Let’s say you’d like to make $80,000 a year from your music. And let’s say that your primary offer (your album) converts at 5%. That means that for every 1000 email subscribers you will sell 50 copies of your album. If your profit margin is $10 per album then you will make $500 per 1000 subscribers. So far your average subscriber value will be $0.50....
By artist John Taglieri - diversify. There are plenty of ways to make money from music these days. I also make money on CD sales, T-Shirt sales, studio session work both in my studio and others, CD duplication work (I bought a CD/DVD duplicator/printer and do short run work for others), picking up gigs as a sideman for other bands/performers. So there are a lot of ways to make money, which is what the end game is.
One of the things that many musicians aren’t aware of is how to make money from their YouTube videos. This is becoming such a big business that most record labels now spend a great deal of time creating and monetizing video content of their artists, as they’ve found it to be a significant source of revenue. But what exactly does that mean to you as an artist or band?