To generate a return for your investors, you probably need 1,000,000 people to click their mouse three times. How hard can that be? In fact, every artist is just three clicks (times 100,000 or so people) away from financial independence.
Here are the clicks:
Click one is the click that leads to discovery of a song or artist.
There are many ways to discover music that only require a single click; here’s one: when a receptive music consumer (one whom is open to, and an early adopter of unknown songs) clicks the ‘recommend’ button (attached to some music site or service) to obtain a recommended playlist of new songs.
Click two is the easiest click to obtain; it’s simply the click of the play button.
Click three is the hardest click to obtain; click three is the ‘meaningful’ click.
Meaningful clicks result in a purchase, or a share, or a placement in a personal playlist (where songs are spun until they are loved), or a recommendation to friends, or a trip to a concert, or a public spin (at a party for example), and/or meaningful clicks result in other meaningful actions…
Since most consumers can’t tell the difference between a great song and a good party (where they often hear the best new band on earth whilst drinking and dancing the night away), I would argue that in the absence of context (celebrity or radio endorsement, social group endorsement, or serious momentum to celebrity), most consumers will do nothing; they will not generate a meaningful click.
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