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Help TranceCritic win 25k for business!
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View this Thread in Original format
| DreamTitan |
Hello everyone, i'm new here so I would hope to recieve a warm welcome. First off let me tell you guys a little about myself and what im trying to do.
My name is Jonathan, i'm 19, a college student, and a trance addict in my own right. Theres nothing for me like jamming out to an awsome track or breathing a sigh of relief when im listen to long strings.
Anyway, I had an idea (which I am readily going after) called TranceCritic. This would be a trance review website that you would be able to legally purchase mp3z! We all know that our trance doesn't exist on itunes and any of those other online stores which leaves us to illegal sources, not cool. What i'm proposing is creating a business which bring artists and content to the people. Simple fee's like a $1 per song could apply making everyone happy. I already have 8 volunteers helping with various tasks that need to be done in order to make this happen, and we're always looking for other volunteers (possibly to be paid later), webdesigners, writiers, or just people who want to help make this into a reality.
So what am I asking? well i've already set over 2k aside for investment in this project, I want to reach 20k by about may 1st. However we entered into a contest at ideashappen.com and if we are one of four winners -- we get 25k to start our idea!
So please vote for us and help create an outlet of music for our global community.
Vote "Feelin' It"
Link: http://ideashappen.msn.com/Entries/...t.aspx?id=33710
Anyone who may have questions/comments/suggestions or interested in volunteering please drop me a line [email protected]
Thank you all.
-Jon M
Contact:
[email protected] |
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| Tranc3 |
| Erm....this newfound idea of yours is already in place. |
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| DreamTitan |
| show me the way... |
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| Tranc3 |
I know more and more labels are offering downloads now...off the top of my head I think Anjuna, j00f, and Yooshi are doing it....oh and the 8 or so labels under Armada. Then there's beatport ( http://www.beatport.com/ ), and some other services like it.
Search around for legal download threads, you'll see what I mean. |
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| DreamTitan |
thank you for those websites, keep them comming. This is a learning experience and it will help me when i decide to put together my website.
These websites are a whole lot different to what im doing. They are selling their own music compared to me reviewing many label's music and then selling it -- big difference. Some services I would include are sound clips, reviews, and a thriving community. Im also going to be able to provide lots of exposure for the particular artist, by pumping a lot of money into advertising. I have many ideas, a lot that I wouldn't want to share completely. Back to other points, I will be able to protect the artists rights as well as give them some sort of income that they wouldn't have seen elsewhere. My idea is to start with small and medieum sized labels and work my way up towards the big 5 eventually -- hopefully.
If you have any other ideas on how I can fail please post them, those are just as important as ideas that can make me succeed, if not more important. I really do apprciate the time you put into getting those links and making me aware of their presence. Any other comments anyone might have please post them for me.
Thanks again,
-Jon M |
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| Tranc3 |
| quote: | Originally posted by DreamTitan
thank you for those websites, keep them comming. This is a learning experience and it will help me when i decide to put together my website.
These websites are a whole lot different to what im doing. They are selling their own music compared to me reviewing many label's music and then selling it -- big difference. Some services I would include are sound clips, reviews, and a thriving community. Im also going to be able to provide lots of exposure for the particular artist, by pumping a lot of money into advertising. I have many ideas, a lot that I wouldn't want to share completely. Back to other points, I will be able to protect the artists rights as well as give them some sort of income that they wouldn't have seen elsewhere. My idea is to start with small and medieum sized labels and work my way up towards the big 5 eventually -- hopefully.
If you have any other ideas on how I can fail please post them, those are just as important as ideas that can make me succeed, if not more important. I really do apprciate the time you put into getting those links and making me aware of their presence. Any other comments anyone might have please post them for me.
Thanks again,
-Jon M |
Uhh....those services don't all sell their own music. The ones to which I linked sell music owned by other labels. They ALL provide sound clips (this is a standard in the online music purchasing business), and as for reviews/community, they've got some form of one or the other already there.
I don't really see anything new that you'd be bringing to the table.
edit: I realize you wouldn't want to share all your ideas, but I just can't justify voting for your idea if you think it's new without (apparently) having done much research in this area. |
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| DreamTitan |
You provide good points, i didn't browse each website as indepth as i should have initally. audiojelly seems well established. However in browsing these websites they lead me to believe that competition is possible but like i said before you bring good points.
Like i mentioned before, I don't want to type down all my ideas - that would be stupid and leave them open to be taken avantage of someone else.
What i'm going to provide, what these websites aren't that i can see. Reviews are going to be the main focus of my website, dominating all else. By having a reviewer building a relationship with a customer, IE: same tastes in music, this will deliever somewhat of a personal relationship which i feel will make this customer return. How do u develop this? buy something that he recommends, like it? now you know can give this writer some credibilty for the next time he reviews a song.
Another thing to consider but not etch into stone, the prices on those sites where around $1.25-$1.49 about 50% higher then what i plan to charge, that is subject to possible change.
The most important thing to consider is your budget for advertising. If people cannot find you or your product/service then it isn't going to sell. Advertising is extremly important because it will bring customers, contacts, and labels/artists.
Another assumption I think your taking on this is that just because i'm not offically the first means i'm not going to be successful. I know you didn't actually say that but it seems like your implying it indirectly. However, i do still apprciate your comments/suggestions. Making me think is not a crime. |
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| Tranc3 |
| quote: | Originally posted by DreamTitan
You provide good points, i didn't browse each website as indepth as i should have initally. audiojelly seems well established. However in browsing these websites they lead me to believe that competition is possible but like i said before you bring good points.
Like i mentioned before, I don't want to type down all my ideas - that would be stupid and leave them open to be taken avantage of someone else.
What i'm going to provide, what these websites aren't that i can see. Reviews are going to be the main focus of my website, dominating all else. By having a reviewer building a relationship with a customer, IE: same tastes in music, this will deliever somewhat of a personal relationship which i feel will make this customer return. How do u develop this? buy something that he recommends, like it? now you know can give this writer some credibilty for the next time he reviews a song.
Another thing to consider but not etch into stone, the prices on those sites where around $1.25-$1.49 about 50% higher then what i plan to charge, that is subject to possible change.
The most important thing to consider is your budget for advertising. If people cannot find you or your product/service then it isn't going to sell. Advertising is extremly important because it will bring customers, contacts, and labels/artists.
Another assumption I think your taking on this is that just because i'm not offically the first means i'm not going to be successful. I know you didn't actually say that but it seems like your implying it indirectly. However, i do still apprciate your comments/suggestions. Making me think is not a crime. |
Setting up reviews like that would be good, but isn't that what Amazon already does?
The average price for a track you can sell online and get a razor-thin profit margin is 99 cents. Dunno how you'd get it to about 75 cents.
I'm in no means assuming that you won't be successful because you aren't the first, I'm assuming you won't be successful because you won't stand out. |
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| DreamTitan |
by 50% i was talking about for the $1.50 i saw on one of the websites. My ranges are going to be around $1, hopefully.
Another service I hope to encorporate is going to be a Trance Radio, which I know has been done already. But i'm going to use this free stream as a tool to sell music. I also have other plans that I would not rather mention at all.
Another idea of mine that I would like to do is offer vinyl's for DJs only, expanding my market from consumers only to including Disc Jockies. This is important because DJs are frequent spenders of new content and therefore will provide good return business. This coupled with steady reviews should be able to provide almost any DJ to what their looking for content wise.
On a side note, Tranc3, i've told you a little bit about myself -- why not you tell me a little bit about you? |
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| swisstoni_uk |
lol do you 2 guys want a private room? :D
As its already been mentioned, you have to provide a service that will stand out. You have to reach out to a wide range and diversity of artists. ATSDigitial got noticed by me beacause they had Kuffdam & Plant for download when its only available on uber-rare vinyl, and PvD is releasing an Edit on Vandit soon. Release records caught my attention as it had Girl Nobody - Cages on download ages ago when i couldnt find it anywhere, and 3Beat has Nikola Gaya - Swing to Harmony when its hard to find in England. Extensive catalogue is the way to go :) |
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| Ian^ |
| why not just split the 25k amongst us all, counting the active members that'd be a nice sum each :stongue: |
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