How How to make money from your music website?

With the advent online marketplace, it has been easier to earn money from your music. Today, there is more than one medium to earn money from music. With a website, you can basically advertise your music and sell it online.

Many musicians, sound artists, and recordists set up a website or buy a space in third party websites to sell their music pieces to interested buyers. The buyers may include professional filmmakers, film studios, independent filmmakers, film students, advertising agencies, etc.

If you love making music, it’s one of the most fulfilling ways to earn a living. Whether it’s your full-time job or a lucrative side-gig, selling music is a creative way to make money doing something you love. Be aware of plagiarism and get yourself insured by owning the copyright for each piece of music.

Bandzoogle, an online platform that provides tools for musicians to build a professional website, made the US $5,434,057.72 in total revenue in less than a year. This was generated by 50,000+ members of the website since March 2020.

5 Ways to Make Money from your Music Website

Here are five practical ways to setup a music website and make money through it.

Sell digital music

Making money from a website doesn’t exactly work like making money from YouTube. The YouTube video streaming service pays out the users for the views received on their videos. Website owners on the other hand may have to hard-sell their product.

Many musicians find it easier to sell their music through established music streaming sites like Spotify and Apple Music but you won’t own the space as you could with your own website. With a personal website, you won’t need to pay a registration fee or commission on each piece of music sold.

Make sure to sell your singles, EPs, and albums right through your own website, where you own the fan data and get to choose the pricing model that works best for you. With no involvement of third-party sites like iTunes, Amazon, or Bandcamp, you can sell your music to potential buyers at a reasonable price.

Sell digital merch

Selling merch or merchandise through a music website is another way to earn easy money. A successful music website can make money selling merch equivalent to the total revenue made through selling music.

If you’re not seeing much demand for physical merch or you’re on a tight budget, think of some valuable yet low-risk digital merch offerings to sell instead. A merch can range from both physical and non-physical possession. For instance, a beautiful ebook of your album lyrics, or a sheet music download for your latest single can become a great merch for your fan to buy. You’ll be spending almost zero to produce such merchandise. You can sell tutorial videos, bonus tracks, songwriting guides, etc. to your fan.

Sell Ad Space

When you own a website, you own the empty spaces in it too. As a smart marketer, use these empty spaces to sell ad spaces.

You can directly sell these ad spaces to companies, music studios, other musicians, etc. The best thing about it is that you can come up with your own price.

Although the success of running ad spaces and making revenue may entirely depend on your website visitor number, you can be sure that with a successful website you can own ad space and make money without moving an inch.

Use websites like BuySellAds.com to let people or companies know that you’re selling ad space.

Accept donations from your contributors

There’s nothing wrong with asking for donations from your fans. Many budding artists, filmmakers, and musicians seek essential donations from crowdfunding websites to start their careers. With a successful website in place, you can directly talk to your fans and contributors and ask for donations.

Maybe you’d want to buy new equipment, record a new song, or run social work campaigns for others, a website will enable you to accept donations easily from your contributors.

One big advantage of taking donations from the website is that you don’t have to have a ton of monthly visitors, a handful of the engaged communities will help you raise essential funds.

It’s also easy to integrate a digital system gateway into your website. For example, PayPal offers little donation buttons that only take about ten minutes to add to your website. All you need to do is set up a PayPal account and link it to your preferred bank account.

Run an E-Commerce space for music and equipment

It’s Ok if you don’t sell music. If you own music instruments and equipment or are looking to retail music instruments, you can set up an E-commerce site.

An E-commerce site facilitates you to build an online catalog of your product and market it online. The potential buyers will visit your website, surf their favorite product, add it to the cart, and check out by making instant payment.

Many popular music sites are integrated with E-commerce and digital payment platform to help sell music, merch, tutorials, musical instruments, equipment, etc. to visitors.

Running an E-commerce site is like running a full-fledged business. Hence the success of your E-Commerce will entirely depend on your end goal, investment, and effort made.

It’s easy to create music E-commerce sites with website building platforms like WooCommerce and Shopify. These are also the cheapest website making options out there.

Things to Remember

Here are some of the things you must remember while setting up or running a music website.

Create a social media profile –Don’t forget to create social media profiles that are basically the representation of your website in social media. At the time of the digital age, it’s essential to be present in social media. You can leverage the power of Facebook, Instagram, and TikTok to bring in visitors to your website.

Preparation Abraham Lincoln Style -Always keep the popular quote from Abraham Lincoln in mind, “If asked to chop down a cherry tree in four hours; I would spend three hours sharpening the ax and one hour cutting down the tree.” Don’t forget that you must nurture your website and market it well to bring in visitors. Without sufficient visitors, your website will fail.

Own a Brand name with a Domain Name -A website can’t exist with a domain name. A domain name is the sole of your brand. It should speak what your website is all about. People can access your website only when they know the domain name. It’s easy to register a domain name. You can find many different domain retailers online who’ll sell your preferred domain name at a reasonable cost. Remember, a domain name is like your name; hence it must represent your website.

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Rick Perdian — Event and Music Management is the finest music website that offers the latest information on travel and music. Get in touch with RickPerdian.com to learn more about making money from your music website.