12 Smart Ways to Make Money as a Music Producer - Audio Mentor (2023)

As music production evolves throughout the years, the opportunities for music producers, musician and artists are also continuing to boom with endless possibilities.Back in the days, it was quite harder to make money unless you’re signed under a label or have big-time connections in the music industry. Things have changed drastically since then. The internet has now become a door to countless opportunities, with the entire world as the audience.

Sending out your demos to music labels while you wait for them to discover you is no longer a thing. Going bar to bar, begging owners to hire you play at their venues is also a practice that’s getting quite obsolete. It doesn’t work that way anymore and this time around, your success is at your fingertips.

Here are 12 smart ways on how to make money as a music producer:

1. Sell beats or royalty-free music

For the past few years, there has been a surge of music producers and beat makers who sell “type beats” to independent singers, artists and rappers. Most of them are making a killing selling instrumentals on their websites and other platforms while using social media to market their digital products.

Beat prices range from $19 and up, depending on the quality of the beat, how big the clientele is and how famous you are as a producer. Licensing types are also considered when it comes to pricing (non-exclusive lease vs. exclusive tiers)but there is no set rule for this.

Read more: What is royalty free music?

The great thing about selling beats is the perk of earning while you sleep – make a beat now, sell it on your website and move on. Repeat daily, weekly or monthly depending on your schedule. Passive income is the way to go!

The best way to start is to produce at least 10-20 beats to jump start your business.This number is ideal if you’re just beginning, as it won’t be too overwhelming to accomplish and manage. Next is to get a domain name for your website from an array of top domain registrars such as GoDaddy,Bluehostand Hostgator. Your domain name should be consistent with your brand.

Once you’re done with the first few steps, hire someone to do your beat store logo or make one on your own. You can outsource from freelancing websites such as Fiverr, where you can have your logo made starting at five dollars and up. However, if you decide to do it on your own, there are tons of graphic design tutorials on YouTube that you can check out.

The final step is to choose your website hosting service. Here are some of the top hosting services to pick from, made exclusively for beatmakers:

(Video) how I make money as a music producer on youtube

  • TRAKTRAIN – The platform itself doesn’t take any money from your MP3 sales while charging 0% on paid membership. Definitely recommended.
  • Beatstars – The most popular among producers, with free and paid account options.
  • Airbit – Formerly known as myFlashStore, this online marketplace almost has the same features but you can maximize the forums where you get to interact with fellow producers.

2. Make a YouTube Channel

Ever wondered how PewDiePie, Logan Paul and Ryan ToysReview got so big in the YouTube space, earning billions of dollars?All of them started from the bottom, like everyone else. Churning out content day in, day out and being “everywhere” on social media, making names for themselves as they grow their fan base.

Uploading your beats on YouTube and running a channel with a consistent upload schedule will not only grow your portfolio but your business as well. On top of that,you can also do music producer vlogs or behind-the-scenes content which your followers might like. Plan out your branding strategy and be unique enough in order to stand out from the rest.

Start by regularly uploading content in order to qualify for the YouTube Partner Program. Your goal is to reach 1,000 subscribers and 4,000 watch hours before you can monetize your channel. Once you’ve reached these milestones, you will then be qualified to monetize.

Don’t forget to set up a Google AdSense account to withdraw your future AdSense income.

3. Use Patreon to increase your Income Streams

So, what is Patreon, you ask? Patreon is a membership platform that provides business tools for creators to run a subscription content service, with ways for artists to build relationships and provide exclusive experiences to their subscribers, or”patrons” (Conte, 2017).

This will be like a secret fans club. Your patrons will subscribe to you for a fee in exchange for exclusive content that other subscribers don’t have access to.

You can post anything that your subscribers might be interested in such as, behind-the-scenes videos, customized music or maybe even a personalized video chat – the list goes on. Be creative and figure out how you’ll be able to give that unique experience that your patrons will enjoy.

The most effective way to use Patreon is to advertise it on your YouTube channel.You can paste the link in your video description, but you can also give your followers a heads up through other social media platforms.

4. Sell sample packs

When it comes to music production, there are producers who can come up with their own synth riffs, tweak their drum sounds and effects. However, there are also others who can’t or don’t have the time to.

They desperately need you! If you’re that kind of producer who also has a knack for sound design, then this is the perfect way for you to make money.

(Video) Proof That Chinese is the Easiest Language

Make customized drum kits, synth samples, as well as presets packs for VST’s like Serum, Massive, Sylenthand many more. Sell these samples on your website and don’t forget to add artwork to make it more visually appealing.

Another option is to sell these packs through sample libraries. Here are some of the most popular ones:

  • ADSR Sounds – Not only does this website feature a wide variety of royalty-free samples, but it also sells music production video courses which definitely attracts the right target market. Try your luck and submit what you’ve got!

5. Offer Mixing and Mastering Services

Ah, yes! The most important step before releasing music – mixing and mastering. You might be wondering, “How many artists, singers, rappers are releasing music on a regular basis?” Tons of them, especially the independent ones.

Booking a high-end professional studio for this service might break the buck for most artists who are on a tight budget. If you have an ear for balancing mix and making it the best version it can be, take advantage of that and offer these services for a more affordable price, depending of course on the number of tracks, the level of your expertise, studio equipment and other factors that you’d like to consider.

There are mixing engineers out there who charge from $50-$200 per song, but this will change depending on individual preferences. Some professional studios charge higher and you can totally charge more if you’re in that caliber.

6. Offer your services to Freelancing websites

Freelancing websites are commonly perceived as platforms which are only good for administrative work and IT-related jobs. Although a majority of employers are looking for these services, there’s also a market that music producers can take advantage of.

There are clients who are in need of music for their short films, startup ads and independently released apps or games. If you’re versatile enough and is also willing to try other audio-related tasks, there are jobs like custom song production, nursery rhymes composition, podcast editing, music content writing and many more.

Here are some of the most popular websites among freelancers:

  • Upwork– Formerly known as oDesk, this freelancing website is the biggest and fastest-growing marketplace which caters to millions of freelancers and clients around the globe. Due to an overwhelming number of applications, Upwork is very selective when it comes to welcoming freelancers onto their platform. In order to get your account approved, make sure to you create an impressive profile and portfolio. Take the required tests based on your skills to increase your chances of getting hired.
  • Fiverr– One of the most popular sites for creative freelancers, Fiverr lets you offer services for as low as five dollars.When starting out, you can offer cheap services for basic music production gigs like creating a 30-second custom instrumental with 1-2 instruments. Later on, you can add extra fees for longer lengths and additional work, but make sure to offer your premium services for what it’s really worth.Don’t be afraid jack the price up when you need to.

7. Explore music licensing

One of the most lucrative field to add to your list is music licensing for TV and film.Awesome, right? But how does it work?Basically, you make instrumental cues or songs with vocals that could work for TV or film, pitch them to music libraries and wait until you get signed to be part of their catalog.

Your music has to be really good in order to succeed in this field. Networking and a little bit of people skills will come in handy as you deal with music supervisors and library owners who will help you get sync placements.

(Video) Should I Start An Academy? Or How About a Make Music Income MasterMind Class? Join the Debate!

There are some libraries which offer upfront sync payments ranging from a few hundred dollars to thousands. These fees are to be split equally between the library and the composer, but there are also some which don’t offer upfront payments.Despite that, the exciting thing about music licensing is the back-end income, which will start flourishing once you start getting royalties. Imagine making tons of tracks to be placed on international TV shows, with re-runs and worldwide broadcast.

Remember, it is also a numbers game – the more you make music and pitch to different libraries, the more you earn and expand your opportunities and connections.

Here are a couple of music licensing websites worth checking out:

  • Crucial Music – Running their music catalog for almost a decade, Crucial Music connects artists, composers and songwriters to licensing opportunities for blockbuster films, Emmy winning shows and big brand spots. This library is very selective, so you have to make sure that what you’re submitting is at par with what you hear on TV, film and commercials. You can submit your music here but you’ll have to be patient because it usually takes them a month before you get a reply, probably due to a handful of applications they receive on a daily basis.
  • Marmoset – Another library which meticulously curates music for licensing. This company prides itself in terms of selecting music from rare and emerging artists, bands and record labels.

8. Teach Music Lessons

Do you know how to play the piano? The guitar or drums, perhaps? Whatever your instrument may be, you can use your talent to teach other people and develop theirs.Depending on your preference, you can do it at your home studio, offer home service and go to your students’ homes or do it via Skype if you’re after the convenience.

Advertise online using your website or use Facebook ads, and target potential clients near you. As for Skype lessons, don’t limit yourself and try to teach students from different parts of the globe.

9. Sell online courses and tutorials

Apart from teaching one-on-one lessons, you can also up your passive income game by selling pre-recorded online courses and tutorials. Most online courses are done through video, but you may enhance the experience and make use of all media,including audio, texts and photos.

Even better if you can produce something more interactive, to make it more fun and immersive while your students learn at the same time.

You can do this on your website, but if you’re looking for a third party platform to help you sell these courses to the right target market, you can check out these websites:

  • Udemy– With over 80,000 courses and 24 million students, this online learning platform is great for creative entrepreneurs and music producers who want to offer their courses in an organized and interactive way of learning.
  • Lynda– This online learning platform offers a more flexible subscription model to students by charging monthly fees in exchange for unlimited access to all courses on their platform. This setup gives you more exposure to untapped market niches and students who might be interested in exploring music production courses.

10. Put your music in all streaming sites like Spotify, iTunes and Google Play

Another way to earn while you sleep – streaming royalties! If you’ve established your brand as a beat maker, you can double your income by also making music for a fan base. This time around, you’re no longer working behind the scenes but at the forefront – you are the main artist.

For starters, you can take advantage of these music distribution services depending on your needs:

(Video) Steve Jobs talks about managing people

  • Distrokid – For only $19.99 a year, you can upload an unlimited number of songs and albums. Distrokid also features an automated system for royalty splits if you’re releasing music as a collaboration with other artists.
  • Tunecore – Although this distribution company charges more, they are more transparent when it comes to your earnings, reports and analytics.

11. Sell your own merchandise

Yes, you read that right. Selling your own merchandise is another smart way to keep the money rolling in. You can sell anything from t-shirts and caps, to key chains and wristbands – it’s all up to you, the possibilities are endless.

This step will involve some graphic designs kills and you can either make your own designs or hire someone to do the job for you. These designs will have to be consistent with your brand. You’ll be using a logo for the most part, but feel free to throw in your tagline or some catchphrases that you made popular to your fan base. It can be anything that’s related to your brand, anything that represents you as a music producer, as an artist.

Build your fan base from the ground up by advertising on all social media platforms and nurture your community through online engagement.

In order to do that successfully, you will definitely need help from these merchandising services:

  • Redbubble – A global online marketplace for print-on-demand products, Red bubble can make and distribute products from t-shirts to phone cases.
  • Printful – This print-on-demand website has been around since 2000 and is popular among entrepreneurs who advertise products on their e-commerce website.

12. Make money using your other creative talents

Whether it be graphic design, video editing,photography or article writing, using your other creative talents will not only make you a well-rounded artist, but also a smart and strategical creative entrepreneur.

Most music producers are creative individuals who have many talents besides making music.By maximizing all of your skills, you are also maximizing your financial growth. Don’t be afraid to explore and step outside of your comfort zone.

These are just some of the smartest ways to make money as a music producer. It may be overwhelming for some, but hard work, perseverance and versatility will go a long way if you want to survive in this challenging industry.

You don’t have to be a starving artist forever; turn your life around and take action, pursue what you love to do and earn from it.

Conclusion

Now that I’ve given you some tips to make money as a music producer, it’s time for you to explore. Prior to what many people say, thanks to the internet it’s possible to make a full time living as a music producer.

Let me know which monetization method you decide to pursue? Or maybe you have one which I didn’t mention here. Let me know in the comment section below.

(Video) Sam Smith, Kim Petras - Unholy

FAQs

Can you make a living off producing music? ›

Lots of music producers make a substantial amount of money by selling their beats to hip-hop artists and other independent musicians. Music producers are able to sell their tracks anywhere from $10 dollars into the tens of thousands. Depending on how much hype you have, you can set your price accordingly.

How do I become a successful audio producer? ›

What Makes a Great Music Producer?
  1. Connect with the Musicians. ...
  2. Be Familiar with the Process. ...
  3. Listen to the Mistakes you Make. ...
  4. Receive Feedback. ...
  5. Work with What You Have. ...
  6. Become Your Own Best Marketer. ...
  7. Don't Get Paralysis by Analysis. ...
  8. Know Your "Why"
25 Oct 2019

How do music producers get clients? ›

How To Get Clients As A Music Producer
  1. Build a Content Hub. A content hub holds content. ...
  2. Create a Free Offer to Attract Newcomers. Aim to give around $100 in value. ...
  3. Create an Interest Form. Use a Typeform form. ...
  4. Get ActiveCampaign. ActiveCampaign is an email service provider. ...
  5. Use A CRM.
12 Sept 2020

What is a ghost producer? ›

A ghost producer or ghostwriter is someone who creates tracks for other artists and is typically not credited for their contributions.

How much should a music producer charge? ›

It ranges anywhere from $400 up to $2,000-3,000 per song. This price varies from producer to producer and from client to client. Here are some factors to consider when finding the right price to charge…

How much do independent music producers make? ›

Freelance Music Producer Salary. $31,500 is the 25th percentile. Salaries below this are outliers. $73,000 is the 75th percentile.

How many streams do you need to make a living off music? ›

So, you will need around 170,000 streams on Spotify and 85,000 streams on Apple Music to reach a minimum wage income. For a whole year, this number will come out to around 3.06 million streams on both platform that you will need to be able to make a living.

How much do online music producers make? ›

Stats and opinions do vary quite a bit, but either way, active (and experienced) music producers, on average, can expect to make anywhere from $47,000 to $84,000 per year. Of course, there are many producers earning considerably less, and there is relative few earning two to four times the highest average estimate.

How do I become a self taught producer? ›

  1. 6 Ways to Learn Music Production Faster. Are you interested in learning music production more quickly? ...
  2. Discover What You're Unfamiliar With. Here is where self-awareness comes into play. ...
  3. Watch Tutorials. ...
  4. Work with Other Producers/Songwriters. ...
  5. Study Everything. ...
  6. Produce Music Consistently. ...
  7. Attend a Music Production School.
11 Jan 2020

How much do beginner music producers make? ›

How much does an Entry Level Music Producer make? As of Nov 4, 2022, the average annual pay for an Entry Level Music Producer in the United States is $47,127 a year. Just in case you need a simple salary calculator, that works out to be approximately $22.66 an hour.

What skills does a music producer need? ›

6 Skills a Music Producer Needs to Practice:
  • Playing an Instrument. Having a comprehensive understanding of music is a must. ...
  • Sound Engineering. ...
  • Music Theory & Composition (aka Song Writing) ...
  • Managing People. ...
  • Communication. ...
  • Business + Finances + Contracts.
16 Aug 2018

How do music producers gain followers? ›

10 Essential Social Media Tips For Music Producers
  1. Establish Your Artist Brand. Creating amazing music is not the only task you need to do to become a successful music producer. ...
  2. Diversify Your Posts. ...
  3. Plan Your Posts Ahead. ...
  4. Nail Your Hashtags. ...
  5. Follow The Trends. ...
  6. The Power of Images. ...
  7. Post at the Right Time. ...
  8. Find your Community.

What platform do music producers use? ›

A digital audio workstation, or DAW, is an electronic device or piece of software for digital music creation. Popular DAW's are Ableton Live, Pro Tools, FL Studio and Logic Pro X. Additionally music producers will use virtual instruments (VST's) in these DAW's.

Do producers need to master their beats? ›

It really depends on the producer if they master their own tracks. Basic mixing and mastering is a skill most producers have in the bag. However for bigger official releases it's a great idea to let a mixing/mastering engineer have their go at it.

What are 3 responsibilities of a producer? ›

Producer duties and responsibilities

Selecting topics and scripts for plays, commercials, shows and films. Auditioning and selecting cast members along with state or film crews. Approving the financial and design aspects of a production.

What are the five main responsibilities of a producer? ›

A producer's job involves planning, coordination and management around a movie's script and writing, casting, directing, and editing as well as finances, marketing, release and distribution. A film producer can work for a production company or independently to oversee film production.

Can I call myself a producer? ›

Call yourself a producer when you are producing something.

How much should a beginner producer charge for a beat? ›

A typical non-exclusive instrumental beat might go for $25-100, while an exclusive beat may go for $300 or more.

How much does it cost to produce 1 song? ›

One song could cost from $50 to $500 – but at a project-based rate, an entire album could start at around $2000. After an album is recorded, it is sent to a mastering engineer. Average mastering engineering rates are $100+ per song or $500+ per album.

Who gets paid more producer or artist? ›

Anyway, artists still earn more than music producers, because they receive a higher percentage of royalties. Besides, they have unlimited methods to monetize and capitalize on the record to earn more cash. A music producer relies on a performer in order to make money.

How many hours do music producers work? ›

Even with 60-80 hour work weeks, the music producer is likely playing catch-up on a daily basis.

How much royalties should a producer get? ›

The record royalty for a producer is usually between 3% to 4% of the record's sales price or 20% to 25% of the artist's royalties. On a CD that sells for $10.98, the producer's royalty would be about 33 cents for each copy sold and for a digital download of an album priced at $9.98 the producer receives 30 cents.

What percentage of music producers are successful? ›

According to Next Big Sound, 90.7% of all artists are undiscovered, 6.8% are developing, 1.4% are mid-sized, 0.9% are mainstream, and only 0.2% are considered megastars.

How much money does 1 million streams get you? ›

Spotify pays between $0.001 and $0.008 per stream to artists. This means that if your song is streamed one million times on Spotify, you can expect to earn between $1,000 and $8,000.

How much money is 10k streams on Spotify? ›

As for how much Spotify pays per stream, they pay roughly $0.04 per 10 streams. So, 1000 streams would be around $4, and 100,000 streams would be $400.

How can producers make the most profit? ›

Answer and Explanation: Producers can maximize their profit by ensuring that their incremental or marginal profit increases. The marginal profit is ascertained by deducting the marginal cost from the marginal revenue and hence, it can be increased by increasing the marginal revenue and decreasing the marginal costs.

Do music producers get paid up front? ›

Producers get their up front fee (advance) and then their points kick in after the recording costs are recouped. But, unlike artist major label deals, once the recording costs are recouped, the producer gets paid from “record one.” Meaning, from the first sale/stream.

How long does it take to self teach music production? ›

It will take most producers about 4-5 years to start making music that is the same quality as the songs you hear on the radio. Granted, this depends on the amount of time you are able to put in, and how much time you're dedicating to improving your craft.

What do beginner producers need? ›

Beginner Music Producer Equipment List.
...
What Do I Need To Start Producing Music?
  • Computer Hardware. For starters, a laptop or desktop computer capable of running modern software will be needed. ...
  • Digital Audio Workstation. ...
  • Musical Instrument Digital Interface. ...
  • Audio Interface Hardware. ...
  • Microphone. ...
  • Other Accessories.

What should I learn first in music production? ›

You Must Start Studying Music Theory

Without understanding the basics of music theory, you can't write chord progressions, melodies and bass lines, or even create a basic song structure. As you start learning techniques here, start listening as an active participant in music and try to listen for what you're learning.

How can I become a Music Producer fast? ›

The best and fastest way to start your music production career is by taking music production courses online. You can also do music theory courses to learn about melodies, chord creation, chord progressions, the circle of fifth, sound design, and more.

Is it worth being a Music Producer? ›

There are various pros, cons, and challenges to being a music producer, but it's worth becoming one especially if we're passionate about working and getting valuable experience in the music industry. Any opportunity to make a living doing something we love is something worth giving a try.

Where should I start as a Music Producer? ›

How To Start Music Production
  • Get a DAW.
  • Start learning sound design.
  • Learn about mixing and mastering.
  • Start learning arrangement.
  • Learn about file & export settings.
  • Start adding to your plugin & hardware collection.
  • Look into studio equipment.
  • Create a practice routine you'll stick to.
11 Jan 2022

How do you know if your a good music producer? ›

Be Versatile. Music producers should know a lot about a lot. They gather ideas for projects, select songs to record, make improvements or changes to song arrangements, coach artists and musicians, manage recording sessions, engineer and master some of the final production, and more.

What qualities make a good producer? ›

The 10 vital qualities for stepping into the shoes of a successful video producer include creativity, selectivity, patience, concentration, efficiency, communication, organization, attentiveness, cooperation, and flexibility.

What does a music producer do in a day? ›

A music producer's day to day can include setting up a studio and then having meetings with artists, as well as their management and record label. The producer could be responsible for session musicians too and even organise when they come to the studio. A producer will often run recording sessions with an engineer.

How much money do music producers get paid? ›

Stats and opinions do vary quite a bit, but either way, active (and experienced) music producers, on average, can expect to make anywhere from $47,000 to $84,000 per year. Of course, there are many producers earning considerably less, and there is relative few earning two to four times the highest average estimate.

How much money can you get from making music? ›

In summary, the average working musician earns $35,300 USD gross revenue annually from their music career, counting income from a variety of sources.

How do I sell a song I wrote? ›

Pitch your song to a music publisher. Artists will get songs from a wide range of sources, including their record label, manager, producer, studio musicians, friends, loyal fans, and family. But to pitch your song to established artists, your best bet is to go through a music publisher.

How many streams do you need to make money on music? ›

Although the number is constantly fluctuating, in 2022, Apple Music pays 0.00783 per stream on its platform. With this in mind, a song will earn $1 after streaming roughly 128 times. Beyond this, Apple Music also has a pro-rata system that distributes a large percentage of its advertising revenue to streaming artists.

Videos

1. Ninja Kidz Movie | Season 1 Remastered
(Ninja Kidz TV)
2. How To Market Your Music In 2022 | DON'T WAIT TO START DOING THIS!
(Adam Ivy)
3. Kim Kardashian West and Paris Hilton Attempt To Use The Dishwasher | Cooking With Paris | Netflix
(Still Watching Netflix)
4. What is the most important influence on child development | Tom Weisner | TEDxUCLA
(TEDx Talks)
5. Last Call
(Kanye West)
6. Best Advice to Small Business Owners
(Goldman Sachs)
Top Articles
Latest Posts
Article information

Author: Lidia Grady

Last Updated: 01/14/2023

Views: 6228

Rating: 4.4 / 5 (45 voted)

Reviews: 92% of readers found this page helpful

Author information

Name: Lidia Grady

Birthday: 1992-01-22

Address: Suite 493 356 Dale Fall, New Wanda, RI 52485

Phone: +29914464387516

Job: Customer Engineer

Hobby: Cryptography, Writing, Dowsing, Stand-up comedy, Calligraphy, Web surfing, Ghost hunting

Introduction: My name is Lidia Grady, I am a thankful, fine, glamorous, lucky, lively, pleasant, shiny person who loves writing and wants to share my knowledge and understanding with you.