Firstly, find the appropriate tools that will work for you or your band. Don't waste money on tools that will not help you as there are plenty of free tools staring right at you. The new music industry is turning out to be a mixed-matched combination of independent labels, D.I.Y independent musicians and the major record labels finally making efforts to join in the game. One of the results of this new music industry is that there have been hundreds of companies popping up offering products and services designed to accomplish what only the major labels could accomplish in the old industry model. Some of these companies are nothing more than hacks. It really does pay to check these sites out befor commiting anything. Some of these companies are incredible in what they are offering and how they are serving musicians. Certainly they are not all created equal. Furthermore it is near impossible to determine whether the product or service that is being offered is something that will work for you and your music. Fear not! There are plenty on companies that are both legitimate, sincerely interested and more than capable of serving your needs.
Any good online distribution service will offer your band analytics as to which tracks are being downloaded from which stores and so on. This is so important. You have to know what things you are doing that are producing the best results. This way you can continuously correct your course.
Finally, don't let band merchandise weigh your down. There are companies that are set up to manufacture all types of merchandise and will drop ship directly to your fans. You do not need to order 1,000 t-shirts and sell 50 in a 3 month period ending up with five boxes of t-shirts in your basement, or worse, renting a storage space to store the t-shirts that you lost money on. Of course your profit margins will be smaller with this method but it is a great way to offer the merchandise without having to carry inventory.
I hope that this brief entry will be of some benefit to you.
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