Hello! Welcome to my "How To Make Money Selling Your Music Online" article!
To all music enthusiasts out there, rejoice! I have written this article for all of you. Your exceptional talent in music can be a source of money.
In this article, I will share to you how to make money selling your music online.
After reading this one, you will be able to maximize your talent and even make a living out of it.
Without any further ado, let's get started.
Ways To Sell Your Music Online
When we view making money making music, we generally think of signing to a music label or go to a recording studio and get a contract. We also think of getting gigs regularly.
However, we fail to open our minds wider to look for more opportunities. We are already living in a modern world. We are all connected because of the internet.
We can almost do anything on the internet and that includes earning money. This is one thing that all of you musicians out there fail to utilize.
Because of this, you are in more control of what you can do with your music.
You are independent and can do what you want to do. In contrast to signing up in a music label, wherein they decide for you.
With that being said, here are the ways how to make money selling your music online.
#1 Your website
The first way I will introduce to you will give you complete freedom on your musical career.
You sell your music through your own website. Having your own website is very advantageous.
First and foremost, you own it and have complete control over it.
Even though there are several social media sites out there, your fans will always find your music in your website.
Second, with a website, you will be able to collect email addresses from your fan base. having email addresses is excellent. This is because it will be easier for you to do email marketing.
You can send emails to your fans and update them on your own music. Furthermore, this is very important in the long-term.
Also, you can use your website to sell other merchandise, apart from your music. This is a great way to earn more money!
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LuckStock is a royalty-free music and sound platform. Basically, it is a website where people can look for music and sounds for any kinds of purposes.
Furthermore, they won't have to ask permission or even provide attribution to the composer. This is because royalty-free stock platform.
All kinds of music can be found here. Most of the time, they are used as a background music for movies and commercials. YouTube content creators, visit this website too. Other uses include, presentations and even radio broadcasts and podcasts.
It is pretty much the same as Pixabay, which is a stock photo platform.
That is if you are looking for music.
However, if you want to make money with your music, then LuckStock is great.
Whatever music you have, you can try selling it here. As for the price, LuckStock decides on how much it will give you for your music.
It has various factors to consider such as the length and the complexity of the music.
On average, LuckStock offers between $6 to $30. Furthermore, your music will be reviewed before the website will buy it.
#3 CD Baby
Cd Baby is one of the best online music distributors for independent artists. Basically, it can be your middle-man.
It will set you up with getting your music in the biggest and most popular music streaming sites, such as Spotify and iTunes.
They would even put you r music in record stores, radio stations and TV channels.
They would you charge you though. For a single, you have to pay $9.95. For an album, the cost is $50.
Although you have to pay for it, I still think it is great because you will have more exposure. Your music can easily reach the people around the world.
Fiverr is kinda different from the others on this list. It is a freelance website. People can sign up here and apply for various freelance jobs. Furthermore, people can choose from a wide variety of jobs. This includes music composition.
However, you must take note that most of the time, you will create music based on the demands of your clients.
Another thing is that, you will give all of your rights to the composed music to your client. That means that you will not be given credit after making it.
Basically, you serve as a "ghost" musician, providing tracks and music to people. And your efforts and work won't be recognized.
Amidst all of that, you will be given a great amount of money. There is no exact rate for it. The contract will depend on you and your client. Either you will be paid for each song or you will be paid per hour (the time it took you to compose).
Soundotcom is another royalty-free music platform, like LuckStock. However, this one is much more difficult to sign up for.
In LuckStock, you can easily click the sign-up button, fill in the information needed and you are on your way.
But with Soundotcom, there are obstacles you must go through. First, before you can become on of their sellers, you must have at least 30 composed music.
That is already too much. To add to that, even if you have at least 30 songs, there is still a chance that you won't be accepted. The website, will likely review you first.
But then again, your endeavors will not be put to waste. Because when you are able to join them already, you will have a great opportunity to earn money.
Additionally, Soundotcom has less competitors.
The rate of which they pay you is higher compared to the others. However, the rights to the music still belong to Soundotcom.
But don't worry. you can still upload your music to other sites. Soundotcom doesn't work with you exclusively.
Tunecore is another online music distributor. Unlike CD Baby, Tunecore will only distribute your works to online music streaming sites.
Another thing that makes it different from CD Baby is that t gives you an excellent and advantageous tracking page.
With this, you will be able to monitor how well you are doing. Additionally, your stats in different streaming sites will be shown.
Also, you won't have to worry about the availability. TuneCore works quickly. Expect that your music will be able to stream already within 24 hours after you have uploaded it.
If ever you want to use TuneCore, you have to pay for i. For a single, the cost is $9.99. And for an album, $29.99.
Signing up for Bandcamp is free. It offers a service wherein you can upload and sell your music through it.
Bandcamp takes 15% of each sale you make.
One thing I like about Bandcamp is that it gives importance in music discovery. Meaning, it will also help you recommend your music to its fans. It has social media pages and accounts where it will promote your music.
Also, when you sell your music in Bandcamp, you will be able to collect email addresses of users and visitors.
You can use them for email marketing. This is another way to market your music online!
#8 Online Stores
The most common way for musicians to sell their music online is through these online stores.
Although there are a lot of stores out there, the ones in the picture above, are the most known stores by the people.
Selling in these stores, have its own downsides, as well as its downsides.
First, whenever you make a sale, they take a percentage of that. For example, iTunes take 30% of what you make.
Second, the customers buying your music belong to the stores. Not to you. That means you will not be able to get their info and email addresses.
So in the long-term, you won't be able to reach out to your buyers.
However, selling in these stores will have you exposed to people. Most of them trust these stores and already have been using these for a long time.
I am sure that all of you already knows the most popular video-sharing platform, YouTube.
But wait, isn't it all about videos? I know. But marketing using YouTube is great. You will be able to have a wide exposure to the web.
You can easily upload your music. But you must have it in video format. You can either make a lyric video, if you don't have a music video yet.
For background music and sounds, you can easily have a background picture while your music plays. I think you know already what I am talking about.
Furthermore, when you have enough number of views and subscribers, you can monetize your channel! That means more money for you!
Most people are unaware of how much money one can make in YouTube. The answer? Well, let's say it is limitless.
Thank you so much for reading my "How To Make Money Selling Your Music Online?"!
If you have questions, comments and suggestions, please feel free to leave them on the comment section.
Well, there you have them! Ways for you to sell your music online. Although the websites I have provided you are great, personally, I still think that having a website is the best one.
You will have complete control over it. You can sell other merchandise.
You can even earn money with your website, using ads. And of course, by doing affiliate marketing.
Making a website may sound complicated. But with the right training program, you can do it! I totally recommend Wealthy Affiliates for you!
This is How I Make Money from Home!
Nowadays, people strive to look for ways to earn money online. I salute you because you are using your passion to make money online, which is music!
But in my case, I do affiliate marketing, which I mentioned above. I basically, promote products in my website.
I earn commissions whenever a referral of mine purchase the products.
Affiliate marketing is great because you can work anytime and anywhere. And on top of that, I can earn a passive income!
And of course, I wouldn't have done it without the best training program, Wealthy Affiliates.
Here's a proof of my daily commissions.