Billboard’scrack scientists conduct a quick studyon a deep new phenomenon : More expensive $ 1.29 songs on iTunes are becoming less popular ! ( Actually , the results will surprise you . )
One day after the price jump , there were 40 $ 1.29 strain in the Top 100 , and 60 at 99 cents . The $ 1.29 songs fell an norm of 5.3 place , while 99 centime song moved up 2.5 spot on average . The total intermediate chart drop-off of pricier songs since the price went up is about three places . Which sounds like the masses punishing the devouring labels , but it ’s not — greed profits :
For a price increase ( to $ 1.29 from $ 0.99 ) to result in an equal or greater amount of revenue , unit of measurement sales would to drop by no less than 23.3 % . On the most recent track download chart , the dissimilar between # 42 and # 45 was only 3.5 % . One has to move up to # 6 on the chart to get to a difference bang-up than 23.3 % . The remainder between the # 6 and the # 3 chart positions equals a 30 % drop-off in unit sales agreement while the difference between # 7 and # 4 is a 19 % drop in unit sales .
We try voting with our dollar , and our one dollar bill jab us in the back . [ Billboard ]
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