Tips for Selling Your Beats
So you’ve triumphed in learning how to make your own beats and you’re ready to make some money for your hard work.. but don’t have any idea how.
Besides meeting and selling beats to contacts you’ve met through the ways mentioned in my article on How To Get Exposure For Your Beats, there are many other ways to start turning your talent into dollars.
Find a Manager
One thing that is overlooked is hiring a manager. A manager will move around actively shopping your beats to prospective artists. You usually will pay a fixed percentage on the sold beat price. A manager can be anyone from a family member, to a local dude who has connections to everyone in the scene, to an already established manager with industry contacts.
“Leasing” Your Beats
Some producers have taken to “leasing” their beats out on a limited use basis. The buyer pays a small amount of money (anywhere from $5 – $50) for non-exclusive rights to a beat, but usually with some limitations on what they can do with any song that uses it. Some provisions I’ve seen are “Song may only be used on 1000 pressings”, and “no video is to be made for this song”. Usually if a buyer wants to use the beat beyond the seller’s limitations, he must buy another lease or purchase exclusive rights to the song. The “leasing” arrangement allows producers to continuously make money off of a single beat without having to take it off of the market.
Licensing Music for TV / Film / Video Games, etc
Watch any TV show and what do you hear? Besides hearing people pretend to talk to each other, you hear MUSIC. And guess what else? Whoever created this music gets paid a sweet amount every time their work is played. You can put social media to good use and get the attention some music directors, these are the people responsible for the music of any given project, be it a video game or some reality show on MTV. Another way to get your foot in this door is to work with companies that specialize in licensing. Submitting your music to licensing companies can be very worthwhile thing. They index and showcase your music in a library that seekers of original music can access. When someone decides to use your music, the licensing company keeps a percentage of the money.
Here’s a list of some companies that can help get your music placed in games, television, movies, commercials, and so on.
How much money can potentially be made from licensing your music? Just watch this.. and keep in mind this guy just has ONE television placement.