Ne007
June 10th, 2006, 09:17 AM
Not spam..just thought someone out there may be interested in this.
By Mark Anderson
I've been a la la user since March, and I'm hooked. This is a smartly coded site and a very clever business model.
La la is a peer-to-peer used CD store on the net that launched Thursday. You trade CDs with other users, not unlike the DVD-trading site Peerflix.
For $1.49 a pop, my influx of music now approaches what it was in high school and college, when used records were still cheap enough to indulge experimentation. Before la la was born, I had never been able to afford a let's-try-it-and-see approach with CDs.
Here's how it works: After setting up an account, you list the CDs you are willing to trade in a "Have List," and the CDs you want in a "Want List." Your page also includes site-generated recommendations based on your lists and pointers to other la la users with similar lists.
Several times a week, I receive e-mails from la la telling me to send CD X from my Have List to user Y. Doing so, using la la's free, postage-paid mailers, I build up credits for acquiring CDs on my Want List.
Each CD trade costs $1, plus 49 cents for postage. For every $1.49 CD you buy, you must also sell at least one of your CDs into the system.
My Have List now hovers above 60. My Want List is at 45. I have sold 58 CDs so far and received 52. I typically receive three to five CDs per week. The $1.49-per-CD fees are totaled at the end of the month and charged to my credit card.
With each transaction, 20 cents gets channeled into an escrow account destined to be donated to the recording artist(s) or, if they are deceased, to a foundation to subsidize health insurance for working musicians.
Read the Rest Here:
http://www.wired.com/news/culture/reviews/0,71106-0.html?tw=wn_index_19
By Mark Anderson
I've been a la la user since March, and I'm hooked. This is a smartly coded site and a very clever business model.
La la is a peer-to-peer used CD store on the net that launched Thursday. You trade CDs with other users, not unlike the DVD-trading site Peerflix.
For $1.49 a pop, my influx of music now approaches what it was in high school and college, when used records were still cheap enough to indulge experimentation. Before la la was born, I had never been able to afford a let's-try-it-and-see approach with CDs.
Here's how it works: After setting up an account, you list the CDs you are willing to trade in a "Have List," and the CDs you want in a "Want List." Your page also includes site-generated recommendations based on your lists and pointers to other la la users with similar lists.
Several times a week, I receive e-mails from la la telling me to send CD X from my Have List to user Y. Doing so, using la la's free, postage-paid mailers, I build up credits for acquiring CDs on my Want List.
Each CD trade costs $1, plus 49 cents for postage. For every $1.49 CD you buy, you must also sell at least one of your CDs into the system.
My Have List now hovers above 60. My Want List is at 45. I have sold 58 CDs so far and received 52. I typically receive three to five CDs per week. The $1.49-per-CD fees are totaled at the end of the month and charged to my credit card.
With each transaction, 20 cents gets channeled into an escrow account destined to be donated to the recording artist(s) or, if they are deceased, to a foundation to subsidize health insurance for working musicians.
Read the Rest Here:
http://www.wired.com/news/culture/reviews/0,71106-0.html?tw=wn_index_19