I just signed up with Luckstock and so far I must say I’m impressed with this relatively new music library. Its the most user friendly library I have tried so far. They even have an online chat which no other library I have tried has. I suspect their support is good too, but have not have had the need to get hold of them yet.
Signing up is quick, the uploading and tagging system is brilliant and tracks will usually be approved within 72 hours or max 7 days. I wish that all music libraries out there would take a look at Luckstuck and learn.
Uploading and tagging can be a real pain at some libraries, why not just make it as simple, easy and efficient as Luckstuck. Oh and their front end design is very clean too, whats not to like about Luckstuck?
If they are able to sell my music I definitely have a new library to put in my personal top 5!
| Luckstock.com | |
| Reviews Submissions | Yes |
| Re-Titles Tracks | Yes |
| Exclusive or Non-exclusive | Non-exclusive |
| Set Own Price | No |
| Commission Split | 50% |
| Tracks Approved In | Less than 7 days |
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What do you think about having your music at Luckstock since they set the prices and they are much lower than elsewhere? Wouldn’t a buyer look elsewhere for the lowest price of the same track, or do buyers only frequent certain markets they know and like?
I struggle a lot with these questions myself. I think the only way to go is to ask yourself as a composer: do I want to sell my music this cheap? Personally I don’t upload my music to a library if I on average make less than $15 per track. I don’t want to be giving my music away. As I improve as a composer I will probably set this threshold higher.
At Luckstock they also have a wide license where pricing is more reasonable. If I make sales and they on average is above the $15 threshold, I will continue to post my music. I also do get sales with the wide licenses at ProductionTrax and on RevoStock, so for at site to have wide licenses (more expensive) is a must for me.
I think its really difficult to find out if buyers do shop around. It’s impossible to find some statistics at this subject and to do it ourself would need require a serious amount of surveys.
If I was working as video producer with a deadline and have had a budget given to me would use the time to shop around? – not very often is my guess. But some producers probably will and I therefore don’t post my music to “dirt cheap” stock music sites. Luckstock might just make it, the only way to find out is to test it with some tracks and see.
In the future It’s also possible that I will go exclusive with one library. My best music will then only be available at one place at a high price. The rest of my music will (like now) be uploaded to multiple libraries.
Thanks for the detailed reply Anders. I didn’t even notice the wide license fee which is really reasonable. I’m just now in the process of getting my material out there and am trying to digest all the logistics of how to best go about this as well as understanding license differences and such.
I hear you about the exclusive contracts especially if you are getting paid well, that would be great. As you probably know, once you’re getting played on cable, radio and such, the royalty checks can add up.
I asked one guy who makes a living mainly composing royalty free music how much he got in royalties. He said about $100 a month, but the royalties really depends on which libraries you’re signed up to.
If the music is good enough some libraries will accept it into their catalog and pitch the music to TV stations and other media producers. The libraries I list are mostly not pitching the music, they rely on customers coming to their site. So there might not be as many royalties to get from the sales.
I’m not with a PRO yet, but have gotten one of my pieces used in a TV commercial and another by collegehumor.com, so placements do happen 🙂
i had a look at the library.
one comment: if you go to the music section to show “all the files” you get 391 pages and about 9400 items.
now order the items by “sale”: you will find that the first one “corporate reality” sold 35 times, and items in the 6th pages has no sales at all.
i hope that the sort-algorithm does not work, but if it works this means that on 9400 items, just about 100 got at least one sale.
that means that your probability to sell is about 100/9400 = about 1% and you will not get so much sales here.
it’s always my main concern: you should place your music where buyers are, not where royalties are higher.
and my answer is always that the majority of buyers are at audiojungle (no, i’m not a AJ employe!!!)
on AJ you have 70000 songs (on “music” section) and 2377 pages. if you go to page 1250 you still see songs with 1 sales. that means that an average song has 50% probability to get at least one sale.
so, a lot of songs has been bought on AJ, much more than all the other libraries… sad but true!
btw, this night i had a new sale on pond5: I followed your policy and set the P5 price much higher than AJ, but less than AJ extended licence. so far, on P5 i have sold 9 tracks for 65$ total, since december 2012 (I have audiologos on sale for 10$ and sold several there).
on AJ i have sold 95 items and had about 400$ income since august 2012.
on revostok i am still stuck at 1 sale (13.5$), and no sale at all on musicrevolution (both since dec 2012).
i have about 60-70 items in my library.
I still have to consider productiontrax, did not have time for it… and i have just signed on melodyloops.com (1 track online there… more to come!)
If you take a look at the Top Authors list you see more sales, but which numbers are correct we can’t tell. The only way to find out if LuckStock will sell is to sign up and upload some music. The library is also relatively new, so the sales numbers reflect this, but I think this library will continue to grow. It seems that, right now, mainly corporate music is selling on LuckStock.
And yes audiologos / intros / fanfares seems to sell well on most libraries. I have considered doing some myself. Thanks for the info 🙂
anyone heard of youlicense.com or tried them? they only allow 10 songs for free. $30 for six months. nice part is you can import from soundcloud.
somehow my post about youlicense.com didn’t get through. anyone use them? you can import songs from soundcloud which is nice… but… they also only allow 10 songs with their free account. upgrading is $29.95 for six months. 🙁
I have given up on youlicense for now, because their uploading and tagging system is just plain terrible to use.
After thinking I would never get a sale I got one today on Luckstock. I am $11 richer!!
Thats cool David, at least theres a little action at Luckstock for you 🙂