Four ways your band can make money
If you've got a real talent for music, you may have often thought about taking the next step with your skills. While jamming with your friends in a band is a fun hobby, it can often be intimidating when you decide you want to begin earning some money through your shared passion.
With this in mind, we've decided to take a look at some of the best ways to start making money as a band. Read on to find out more.
Play some gigs
When you're ready to get out there and share your music with the world, the easiest way to do this is by booking some gigs in your local area. If you have some quality tunes, you can begin to build up a following and earn a regular income.
Don't be afraid to start small to get a feel for performing — it might be worth looking for shared bills or support slots you can play with bigger bands that play a similar genre of music. The Balance has a great guide to booking shows that will walk you through the process early on and is worth a read.
Sell some merch
If you're able to secure a hardcore set of fans, the time may be right to unleash some stylish band merch so your followers can represent (and promote) your band. Items like T-shirts, badges, hoodies, posters, and tote bags can be created and sold for a relatively high profit margin if promoted in the right way.
Custom Planet have an in-depth guide to doing this if you've got no experience in creating and selling band merchandise.
Release a single
When you've got a track that you know people will love, don't just sit on it — get it out there so people can enjoy it! Don't be afraid to put your debut single on streaming services or online music stores — this can be inexpensive and less complicated than you might think.
If you're still not sure, services like Tunecore can do a lot of the hard work for you so you can start earning with ease.
Get your music sync licensed
Sync licensing is the process of getting your music paired with other artforms that use moving pictures like adverts, TV shows, films, video games, and online videos — something your band can earn royalties from. You can reach out to production teams and studios yourself to promote your tunes, or you can join a network like CDBaby, who can help to place your music in front of the right people.
Explore these four great avenues if you want your music to begin earning your band an income. Just remember that success usually doesn't happen overnight, and you'll have to work hard together to secure future opportunities.