How to face the music industry as an independent artist

 

These tips can really be applied to anyone venturing into any industry. Check ‘em out.

1.) Do not cold call.  In this day and age cold calls are just downright annoying and disruptive. Email and let it wait in their queue.

2.) See things their way. Regardless of your sound, you need to show industry reps that you have something going on and something that they could profit from investing in. You have to show them that you’re on the wright track without them and there is an urgency for them to get involved.

3.) Make them come to you. Focus on building your story and value. Instead of spending your time making cold calls and sending emails, spend your time building your plan and reaching out to media and promoters (a lot of which these tips can be used for as well). Also, don’t forget to perfect your craft.

4.) Come on easy.  Your initial email should never read “I would love to work with you, can you represent me?” Most of the industry people who are good at what they do like to have a personal relationships with their clients and their clients’ music.

5.) Be confident. If you are not proud of what you are sending them, do not send it. Period.

6.) Learn how to truly network. Get creative about meeting people and be genuine, this will go a long way.

7.) Be patient. There are simply not enough hours in a day to get to all the emails. Do not take it personally.

8.) Proofread your email. Grammar is important. You wouldn’t send a resume in with typos, would you?

9.) Never burn bridges.  Always keep your mind open and remember the industry is very connected. Everyone who is in it has fought to be where they are and will most likely value your career at some point.

Industry Tips & Advice: Navigating the Music Business – Mapping Out A Living

So how hard is it really? You write songs and sell them, that’s all there is to it, right? Unfortunately the music industry isn’t quite as simple as we’d all like it to be. There are many different sectors through which an artist must pass and even more ways in which these sectors can be negotiated and traversed. To successfully navigate the music industry one must learn what happens in each of these sectors and how they inter-relate. To help you get started we have a ‘Map of the Musical Universe’ courtesy of PRS (click to enlarge).

This map provides a detailed summary of the business flow within the music industry. Look closely at how and where money changes hands and try to work out where you might fit in. Also, to help you make sense of it all, we’ve come up with a few top tips for navigating the music industry >>

1. Know your Brand

Always bear in mind that, just like purveyors of all other commercial products, you are a brand. Music is, of course, a highly creative endeavor in its own right, but after it has been published, distributed, sold and bought it becomes the end product of a complex commercial industry which effectively makes you, the artist, a marketable brand. We know that great music can sell itself, but branding always exists in some form. For example, even an artist who rejects everything to do with marketing and branding will, in doing so, create a set of branding credentials and a marketable image: that they are nonchalant, they disregard convention etc. The Sex Pistols’ anti-authoritarian and anti-establishment attitude became their brand; what they were known for.

Branding is essentially how you are perceived and is something that you can try to actively influence with an array of marketing strategies. Alternatively you can let your Brand grow naturally as you make more releases and do more gigs. Whichever method you choose, the key thing is to be aware of how you are perceived and how this perception can be effected by different things.

With an accurate notion of your Brand and how you are perceived, you should begin to look for ways that you can use this perception to your advantage and channel it into good, effective promotion: select other producers/organizations/blogs that are in keeping with your Brand and look for with some form of mutually beneficial relationship. Find DJs and producers who play and make similar stuff to your own and swap tracks for collaboration or playing out. Write an article for a blog and ask in return to have your music posted there. Don’t confine your creativity to the studio: think of new and original ways to get your music to relevant audiences and people who will actually be interested.

2. Build a strong fan base

Aim to build lasting relationships with fans. On Twitter and Facebook don’t only post about buying your latest release as this will bore people and lose their attention. Keep your posts fresh, mix up the content and engage with fans as much as possible by replying to questions etc. It’s better to have a few dedicated and enthusiastic followers than a large amount who are all indifferent and disinterested. There are three different types of fan; passive, participating and passionate, so think of ways you can appeal to all three.

Don’t focus too much on selling tracks for 79p online. This is actually a very long-winded way of creating a fan base. You will be much better off giving tracks or other content away for free as this will encourage more interest and create a stronger connection between you and potential fans. The first step is to build up a following, then you can start making money from selling content. Additionally, a good sized following is something that will generate interest from promoters, venue bookers and labels and is therefore worth loads more than a few 79p downloads.

3. Be professional

A Wise Man (who loved his job) once said ‘choose a job you love and you’ll never work a day in your life’. You might not see your musical pursuits as a job or career, and it is true that the music industry is a lot more laid back than other areas of business, but it is an industry nonetheless and it is therefore vital to maintain a professional stance when dealing with the people you encounter as you navigate your way. Such situations will not always be equivalent to a strict office environment; indeed, an evening’s work might involve a few drinks whilst networking at a gig. The key here is to find a balance: Utilize the benefits of the music industry’s more relaxed conventions but always take it seriously. Nothing is more off putting than someone who acts as though business isn’t important.

One of the keys to success in the music industry is good networking and therefore a great way to demonstrate professionalism is through your communication with others. Here are some pointers:

Be concise, don’t ramble and make clear the reason you are contacting the recipient.
Avoid slang. Spelling should be as per the dictionary, no text message abbreviations.
Don’t hound anyone. Once you have sent the email or left a voicemail, wait at least a few days before chasing up. Never turn up at someone’s workplace uninvited: always call ahead and make an appointment for business matters.
Think about your reputation. The Music industry is made up of tight knit groups so if you have an argument with or are rude to one person, the word will soon get round. Slamming one door could cause several others to close as well.
Be considerate and helpful. The more you help people out, the more willing they will be to help you in the future. Thanking people when they help you makes it more worthwhile for them, so they will be more inclined to help you again.
4. It all comes down to the music

Hone your skill and master the craft. Ultimately, if the music is good it will sell itself. The advice above is all valid but don’t get so wrapped up in the business side of things that you neglect the creative process. Don’t worry about making a certain sound, stay true to the kind of sounds you want to create and your talent will show through naturally in the music you make.

FINDING FUNDING FOR YOUR MUSIC BUSINESS

Whether you’re releasing a single album or starting an actual music related business, more than likely you will find yourself looking for funding or capital to get your business venture started.

The obvious need is for recording and production costs, but as we just discussed, there is also a large cost for marketing and promotion which includes radio promotion, website development and maintenance, publicity, advertising, legal, small staff, promotional events, videos, shipping and the list goes on and on.

Some of the traditional means used to finance an endeavor have ranged from using personal credit cards to securing a bank loan to borrowing money from relatives.

In recent years new companies are springing up to help, by taking an old concept of fan funding and making it a whole lot easier

In this post, we will take a look at a couple of alternative funding sources available to get your music project or business going.

Fund Your Music Project Using KickStarter.com

Kickstarter targets those desiring to fund a creative project. Instead of investments or lending, the funding opportunity is donations based. This allows for 100% ownership and complete control over the projects by the creators. In return for their donations, donors receive perks or rewards such as products and experiences.

Kickstarter is rather open as to requirements and qualifications for obtaining financing. Funds can only be raised for creative projects and creators should offer rewards to their donors. The application process consists of a few quick questions. Kickstarter screens the applicants to make sure there are no violations of their guidelines (creative projects only and no financial incentives).

Kickstarter operates on an all or nothing funding model. This means that if the target funding amount is not met in a specific amount of time, Kickstarter cancels the funding campaign and no money changes hands. This protects the creators and the donors. Creators are not expected to complete a project with insufficient funds and donations are not given to projects that creators can’t complete.

The Kickstarter website provides a platform that allows potential donors to discover projects in need of funds. They also maintain a blog with information to assist creators and their projects.

Fund Your Music Project Using Profounder.com
ProFounder targets those who are business owners. The financing opportunity is an investment model based on raising money for the business from those in the community. This is not a loan from investors, and business owners transfer no equity (ownership) to the investors. They employ a revenue sharing model where a percentage of revenues are paid to the investors.

Requirements and qualifications to obtain financing include filling out an online application and paying a $100 fee once ready to start raising funds. Business owners can only contact and present the investment opportunity to those people with whom they already have substantial pre-existing relationship with. As with Kickstarter, if the funding target is not met, ProFouner does not transfer the funds for use.

The ProFounder website includes resources to help with preparing for an investment, creating a pitch, and creating the offer terms. A support forum and blog are both available to offer assistance.

PROFOUNDER

Advantages and Disadvantages

The advantage to using the two before mentioned alternative financing services, known as crowdfunding, is that they allow a music creator or business owner to raise needed funds while remaining in control and keeping ownership of their project or business. The disadvantage to using those services is that if the person seeking funds does not have enough connections or is not able to connect with enough potential donors, funding is not possible.