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Entries in Selling Your Music (66)

Friday
Sep042009

Why Your ‘Greatness’ is Missed

As music artists seek notice from fans and the industry, it’s vital to observe a key factor concerning peoples’ ability to recognize talent, even greatness.

You may have already read about the social experiment the Washington Post conducted two years ago with world-renowned violinist Joshua Bell. It was actually Bell’s idea to perform undercover as a street musician for a day at a Washington Metro station. What many don’t know is that the Gene Weingarten story earned a Pulitzer Prize that year for feature writing. What many do recall is the fact that a venerated violinist went virtually unnoticed, unappreciated and unrecognized.

What the public took away from the story — rightly so — is the fact that people pass up life’s jewels, even when they’re right before their, well, ears. But this tale holds a much greater meaning for artists of all stripes.

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Monday
Aug172009

3 Ways To Make Money Now - Playing Covers, Playing Sessions & Playing Live

Rick Goetz, is a kindred spirit who has just launched a brand new consulting firm for artists called http://musiciancoaching.com Rick, like me, has spent his entire adult life in the music business and he is DEAD ON when he says: It is essential that you spend your time building your own business rather than asking for help from corporations based on your talent alone.

But how do you build your own business and what specifically works? I got Rick to share a few of his best peals of wisdom I asked him to tell me three things that actually can help an artist begin to build revenue: Playing covers, being a hired gun and working harder on your live show and live show promotion.

Selling $.99 singles isn’t the answer.

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Wednesday
Apr222009

8 reasons to release a follow-up EP

You’ve just released the album of your life. The songs are honed to perfection, the production is top notch, and you found your true voice as an artist. How can you possibly top it with your next release? I suggest you don’t even try.

Instead, follow it up with leftovers. You may call them outtakes, b-sides, or even rejects. You can come right out and admit that it’s not your best stuff. Your fans will still want it, and some will delight in what they consider hidden gems.

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Sunday
Apr122009

How to use iTunes to drive up your iTunes revenue

I have a friend in Brooklyn who is an accomplished artist/producer, doing astonishingly well selling his music on iTunes. Since iTunes is where the vast majority of online music is purchased I asked him if he would sit down with me and explain to me how he promotes himself exclusively from within the walls of iTunes.

I was enthralled by what he had to say. It turns out being a top seller on iTunes is not just a random thing that occurs. You must promote yourself within the walls of iTunes just like you have to promote yourself everywhere else.

My friend asked not to be named and so it is not revealed (it turns out the top indie promoters on iTunes are very competitive).

He took me on a step-by step breakdown on how to get started effectively promoting yourself on iTunes. This is a labor-intensive process but it yields fruitful results.  My friend earns hundreds of dollars a month from his iTunes sales.

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Monday
Mar302009

iTunes and AIG? Don’t think so.

Well…what is one to make of this?

ITunes’ announcement to increase prices on many hits singles and selected classic tracks to $1.29 while possibly lowering the price on some older tracks below the current $0.99 threshold has created quite the stir in some circles.

Firstly, let me be clear…in all my many years in the music (and record) industry, I never…repeat…never understood how uniform pricing made much sense. That Springsteen, 50 cent, Taylor Swift, Kelly Clarkson and U2 albums and singles sport the same pricing as the latest freshly-signed hopefuls, be they folk singers, new age harp players or country and western swingers really takes some effort to explain.

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Thursday
Feb122009

Sell More Cds at Shows By Not Naming the Price

I recently posted about discovering a wonderful band called Arizona. I found them while attending PopAsheville in January and I wrote - “I was invited to give the keynote speech this year. I spent an hour reminding the musicians in attendance that they are no longer in the music business, they are in the T-shirt business and they all seemed to agree. They also agreed that the music industry is not hurting, it’s the cd business that is in decline.” The whole post is here.

I am not being facetious when I say that bands are in the T-shirt business as I believe very strongly that as music slips down to zero in dollar value then artists must move quickly to find different ways to make money from their art.

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Thursday
Jul242008

Could The TechCrunch Tablet Be The Final Nail In The Music Sales Coffin?

The tech world is buzzing today about the TechCrunch Tablet concept announced on TechCrunch this morning.  Regarding the music business, I have to ask two questions:

1)  Could the TechCrunch Tablet be the final nail in the music sales coffin?

TechCrunch speculates that a device like the one shown in the picture above, could be built for under $200.  Now, I realize that everyone has a mobile phone, so why is this different?  Why would this product be more disruptive to the music industry?  

Imagine every kid carrying one of these around in his or her backpack.  Full screen browsing!  Go to any music 2.0 site and interact with the full kit; not the watered down version you experience on a smart phone; you get it all: commenting, friends, music players, blogs, schedules, videos, sharing, streaming, etc.  What do you need to buy or own music for?  Moreover, this thing becomes another form of entertainment that subtracts from the pool of entertainment time you compete for.

2)  What can artists do to prepare for the day when everyone has something like this?

Music will not be your primary product; it will be a component of your brand.  Imagine your blog filling the screen above.  It’s imperative that you build your own brand, or become part of a boutique brand on the Internet.  To build the most value, you should do this under your own URL.  

One of the easiest and cleanest ways to build a branded blog under your own URL is with SquareSpace (powers this blog and my own).  Buy me a beer by clicking my SquareSpace referral link here.  Read this related post titled Communities Dominate Brands for more info on building your own brand on the Internet.


I read this great quote on Kevin Kelly’s blog: “You would starve to death in a field of wheat, if you had never heard of flour.”  Study the picture.  Learn how to make flour.

 

 

Saturday
Jun142008

Selling music by solving a specific need

(Someone asked me how they could sell more of their instrumental music. My answer:)

For instrumental music, it sells best if you tie it into a purpose.

Massage music sells very well.
Yoga music sells very well.
Instrumental Christmas music sells very well.
… all because they’re selling more than just harmony, melody, arrangements : they’re selling something that non-music people find useful. They solve a problem.

Different example:

Imagine two candlemakers.

One says, “My candles have only the finest wax with the best quality wick!

The other says, “These are prayer candles. Light one whenever you pray.

There are dozens of people who will buy the first.

But there are millions who will buy the second.

http://www.flickr.com/photos/34525677@N00/287781738/

Sunday
May252008

Reselling music, the value of music

2035856-1594954-thumbnail.jpg

Let’s say you bought some tunes at the iTunes Store. DRM free. You don’t really like that music and want to resell it to people who like it. How much is it worth? Same price? Less? Nothing?

How much is a digital download worth when you resell it? Think about that for a moment.

(CC-BY foto: jenn_jenn)

 

Monday
Mar312008

Create Validate Sell

Up until recently, and in a caveman sort of way, I divided the tasks of building a music business into two rock piles: a pile of things related to creating music and a pile of things related to selling music.  

In the creating music pile I accounted for iteratively improving songs based upon fan and professional feedback, and in the selling music pile I accounted for monetary feedback; you either sold music or you didn’t.  

Recently, I evolved from lumping tasks into two piles to lumping tasks into three piles.  Create and sell has become - create and validate and then sell.  In fact, the sequence has become create-validate, create-validate, create-validate, and then sell.  Thanks Steve Lawson.

While this is not information that makes the earth spin in reverse, adding a third classification column to your to-do list does cause you to perform discrete actions that you may not have taken otherwise.  

For example, when you approach validation as an essential task to be executed efficiently, as unbiased as possible, and without prejudice or lasting consequences, you end up reclassifying products or services previously lumped into another pile.

On Saturday, as I wondered about the simplest way to validate music using the criteria I just described, I ended up reclassifying the music community site Aime Street out of the interesting-way-to-barely-sell-music rock pile to the music validation pile.  For me, this action shed an entirely different light on the value Aime Street generates for artists.

AmieStreetlogo.gifAime Street is a music community site that has a unique pricing model where tracks start out as free and as popularity increases the price of a track goes up.  I only recommend sites that charge flat fees to artists and I steer clear from sites that extract percentages.  However, when I reclassified Aime Street as a music validation service instead of a place to sell music, a new recommendation emerged.

Aime Street probably isn’t going to put a lot of money into your pocket, but I have to say that Aime Street is the fastest way to validate music that I have tried to date; it’s also fun.  I would have gladly paid them a flat fee to validate songs within their community.

I simply uploaded music to Aime Street and over the next 48 hours I watched as the price of the tracks rose and the recommendations rolled in.  It was hardly profitable, but it was gratifying and comforting validation.  I’m surprised that Aime Street is not growing as rapidly as some of the other music sites on the Internet; as a music fan, this site really appealed to my sensibilities.

Similarly, I am trying the site called OurStage for the same reason.  I really like the unique voting funnel that OurStage offers, but the gratification will not come as rapidly as on Aime Street.  My guess is that both of these sites will yield the detailed validation or invalidation I’m looking for ninety days from now, albeit using entirely different methods.

The bottom line: setting out to purposely seek validation is not only important; it enables you to reframe your approach to sites, services and relationships.  The saying “necessity (to validate) is the mother of invention” applies here…

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