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Most hit tracks sell for $1.29 on iTunes, but not all. An increasing number of new singles are being priced at just 69 cents; and that lower pricing is helping them chart higher on iTunes. Label promotions strategies shifted to pricing 2 months ago when Apple added a "Great 69¢ Songs" section to iTunes about halfway down the store's front page.Of course using price to move music is not a new strategy, labels have been doing it for decades. But the cost of this kind of promotion – 69 cents vs. $1.29 or 53% off – dratically effects bottom line profits for labels and artists.
MORE: How Frank Ocean, Drake, Kayne West, DJ Khaled, Others Are Using A Loophole To Game The Charts
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