With the variety of music downloads for sale online, it’s surprising that anyone buys traditional CDs anymore. It’s more convenient to pick the songs, albums or compilations you want and download them to your computer or device. Many people and companies sell online digital music downloads. The sales generated have exceeded physical music sales.
History of Music Downloads
Music downloads overtook physical sales in the U.S. music industry in 2011. Music downloads hit an all-time sales high and took the lead in the industry, according to a report by Nielson and Billboard. Online music sales accounted for 50.3 percent of all U.S. music sales, up from 8.4 percent in 2010. Meanwhile, physical music sales dropped 5 percent. The trend is expected to continue.
Steve Jobs promised around the year 2000 that he would reinvent the music industry with the iPod, and he lived up to his promise. Vinyl, tapes and CDs are being replaced with phantom digital music downloads, that although you cannot touch, you can hear in digital clear quality. With books, videos and movies going in the same direction, it’s just a matter of time before the movie and music section of the local Target or Walmart becomes a thing of the past.
Music Download Entrepreneurs
For many people, this new trend in the music industry has become a way to make money from home. The digital download industry is exploding, making it a viable work-from-home opportunity for entrepreneur-minded people. People create or buy digital downloads as music, eBooks, videos, photos or documents and sell them through their owns sites or third-party storefronts. They use digital download services like PayLoadz.com to take payment and deliver downloads securely to customers. A woman in Idaho working from her home, for example, can have music downloads for sale to people in Australia or anywhere else in the wide world of the Internet.
The music download industry is likely leading the way for how customers will buy all their entertainment in the future. First came the iPod; Kindles and iPads followed, so that almost any kind of media can be downloaded. For the generations to come, physical media will probably just be a page in history, a page they likely will read in a digital format!