Taylor Swift’s new album, Red, sold more 1.2 million copies in its first week — the highest first-week sales total for an album in over a decade. She did it partly by answering a surprisingly complicated question: What’s the best way to sell an album?
There are so many ways to release your music these days. You can sell it at Amazon, iTunes, Wal-Mart, and Starbucks. You can release it to streaming sites like Spotify. You can go on tour.
Each artist chooses a mix of tools from this toolbox. And choosing the right mix can help an artist make money — something that’s hard to do in an era when it’s so easy to get free music.
Taylor Swift picked expertly. As Paul Resnikoff, editor and founder of Digital Music News points out, she has chosen from the toolbox only the outlets that would give her the most money for every album sold: Outlets that pushed a full album purchase.
The first week her album came out, you could only get it in a few key places: i-tunes, Walgreens, Wal-Mart, Target. You could order a Papa Johns pizza and receive the CD — at the sticker price of around 14 bucks.
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