Did you know that you can earn money from making beats? Many producers know very little about turning a profit from beats beyond putting up a Paypal account button on the SoundClick page and other online stores. It can be frustrating when you can’t achieve the height of sales you want from your beats. This article guides you on ways to make money making beats effectively.
How to make money making beats
There are many ways to monetize your beats. You can set up a website dedicated to your beats and incorporate an “Add to Cart” button for potential customers who want to buy your beats. When someone gets attracted to your beats and he wants to use them for whatever purpose, that is the perfect time to apply tips on how to make money making beats.
One of the best and easiest ways to make money making beats is to sell licenses. There are three categories of licenses for beats – the lease licenses, exclusive licenses, and sync licenses.
Lease licenses
Lease licenses are nonexclusive licenses which give buyers the right to use or sell the beat for a limited number of physical albums or digital downloads (usually 2,000 – 5,000). Lease licenses cost around $1 – $50, with $25 as the average cost. Some buyers want to sell more units of your beats or get distinct instrumental track lines of your beats; this demand gives you the chance to sell them as Premium Lease Licenses.
Exclusive licenses
If a buyer wants to own the license and doesn’t want any other buyers to have it, he can buy an exclusive license to your beats. Exclusive license gives the buyer full ownership of your beat with unlimited use. Beats with exclusive licenses are sold to only one customer and the beat is then marked as sold. Exclusive licenses usually cost anywhere from $50 to $1 million.
Sync licenses
Sync licenses are usually ignored by most producers and are availed mostly by broadcasters and media professionals. Sync licenses give the buyers a limited number of broadcasts, one sound track released for example. Beat artists can earn royalties through sync licenses. Sync licenses are usually priced somewhere between the exclusive license and lease license.
Sell beats online
Another way to make money making beats is to sell them online. There are many reasons why selling beats online is the best way.
- Selling beats on the internet is much easier compared to other methods of selling. With the internet, you can sell 24 hours a day anywhere in the world and the process is automated from pressing the “buy” button to getting paid.
- Helps people. There are many people who are in need of quality beats. By setting up an online store for your beats, you unconsciously help them by providing the beats that they need.
How to sell beats online? Set up your website or hire a webmaster if you have the budget. With a website, you can put up every beat that you make and showcase them to potential customers. Do not expect overnight sales; however, your website will eventually bring steady income in the future.
Also, take note that you need to market your website and beats in order to be visible to search engines. Give away free beats as samples and reserve for purchase the best beats that you have.
Community beat stores
If you do not have time to do all those technical tasks in setting up a website, use community beat stores such as SoundClick, Rocbattle, PMPWorldWide, and MyFlashStore. These sites are easy to set up and they already have high traffic to their homepage. Community beat stores enable music artists, beat enthusiasts, and other music professionals to connect to each other.
Sell the beats of other producers
It may sound funny and counterintuitive but selling other producers’ beats can actually help you earn money making beats. This way you can build up a team of beat makers where you can learn and improve your music production while you actually earn money.
If you set together your beats and other producers’ beats, you can have a wide range of styles which can help increase your market and help you earn market share. There are other ways to make money making beats such as making beats that are in high demand by artists and audiences and teaming up with producers, among others.
