MusicThinkTank.com Weekly Recap: Why Music is Less Valuable Than Expertise & More

Where

The Music Industry

Thinks Out Loud

• Ariel Hyatt: Musician’s Arsenal: Killer Apps, Tools and Sites - GigFunder
• Jamie Leger: Why Music is Less Valuable Than Expertise and Information…?
• Simon Tam: How to Book a Tour: Unconventional Advice
• Chris Hacker: Marketing Plan Tactics For Independent Musicians - Part 1 of 3: New Album Preparations

Marketing Plan Tactics For Independent Musicians - Part 1 of 3: New Album Preparations

Chris Hacker here, I create Marketing Plans for artists at Cyber PR® and really enjoy working with my many clients. I’ve noticed a huge problem though. Artists call the Cyber PR® offices all the time looking for us to promote their new album, totally fine of course, but the problem lies in that many of these artists call us when their albums are coming out the next week!! It completely baffles me that an artist or band will work so hard on an album, spending hours and hours writing songs and practicing these songs and then spending large sums of money recording, mixing and mastering, to only rush the release with no plan in place! Not planning enough lead time for a press campaign isn’t the only issue, but many people we talk to try to release their album when some of the basic music promotion elements aren’t even in place, for example a website where you can sell the music!

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How to Book a Tour: Unconventional Advice

There’s plenty of advice out there for booking a tour. In fact, I’ve written on it a few times (including this step-by-step guide). People generally talk about the same kind of stuff: how to approach a venue, where to book, promoting, etc. However, I want to cover some of the territory that people don’t talk about, the pitfalls that you’ll come across along the way.

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Why Music is Less Valuable Than Expertise and Information...?

Today had me thinking about two questions that i want to address with you… Is music less valuable than expertise and quality information? And is this why music cannot be sold for high prices?

Unfortunately, just knowing something, or having experienced something, doesn’t mean all that much. At least in terms of creating and adding value to peoples lives. Although there are many things that you can grasp and understand creatively and in the realms of your own thinking, this is NOT where the value comes from. With any content that you create, whether its an article, a book, a program, or a song… The value doesn’t come from your knowledge, the value is created by you speaking directly to an immediately recognizable  issue/thought or feeling. With information products, you then of course uncover the solutions that you’ve found and explain how people can use them to improve some aspect of their lives or business.

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Musician's Arsenal: Killer Apps, Tools and Sites - GigFunder

Fan funding: it is the saving grace for the broke independent band. Where before bands couldn’t consider studio time or hiring promotional companies to support their release, with a little hard work, some social media love, and good old fashioned word of mouth spread, bands can raise the cash they need to fund their dream projects. With the big four players fairly entrenched in the field (PledgeMusic, Rockethub, KickStarter and Indie GoGo), it’s hard to imagine a new player coming into play. However, GigFunder has found a unique need to fill in the fan funding world.

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MusicThinkTank.com Weekly Recap: Making A Living Is The New Success & More

Where

The Music Industry

Thinks Out Loud

• Simon Tam: How to Get Sponsored: Rethinking Sponsorships
• Bobby Owsinski: Making A Living Is The New Success
• James Aviaz: Q&A: Getting Music Placed in Advertising
• Simon Tam: 5 Non-traditional Ways to Promote Your Music

5 Non-traditional Ways to Promote Your Music

Artists tend to be creative people. We write music, create dazzling visions of art, and express sentiments in the most unique ways. However, when it comes to promoting our art, something else happens. For one reason or the other, most artists fail to express any creativity in their business endeavors.

Here are five easy (non-internet) ways that you could promote your band. I hope that more than anything else, they get your brain going and inspire you to create ideas that work specifically for your art.

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Q&A: Getting Music Placed in Advertising

After our recent post about getting music placed in video games, we had a bunch of requests to find out also about the same process for advertising. We spoke with James Alvich from MAS (Music and Strategy) who provides a full range of solutions for brands and advertising agencies including original composition, music supervision, licensing, talent procurement, and sponsorship packages. James has over 11 years experience in advertising, specializing in television, radio and online commercial production.

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Making A Living Is The New Success

For more and more musicians, the idea of stardom seems to be further and further away. While some still see stars in their eyes, a great number have come to the realization that the goal is now a lot different, since just making a living in music can now be considered a success.

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How to Get Sponsored: Rethinking Sponsorships

When most people who want sponsorships think about their ultimate goal, it involves money. They’re looking for someone to fund their event, to pay for their tour, to raise money for their charity, and so on. When many business think about sponsoring someone, it ultimately involves money as well: even if it is an incredible cause, at the end of the day, they want to know how sponsoring will help them get more customers. Each party treats the sponsorship as a transaction. However, I believe it is important to shift the definition from “a cash and/or in-kind fee paid to a property (typically sports entertainment, non-profit event, or organization) in return for access to the exploitable, commercial potential associated with that property” (IEG, 2000) to something more equitable: a partnership.

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MusicThinkTank.com Weekly Recap: How to Begin a Career in the Music Industry & More

Where

The Music Industry

Thinks Out Loud

• Corey Crossfield: Why Mobile Apps Matter For Music
• Frank Woodworth: How to Begin a Career in the Music Industry: Advice to the graduating class of 2012
• Ariel Hyatt: Basic Marketing Principles For Artists - Part 3 of 3: Increase the Amount of Money That You Charge
• Simon Tam: How to Choose the Best Songs for Your Album

How to Choose the Best Songs for Your Album

If you’re heading into the studio to record an album, you should go in with plenty of songs to spare. Sometimes, things don’t work as well in recorded format, sometimes your tastes/ideas change. At any rate, going in with more ideas allows you to choose the very best songs for your album. Besides, it’s always better to have too many songs to choose from than not enough. But how do you decide which songs should stay and which should go?

This is what I recommend that you do: Treat it like a songwriting contest.

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Basic Marketing Principles For Artists - Part 3 of 3: Increase the Amount of Money That You Charge

Welcome to the final segment of a 3 part series that was inspired by a mastermind program I participated in with Ali Brown who is my mentor in the world of online marketing.

Here’s the recap of what we’ve gone over thus far…

There are three ways to increase your income:

Part 1. Increase your number of clients (fans).

Part 2. Increase the frequency of purchase, how often your fans buy from you. (and you’d better have more than just music to sell).

Part 3. Increase the amount of money that you charge…

Increasing the amount of money you charge poses a problem if all you have to sell is music because music is now widely available for free, and people have proven that they are not willing to pay a premium for music.

However, fans will pay plenty of money for experiences, like a great concert or a chance to be a contribution to an artist, a special memento, or wonderful merchandise that really resonates with your fans.

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How to Begin a Career in the Music Industry: Advice to the graduating class of 2012

So the big day is fast approaching. You are leaving the ivory tower of college in a few weeks and are about to enter the work force. Most likely the only thought on your mind is how to get a job.

The ideal is to have a job locked up and waiting for you before you graduate, so you can enjoy your last month at college. This is what all your friends in other majors are doing. The computer scientists are getting flown across the country and eating lobster. The engineers are meeting with on campus recruiters. The management and business students have already found a good position at the bank where they interned.

The music industry does not work this way. Very few companies hire in advance. Music companies are not structured to wait several months for an entry-level candidate to graduate college.  They hire when they need a body, not because there is an influx of new talent every spring, like some other industries. While this is frustrating, it actually creates a new opportunity.

Your goal as you enter the music industry should not be to find a job, but rather to develop a career. Getting your first job will be a byproduct of this process, but jobs are temporary and a career lasts a lifetime.

Think of your career development in four levels

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