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British Music Dot Com Site Booming – 1st Year Results

Added: (Sat Aug 26 2000)

Pressbox (Press Release) - BURBs co uk
Barry Ratcliffe, Owner


British Music Dot Com Site Booming – 1st Year Results

Northampton, UK, 26 August 2000

The British Underground Rock Bands web site (BURBs) has now completed the first year of trading since switching on award winning E-commerce solutions on the 15th August 1999.

The site acts as a portal to all unsigned bands in the UK, although some bands have secured record deals recently, this in itself being no disqualification to membership of the site. The CD Store was set up to generate sales for the bands own self produced CD titles. Artists ship the CD direct to the purchaser and receive a 75% payout of the total transaction.

BURBs has been built and run as a hobby by 29-year-old entrepreneur, Barry Ratcliffe for the last 4 years. “On the whole, I’ve lost money with BURBs so I’ve never advertised because of the costs.” Please bear that in mind when reading these first years trading figures:

Total Turnover: £2,256.20
Net Profit: £646.61
Bands Earned: £1,142.04
# of Secure Credit Card Transactions: 147
# of Card Related Security Problems Nil

BURBs co uk is now preparing a thorough business plan and will soon be seeking venture capital from an investor to turn the site into a totally unique type of dot com record label. Aiming to be THE portal to British Rock/Indie music the label has immense possibilities via both allowing artists to sell CDs at the site or by signing selected artists to BURBs' own record label. Talks with two specific artists are already in progress.

In addition BURBs plans to advertise heavily to the world at large the existence of such a high concentration of quality rock music. Any music fan feeling underrepresented and disappointed by the current state of the charts could do worse than investigate the best of British rock at www.burbs.co.uk.


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