As a beatmaker myself, I’ve been pretty disappointed in the options for selling my beats online. I either have to go with something general like Shopify (low fees but not great for the music industry) or something like BeatStars (good for music but very high fees).
I want to create a platform that is somewhat a compromise between these two. On one hand, I want it to have all the basic features that sound designers and musicians need, like user-friendly audio sampling and instant social sharing. But I also want to be limited enough so that fees can be similar to what you see on Shopify and the like, ideally less than 5%. I know that’s ambitious, but if I keep costs down and use PayPal as the primary payment gateway, I think I could make it possible.
My main worry is that I’d have a hard time finding demand for the platform. Not only is sound design a pretty limited industry, but I’d be competing against the big companies that already have hundreds of thousands of users. If any of you know the industry, I’d love to hear your thoughts. Even if not, I’d still love more general feedback on the technical/financial potential you see in this.