For many people, music is their lifeblood and passion. Others use it as a way to make an amazing amount of passive income. Whether you’re a music creator or a music fan, there is a way to profit off of music on the internet. Music for income might be an idea that many dismiss, but when you leverage it as the valuable commodity it is, you can skyrocket your finances in an incredible way. Selling stock music is one way that people make money off of music online. There are also a handful of other ways that you can turn your home office into a music making machine.
Musicians can sell their stock music to websites for money. They can also learn how to set up ways to distribute this music and make money on it for years to come. Cha-ching!
Royalty-free music sites like audiojungle.net and pond5.com make many musicians dream of supporting themselves and their family off of their musical talent into a reality.
Make Passive Income Selling Music Online
Passive Income is one of the key ways to become wealthy without lifting a finger. With a few hours of prep work, you can earn indefinitely off an efficient system that you set up to make money day in and day out. Passive income creates a 24/7 marketplace for your music.
More often than not, animators and producers purchase the rights to this music. This means that more people get to hear it, and it also puts money in their pocket. Connecting with a network like this is priceless to many musicians who are trying to make a name in the world. Finally, they can access a database where people are actually looking to use their music in plenty of unique and creative ways, all while they get to profit.
Many musicians are not aware of the opportunities that the internet has for them. They are still playing gigs and trying to sell physical albums or merchandise to pay the bills. The world wide web is now providing musicians with almost limitless opportunities to make income off of their life’s work. It’s possible for those who are experienced to add their collection of songs, or even beginners to get a start on selling music online. The versatile and flexible nature of the internet has it so everyone has a chance of making money selling music online.
Passive Income Music
Imagine being able to make money doing something you love while you’re vacationing or even asleep. You can wake up with a notification saying that someone bought your music, and you can fund your next big adventure or take your loved ones out to eat at a nice restaurant. Passive income means that you can profit indefinitely after you first put a little leg work in. With proper organization and planning, your passive income music business can mean big bucks for the years to come.
In this day and age, many people assume that making money as a musician online is closer to impossible. Ever since Napster and Youtube, the era of free music has taken over. However, there is a big market for people who are wanting to pay for musical talent.
When the right musician decides to take control of their work, it can mean financial freedom for them in the long run. No matter what your experience level as a musician is, it is totally possible to start digitizing your music and selling it to online marketplaces to people who are looking for people who have exactly your sound.
You can also learn how to make other styles of music, and leverage your versatility to attract more customers. It’s all up to you. Being a successful musician with your own business will help you to have confidence, and most of all it will be fun to explore how far it can take you. You will be impressed by how a few hours of work setting up your passive income stream online will mean years of money in the making. There are many artists who are looking for musicians who sound exactly like you, and you can start reaching them on online marketplaces.
Online passive income streams are what are funding many modern people’s retirement dreams. It’s one stream of income that requires a little bit of work in the beginning, with plenty of paying off in the long run. When you learn how to pitch and market, your passive income stream will continually bring in money and help you to have more financial freedom, less stress, and more free time. Passive income is truly the key to living a life of abundance for many entrepreneurs, and musicians can begin to use online passive income streams to make money and save it to invest in all of their goals. Online marketplaces make establishing passive income even easier.
By learning how to record high-quality digital music files, having beautiful cover artwork, and uploading it to the website, musicians are opening doors of opportunity to finally get the exposure that they have always wanted. They can learn a few key techniques in listing their music, such as keyword placement and search engine optimization, that will put their files to the top when animators and producers hungry for their talent are looking it up. With a little bit of practice in being web savvy, musicians can start to take control of their financial destiny and also to have a growing career that they’re proud of.
Researching sites that are looking for music like yours is the first step in beginning to make passive income off of music online. Asking other musicians about how they sell their music, and joining online groups where successful musicians selling their royalty free music can educate you on how to achieve what you have always imagined. There are plenty of other musicians out there selling their music successfully, and making passive income off of the library of music they have that otherwise would not be used. Put your skill and talent to work by beginning to make passive income off of royalty free music sites.
You don’t need to be a master musician or a virtuoso to start making money with recording music online. Many musicians think the key to making money includes getting signed to a label, receiving a huge advance and trying to sell their albums or tickets.
Now, a musician with a simple home studio set up can be their own producer and in charge of how their music sounds and gets to make money off of their hard work and talent.
Selling Stock Music
Stock music is basically the online equivalent of stock photos. Another word for stock music is production music. This encompasses all of the jingles and songs that are in corporate training videos, commercials, smartphone apps, Youtube videos, podcast intros and a lot more. As you can imagine, the market for stock music is big. The online world is growing every day, and many filmmakers and video producers are looking for talented musicians who will help bring their video footage to life. It is a win-win situation for the musician and the videographer or editor.
When you watch TV, pay attention to all of the songs in the background, during the shows and the commercials. All of those are made by musicians, who sold their music as stock music.
Famous bands and musicians got their start in selling stock music. They really honed their skill in making catchy music, and it pays off in the long run for their fans with awesome sounding music that plays well long. One example is Foster the People, whose lead singer and guitarist first entered the music business as a jingle writer.
Make Money Licensing Music
Selling stock music is different than selling music on the radio. Radio music often requires clearance fees, special permission, and royalties for the musician and the corporations. When you sell stock music, it often has a one-off licensing agreement for the buyer and the musician.
To begin to really succeed as a musician selling stock music, do a little bit of self-study. Pay attention to what is hot right now, and the specific style of music that you hear on television. Catch all of the nuances of the snare drum, the ukulele, piano or guitar.
Can you imagine making music like that, or even better? Great! You are one step closer to being a successful stock music maker.
Sites will list their best selling songs, so you can listen to them and hear what people are buying that day. Use that for inspiration, or feel free to forge your own path with your own unique style that is your passion.
You will even get bragging rights and might be able to say that your song will be on television. Many shows simply don’t have the budgets for contemporary pop music, and that is where stock musicians come in.
Also, vloggers and podcasters are also on strict timelines and budgets. Making your stock music easily accessible will help them have a rockin’ product, and you to profit off of your passion for making music.
There are musicians making thousands off of licensing music to stock music sites, and you can be one of them.
How To Sell Your Music
When you’re making the music and describing it, think about it in terms of how visually it might be used. Music is used in the video to convey time, place, and to set a mood. Describe the feeling of the music—is it upbeat, energetic, emotional, romantic?
Designing a song around these themes can make your music stand out as professional and really getting what your market is going for. Imagine what the music best reflects, and use those terms to write about it. Whether it’s sporty, inspiring, or ambient, be sure to let your audience know so you have the best chance of getting picked when they are searching for music just like yours.
There are many different genres that you can write for. Pick one that you are comfortable in, and start from there. You can also branch out to try other genres, and learn more about music as well as yourself as a musician.
You need to find the right site for your skill level and expertise. Some stock music websites will accept anyone, and those are perfect places for beginners to start. Others will only take contributions from experienced musicians. Be sure to do research, and you will find the right option for you and your music. Finding one for your niche and with a large number of buyers is what you’re going for, because you’re more likely to sell and to create a positive feedback loop that will inspire you and also profit in the long run.
Audiojungle.com and pod5.com have the right combination of both that will make it fun and also worth it in the long run. These websites are non-exclusive, which means that the musician will have more control over the music, and be able to make it exclusive later if that’s what they choose to do. Gaining experience in the industry is a good idea before you decide to make your songs permanently exclusive.
Basically, songwriters have ownership of the songs they write, and also they own the recordings they make. These are two separate things. A song can’t be used by a buyer unless the owner of the audio recording and the songwriter gives them permission first. Monetary exchange is usually required as a form of permission.
A music library simplifies this process for everyone involved. It streamlines the buying process and it creates a dynamic source of passive income for the songwriter. The buyer purchases the right to use the song, while the songwriter still retains all of their rights. This means you can potentially make money off the same song over and over again.
You can potentially encounter two types of royalties: sync royalties and public performance royalties. Another alternative to listing music on online public libraries is to directly contact music supervisors for shows or agencies. You can also try a combination of the two. However, the convenience of establishing an online library of music that you can profit from indefinitely is an opportunity that musicians selling stock music should not miss out on.
Music with vocals is worth more, but unless you’re skilled in singing, you would have to hire someone. The market for music is big, and you never know until you try with selling stock music online.