There Are Platforms That Are Intended For People Like You
It Wouldn’t Hurt To Have Your Own Merch!
Do Not Complicate Things Too Much!
People Love Giveaways!
The wise musicians are those who play what they can master.”
– Duke Ellington (Pianist and Composer)
Imagine being able to follow your passion, play your music to the world, express your creativity and talent, and at the same time earn a satisfactory amount of income through it. This is what most musicians dream of when they begin their careers.
Unfortunately, this is not as easy as it sounds, especially when there are thousands of big names and gifted people already existing in this industry. According to Variety: Musicares Survey, 62% of the respondents launched last fall are experiencing moderate to high levels of financial stress.
Luckily, as this field has evolved a lot over the past several years, it has opened the door for various opportunities for musicians to stand out in this competitive industry and earn sufficient amounts.
Wish to learn what they are? Stay tuned, as I share some effective ways to increase your income as a musician.
It’s Time For Some Self-Talk
Usually, music artists (particularly younger folks who are just getting started) tend to be caught up in all the different strategies that are going to help them succeed and fame and money in their line of work.
Although there’s nothing wrong with that, you should first prepare yourself for all that’s going to come along the way before you embark on this journey. Ask yourself if you are truly ready for all the money and success.
Are these the only things that are in your focus? If that’s the case, you should alter your mindset and include some other things. What does it mean? It means that you shouldn’t solely prioritize external factors, but internal ones too, otherwise, it wouldn’t take long for you to get lost in all of this.
So, your first step should be to be one hundred percent ready (mentally) and prepare yourself for anything that may strike you on this journey. Only then you will be able to concentrate on other elements, in this case, potential profit and success.
There Are Platforms That Are Intended For People Like You
It doesn’t take a genius to guess that being a struggling artist is not easy and brings several challenges with itself, regardless of how talented you are. Being a musician, you would want to reach people with your voice and music, but since this place is already crowded with so many people just like you, it can be difficult to find an effective way to pull that off.
But don’t fret! The digital world understands this struggle, so it “decided” to equip itself with all kinds of solutions that can significantly help in this endeavor. A creative team at indiefy.net wants to remind you that these days, you can count on different online music distribution companies designed for artists like you. So what are their major perks?
Namely, some of these platforms provide artists with a free distribution option, enabling them to distribute all their music without the need to pay any upfront fees. Anything that they earn through these platforms goes to their pocket.
Here, the only thing that needs to be paid is an annual fee, which is generally very small and affordable for practically anyone. These types of digital music distribution services also allow artists to upload all their music that’s on Spotify.
With these types of platforms, you’ll be capable of distributing your music to various streaming platforms, and, simultaneously, have all control over all your songs, while having an effective strategy for reaching an international audience.
This is a perfect tool for any person who wants to succeed in this industry but does not have any access or connections with record labels.
DO YOU KNOW? Usually, musicians only earn 50% of their mechanical and residual income from a recorded song.
It Wouldn’t Hurt To Have Your Own Merch!
Have you wondered why many people who are already relatively popular in the digital world (or who are striving to become more famous) have their own merch?
Well, it is because this is generally an amazing idea, especially if you already have a particular fan base. That’s because fans love supporting their favorite artists by buying items that perfectly depict their music and personality. This doesn’t refer solely to the musicians, but influencers, actors, and many others.
Thankfully, it doesn’t require any rocket science to make and sell eye-catching merchandise to reach your target audience better! But there are a few things that you must focus on and carefully make decisions about during this process:
Choosing the items that you’ll be selling, and your audience would be interested in.
Craft designs that are interesting, yet authentic.
Blast off an online shop.
DO YOU KNOW? The global merchandise market is projected to be valued at $16.3 billion by 2030.
Do Not Complicate Things Too Much!
The Musicians who have been struggling for a while, often obsess over various things they can do to earn more money, which can make them feel as if they are stuck in a vicious cycle they cannot escape from.
In such situations, they may create their own YouTube channel where they’ll give some music lessons or have live streams and or get involved in some other activities that may or may not be lucrative.
Even though that’s okay, all of these things can have a negative effect on your health, and it may drain you emotionally and physically without really helping your earnings. Instead of wasting your precious time on these activities, it would be better for you to keep things simple and concentrate on things that can truly improve your financial situation.
The simplest way you can achieve this is by doing whatever you can to enhance your performances on live shows. Yes, you heard it right, this may sound like a no-brainer, but you won’t believe how many musicians fail to do so, just because they are too focused on the aforementioned activities. So the bottom line is to keep things straightforward as far as this goes, and you’ll climb the ladder to success anyway.
People Love Giveaways!
You might have observed how popular giveaways and gifts have become in various professions in the current times. That’s because people who resort to them are fully aware of the advantages and outcomes it brings. That’s why, if possible, you should also consider opting for them!
It doesn’t matter whether you do them during your live shows, or live streams, or choose to follow any other method. In every situation, these will help you grab the attention of your audience, and, concurrently, build rapport with them.
One way you can do it is by selecting an item (that’s part of your merchandise) that’s very popular and announce to that you’ll be giving it during your next performance or live.
The music industry is a saturated place and is already dominated by some big names. Even though at first glance, it may look as if you do not have a plethora of options to diversify your income, but as you can see in this article, there are really excellent ways you can increase your revenue, without “selling your soul”.
