to do your research properly


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Old Post Oct-26-2004 19:23  England
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DreamTitan
Senior tranceaddict



Registered: Sep 2004
Location: New Jersey

Luke Cartwright:

"I don't really see how reviews will make your download service better than others, most people tend to make their own mind up about music, correct."

People do make up their own mind about music, espcially when they punch in their credit card number to actually spend money on it. Im not making up the mind for the customers, i'm simply assisting them in making a choice amongest hundreds of artists and thousands of tracks.

"For example my friend likes hard trance, I prefer trance and even if he says a tune is good it doesn't mean I'm gonna like it."

Excellent example, because you know your friend prefers music that you don't like you generally wont take his word for it. What I intend to do is a bit different.

Lets pretend your friend is a reviewer/writer. You've read his reviews and even bough because of those reviews once or twice, each time a little disappointed. I, on the other hand, have also purchased from your reviewer friend and I find my tastes similar with his. This leaves me with a reviewer who will be reviewing songs, upon thousands of songs, and suggesting to me which ones I will most likly prefer based on my associatation with his tastes.

"We all hear tunes being played by Dj's, radio and other sources nowadays so If we like a tune and say audiojelly has it for dl we don't wanna sit there and read someones review on it when we have already made our mind up about it."

I'm not forcing you to read a review, but the service is there if you want it. Its for people who want some type of dance music but don't know where to start, good for getting new comers into the scence quickly. We all know the more popular it is, the better it becomes.

"As for undercutting these already established sites I think that an artist/label is gonna go for the one that will give him a better return for his music. I would rather my tracks be sold for say 1.50 dollars than 1 dollar would'nt you? Fair enough these sites are not gonna sign up every artists/labels work but if its good enough they are not gonna turn it down."

But is that particular label protecting its self interest, what about its rights?, is it getting enough traffic to sell a significant amount of music? Advertising is the major component which I would plan to budget more then enough to drive customers to my website over the individual label's website. It could be more economical to sell 20,000 mp3z (25cents each)and make $5,000 then it would be to sell 400 and make $750. This you cannot argue.

"Good idea but these are just my views, I realise competition is good but be prepared to accept a great loss and some very pissed off artists if it does'nt make it."

Failure is very common in this world, everything we do is a risk and success is not measured by how much we gained but the risks we took along the way. Im greatful for your views and your constructive comments, shows intelligence to make points without being nasty.


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Old Post Oct-26-2004 23:28  United States
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DreamTitan
Senior tranceaddict



Registered: Sep 2004
Location: New Jersey

quote:
Originally posted by mike_stefan69
why the hell should we vote for you since the idea is not exactly new?

you havent even bothered to do your research properly


I didn't know you had the inside scoop to my business plan, I did do my research and these stores, while although ahead, are not what I plan to do. My idea is not new, I knew that before hand. itunes, napster and other online stores have already begun to sell music over the internet before I even submitted my entry (but not before I originally came up with the idea, like 3 years ago). My idea is new to the point where I want to become the central "go-to" place for electronic music over the internet, we currently do not have one of those, and i cannot give audiojelly THAT much credit. While although some is deserved.


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Old Post Oct-26-2004 23:32  United States
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DreamTitan
Senior tranceaddict



Registered: Sep 2004
Location: New Jersey

I just wanted to post an update of our position and rank.

As of Oct 23 we are ranked 253 in our Category and overall ranked 602 out of 19,004 ideas. With an 88% feelin' it average. Thank you guys for the ones who did vote.

Also thank you for pointing out the things you did point like, Tranc3,Luke Cartwright. It has helped me identify loopholes and fill them in with other business ideas.

If anyone has any other feedback (constructive) please share it, cause hopefully in a few months we'll all be able to enjoy the service i'm trying to provide.


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Old Post Oct-27-2004 13:41  United States
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DaveT
NEED PERSONAL COPY-EDITOR



Registered: Jul 2002
Location: San Francisco

Creating a "reviews" site and a "e-commerce" site where the staff works on both sides ia a HUGE conflict-of-interest and very bad journalistic integrity.

You are leaving yourself wide open for people to slam you because they may believe the e-commerce side of things directly interfere with your decisions on reviews in some cases (ala, some artists/labels/etc pay you off).

The "reviews" side of things and the "e-commerce" side of things should be kept completely seperate from each other. It's perfectly find to have them both under your design palette, but at the same time people should know w/o a doubt that other than the design palette, there is nothing in common amongst the running of the two sites.

If you can't do that, then don't bother. Your editorial work will have no integrity on the site and your credit-value will be wiped out.

Dave


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Old Post Oct-27-2004 17:55  United States
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torontotrance
I hath returned



Registered: Apr 2001
Location: Toronto

Go for it, avoid what jetgroove did wrong, you could get all the labels that wanted to completely sue them till kingdom come, to help you with yours, if you found the right mix or everything.

Old Post Oct-27-2004 18:06  Canada
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Swamper
Webmonstah



Registered: Jan 2000
Location: Toronto, Canada

DreamTitan, I can let it slide that you came on here to promote your cause (since it is Trance related - albeit - for financial gain) but, please, don't bump this thread with statistical 'updates'.


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Old Post Oct-27-2004 18:28  Canada
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DreamTitan
Senior tranceaddict



Registered: Sep 2004
Location: New Jersey

Swamper:Sorry about that.

DaveT:

Your point are very true, in fact i've heard that arguement before. Leaning on a particular artist or being biest to a particular song for the wrong reason would be any mp3 store down, however its a thin line. What I have to do is evaluate my position, my logic is that I will only make money if the customer makes good decisions for them. I cannot control this fact, only to an extent, but having unbiest reviews could turn from a conflict to a competitve advantage. All songs will be priced evenly, so if a customers downloads artists A or artist B i'm still making my money.

Another idea (Yours) would be to create two seperate entities which are linked to one another, It makes sinse because I could also be a reseller for another store (Independent label/artists) which has artists that I do not carry, for legal purposes.

Setting up two different entities, deffinitly something to think about.

Thank you for the feedback, your helping me in more ways then you know.


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Old Post Oct-27-2004 19:07  United States
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DreamTitan
Senior tranceaddict



Registered: Sep 2004
Location: New Jersey

quote:
Originally posted by torontotrance
Go for it, avoid what jetgroove did wrong, you could get all the labels that wanted to completely sue them till kingdom come, to help you with yours, if you found the right mix or everything.


Thank you for the positive comments. Unlike any other stores that opened i'm going to make sure I protect myself legally. One way of doing that is signing contracts, protecting artists rights, and letting everyone make money.

If you would be so kind as to explain the story of what happened with this particular mp3 store I would be most greatful.


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Old Post Oct-27-2004 19:10  United States
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Thracky
Senior tranceaddict



Registered: Dec 2002
Location: Relocated Calgarian

Competition is good for any market. Period.

Just because you're opening an online music store that isn't ITunes and caters to a similar market doesn't mean you're going to fail. Just because you aren't first doesn't mean you're going to fail. If you do it better than the competition, or even if you're just on par with the competition, both can still surivive quite easily. Now I know we're not aiming for ITunes here but it's aiming for a market that is largely untapped. Frankly I consider myself to be very into the trance scene from a music perspective and I never had a clue that a site like audiojelly existed, so obviously whatever advertising they're doing is not reaching a person like me, let alone the casual listeners. So there is definitely room for growth and improvement in this area.

Old Post Oct-28-2004 04:48  Canada
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TranceAddict Forums > Main Forums > Music Discussion > Help TranceCritic win 25k for business!
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