6 Streams Of Income For An Artiste in 2021

Doing what you love as your career can fast turn into something you dread if you're in it for the money. To keep the passion alive, you need some measure of incentives. Few things give more pleasure than making money while doing what you love. To make money from music is not easy. No jokes. It is hard work to make a reasonable income being a musician if you're not signed to a label. It is even harder if you have just one stream of income. You will want to diversify your income channels. Not to worry, you can make money as an independent artist by putting what you'll learn in this article into practice. The start steps are not easy but consistency will guarantee you a decent income in the long run.  So then, let's get right to it! These are what you can do to make more money as a music artist.

Perform In Live Shows

Performing in bars, clubs, or events is one of the reliable ways of getting extra money. Reach out to the organisers or owners and offer them your services. If you're just starting out as a musician with little fame, this is a good way of advertising yourself. As a starter, you may want to charge a low fee or no fee at all. This should not discourage you because you're doing your career a huge favour. You will see the returns as time goes on. Your followers and fanbase will increase reasonably and you know how advantageous that is. Live shows help grow your audience. When you become known in your locality, you can start charging a higher fee.

Sell Merchandise

Having a solid number of followers should be exploited by you. You can make some money by selling customized items with your logo. These can be sold at live shows or your website at an affordable price. When starting this, you want your merchandise to be attractive and of good quality. Even if someone won't buy your CD at an event, they may buy an item because it looks cool. You should also focus on getting more fans. Grow a loyal fanbase that has fans willing to support you by buying your merchandise alongside listening to your music. Start with a small batch and see how it goes. There is the option of having some giveaways at a show. This sounds like the opposite of what you're supposed to be doing (making money not spending it) right? Not really. Remember that you're looking at the future rewards so investing now to reap later is very ok.

Start A YouTube Channel

YouTube is another awesome way to give you extra money as a musician from ads revenue. First, you need to have a good number of subscribers. You can get this by uploading your music videos, tutorials and other videos that aren't strictly related to your music but are fun. Make your channel interesting so visitors will be moved to subscribe. Monetize your YouTube channel in the settings and follow the options to start earning.

Produce Music Recordings For Other Artiste

Why not offer to create music for others if you're really good at it? Charge other upcoming artists to either teach them what you know or create some beats for them. What about some of the old songs that you abandoned? You could sell those. You might feel hesitant because you think the song might blow up for that person. Good for both of you then. You'll get your reward hopefully.

Make Use Of Distribution Networks

Getting your music on multiple platforms has never been easier using the services of a music distribution network. These networks help you send your music to major streaming platforms and in return, you get royalty payments.  We have Freeme Digital, Fresible, MAD solutions and other networks available in Nigeria. All you have to do is register on their site and your music can get to the platforms you want it to. Platforms like Boomplay, Tooxclusive, Apple Music, iTunes, Shazam, and many other streaming platforms. These sites will pay you for your downloads, streaming, YouTube monetization and others. It is a good way to promote your music. More audience means more exposure and you need that.

Work With Other Musicians

In the music industry, it is usually about who you know, not just what you know. Reaching out to other musicians, developing a good rapport with them could be really beneficial for you. They could get you a spot in an event, introduce you to ideas that worked for them and link you with really important people that can help your career.

One important thing to remember while on this path, use your money wisely. Using very expensive tools to produce your music doesn't guarantee that your music will do well. Be moderate with spending. You'll be surprised to see that some cheap tools produce the same results or even better results than the expensive ones if you look hard enough. So then, go on today and explore the various ways your music could get you comfortable money.