MikeH
Well-Known Member
Hey cmon...be easy on them. They are just a small company working out the kinks in their...7th year.Charging more, spending less. Good one VMP, you're learning
Hey cmon...be easy on them. They are just a small company working out the kinks in their...7th year.Charging more, spending less. Good one VMP, you're learning
Hey cmon...be easy on them. They are just a small company working out the kinks in their...7th year.
Oh what they could have done with all this time...
30,000 subscribers for essentials
I keep seeing this number, and I think it is quite a high estimate. Scanning the discogs entries for the past six or seven essentials (at least the ones I have), the number of these in people's collections range from 1849 (Caroline Rose) to 6051 (Queens of the Stone Age). The average is more like 3500. I know not everyone uses discogs, so a bit of extrapolation with some assumptions can be made from limited release numbers.
Here are some "In collection"/"total press" numbers for known quantity limited editions:
431/750 = 57%
574/1500 = 38%
342/750 = 45%
592/1500 = 39%
266/500 = 53%
234/500 = 46%
As you can see these vary a bit from 38% to 57%. So taking this range for QotSA, the range of essentials subscribers would potentially be 10615 to 15923.
High end math if only 38% people have in collection: 6051/0.38 = 15923
Low end math if 57% have in their collection: 6051/0.57 = 10615
Another way to look at it, is if there are indeed 30,000 essentials subscribers, that means only 20% of the QotSA collectors are using discogs.
Granted, this makes some assumptions that people are using discogs truthfully. Also, the limited editions are indeed limited to the number advertised. These estimates may even be a bit high, since limited editions attract more collectors who may be inclined to use discogs more than the average user.
I'm sure this calculation flawed is somehow, but I think their subscriber base for one track is closer to a max of 15,000, and averaging closer to 7000.
That's what I do with having more time....
I would wager that people who just let their essentials subscription ride and don't care about limited exclusives are less likely to use discogs than the average person who jumps on those limited exclusives. Hard to say though. Those are interesting statistics either way, so thanks for doing that.I keep seeing this number, and I think it is quite a high estimate. Scanning the discogs entries for the past six or seven essentials (at least the ones I have), the number of these in people's collections range from 1849 (Caroline Rose) to 6051 (Queens of the Stone Age). The average is more like 3500. I know not everyone uses discogs, so a bit of extrapolation with some assumptions can be made from limited release numbers.
Here are some "In collection"/"total press" numbers for known quantity limited editions:
431/750 = 57%
574/1500 = 38%
342/750 = 45%
592/1500 = 39%
266/500 = 53%
234/500 = 46%
As you can see these vary a bit from 38% to 57%. So taking this range for QotSA, the range of essentials subscribers would potentially be 10615 to 15923.
High end math if only 38% people have in collection: 6051/0.38 = 15923
Low end math if 57% have in their collection: 6051/0.57 = 10615
Another way to look at it, is if there are indeed 30,000 essentials subscribers, that means only 20% of the QotSA collectors are using discogs.
Granted, this makes some assumptions that people are using discogs truthfully. Also, the limited editions are indeed limited to the number advertised. These estimates may even be a bit high, since limited editions attract more collectors who may be inclined to use discogs more than the average user.
I'm sure this calculation flawed is somehow, but I think their subscriber base for one track is closer to a max of 15,000, and averaging closer to 7000.
That's what I do with having more time....
I would wager that people who just let their essentials subscription ride and don't care about limited exclusives are less likely to use discogs than the average person who jumps on those limited exclusives. Hard to say though. Those are interesting statistics either way, so thanks for doing that.
Wonder if someone can help out, I had a notification that Continuum shipped last week, although the tracking number consisted of six digits, VMPSO, then six more digits.
When I click the tracking option, I get taken to the membership page.
Is this normal? Guessing this hasn't been shipped yet...!
"invested in improvements" = the principals got new Teslas.
I bet if you told discogs that they have approx 20% of the VMP user base actively using their platform they would be THRILLED. That's a solid market share from a label that has a large user base, above average prices, and zero formal integration.Another way to look at it, is if there are indeed 30,000 essentials subscribers, that means only 20% of the QotSA collectors are using discogs.
I bet if you told discogs that they have approx 20% of the VMP user base actively using their platform they would be THRILLED. That's a solid market share from a label that has a large user base, above average prices, and zero formal integration.
But having said all that, I would not be surprised if VMP rounds up to 30 from say... 24.6. Given the way VMP does things, I also wouldn't be surprised if they count each track as a single subscription. So if you (one individual) subscribes to all 3 tracks, you have 3 subscriptions. It would in no way shock me if VMP counts that as 3 "subscribers" especially with their investor backed business model.
Still, the 30k might be the number pressed and not the number of customers. Actual membership might have been 25k peak, plus 5k to replace potential warps and shipping errors, and you know, by the time they add on how many Vinceron wants as well.If I remember in the prospectus it was approx 30k essentials and approx 40k individual subs (so across all 3 streams). Again I think that these would be peak numbers, aren’t necessarily true anymore given the fuck ups since this time last year, and yeah there may well be rounding up involved.