If you’re one who is passionate about music, then you have probably had heard about Virgin Records, a multibillion dollar recording company which is now merged with Capitol Records, now functioning as the Capitol Music Group. But did you know that before there was Virgin Records, there was first a teenager named Richard Branson? Back in the early 70s, Branson did what was equivalent back then to an online music store, he sold vinyl records through the mail. Through that, he was able to slowly build his Virgin Records into a multibillion dollar empire.
But nowadays, probably one of the most effective ways to distribute and profit from music is through online music stores. People now prefer to download music online than buying CDs. So if you have a passion for music, know that you can earn extra money by starting an online music store. Here’s how you can do this.
- First you need to get a music distribution license and to legalize a business name. There are different ways and procedures to do both of these depending on your location.
- After that, you would need to purchase a web domain for your music store. This domain will become your website’s name. Make sure to choose a catchy name so that people do not easily forget your online music store.
- The last step would focus on building the online music store. This can be done in two ways: you can either build your online store yourself by using an existing template that you get after obtaining your domain, or you hire a professional to do this.
Know that domain names and web hosting fees may cost you about $100 per year but you if you don’t want to pay, you can make use of blogging platforms that will allow you to post ads and even a shopping cart system. Also, you can affiliate yourself with various digital music programs such as Apple and Amazon. When you do this, you would get a commission every time a purchase is made through you’re the links posted on your website.
If you are interested in starting an online music store, you can visit www.perth-web-design.com.au/perth-web-design-services/web-design/