The twelve inch format was never really a very big seller worldwide back in the 70's and 80's. It was more popular in Europe than in the U.S. In reality, most 12" discs issued commercially were limited editions. Unless you frequented a dance club, it was very unlikely you would hear many of the 12" songs released. Most radio stations played only 7" versions of songs, and only the very popular ones. I used to get very frustrated back then because I had to buy the longer 12" versions overseas.
Regarding the number of pressings between labels, it really depended upon the label. The smaller labels were extremely difficult to obtain even when the song reached the top of the dance charts. The larger labels would generally press more copies than the smaller ones, but only after the song became a hit. It was not unusual to hear a 12" version of a song in a nightclub and have to wait 2 or 3 months before the song was pressed and released commercially as a 12" single. Many of the record stores would sell promotional 12" copies to satisfy the small demand for the extended versions.
Regarding DJ only 12" promotional discs, these were released to DJ record pools and clubs as well as record stores and radio stations across the country. Colored vinyl and odd shaped discs were also released as a promotional gimmick. Most promotional discs were never released commercially. There were times when hundreds of promo 12" records were released on a weekly basis. However, as mentioned before, many of these same versions were released in Europe.
The record companies would release as many 12" promo discs as necessary to get the LP to sell. The record companies made most of their profits from the LPs rather than the 12" singles. Most people wanted to hear the song and not the percussion breaks at the beginning, middle and end of the song. Even today, it is very difficult to buy CDs which contain full 12" versions. Most of the time, the songs are edited 12" versions or single versions.



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