Only 20 - 30 Releases A Year Hit Platinum Level There are more than 40,000 CDs released per year, Only 250 sell more than 10,000 units
National Statistics Show Lack of Detailed Information A study of more than 5000 failed Independent Record Labels shows lack of information to blame.
Only 1 - 2% of artists on Amazon.com sell more than a few units per year Amazon.com is one of the largest internet music distributors totaling more than 44,000,000 visitors a month. Amazon says lack of information and "know how" to properly market an independent artist main cause for slow or no sales. Music Retail Continues to Decline Borders reported a 13.6% decline in music pysical sales. Hastings reported a 14% decline. Independent Labels that still believe traditional retail and distribution is all they need to succeed have a seious lack of information about the music industry.
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Hip Hop Business Advisor - The Book 210 pages - 120 Steps to Starting, Marketing, Managing, and Profiting from your Independent Hip Hop Record Label.