Top 5 Amazon Music Sellers Are Under $10

File this one under it ain’t no coincidence: 

It has long been my argument that the recording industry mispriced CDs long after they first introduced them at much higher prices. While most of technology/entertainment products have come down in price dramatically, the Recording Industry has tried desperately to maintain their higher pricing, lower unit sales model — despite the marketplace’s rejection of it.

The industry did not respond to competition from
DVDs, or Video Games or the Internet. The industry denies pricing is an issue, blaming piracy, downloading, CD burning, mixed DJ tapes, even boy bands — anything but their broken old school pricing model.

So it makes me ask this question: Can anyone in the industry explain to me why the top 5 bestselling CDs on are all well under $10. Some are even $6.99!

And don’t blame the Boomers; They tend not to be all that price sensitive on small purchases (See Starbucks $15.99 CDs as an example), and besides, Norah Jones and The Beatles are the only real Boomer fare in this short list

Consider these CDs:

1. Not Too Late, Norah Jones

2. Begin to Hope, Regina Spektor

3. Wincing the Night Away, The Shins

4. Corinne Bailey Rae

5. Love, The Beatles

In the top 10, there is but one disc priced over $10 (11.99) — every thing else is $10/per CD (Or 20 per double disc);  There is 2 in the top 15, and  as you work you way down the list, the higher the price, the weaker the sales (more or less)

Quite frankly, I doubt this is a coincidence. If anything, I suspect it reveals that CD purchasers are increasingly price sensitive, given all of the competing entertainment outlets and technologies 

Category: Digital Media, Music

Earnings Season Getting Underway

Category: Earnings, Markets

Bullish Sentiment Survey

Category: RR&A

Real Consumption versus NAHB Sentiment

Category: Consumer Spending, Economy, Psychology, Real Estate


Category: Weblogs

How Easily Can Your Brain Be Fooled?

Category: Apprenticed Investor, Psychology

Overvalued, Overbought, Overbullish

Category: Data Analysis, Investing, Markets, Technical Analysis

Dave Brubeck Quartet

One of my favorite Jazz musicians to chill out to after a harried week (like this one) is Dave Brubeck. Its perfect music to just kick back and relax. Even if you don’t know Brubeck, you probably know of him via the song Take Five. It was on the album Time Out, the first million…Read More

Category: Digital Media, Music

Info Dissemination

Category: Financial Press

Are Economic Gains Just Hot Air?

Category: Economy, Federal Reserve, Financial Press, Inflation, Psychology, Retail