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    Price Your Music

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    As of January 21, 2019

    Songtradr offers an intelligent, comprehensive pricing system which automatically sets pricing to align with industry standards as well as how your music will be used by the buyer. This system is called Default Pricing.

     

    Default Pricing is the recommended setting for your catalog to allow for easier, faster licensing. If you would like to use this default setting, you do not need to take any action.

    If you wish to actively control pricing of your music, you can customize based on the type of project, geographic territory and more.

      

    1. PRICING CONTROL - “DEFAULT PRICING”

    Use this method if you would like uniform pricing across every song in your catalog.

     

    TO GET STARTED

    • Login to your account
    • Click My Songs on the left toolbar

     1._Account_annotated.png

     

    • Choose Pricing Control Settings on the left toolbar.

    2._Pricing_Control_annotated.png

    A list of project types will appear.

    Each project type will be checked by default, allowing your music to be opted in for Automated Pricing.

    3._Pricing_Control_page_annotated.png 

     

    • You will also see that each project type pricing range is set to Mid. You can select Low, Mid or High.

     4._Low_Mid_High.png

     

    • If you would like to opt-out of Default Pricing for any project type, uncheck the box which should then appear grayed out.

    5._Unchecked_Box_-_Automated_Licensing_Off.png

     

    It’s important to note that by opting-out of Default Pricing, you are removing the ability for any potential buyers to complete a license in one seamless transaction. They can still enter their project details but will need to wait for a Custom Quote.

     

     

    PRICING PREVIEW

    As you customize your Pricing Control Settings, the Pricing Preview window to the right will calculate and show license pricing as a buyer would see it. Changing parameters such as project type changes the subsequent fields which need to be filled in. This, in turn, affects the final calculation.

     6._Pricing_Preview_annotated.png 

    20._Pricing_Preview.png

     

    ADDITIONAL SETTINGS

    Near the bottom of the Pricing Control Settings page, you can further customize your preferences.

     

    Red checkboxes

    Allow Songtradr to negotiate any non-exclusive licenses for me

    • If the box is CHECKED, you allow Songtradr to immediately negotiate license pricing on your behalf for any custom quote inquiries
    • If the box is UNCHECKED, Songtradr will need to contact you for pricing in order to negotiate with a potential buyer

     

    Allow Songtradr to include my music in any non-exclusive Monetization deal

    • If the box is CHECKED, you allow Songtradr to include your music in a Monetization deal, even if you did not choose a pool on the Monetization page
    • If the box is UNCHECKED, you opt-out and Songtradr will not include your music in any Monetization deals




     7._Red_Checkboxes_zoom_out_annotated.png

     

     

    Magenta checkbox

     

    Disable Automated Pricing by Territory

    • Click World. The Define Territory window will appear 
    • To disable individual territories, uncheck the box beside it. This will automatically disable Automated Pricing for the World
    • Click Save Territory to activate your changes

    Anything you customize on the Pricing Control Settings page will be automatically reflected in the song's Public View, providing buyers with clear usage and pricing offered.

     8._Purple_Checkbox_zoom_out_annotated.png

    23._World.png

     

     

    2. PRICING CONTROL - “CREATE NEW SETTING+”

    Use this method if you would like to create a custom pricing setting which can be applied to any song or to your entire catalog. This can be done at any time.

    • Opt-in or out of the project types and select your additional preferences in the red and magenta checkboxes to customize your pricing for this setting
    • Click Create New Setting+
    • Enter the name of your new setting in the pop-up window
    • Click OK

    You have now created a custom setting which can be used for any song or your entire catalog.

    9._Create_New_Setting_annotated.png

     

    Type a name into the field for that particular setting and click OK

     

    10._New_Setting_Name_annotated.png

     

    Your newly-created setting will appear in the dropdown for use at any time

    11._Choose_a_Setting_annotated.png

      

     

    3. PRICING CONTROL - BY INDIVIDUAL SONG

    Use this method if you would like to modify pricing for a particular song in your catalog.

     

    TO GET STARTED

    • Login to your account
    • Click My Songs on the left toolbar

     1._Account_annotated.png

    • Click the song you would like to set pricing for

     

    • Click Pricing Control on the left toolbar

    15._Pricing_Control_annotated.png

     

    From here, you have three options:

     

    Option 1 - Using Default Pricing:

    This is the automatic setting for all songs in your catalog which means all boxes will be checked.

    • Use the Select Pricing Control Setting dropdown and choose Default Pricing
    • Click Save

      

    Option 2 - Select a previously saved setting:

    • Use the Select Pricing Control Setting dropdown to choose from previously created settings
    • Click Save

     

    Option 3 - Create Custom Pricing:

    • Click Custom Pricing
    • Select or deselect the relevant project type(s)
    • Select Low, Mid or High for any project type
    • Customize additional preferences with the red and magenta checkboxes
    • Click Save

     

    Screen_Shot_2019-01-21_at_12.01.59_PM.png

     

    3. PRICING CONTROL - BY INDIVIDUAL SONG

    Use this method if you would like to modify pricing for a particular song in your catalog.

     

    TO GET STARTED

    • Login to your account
    • Click My Songs on the left toolbar

    1._Account_annotated.png

     

    • Click the song you would like to set pricing for
    • Click Pricing Control on the left toolbar

     15._Pricing_Control_annotated.png

     

    From here, you have three options:

     

    Option 1 - Using Default Pricing:

    This is the automatic setting for all songs in your catalog which means all boxes will be checked.

    • Use the Select Pricing Control Setting dropdown and choose Default Pricing

     Select_Custom_or_Preset_Pricing_annotated.png

     

    • Click Save

     Screen_Shot_2019-01-21_at_11.23.53_AM.png

     

     

    Option 2 - Select a previously saved setting:

    • Use the Select Pricing Control Setting dropdown to choose from previously created settings

    Screen_Shot_2019-01-21_at_11.22.38_AM.png

     

    • Click Save

     Screen_Shot_2019-01-21_at_11.23.53_AM.png

     

     

    Option 3 - Create Custom Pricing:

    • Click Custom Pricing
    • Select or deselect the relevant project type(s)
    • Select Low, Mid or High for any project type
    • Customize additional preferences with the red and magenta checkboxes
    • Click Save

     

    Screen_Shot_2019-01-21_at_12.01.59_PM.png

     

    IMPORTANT TO NOTE: by opting-out of Default Pricing, you are removing the ability for any potential buyers to complete a license in one seamless transaction. They can still enter their project details but will need to wait for a custom quote.

     

     

    Original Article, Prior to January 21, 2019

     

    Songtradr offers an intelligent, comprehensive pricing system which automatically sets pricing of songs to align with industry standards i.e. SONGTRADR RECOMMENDED PRICING.

    For those who wish to customize and set their own pricing, there is the option to switch to USER CONTROLLED PRICING.

    We also provide the ability to bulk price your catalog using fully customizable Pricing Settings.

    All pricing settings you select on the License Pricing page will be automatically reflected in the song's Public View, providing buyers with clear usage and pricing offered.

     

    PUBLIC VIEW SAMPLE:

    Screen_Shot_2017-11-08_at_2.26.39_PM.png

     

    Learn more about how you can earn more per license by becoming a Songtradr Pro Subscriber >

     

    SONGTRADR RECOMMENDED PRICING SETTINGS

    This is the default setting and the recommended setting for your catalog to allow for easier, faster licensing as this pricing aligns with industry standards.

    • Login to your account
    • Click Account Settings on the left navigation bar

    dashboardaccountsettings.png

     

    • Click Pricing Settings on the left toolbar

    Screen_Shot_2018-02-08_at_5.03.04_PM.png

     

    You should now be on the Default Setting page which shows Recommended Pricing settings all activated (switched to BLUE) i.e. Micro Licensing Subscription Pricing, Professional Subscription Pricing, Micro Licensing Pricing and Professional Pricing 

    Note: (BLUE = Active, GREY = Not Active)

    Screen_Shot_2017-11-08_at_2.29.55_PM.png

     

    If you wish to deactivate any of the four pricing settings i.e. Micro Licensing Subscription Pricing, Professional Subscription Pricing, Micro Licensing Pricing and Professional Pricing, switch the toggle to GREY

    • Click Save License Pricing when you are done

    Important to note:

    • This will save as your Default Setting for Pricing
    • You can mix & match these settings, however, we recommend keeping all toggles ACTIVE (i.e. BLUE)

    (See below screenshot for an example where Micro Licensing Subscription Pricing and Micro Licensing Pricing has been deactivated.)

    Screen_Shot_2017-11-08_at_2.33.10_PM.png

     

    PUBLIC VIEW SAMPLE:

    Screen_Shot_2017-11-08_at_2.36.16_PM.png

     

     

    PROFESSIONAL PRICING & USER CONTROLLED PRICING

    For those who wish to set their own pricing, Songtradr offers customizable pricing by use type.

    To begin customizing, go to the User Controlled Pricing section and switch the Control toggle to BLUE.

    Note: In the above section, Professional Pricing will automatically deactivate (GREY)

     

    • To adjust the prices for all use types, move the Pricing Fader right to increase or left to decrease

    Screen_Shot_2017-11-08_at_2.37.59_PM.png

     

    • To turn specific use types to Offer Only, switch on Disable Pricing By Use Type (BLUE = ACTIVE)

    You then have the option to select specific use types by ticking the corresponding boxes

    • Click Save License Pricing when you are done

    (See below screenshot for an example where all Advertising options have been set to Offer only)

    Screen_Shot_2017-11-08_at_2.40.10_PM.png

     

    If you wish to create a customized pricing template that you would like to apply to multiple songs, click + New Setting

    An empty pricing template will open. Enter a name for your new pricing template and set pricing, click Save License Pricing when you're done

    This pricing template will now save as a Pricing Setting

    Screen_Shot_2017-11-08_at_2.45.26_PM.png

     

    CUSTOMIZING PRICING BY SONG

    If you wish to keep the Songtradr Recommended Pricing default setting but you want to customize certain songs, you can edit Pricing on a song-by-song basis.

    • Log in to your account
    • Click My Songs on your Dashboard or from the drop-down menu on your profile icon

    click_into_my_songs.png

     

    • Click anywhere in the white space around the waveform to enter song edit mode

    Screen_Shot_2017-10-17_at_12.13.53_PM.png

     

    • Click License Pricing on the left toolbar

    NOTE: Your song will automatically be set to Default Setting as explained above

    Screen_Shot_2017-11-08_at_2.47.56_PM.png

     

    To edit pricing click the Selected Settings dropdown

    Here, you can apply a previously created pricing template e.g. Setting 2 (Smoke etc.) 

    Or, if you wish to customize pricing for this song, Select Custom from the Selected Setting dropdown menu

    Screen_Shot_2017-11-08_at_2.59.35_PM.png

     

    If you wish to deactivate any of the four pricing settings i.e. Micro Licensing Subscription Pricing, Professional Subscription Pricing, Micro Licensing Pricing and Professional Pricing, switch the toggle to GREY

    Click Save License Pricing when you are done

    (See below screenshot for an example where Micro Licensing Subscription Pricing and Professional Subscription Pricing have been deactivated (GREY)

    Screen_Shot_2017-11-08_at_3.09.55_PM.png

     

    USER CONTROLLED PRICING BY SONG

    For those who wish to set their own pricing, Songtradr offers customizable pricing by use type on a song-by-song basis.

    • Login to your account
    • Click My Songs on your Dashboard or from the drop-down menu on your profile icon

    click_into_my_songs.png

     

    • Click anywhere in the white space around the waveform to enter song edit mode

    Screen_Shot_2017-10-17_at_12.13.53_PM.png

     

     

    • Click License Pricing on the left toolbar

    NOTE: Your song will automatically be set to Default Setting as explained above

    To begin customizing, go to the User Controlled Pricing section and switch the Control toggle to BLUE.

    Note: In the above section, Professional Pricing will automatically deactivate (GREY)

     

    • Move the Pricing Fader to adjust the prices for all use types

    Screen_Shot_2017-11-08_at_3.17.13_PM.png

     

    • To turn specific use types to Offer Only, switch on Disable Pricing By Use Type (BLUE = ACTIVE)

    You then have the option to select specific use types by ticking the corresponding boxes

    • Click Save License Pricing when you are done

    (See below screenshot for an example where all Advertising options have been set to Offer only)

     

    Screen_Shot_2017-11-08_at_3.19.51_PM.png

     

     

     

     

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