50 Ways To Make Money as a Music Producer

Summary

This video script offers 50 diverse strategies for music producers to generate income, emphasizing the importance of focusing on a few methods at a time. The speaker shares personal experiences, highlighting key methods like direct messaging on Instagram, selling beats and sample packs, and leveraging a personal brand. They also discuss the potential of collaborations, YouTube promotion, and industry placements, providing a comprehensive guide for producers to build and diversify their income streams.

Takeaways

• 🎵 The speaker has made over a million dollars with their music since 2020, suggesting credibility in their advice on monetizing as a music producer.
• 📈 Focusing on a few money-making methods at a time is recommended over spreading oneself too thin trying to tackle multiple methods simultaneously.
• 🔍 Building multiple income streams is key to a successful music business, starting with one key method and expanding from there.
• 💰 Cold DMing on Instagram to sell beats to rappers can be effective with time and effort, focusing on building relationships and offering free beats for non-profit use initially.
• 📝 Posting EP deals on Instagram stories is a strategy to sell beats, creating a more intimate connection with artists and potentially making a significant amount per deal.
• 🏠 If you have a home studio, you can charge hourly rates for recording local artists and potentially upsell your beats during their visit.
• 🎁 Creating bundle packages for customers, like beats with free cover art and mixing, positions you as a one-stop shop and encourages repeat business.
• 🌐 Uploading beats as type beats on YouTube and BeatStars can attract organic traffic and sales, despite the market being considered oversaturated.
• 🤝 Collaborating with artists by including royalties from platforms like Dr. Drum can grow your Spotify profile and potentially lead to significant monthly earnings.
• 🎼 Placing your own instrumentals on Spotify and Apple Music can lead to high earnings if the beats become trending sounds on platforms like TikTok.
• 🔄 Selling vocal mixing presets is a way to add value to your services and increase earnings, especially if you're skilled in mixing vocals.

Q & A

What is the speaker's claim to expertise in discussing money-making methods for music producers?

The speaker claims to have made over a million dollars with their music since 2020, suggesting they have substantial experience and success in the field.

Why does the speaker recommend focusing on just a few methods at a time instead of all 50?

The speaker advises focusing on a few methods to avoid spreading oneself too thin, which could reduce the effectiveness of each method and hinder the growth of one's music business.

What is the first money-making method discussed in the script for music producers?

The first method is cold DMing on Instagram to sell beats to rappers, which involves finding potential customers, engaging with them, and building a relationship to sell beats in the future.

How does the speaker suggest finding rappers to DM on Instagram?

The speaker suggests looking at the followers of big beat sellers or producers on Instagram and checking their profiles to verify if they are rappers, as well as looking at tagged posts where artists might use beats.

What is the purpose of offering free beats in the initial DM to rappers?

The purpose is to nurture a relationship with the rappers and potentially turn them into repeat customers who will come back for more beats in the future, with the understanding that the free beats are for non-profit use only.

What is an EP deal and how does it differ from selling individual beats?

An EP deal is an offer to produce an entire Extended Play (EP) or album for an artist at a set price, creating a more intimate connection and potentially higher revenue than selling individual beats.

How can a music producer with a home studio monetize their space?

They can charge local artists an hourly rate to use their studio for recording and potentially upsell their beats to these artists while they are there.

What is the benefit of creating bundle packages for customers as a music producer?

Bundle packages can include a beat with additional services like free cover art and mixing, making the producer a one-stop-shop and increasing the likelihood of repeat business.

Why does the speaker suggest posting beats as type beats on YouTube and BeatStars even though the market may seem saturated?

Posting beats on these platforms can still drive organic traffic to a producer's BeatStars store, and the speaker knows people who continue to make significant sales through these channels.

What is the potential downside of running paid ads for selling sample packs, according to the speaker?

The potential downside is losing money if the products are not good enough, the ads are ineffective, or if the producer does not have sufficient funds to support the ad campaign.

How does the speaker suggest using free kit giveaways to ultimately make money?

By requiring an email sign-up to receive the free kit, the producer can build an email list to nurture leads and sell to them in the future with valuable content and occasional paid product offers.

What is the importance of building a personal brand according to the speaker?

Building a personal brand helps connect with big producers, increases credibility, and opens up multiple ways to monetize, including brand deals, sponsorships, and email marketing.

What is the speaker's top recommendation for making money as a music producer?

The speaker's top recommendation is to send loops out for BeatStars collab sales, as it has personally made them over $500,000 and requires minimal daily effort.

How does the speaker suggest leveraging one's loops to maximize income?

The speaker suggests focusing on making high-quality loops and then using each loop as a seed to grow various income streams, such as industry placements, sample pack sales, and collaborations with other producers.

What is the potential income from getting major placements for a music producer's beats?

Major placements can result in significant income, with the speaker having made over $200,000 from their placements, through upfront money, publishing, and master royalties.

Why does the speaker emphasize building an email list as a music producer?

An email list allows the producer to own the data and maintain a direct connection with their audience, enabling them to market to these leads indefinitely and profit from email marketing.

How can music producers who are good at mixing offer value to customers?

They can sell vocal mixing presets to artists, either as a standalone product or as an exclusive upsell to their beats, adding value and earning more money.

What is the potential benefit of creating a Patreon for music producers?

A Patreon can provide a platform to share exclusive content, loops, and presets with subscribers, creating a steady income stream from those who are willing to pay for exclusive access.

What is the speaker's view on the effectiveness of selling sample packs in today's market?

Despite some people claiming that selling sample packs is no longer effective, the speaker has made $77,000 since 2021, proving that it can still be a viable income source for music producers.