Monetizing music used to be a challenging task for artists and producers. The traditional methods of selling music CDs and going on tours involve a lot of effort and investment. But, with the rise of streaming platforms, things have changed drastically. Spotify, as one of the most popular music streaming services, has helped artists to monetize their music in new ways. In this blog post, we will discuss how to monetize your music on Spotify.
Video Tutorial:
Why You Need to Monetize Your Music on Spotify
Spotify has over 345 million active users, and it is available in 93 countries worldwide. It has a vast audience that could help artists to reach their target listeners. By monetizing your music on Spotify, you can earn money in various ways. You can earn money through streaming and royalty payments. Spotify also allows artists to sell merchandise and concert tickets.
Method 1: Using Spotify for Artists
Using Spotify for Artists is an excellent way to start monetizing your music on Spotify. In this method, you need to create a Spotify for Artists account.
Steps:
1. Go to artists.spotify.com and click on the "Get Access" button.
2. Fill in the required details and click on "Sign Up."
3. Verify your email and log in to your account.
4. Click on "Claim Your Profile."
5. Search for your artist’s name, and click on the "Claim" button.
6. Fill in the required details and click on "Submit."
7. You will get an email from Spotify once your claim is approved.
Pros:
– Spotify for Artists provides insights and analytics about your music performance.
– It allows you to manage your artist profile by adding images and updating your bio.
– You can use Spotify for Artists to create custom playlists and promote your music.
Cons:
– It takes time to get approval for claiming your artist profile.
– The analytics provided can be overwhelming for beginners.
Method 2: Pitching Your Music to Spotify Playlists
Spotify playlists play a vital role in the success of an artist. Pitching your music to Spotify playlists can help you to reach a broader audience.
Steps:
1. Find playlists that fit your music genre.
2. Click on the three-dot icon next to the playlist and select "Share."
3. Send the playlist link to your email.
4. Go to submit.spotifypromotions.com and select a promotion package.
5. Fill in the details of your music and select the playlists you want to pitch.
6. Make the payment and wait for approval.
Pros:
– Pitching to Spotify playlists can increase your music streams and reach.
– It allows you to target a specific audience based on the playlist genre.
Cons:
– There is no guarantee that your music will be added to the playlist.
– The promotion packages can be expensive for new artists.
Method 3: Using DistroKid
DistroKid is a music distribution service that helps artists to distribute their music to streaming platforms, including Spotify. It also helps artists to monetize their music by providing various monetization options.
Steps:
1. Go to DistroKid.com and create an account.
2. Upload your music to DistroKid.
3. Select the streaming platforms where you want to distribute your music.
4. Choose the monetization options provided by DistroKid.
5. Click on the "Distribute" button.
Pros:
– DistroKid provides various monetization options, including YouTube monetization and Shazam monetization.
– It distributes your music to over 150 digital stores worldwide, including Spotify.
Cons:
– DistroKid charges an annual fee for distributing your music.
– The monetization options provided by DistroKid have limitations.
What to Do If You Can’t Monetize Your Music on Spotify
If you cannot monetize your music on Spotify, there are other ways to earn money as an artist. You can sell your music on different platforms like Bandcamp and iTunes. You can also promote your music on social media platforms and earn money through merchandise sales and concert tickets.
Bonus Tip
Collaborating with other artists and featuring in their songs can help you to reach a broader audience and monetize your music on Spotify.
FAQs
Q: Can I monetize my remixes on Spotify?
A: Yes, you can monetize your remixes on Spotify if you have permission from the original copyright owner.
Q: Can I monetize my cover songs on Spotify?
A: Yes, you can monetize your cover songs on Spotify if you have obtained a license from the original copyright owner.
Q: How much money do artists earn per stream on Spotify?
A: The amount of money earned per stream on Spotify varies depending on various factors, such as the country, the subscription plan, and the number of streams.
Q: Can I promote my music on Spotify without paying?
A: Yes, you can promote your music on Spotify without paying by pitching to editors of Spotify’s playlists or collaborating with other artists.
Q: What is the minimum age requirement for creating a Spotify account?
A: The minimum age requirement for creating a Spotify account is 13 years old.
Final Thoughts
Monetizing your music on Spotify is an excellent way to earn money as an artist. By using Spotify for Artists, pitching your music to Spotify playlists, and using DistroKid, you can reach a broader audience and monetize your music on Spotify. If you cannot monetize your music on Spotify, you can sell your music on different platforms and promote your music on social media. Remember to collaborate with other artists and stay consistent in promoting your music.