The Shakes
description
Transcript of The Shakes
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The Shakes
“They shake the very roots of music”Ricky Love, Musomag
“I predict a meteoric rise to superband status”Lilly Adams, Youngbands
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The Shakes’ revenue and costs (old)Revenue
Price per unit Unit sales Total revenueCD £2.99 827 £2,472.73Download £0.80 1000 £800.00Total revenue £3,272.73
Costs
Cost per unitNumber of units Total cost
CD £0.60 2000 £1,200.00Download £0.20 1000 £200.00Recording studio £1,750.00 1 £1,750.00Advertising £800.00 1 £800.00Manager's fee £600.00 1 £600.00Total costs £4,550.00
Profit / Loss -£1,277.27
This table shows The Shakes’ finances before their promotional tour. Their revenue was good, but the cost
of producing the CD meant that they made a loss.
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The Shakes’ revenue and costs (new)
RevenuePrice per unit Unit sales Total revenue
CD £2.99 1856 £5,549.44Download £0.80 2050 £1,640.00Tour revenue £6,250.00Total revenue £13,439.44
Costs
Cost per unitNumber of units Total cost
CD £0.60 2000 £1,200.00Download £0.20 2050 £410.00Recording studio £1,750.00 1 £1,750.00Advertising £800.00 1 £800.00Manager's fee £600.00 1 £600.00Tour costs £3,200.00Total costs £7,960.00
Profit / Loss £5,479.44
The Shakes' revenue and costs (new)
This table shows how
going on tour increased the band’s profit from a loss of £1,277.27 to a
profit of £5,479.44.
Here you can see how the sales of CDs and downloads increased after the tour.
The profit is the total revenue minus total costs.
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Yourbands download chart
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No. of downloadslast week
No. of downloadsthis week
This chart compares how The Shakes’ single was selling before and after the tour. Sales have more than doubled,
meaning that audiences are loving The Shakes!
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The
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esRevenuePrice per unit Unit sales Total revenue
CD 2.99 1856 =C7*D7Download 0.8 2050 =C8*D8Tour revenue 6250Total revenue =SUM(E7:E9)
Costs
Cost per unit Number of units Total costCD 0.6 2000 =C14*D14Download 0.2 =D8 =C15*D15Recording studio 1750 1 =C16*D16Advertising 800 1 =C17*D17Manager's fee 600 1 =C18*D18Tour costs 3200Total costs =SUM(E14:E19)
Profit / Loss =E10-E20
The Shakes' revenue and costs (new)
Formulae
This table shows the formulae
for working
out revenue, costs and
profit.
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The Shakes
“Are going places…”Thursten Copak, Fanbase Magazine