producing physical music products is a worthwhile investment. Touring can still be a great
opportunity to sell CDs and vinyl direct to fans.
Think about the style of music you make and whether your fans are keen to buy physical
formats - CDs are still popular in the country music scene and many genres are making the
most of the vinyl revival that can be profitable for indie artists. For a small run of 200 vinyl,
there is good margin to be made if you are hitting the road and have the opportunity to
market the products to your fans, or a strong online audience and the means to create an
online store or sell it on Bandcamp. As it can be a considerable investment ensure you have
a strategy to sell through stock so you can make a profit on the production costs.
Other Tips and Tricks
- Spotify algorithms - Some of Spotify’s playlists are curated by algorithms that monitor
an artists popularity trends. Getting as many people as possible to ‘follow’ your Spotify
profile before and after release date and interact with you online helps ‘feed’ the
algorithm giving you a greater chance of playlist inclusion. That’s why things like pre-
save links are really useful.
- Think global - There are hundreds of millions of active music listeners in the world.
Your biggest fans could be in Dubai, Stockholm, Brazil, London, or even Tokyo. Whilst
it’s important to focus on your local market for touring, PR, or radio, your streaming
income can come from all corners of the globe.
- Data - Take advantage of all the data from Spotify for Artists / Apple for Artists and
websites such as Chartmetric. Plus it’s really important to look at your social media
analytics too. Know which songs your fans listen to most, where they come from, and
their detailed demographics, so you can create content that engages them and keeps
them coming back to your music. It’s never been easier to understand your audience.
- Release strategy - Get creative with your release cycle. Releasing two singles then an
album might work for major label acts, but think about how you can tailor your
release strategy to energise your fans and build a new audience. The ease of digital
distribution combined with streaming and socials media has re-written the rule book
on what is possible during the release cycle.
- Lyrics – It’s important to upload your lyrics so that they appear on platforms like
Spotify and Instagram. Some distributors do this for you and others are yet to
integrate the feature. For now, Musixmatch Pro is the main place you can manually
upload your lyrics. Musixmatch Pro pulls information through to major streaming
platforms; Amazon, Apple, Spotify, tidal along with Instagram and Facebook.