Every project is different and setting prices and quantities are part art and part science. We recommend considering the following:
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What were your production costs in producing your release? This could be things like printing, supplies, or materials.
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Were there any other costs, such as fees you paid to a designer or collaborator? Are these costs that could be mitigated using Splits on Metalabel, or are they costs that have already been paid? See our guide on customizing Splits.
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Accounting for Metalabel’s 10% platform fee and Stripe’s processing fees, how many do you need to sell to recoup your costs? How many do you need to sell to meet your goals?
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Do you want all of your earnings to go to your contributors, or do you want to put some aside for the next project? If the latter, you might want to consider setting up a Treasury.
- Are you interesting in circulating some of your releases for free as part of your promotional efforts? If so, how many do you feel comfortable setting aside?
To help with this process, head to Metalabel Studio for more release strategies, including a worksheet you can use as a template to scope out basic costs and calculate what you can net out from your release.