It's vital to know the industry, and as one of the founding companies of the industry , Ripfactory has the experience to guide you through the start of any new business opportunity:

1. What is the service?

The service takes client CD collections and uses robotic equipment to load those CD's onto digital music devices such as Apple iPods and music media servers.

2. What size is the market?

The market for digital music services has grown since 2001 at an astonishing rate. To date iPod sales alone are 100 million units worldwide and with mobile phones this is set to increase to the 100's of millions of devices annually - just take a look at how Nokia is attacking the market. These are all customers going digital. With sales of pysical media still hitting 1 billion units annually, many many opportunites exist to take customers digital.

3. Who is Ripfactory?

Ripfactory is one of the original CD ripping companies who now provide hardware and software solutions to the ripping industry and are based in Belfast, Ireland.

4. What is the target market?

30-55 age group with an average collection of 150 CD's some with technical expertise and no time, some just without the technical expertise!

5. is this market developed?

It is fair to say that this is a developing market and has saw stuning growth in 2005 and early 2006 in particular.

6. What is the average sale value?

On average, each sale is approx 200 euros/pounds/dollars

7. What is the average margin?

Average margins are between 60 and 70% per job.

8. What premises do I require?

The business can be home based initially operating in a 12 x 12 foot room but commercial premises of a similar size are highly recommended.

9. What infrastructure do I require?

A reliable internet connection

10. What technical knowledge do i require?

It helps to be familiar with portable music devices, and media formats, but all training can be delivered at our Belfast HQ.

Read more about what makes cd conversion such a great opportunity >>