Upload
caitlin-kowalke
View
111
Download
0
Embed Size (px)
Citation preview
CAITLIN KOWALKE
NVLA CONFERENCE
: 2015
MAKING MONEY THROUGH ONLINE
MUSIC DISTRIBUTION
The majority of music now being created, distributed, shared, bought and discovered is happening outside the traditional music industry.
The music industry as we have known it is in transition, and the emerging model is incredibly exciting, larger and far more profitable than it has ever been.
DIGITAL SALES
Every artist should have a platform where digital music can be conveniently sold to maximize profits.
Third party retailers are an alternative option, but should be focused on in a secondary manner.
PRIVATE RETAIL
Increasing Searchability Through Key Terms Include a PLAY ButtonOffer Free Digital DownloadsHave Digital Downloads for Sale at Competitive
Pricing Incorporate Physical Options
Digital Merchandising PDF Files Video Files Images Audio Files
Add Album Information and DescriptionsOffer Additional Purchase Options
INCREASING DIGITAL SALES THROUGH PRIVATE RETAIL
Third party retailers are a platform to sell music, not a marketing tool.
The best way to get more targeted people visiting and interested in your iTunes sales page is to link it from your own website.
THIRD PARTY RETAIL
Creating Public Playlists
Album Reviews and Ratings
Communicate with Fan Base
iTunes Affiliate Program
INCREASING DIGITAL SALES THROUGH THIRD PARTY RETAIL
Although Per-Stream Payouts Tend to be Small, They Can Add Up Over Time.
Streaming Sites Should Always Be Used More to Gain More Exposure, Rather Than to Accumulate Profits.
STREAMING
ANY time an artist’s work is played on an online distribution service that service must pay royalties to the artist.
By signing up for a free SoundExchange account, any artist can be sure he or she is collecting any royalties which are due. Through this process, the organization allows online
distributors to stream content in exchange for the statutory royalty fee- a fixed rate for each play.
In turn, all the royalties collected by SoundExchage are then distributed to the artists providing the content.
This agreement does not limit an artist’s right to negotiate for a higher royalty payment per play with the distributors themselves!
DIGITAL ROYALTIES
THE BREAKDOWN OF MAJOR PLAYERS IN ONLINE STREAMING
THE BREAKDOWN OF MAJOR PLAYERS IN ONLINE STREAMING
THE BREAKDOWN OF MAJOR PLAYERS IN ONLINE STREAMING
It takes a pre-existing crowd
Choose the platform most appropriate for the project
Create a realistic budget
Think about your rewards
Include continuous content
CROWDFUNDING