New clients would often ask me, “How much does the average artist on CD Baby sell?”
Some people would take our posted sales figures and divide them. $85 million paid, divided by 250,000 available albums = $340 per album.
The numbers are right but the answer is wrong because it groups together two completely different approaches.
For some artists, releasing their music is like the starting line in a race. The gun goes off! They work it! They spend hours a day pushing, promoting, and selling — reaching new people by any means necessary.
For those types the average income, through my one little store, was $5000. Fifty of them earned over $100,000 each.
But for many artists, releasing their music is like the finish line in a race. They’ve always wanted to record and release their music. They did it. It’s done. They send it to friends and family, and glow in the compliments. They might do a release concert and make a website, but in terms of effort spent, they’re finished. Sometimes from satisfaction, but often from ego — assuming the world would flock to it just because it’s released.
For those types the average income was $20.
New clients asking about the average were trying to predict how well they would sell. But it’s up to you which kind of approach you want to take.
Are you at the starting line or finish line?
It’s the best predictor of how far you’ll go.