The Internet’s First Stock Music Website: 18 Years of Success and 75,000 Customers
This opportunity is a well-established, top Google Ranked, completely digital stock music website. Started back in 2002, this is the Internet’s first stock music site, which has amassed a large database of 75,000+ customers through the years. A market leader with minimal ad spend to grow the business, this digital company is primed for an owner to take what has been developed over almost 2 decades to the next level. No prior industry knowledge is necessary to operate this business, which requires very little time commitment under current operations.
OPERATIONS
The business licenses royalty-free music and sound effects to media producers. The licenses give media producers the rights to use the audio in any created production. The site boasts about 6,000 music tracks and 79,000 sound effects, 100% digital and stored in a cloud environment. Day-to-day operations are minimal, mostly answering customer questions, curating new music, and reviewing new artist applications.
The business is 100% digital and can be run from anywhere. There is no physical product involved.
MARKETING AND KEY METRICS
The digital marketing strategy for this company has been minimal, currently only running an email campaign, once per week, to the subscriber list of ~16,000, and often a display ad campaign for re-marketing on Google. There is a ready-to-go affiliate program and a creator partner program, ready for active outreach looking for partners. Other scaling opportunities include partnering with YouTube creators and professional SEO optimization and blog content.
The business currently relies mostly on organic sales. There are opportunities for growth through affiliate partnerships, YouTube creator partnerships, and professional SEO optimization.
The business has over 75,000 customers and 16,000 users subscribed to the newsletter. The site enjoys top Google ranking spots for competitive keywords such as ‘stock music’ and ‘royalty free stock music.’
The business has a customer base of over 75,000 customers, including media producers and creators from various industries like TV, film, podcasts, and internet content creation.
BUSINESS MODEL & RESOURCES NEEDED
Current ownership dedicates less than ten hours per week to the business. One employee works an additional 5 to 10 hours per week.
THE INDUSTRY
The online stock music industry provides a platform for media producers to license royalty-free music and sound effects for their productions. This industry has experienced significant growth with the rise of digital media platforms like YouTube and podcasts. Examples of other companies in this industry include Epidemic Sound and AudioJungle.
OPPORTUNITIES TO SCALE
Potential scale opportunities for this business include partnering with YouTube creators for positive reviews and building automatic music suggestions based on user search activity. Additionally, building a new library of exclusively represented music tracks can expand the business’s offerings.
Asking Price: $325,000
Gross Income: $144,441
Cash Flow: $86,501
Year Established: 2002
Employees: 1
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