Traxsource has recently announced a new feature to provide more royalties to labels wishing to submit music to the DSP as an exclusive release. This new service is designed for record labels that are actively engaged with Traxsource, further strengthening the relationship between the store and brands that push for sales on their website.
‘Exclusive Promos’ available on Traxsource offer numerous benefits, foremost among them being the ability to command higher price points. This elevated pricing, combined with their newly introduced ‘Enhanced’ royalty split specifically designed for exclusive period sales, presents a highly effective strategy for maximizing earnings during the critical initial weeks following release.
Furthermore, the utilization of Exclusive Promos enhances the prospects of your release securing premium featured placements. The Traxsource A&R team and their advanced curation tools assign greater significance to Exclusive Promos. Essentially, these Exclusive Promos will receive a greater likelihood of being chosen for featured positions across various categories including Weekend Weapons, Hype Chart, What’s Hot, Genre Essentials, Featured Releases, and more.
Here are a few benefits of the Enhanced Exclusive Promos on Traxsource:
- Receive a higher royalty for sales during the Exclusive period.
- Sell your music at a higher price point.
- Enjoy the freedom to deliver only the releases you desire as exclusives. There is no obligation or expectation for every release to be exclusive.
- Give your releases a better chance of receiving premium featured positions.
- Stream your releases during the Exclusive Period on Spotify and other consumer-based Streaming services (like apple music, deezer, etc) for optimum Promotional Impact.
The exclusive period can be as little as 1 week and up to a lifetime exclusive. Click here to read about how to set up an exclusive.
If you have any questions about this new Traxsource feature, feel free to reach out to one of our team members at support@labelengine.com