What is MP3?

Most people have heard the term MP3 during a music discussion. You may have several of these files without really understanding what they are and why you would want to start selling digital music in this file format. To help you get ready for your online business of selling digital music online, learn about MP3 and how to get started.

MP3 stands for MPEG Audio Layer III. The file can be MPEG 1 or MPEG 2. This patented file encodes digital audio so that the data is in a small, easy-to-download file. This helps consumers store more files and play them on any digital audio player. MPEG stands for Moving Picture Experts Group. The technology is available to anyone who wants to create his or her own music and sell it. All you need to have is the software for writing music to a file.

Why Use MP3 Files Instead of Other Formats for Digital Music?

MP3 quickly became the file format for digital music. The popularity of this format has not changed and is unlikely to change anytime soon. MP3 works with all computers and digital audio players. Windows Media Player will play an MP3 file without a problem, for example. MP3 has been accepted as the top format. And nothing better has yet come along. If you study the electronics and technology industry, you can see how items have evolved to become better, like DVD to Blu-ray. There may be a different format someday but, at the time of publication, nothing better than MP3 is out there as a standard.

Selling Digital Music on Your Marketplace

Because you now understand the MP3 format, you can start selling digital music online. You have a couple of choices to make. A storefront at a marketplace like PayLoadz will be the easiest way for you to set up because you get the tools and resources you need for selling digital music. The storefront is already there; you just choose the background and theme and then download your music files. After your digital music is downloaded to your storefront and the shopping cart customizations are made, you can start selling.

Selling Digital Music with an Independent Website

It’s in your best interest to have more than one place to sell digital music. You might be in competition with yourself, but chances are you will gain more customers by selling digital music with your storefront, your own website and a place like eBay or PayLoadz. Most consumers have a preference regarding where they buy digital music, whether it’s an independent website or a place they recognize, like PayLoadz.

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