New Ways Musicians Can Earn Money in 2012

By Chris Robley
January 3, 2012{ 32 Comments }

iStock 000017638849XSmall 300x199 New Ways Musicians Can Earn Money in 2012New year– new ways to make money from your music!

Here is a quick list of artist revenue streams you may not have tried to tap into yet (thanks to Hypebot for drawing our attention to some of these links).

Most likely, you won’t earn an adequate income from any one of these; but when you add them to your normal music sales and performance revenue, Santa might be able to put that extra Neumann U-87 in your stocking at the end of 2012!

10 ways musicians can earn more money this year.

1. Alternative performances and house concerts- Fill in those blank calendar dates while touring. Check out SlowBizz.com or Concerts In Your Home.

2. Sell your CDs on consignment at unusual retail locations- Ask your favorite coffee shop, barber shop, salon, restaurant, toy store, or boutique to play your music on their stereo. Then let them sell your disc at the counter and give them some of the dough.

3. Affiliate programs- You’re already sending your fans to Amazon and iTunes to purchase your music. Why not earn a little extra money for it? Check out the Amazon affiliate program and the iTunes affiliate program.

4. Offer unique merch- Have you ever wondered if your merch sales would increase if you sold leather bracelets, pink panties, or throwing stars with your band logo on them? Test it out! This might be the year to order a small quantity of that crazy merch item you’ve always dreamed of to see if it sells.

5. Sell “Direct to Fan”- Use CD Baby’s MusicStore for Facebook and Music Store Widget to sell and share music directly.

6. Digital archives- Diehard fans want to collect everything! Like Fugazi, Phish, and other famous band with cult followings, give your fans the opportunity to download every show, video, album, and single.

7. Crowdfunding- They’ve been around for a few years now, but RocketHub and Kickstarter are still generating big revenue for artists who need funds in order to launch creative projects, record albums, etc.

8. Live Streams- Perform live and stream it on a service like Ustream or Justin.tv. Ask fans to subscribe or donate!

9. Recording studio open house- If you have the budget to rent a studio for an extra hour or two during one of the days you’re recording, allow fans to pay for a behind-the-scenes experience where they can see where the magic happens, hear tracks from the upcoming release while it’s still “in the works,” and smell the smells!

10. Compose songs for fans- Offer, for a fee, to write a short song or musical dedication for a fan. Record it quickly on an acoustic guitar or piano, and collect your money!

Did we miss anything? I’m sure we did. Let us know in the comments section below.

-Chris R. at CD Baby

Sell your music on iTunes in as little as 48 hours!

Chris Robley avatar 60x60 New Ways Musicians Can Earn Money in 2012

About Chris Robley

Chris Robley has written 495 posts in this blog.

Songwriter, producer, poet, blogger, person, & marketeer.
Edmund White said, "Biography can be the most middle-class of all forms, the judgment of little people avenging themselves on the great." What would he say about

  • Anonymous

    Throwing stars! Brilliant! But don’t sell them at the venue. Bartenders frown on arming the drunks. In all seriousness, I think the more unusual the merch the better. I wanna try band branded bandaids.

  • http://twitter.com/PTheWyse Praverb the Wyse

    I love the insight from this post…I have been mulling number ten for the longest. I have some ideas and hopefully they come to life this year.

  • http://members.cdbaby.com CD Baby Admin

    Cool. Let us know how it goes.

  • http://members.cdbaby.com CD Baby Admin

    Those band-branded bandaids should come packaged with the throwing stars.

  • Tim Sweeney

    Don’t forget local businesses that will partner with you and many times even pay you to play the shows you already have scheduled and getting paid by the venue to play. There is a section in the 800 CDs Movie. http://www.800cdsthemovie.com

  • http://members.cdbaby.com CD Baby Admin

    Good tip on selling, but taking returns. Thanks!

  • http://members.cdbaby.com CD Baby Admin

    Hey Mark, we actually do have an affiliate program. Check out: https://www.cdbaby.biz/Default.aspx

  • http://members.cdbaby.com CD Baby Admin

    Nice! And very entrepreneurial!

  • Alain Deltenre

    Hey, kinda new here and from europe, but love Cdbaby already.

    In your mail I read something about youtube, but on this site I can’t find anything about it. We have a lot of video’s we’ve made of our songs on youtube (also covers we are now clearing on limelight). Can you explain to me how or when it will be possible to collect streaming income from you tube?

    Tnx a lot for your aswer and services,

    Greetz,

    Purple People Eaters

  • Nanni88s

    It should be known that Spotify is NOT paying independent artists – only major labels, as far as I understand.

  • Bluz6

    Free or low paying concerts at Car dealerships, Gas stations can draw a crwd, you can use the time for a rrehersal too.

  • http://www.facebook.com/people/Ty-Lean/1816399470 Ty Lean

    I’ve tried consignment 3 times, and it’s been disastrous. I have yet to see a penny and my CDs are long gone. You REALLY need to stay on top of the store owners for this to work, and if you hate the idea of having to ask for your money a dozen times or simply don’t have the time to follow-up on a very regular basis….. don’t do consignment. My advice, only consider consignment in a store/location that YOU personally frequent.

  • Zach D

    One way we have always made more money and played way more shows than other bands is good old fashioned guerrilla marketing. When my bassist and I first started our band, we spent an entire day walking up and down as many streets as we could, going into any business we thought could use a band. Keep in mind, I said WE thought they could use a band! We walked into some pretty off the wall places, a pool hall, chinese restaurants, a beauty salon, an insurance office. We asked them point blank if they had considered hiring a band to help with marketing. Sure, we got a lot of no’s and blank stares, but we got a surprising amount of yes’s as well. A lot of business owners thought that it might help out a bit to have some musical entertainment at their next offfice party or to liven up the diners’ experience. After that day, we had every weekend booked for several months!

    Another tip: If you run into a bar or club owner that’s hesitant to bring in your band, ask them what they typically pay a band to play for a night. Whatever they say, offer to play for $50 dollars less. Most businesses will not turn down a good discount. If you do well, they will be eager to bring you back.

  • Chris adams

    Get a google ads account and put ads on your youtube videos and web sites.
    Then If you paid for a facebook ad and the landing page was a page with a google ad it would pay for itself. Plus you would get paid for fans just visiting your site. The ads can also be related so your fans may actually be interested in the products advertised on your page, everyones a winner

  • http://members.cdbaby.com CD Baby Admin

    Ummm. Well, hmmm. Let me put it this way: Can you wait about 10 days to find out? Haha. We have a big announcement, but until then it’s a secret. Although now it’s not a secret that there is a secret. Shhhh!

  • http://members.cdbaby.com CD Baby Admin

    Spotify definitely pays indie artists. We get a big check from them every month, and then we turn around and put that into the accounts of all the CD Baby artists whose music was streamed through Spotify.

  • http://members.cdbaby.com CD Baby Admin

    Cool. Thanks for sharing those ideas!

  • http://pulse.yahoo.com/_M5FLH5JI4ZXJM422NAD6M5SS7U wc fields

    sorry, you may get a big check from spotify, but your artists are not. spotify has increasingly come under fire from musicians for their miniscule royalty rate, and many musicians are pulling out of spotify altogether, because you are essentially giving them your music for free.
    i just checked my accounts page. spotify pays .001 for each play. so, you’d need 1,000 plays to make a dollar. to me, that’s playing for free. so to make $30 bucks, you’d need 30,0000 plays. anyone out there getting 30,0000 plays per day, month,year?

  • George

    Can existing cdbaby artists be involved in this program?? Or do we have to create a seperate account as a cdbaby user/listener?

  • Guest

    I teach guitar,play in regional working bands and sell my self financed cds on the net,at shows and in various stores….Doing what I can to make it happen and you can too!

  • http://members.cdbaby.com CD Baby Admin

    It’s a separate account. But artists are more than welcome to join.

  • Skylane300hp

    jango airplay

  • Linda Vee Sado

    Curious if anyone has tried that service that will put you songs on jukeboxes?
    It may have worked on the older ones, but now I see you have to search for songs and they are no longer listed on the front of the units.

  • Dking

    How many T-shirts, or posters can one fan have? When it comes to merchandising, Kiss was the kings of merchandising. I recently caught on TV an interview with Gene Simmons. In it he showed a tour of a wing of his house in which he had on display in display cases which covered the walls of this one room merchandise which Kiss had created to promote themselves. Included was a casket which was signed by each member of the band. My point, when it comes to merchandising, think outside the box.

  • http://twitter.com/marchiisaaconok Marchi ISAACONOKAH

    Chris R, CD Baby

    You simply are gorgeous ! Hm; What will I do without you and others like you! For those of you who give freely your abundant knowledge and expertise, may your pockets be always for of your wishes come true

  • http://members.cdbaby.com CD Baby Admin

    Awww. Thanks, M!

  • http://members.cdbaby.com CD Baby Admin

    Awww. Thanks, M!

  • Calumwgraham

    DOES THE AFFILIATE PROGRAM WORK IN CANADA?

  • http://members.cdbaby.com CD Baby Admin

    Yes. Love sees no borders. (As long as you can take payment through PayPal!)

  • Anonymous

    I would also like to encourage musicians to step up their game in trying to get paid gigs. Often times venues does pay (or pay what they should) because artists are uncomfortable with being assertive and setting a booking fee. May 2012 a year where you are shamelessly direct with your communication. Ask to be paid what you’re worth and be respectful while doing it. HOW TO NEGOTIATE WITH A VENUE THAT SAYS THEY CAN’T PAY YOU

  • http://members.cdbaby.com CD Baby Admin
  • http://www.facebook.com/AllMusicFestival AllMusicFestival

    Great way for artists to make money, the old school way. Selling CDs. Fans buy them here. Check out the video.
    http://youtu.be/09L3K3ZjJTw

    Exposure this June to 250,000 music lovers will not only put a decent amount of income in your pocket, but grow your fan base exponentially.
    Btw, there is a $250 discount for making a $175 deposit commitment* by Feb. 5th, for your own booth to greet your fans.
    Plus, $10 off the cost of your booth PER referral who also commits* to having a booth. (Limit 5)
    Plus, the biggest artists/ celebrities will be included on the billboard downtown advertising All Music Festival, to the approx. 250,000 music fans attending.

    Send an email to AllMusicFestival@yahoo.com for an application, FAQs and contract.
    Thanks!

    Sage Keffer
    Music Row Music Group

    *Deposit commitment/ commits, is defined as a first deposit by Feb 5th and fulfilled agreement. See FAQs for details.