So what are the 6 Ways Music Producers Can Make Money by Selling Beats?
So you want to make money by selling beats? Basically, as a music producer, your chances of making money are good. Therefore, do not limit yourself with only one strategy and get the benefits of all worlds. Thus, provided is a list of 6 ways you can choose from to commit to if you wish to make more money out of your musical talent and taste.
1. Sell Your Beats Online
Now, we’re starting with this one since it’s the most obvious revenue streams. Moreover, selling beats online has never been easier and you will be surprised by the number of people who need and buy beats online. You can sell them via email, or by beat selling websites such as AirBit and BeatStars. First, start with creating high-quality beats. Then, set your pricing and licensing procedures. Finally, work on your marketing techniques and you should be there with top music producers working online. Plus, you have the choice of selling leases or exclusives or both.
2. The Power of YouTube
Unluckily, many producers ignore the power YouTube can offer to hard-working people. Therefore, creating a YouTube channel as a platform where you can upload your beats regularly and other music-related videos is never a bad idea. You can be the PewDiePie of beats. Thus, work on creating your name on this platform and life will reward you.
In addition, whether these royalties are performance royalties or mechanical royalties, they will grant you great earnings. The first type is when you’re paid out whenever your song is performed, played, or broadcasted in public. In addition, you can sign up with many not-for-profit organizations which can collect your royalties on your behalf and it will cost you no money to sign up. On the other hand, mechanical royalties are paid to the song’s creators for actual digital or physical sales of their music and they’re paid by record labels or whoever got a mechanical license to reproduce or distribute the music.
4. Teach Music Producing Lessons
Next, the industry of education will never fail you. Plus, since modern teaching systems don’t teach everything, especially on the music industry, then other interested music producers will learn a lot from your niche, or knowledge, or any other background outside the music production that can outstand you from your competitors. Moreover, your teaching method can be done face to face with an hourly rate, or your lessons can be offered online to reach as many interested clients as you can; which is more recommended. Thus, record your tutorial video, market it, and sell it in a digital downloadable form.
5. Selling Sounds, Drum Kits, and Samples
Moreover, if you have the talent and skills in terms of sound designing, then they will pay off. Namely, you can sell your production of creating new textures, by mastering how to shape, layer, synthesize, engineer sound, to other producers. Therefore, make your sounds, and market them. In addition, some sound kit companies actually accept submissions for sample packs, which will facilitate and handle all the procedures of distributions and marketing on your behalf; they will most likely take a 50/50 or 30/70 split, though.
6. Performing Your Music
Finally, in this age of widespread music, everyone is performing their music; it’s not only the singers but also producers. Take Metro Boomin, Boi 1da, and Just Blaze for example. You can find your way to be a part of a show if you know how to DJ and have the required skills. By making more connections, you can locally start your way towards fame. Start from bars or venues and if you have the ability to engage audiences then you will create your own buzz. Subsequently, you will have more chances of performing in gigs and expanding outside your local area.