Many things have changed since the Internet came on the scene and became an essential part of our lives. To make money from your music is easier than ever. We consume music, movies and learning at such high speed now that it is amazing we all keep up! Not only has it changed the way we do business, but also how we work and play and communicate with our fellow peers. No longer is it a case where you have to walk down to your local music store to purchase an album, or track. Or, wait until it came on the radio so you could tape it (I remember these days!).
Make money from your music, or loose out!
Ideas are springing up like no tomorrow, and the music industry has changed, I think, for the better.
There is no doubt that the internet has played a huge role for the music industry both in the way they sell music, as well as marketing. Music is now generally consumed from online sources, such as Itunes, Spotify and even video sharing site Youtube has many millions of music tracks. iTunes alone has sold over 3 Billion legal music downloads since is went online in April 2003. It really is the best time to make money from your music.
The most effective way to make money with your music is to set up a website first. Use it a promotions tools. Build up an email list. An email list is more powerful than a facebook or a myspace page because you can directly contact people via email. People who sign up to an email list are also much more likely to purchase your music from these destinations. Music is an impulse buy for many people, of course there are music lovers to crave all the newest tracks, but there are more people who buy tracks just because they like the title. Remember, its online here! They can preview the tracks on itunes if they want.
To start building up an email list you should include email newsletter sign-up boxes in your social networking profiles and on your website. Develop a great trust, and mutual respect for your fans, and a relationship so that when you do eventually market your music to them, they are more likely to buy.
Where do I make money from your music
There are many places which will host and sell your music online, the best of which we recommend is Tunecore. This service will let you sell your music, while you keep all the royalties and ownership of your produce. It is by far the best way to get your music out to the masses.
There are many services which will promote your music. If you look at this guide at The Musicians Guide that will give you a great place to start promoting your music.
So remember if you want to make money from your music, use these services!
