I was never a big collector of CDs, but I often wonder what happened to the people who had hundreds of CDs carefully arranged in multiple binders. Maybe those people joined Murfie, a new online marketplace that lets you convert your CDs into digital tracks and then sell them online.
Murfie is easily one of the most generous websites I have ever seen. Once you sign up, it sends you a box to send all your CDs in, and it even covers shipping. Once your CDs are received, Murfie converts them into digital tracks and lets you set the price for their sale.
While you probably won't make a ton of money selling your old Ginuwine or B4-4 CDs, it is certainly better than the alternative disposal methods of throwing them directly in the trash or forgetting about them and hoping they somehow biodegrade.
CD-Converting Music Sites
Murfie Lets You Convert and Sell Your Old CDs as Digital Albums
Trend Themes
1. Physical Media Conversion - There is an opportunity to create more websites that convert physical media into digital tracks for resale.
2. Personalized Music Marketplace - New businesses can leverage this personalized approach, and create online marketplaces that allow users to buy and sell customized digital music albums.
3. Circular Economy - There is an opportunity to create more sustainable and eco-friendly business models that repurpose physical media into digital tracks.
Industry Implications
1. Music Streaming Services - Existing music streaming services can integrate physical media conversion features to expand their offerings and cater to a wider audience.
2. Second-hand Marketplaces - Online marketplaces that specialize in second-hand items can expand their offerings and include physical media conversion services for greater customer value.
3. E-commerce Platforms - E-commerce platforms can create a new category within their platform that allows sellers to convert their physical media into digital tracks and sell them online.