MP3Fiesta Continues to Grow Despite Doubling Prices…

Filed Under (MP3Fiesta) by admin on 19-07-2008

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MP3Fiesta had been a solid recommendation by aom3.org community for a very long time, until during May 2008, MP3Fiesta literally doubled their prices from $0.10 to $0.20 per track. While still very cheap in comparison to other mainstream digital music shops, they dropped themselves down 3 places to 5th spot when comparing price/track.

A lot of customers were outraged that overnight their balanced were 1/2 in value without any notification from the MP3Fiesta team. The flooding of angry emails and posts to MP3Fiesta did nothing in restoring the original price scheme and customers were left forced to adapt.

It is speculated that MP3Fiesta rose the price to protect themselves from recent global economic instability and the worsening value of the dollar ($). What could be more convenient would be to change to a completely different currency, as MP3Sale did by changing to the Euro (€), however changing the currency could of had a detrimental effect since that majority of MP3fiesta visitors are from the US (20%), so MP3Fiesta stuck with the dollar and increased the price of their goods.

With the all the negativity and angry faces, MP3Fiesta has continued to grow and dominate this type of music industry, surpassing MP3sparks and all other ‘discounted’ digital music shops. From June 07 - June 08 MP3Fiesta experienced 670% growth in visitor traffic and according to alexa is in the top 5,000 visited websites on the Internet.

[MP3Fiesta.com]

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