Licensed Digital Stock Music Store With 16K Newsletter Subscribers & Top Google Rankings
This innovative eCommerce Music Licensor is Top Ranked on Google and was the first source of digital stock music. Established all the way back in 2002, this strong offering is a completely online music store for stock and background tunes. With an immense database of more than 75,000 active customers, this unparalleled offering carries a high average order value of almost $40 and drives impressive returns.
OPERATIONS
Dedicating fewer than 10 hours per week to maintaining and growing this business, the current ownership is responsible for tending to customer concerns, curating new music portfolios, and reviewing new artist applications. Additionally, this business has one part-time employee who spends between 5 and 10 hours each week tending to any and all operational concerns. With no physical product, this compelling offering is 100% virtual and can be run from any device, anywhere.
The company operates solely through the internet, on a cloud-based server, with no physical product. With nearly 20 successful years under its belt, this business is sure to last.
MARKETING AND KEY METRICS
Utilizing minimal marketing spend and strategic initiatives, this opportunity has only one running campaign at the moment. Capitalizing on their extensive active user base, this business uses a weekly email campaign to drive all non-organic traffic as well as a minor retargeting system through Google. That being said, there are many turn-key ready affiliate programs as well as creator partnership programs that are effectively tailored to the needs of this company. Additional paths to increased success include YouTube partnerships with either the platform or its highly populator creator groups, professional SEO efforts, and active social media use.
The business uses a weekly email campaign to drive all non-organic traffic. There are also turn-key ready affiliate programs as well as creator partnership programs that can be utilized to grow the business. Additional paths to increased success include YouTube partnerships with either the platform or its highly populator creator groups, professional SEO efforts, and active social media use.
The company currently has over 75,000 active customers and 16,000 newsletter subscribers. The average order value is nearly $40.
The customer database contains more than 75,000 customer contacts with 16,000 of their users engaging regularly with their newsletter.
BUSINESS MODEL & RESOURCES NEEDED
The current ownership is responsible for tending to customer concerns, curating new music portfolios, and reviewing new artist applications. Additionally, this business has one part-time employee who spends between 5 and 10 hours each week tending to any and all operational concerns.
THE INDUSTRY
Licensing out royalty-free music, this lucrative business provides background music, sound effects, and everything in between to media producers across every industry. From YouTube Creators to high-end production teams in film, radio, and even video games, this audio vendor appeals to a wide range of buyers across the content industry and the world.
Across the Stock Music industry, this website is an icon of success and innovation as it was the first fully online stock music provider.
OPPORTUNITIES TO SCALE
From SEO and Paid Marketing to Affiliate connections and website automation, this company has a vast array of growth opportunities. There are many turn-key ready affiliate programs as well as creator partnership programs. Additional paths to increased success include YouTube partnerships with either the platform or its highly populator creator groups, professional SEO efforts, and active social media use. Exclusive tracks, automated music suggestions, and other cutting-edge functions would also be strategic ways to increase the current user base.
Asking Price: $195,000
Gross Income: $115,177
Cash Flow: $60,287
Year Established: 2002
Employees: 1
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