Wednesday, 25 January 2012

Update on the 1in12 Benefit Download Compilation

Well, it's been about a month since the 1 in 12 Benefit Comp went up and it's been far more succesful than I ever thought it was going to be. £300 got transferred to the 1in12's coffers recently with about another £100 to go next month. I was expecting about £50 tops for selling a compilation of mp3s. So thanks to everyone that bought it and especially those who wer super generous and bought multiple copies.

Most thanks, of course, goes to the people that did all the physical work of fixing stuff at the 1in12. Looks like the fire inspection has been passed so it's good news there.

You should definitely check out "Our Spaces Vol 1 : A Benefit for the 1 in 12" - http://whatpricewonderland.bandcamp.com/album/our-spaces-vol-1-a-benefit-for-the-1-in-12-club - it's a similar idea but with an emo/post-hardcore bent musically.

Just thought I'd mention a few ideas and thoughts I had about the compilation.

- The idea of doing a benefit download compilation seems to work. People will buy it. About 200 people bought it and that was without any advertising or much of a push to get people to hear about it beyond a few facebook posts. Using the nerdy data on last.fm I can even see that people have actually been listening to it as well. So feel free to use the idea for other good causes

- It seems to be fairly cost-effective way of doing a benefit album. The only 'cost' was the google checkout fees (see below for idea on that). Usually with records/CDs most of the money goes on the making the physical product and sending it to people in the post.

- One idea I'd like to throw out there is the possibility of an independent 'ethical' online payments company. There are a few other companies out there competing with paypal andgoogle checkout but there's none that I'm aware of going for the ethical angle. With a bit of technical nouse (and an admitadly sizeable chunk of money) iot would be possible to create a paypal-esxque online payments service focused on charities & small businesses (& of course, small DIY record labels). It could take a far smaller cut & that money could be used for operating costs (including wages) rather than just making a huge profit. Obviously a load of legal hassles with getting it FSA approved etc but why should paypal/google have a monopoly on online payments and take a significant cut of each transaction?

Of course, you can still buy it if you haven't done so already :-)



Creative Commons License
1in12 Benefit Compilation is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 Unported License

No comments:

Post a Comment