But, our problem isn't making the highest profit from selling our music. The biggest problem is how to grow our fan base and effectively reach out to new listeners who would be interested in our sound, but haven't discovered us.
I feel like the "old music industry" had a way of solving the 2nd problem as it seems to be analogous to winning a popularity contest and straight up brain-washing young children into liking something by making it look or sound cool.
Anyone can create music and get it into the iTunes store these days. The margins are great, but you still need tons of people to like and buy your music to actually make a living out of it.