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How to make it in the music industry.

Posted By Musician Coaching on September 21st, 2009

Other than How do I get a record deal? or How can I License my music? the question that comes up the most is How do I make it in the music industry?”
“Making it” to me just means making a living playing, writing and recording music.

Top 5 Behaviors that will help you make it in [...]

 

Posts Tagged ‘Online music marketing’

Music Marketing and Promotion

Posted By Musician Coaching on December 1st, 2009

I thought it would be interesting to highlight the accomplishments of some of the folks who are out there hustling.  As you all know there are so many musicians out there.  How does one distinguish oneself from the masses of aspiring artists out there especially without having a great deal of disposable income?  Below are three examples from regular (albeit talented) musicians I think are doing things a bit differently and I believe it will pay off.

1) Victor Rice.

Victor Rice was the bass player for the Scofflaws and the NYC Ska Jazz Ensemble.  I was fortunate enough to study bass with victor many years ago.  Victor moved to Brazil several years ago and he has since honed his producing and mixing skills in the last few years.  I don’t know this because I have seen Victor or kept up with him (I’ve been a lousy friend) but he has been doing some video of him doing live Dub Mixes under the name Strikkly Vikkly.  In the digital age people take the skill involved in making and mixing records for granted.  I say if you’ve got the skill – show people…  Is Victor good at mixing?  See for yourself:

2) This is a ShakeDown

I saw this band at the Dewey Beach Music festival and they were quite good live.  What made a lasting impression on me though was when I came across the video below and heard how it was made.  I caught up with Brandon, the lead singer of the Cleveland based group and he explained to me that the band actually borrowed 21 MacBooks and used the program photobooth (pre-installed mac software) and captured five or six takes of the band performing their song “Circles”.  The video was shot in their rehearsal space and the editing was done by someone at their label (an independent called Reversed Image Unlimited.  Total cost to the band – 0$.  Check it out:

3) Good Night, States

Pittsburgh, PA based Good Night, States emailed me kind of out of the blue.  I try to listen to everything people send me and usually that means 1-2 songs.  An hour after having their music playing in the background I realized that I was really enjoying what I was hearing which sadly rarely happens these days.  I had the pleasure of seeing them live at CMJ and really enjoyed the show as well.  I have yet to see this device live in action but apparently the band developed and Iphone application that allows fans to plug in their Iphone to the sound system and play along with the band live.  Pretty trippy.

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More posts coming soon. Thanks as always for reading.

-R-

A word with Reverbnation

Posted By Musician Coaching on November 9th, 2009

Lou Plaia is the Co-Founder and Vice President of Industry Relations for ReverbNation. I know Lou from my days at Lava / Atlantic where Lou was the head of Marketing prior to starting ReverbNation.

Reverbnation music marketing and promotion for musicians

Musician Coaching:
Why and how did you start ReverbNation?

LP:

We pretty much started ReverbNation based on all the stuff we were seeing that was going on out in the music space about three and a half years ago. MySpace was growing like crazy and not allowing artists to take full control of a lot of things; artists were not able to extract a lot of things or see who their fans were. So we wanted to create a non-fan destination site, a marketing software platform to give artists marketing tools to get their music out there, syndicate their content everywhere and try to funnel in fans to the fan management system we also provide. We have 485,000 artists and are growing at about 20,000 per month. We also have 15,000-20,000 managers, labels and “other industry professionals” – anything from publicists to third-party marketing companies.

Musician Coaching:
What are the most popular widgets that you have right now?

LP:
One of the most popular is Tune Widget. It’s basically like a “Website in a box.” It puts everything on your ReverbNation profile in one nice widget so people can see information about you, your shows, your store, they can join your mailing list and share it with their friends. It’s got your music, your videos, your press, pretty much everything on a profile all in a widget form. And you can post that anywhere on the social networking sites. It’s just html that you can post anywhere. Our Show Widget is probably our second most popular, and that’s another widget you can put anywhere. We try to be the home base of everything for an artist. So artists can upload all their shows into their ReverbNation profile or enter them one-by-one and take the widget and copy and paste the code anywhere on their own Websites. Anytime a show is added to their ReverbNation profile or edited it automatically gets added everywhere else that widget lives. So it saves you a lot of time and effort. You put your shows up once on our site and it posts everywhere else. We also have feeds from Live Nation, Jam Base and Eventful. So if your shows are already posted on any of those sites they automatically come up into Reverb and vice versa. So if you’re on ReverbNation, those sites automatically post out to those other venues as well.

Musician Coaching:
What is the community like on ReverbNation? How has it developed, and are there success stories?

LP:
It’s mostly used for tools. We have 480,000 artists, but I think maybe people log in every couple days or once per week. A lot of times there’s really no need, once you’ve posted your widgets, to constantly go to your Reverb Page unless you want to update songs or videos or send e-mails. We have one of the largest e-mail management systems. It is called Fanreach. We have 110,000 artists using it right now.

Musician Coaching:
Tell me about the newer tools that you have released…

LP:
A lot of artists don’t have their own websites, and we kind of believe you shouldn’t just have a MySpace page, but a lot of artists use MySpace as their official page. So we said, “Let’s see if they want to create their own website.” And we give them a tool called Sitebuilder to do that. We partnered with a company called Bandzoogle, and when artists sign up to their ReverbNation page for free, the first thing we say is, “Do you want your own website” and “Do you want your own domain name?” There is a service charge for that, because it’s one of the premium services. It’s $18 per month. We give you a Web site, templates and host it for you. We launched Sitebuilder a couple months ago. We also have the number one artist application on Facebook called MyBand. We have a million active users as of last week.

Musician Coaching:
You also do digital distribution for artists. How does that work?

LP:
It’s $35 per year per release – and a release can be an album or one song, and most people put up an album, but if you’re also putting up one song it’s also $35. We take no commission, and basically your music is up on iTunes, Amazon, Napster, Rhapsody an E-Music.

Musician Coaching:
What’s the turnaround time on that?

LP:
It’s really up to the retailer, but it’s currently six to eight weeks.

Musician Coaching:
I heard some rumblings about artist insurance. What’s that about?

LP:
That’s something new. We haven’t even announced it publicly yet. We did a study and found out that 50% of the artists in the U.S. don’t have any type of health insurance. So we partnered with E-Health insurance. You go to the ReverbNation site and you can get a free quote on family coverage, individual, small business, short term, student coverage, all sorts of things. You just plug in your zip code and you get a free quote. It’s live right now.

Musician Coaching:
Where do you see this site heading?

LP:
We just launched direct-to-fan commerce –selling directly to your fans. It’s in beta right now to a couple thousand artists.

Musician Coaching:
Cutting out the middle man is better for the artist in terms of splits. What’s the challenge in doing that? Do you think that will be the future or that people will still have to have some sort of shopping experience?

LP:
I don’t think it’s the end all, and I think people will still go to iTunes and Amazon because they’re credit card’s there, they’re comfortable there. But in some cases people want to buy directly from the artist. Doing it this way, our direct-to-fan commerce engine is integrated into all the marketing tools and artist gets. So if they’re sending out an e-mail to their fans about anything, they will have their own store with images of their t-shirts, their CD, etc. There’s a widget for that too. The main function of it is as an on-demand system. So it’s really good for the smaller artist, because if they don’t have money to invest in a thousand or two thousand CD’s or a couple hundred t-shirts, they upload their image for their t-shirt and CD or digital goods. Basically, if somebody buys something, we make it for them immediately and ship it out for the artist. There’s no investment for the artist at all. You can basically start selling t-shirts at no cost at all. It’s a little different from a lot of people. If you want to buy bulk, you can do that, and we’ll just warehouse it and fulfill it for you. We’re doing pretty much everything right now.

Musician Coaching:
Do you have any success stories?

LP:
We’re such an analytical bunch of geeks. There is a band called the Clintons from Montana. Recently, they took the data they got from their ReverbNation stats component and took it to a brand – Jim Beam – and said to them, “Listen, we want sponsorship for a tour.” And Jim Beam probably said, “Yeah, so does everybody.” And the band said, “Yes, but look what we have.” And they showed them all the fans they have, where they’re located, their age, their sex, and it was totally aligned with what Jim Beam was looking for. These are real fans on a mailing list. These aren’t friends and things like that. These are real fans you can engage with. That’s all the brand wanted – to engage with fans. They did it all on their own with their own press release. They had our data and called us and thanked us.

Musician Coaching:
Do you have any general advice for artists?

LP:
Have your own website. I know a lot of bands don’t, and a lot of bands can’t afford it. But if you’re using a social network as your own website you have no control over it. They can tell you what store to use, what you can be doing. And they’re not giving you all the data you need to understand your fans. None of them allow you to really e-mail your fans. And I think e-mail is still really important. Everything leads to an e-mail. People still go to their inboxes, even with Twitter and everything else. Use the technology that companies like us offer and use it to understand your fans, because it makes it easier to market to your fans if you understand them.

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If you aren’t already familiar with the site, check out Reverbnation.

What is next for Myspace Music?

Posted By Musician Coaching on November 3rd, 2009

Frank Hajdu, VP Business Development, Myspace Music

I recently sat down with Frank Hajdu, an old colleague of mine from the Elektra Records A&R team and now the VP of Business Development for MySpace Music.  As a founding member of the MySpace Music team, Frank offered an inside look at the past, present, and future of MySpace’s core content platform.

MySpace Music

Frank Hajdu headshot

Musician Coaching:

Give me the quick elevator pitch on what Myspace Music is all about and how it came to be.

FH:

From its inception, MySpace was always a promotional haven for artists of all types – musicians, filmmakers, comedians, fashionistas – you name it.  Over time, music became more of a focal point within MySpace, as it started to gain quite a bit of traction with unsigned, indie, and major label artists.  Before long, it became an integral part of the marketing plan for virtually any artist, big or small.  But despite its efficacy as a promotional platform, artists began to clamor for a means of monetizing their MySpace content in the face of a recorded music industry in rapid decline.  Wanting to better serve its artist community, there was a major push from within MySpace to figure out how to do just that – we had the traffic, but now it was a matter of converting those eyeballs into monetization opportunities and allowing artists, to the greatest extent possible, to run their respective businesses via their MySpace profiles.

We became laser-focused on how to achieve that end goal, and the MySpace Music business and product architecture began to take shape.  Artists were already uploading promotional content and users were becoming accustomed to a great breadth of streamable audio and video, and we wanted to create an ad-supported environment where artists could actually make money from this streaming activity.  In addition, we wanted to create appropriate up-sell opportunities for artists’ digital and physical goods, including digital downloads, albums, and ringtones, as well as artist’s high-margin items such as tickets and merchandise.  We ultimately envisioned a music marketplace within our environment allowing users to not just consume, but also purchase and take portable virtually all of the content that they were finding on the site.  We certainly recognized – and still recognize – the magnitude and complexity of creating a scalable one-stop shop.  I’m proud to say we’ve made great strides in this regard, but certainly acknowledge that there’s still a ways to go.

The official launch of the MySpace Music joint venture took place on September 25, 2008, and it’s been an iterative process ever since.  It was and still is a very, very grand ambition to be able to satiate all artists’ needs as far as creating ancillary revenue streams to all relevant content and physical wares, but we’re doing it steadily.  We’ve licensed and currently monetize several million audio tracks and videos from major, indie, and unsigned artists.  We’re also up-selling digital and physical goods by way of our partnerships with iTunes, Amazon, Ticketmaster, Live Nation, and Hot Topic, to name a few.

Musician Coaching:

I know you’re one of the original founders of MySpace Music, but what is your role there?

FH:

As Vice President of Business Development, I’m responsible for a fairly wide scope of partnerships and internal development.  The structuring of commercial relationships with external partners is core to my job, whether that’s content licensing, technology partnerships, e-commerce partnerships, M&A – the list goes on.  But aside from the transactional, if MySpace Music is contemplating an entirely new line of business, my team handles a great deal of the strategy and analysis that dictates our decision to make a category entrance. Finally, there’s the internal business development piece, where we look to formulate (or reformulate) strategy and operations within.  To be candid, there are very few gold standards and rules of thumb in the business of digital media, so we are constantly monitoring and re-tooling our systems to improve the efficiency and profitability of the operation.

Musician Coaching:

Is it too much of a gross over-simplification of your role to state that you are looking for ways to help the artists make money both from their recorded and external streams by creating things on site and partnerships with existing technologies off site?

FH:

Probably an over-simplification, yes.  But if you’re asking me to articulate  MySpace Music’s pledge to the artist community, monetization is really only one part of it.  At the end of the day, for many established artists and labels, it often comes down to “Where’s my check?” — we get that.  At the same time, what’s really interesting – though obvious in retrospect — is that when you talk to unsigned artists, it’s exposure, not money, which they consistently mention first and foremost.  I’m blown away on a daily basis at just how business-savvy and self-sufficient artists are becoming in their day-to-day business affairs and marketing.  I’m seeing a deepening maturity and patience, especially in unsigned artists, who are far more keen to first build a relevant audience, with the understanding that the money will ultimately be the by-product of that. So when you ask, “Is MySpace Music trying to build an ecosystem for artists to make money?”  Sure, but it’s more than that.  It’s, “How do we help break artists — at any level – such that they’ll prosper both inside and outside of MySpace, period?”

Musician Coaching:

So part of your job is to facilitate the tools that help the growth and monetization of artists’ revenue streams. Are these tools available to the unsigned artist yet?

FH:

The end goal is that every single artist, signed or otherwise, has access to every promotional and monetization tool.  Obviously the promotional tools are available across the board, as are the data retrieval tools such as the freshly-launched Artist Dashboard.  As far as monetization tools go, we’re working in earnest to create scalable platforms to allow all artists to participate across all business lines.  Suffice it to say, it gets very, very complicated, mainly because we rarely handle sales fulfillment in-house and for certain business lines like ticketing and merchandise, the pool of vendors is hugely fragmented.  But artists have always been able to market their wares via affiliate linkage from their profiles, and we’ve recently inked soon-to-be-announced deals with pay-to-play aggregators to help solve for the digital distribution bottleneck.  Artists will be able to sign up with said aggregators and present their digital content available for sale through MySpace media players by way of our e-commerce relationships.

Musician Coaching:

From your vantage point, what can you say the real marketing push on MySpace (for an artist) is like?  How has it changed?

FH:

There are more stories than I can count of artists like Sean Kingston or Asher Roth who wound up meeting their managers, producers, or label reps by reaching out via MySpace.  And while artists still do their fair share of mass communication, they’re consistently using MySpace to reach out to potential colleagues and new fans on a one-to-one basis with much more meaningful and personalized messaging.  The smartest ones realize that the quality of connections, at least in the earlygoing, is more important than the quantity, and so they take the time to identify users with tastes similar to that of their content.  They then reach out directly to explain why said users might be interested in their music.  It’s less of a general, “Hey, check me out!”, and instead more of a, “I noticed you like artists X, Y, and Z, and my music is in a similar vein. If you have a second, have a listen.”  Those are really important friend requests, as the recipient is far more likely to explore the music if there’s a thoughtful basis for the recommendation.

Musician Coaching:

Are there areas in an artist’s life that you think are at the moment underserved and will be better served by what’s coming?

FH:

One of the most recurrent themes in the feedback we get from artists is that it’s difficult having to maintain an online presence in so many different places.  Currently, the average artist maintains profiles on anywhere from 3-10 websites …

Musician Coaching:

I call it being in the phone book. The problem with the internet is that there are about 7,000 phone books.

FH:

Absolutely. For the artist, it’s exhausting.  We feel that the concept of posting once and publishing everywhere is absolutely crucial for the artists of today.  The concept is starting to proliferate, though most implementations I’ve seen are still a bit clunky and have yet to be headquartered in one simple, consolidated place.  We’re going to get there.  In the meantime, my advice to artists is not to get too overwhelmed with maintaining a presence on every site imaginable.  Focus on the 2-3 most significant sites and go deep.  I’d argue that you’re actually better served by having a more meaningful, dynamic, and frequently-updated presence in those places than by spreading yourself too thin.

Musician Coaching:

You’re looking into solutions that would essentially let you be everywhere at once.

FH:

Yes.  One great example is the recent MySpace–Twitter implementation.  Updating your MySpace status immediately posts to Twitter and vice versa.  This is certainly not the first such implementation we’ve seen, but it’s that kind of thinking that will prove incredibly valuable artists.  It could be as simple as updating all your information in one place and completing the checkboxes for your syndication destinations.

Musician Coaching:

Any advice for artists to effectively use MySpace?

FH:

Keep it simple. Artists often have a tendency to take the customizable canvas of MySpace and turn it into something very visually loud.  Sometimes this works, often it doesn’t.  Implementations range from gorgeous and elegant to discombobulated and seizure-inducing.  One of the reasons that platforms like MySpace can work so well for marketing artists is that generally speaking, the profiles follow a template.  One visits a MySpace profile, he knows where the audio lives, where the video lives, the photos, the blogs, and so on – there’s little to no learning curve for the visitor as he peruses each new artist profile.  But when profile hosts attempt to go overboard with custom design, it can obscure the landscape, make the content less accessible, and altogether frustrate the visitor.  Color and character are great – but I’d advise not to alter the skeletal landscape much.  Decorate the house, but don’t reposition the furniture.

Above all else, users want ease and simplicity – they don’t want to relearn a web environment, which is why aggregated artist sites garner so much more traffic than artist-specific sites.  This will sound ridiculously self-serving, but as a matter of pure ROI, I implore artists not to overspend time, money, or resources on their official sites.  We’ve done the research and have seen that an artist’s MySpace profile traffic is typically 5-10x that of their official websites, even in cases where the official sites are cleaner, prettier, or more technologically advanced.  Aggregated sites simply yield far greater bang for the buck, so you tell me where you want to invest your time.

I’d be remiss if I didn’t quickly plug MySpace’s “MyAds” platform.  We’ve been very pleasantly surprised by how much artists have been using this.  While I’m not permitted to quote numbers, an extremely significant percentage of MyAds clients are artists looking to market themselves within MySpace, and they’re seeing incredible returns.  Even for those with meager budgets, artists can effectively target themselves at users throughout MySpace based on hundreds of demographic and psychographic dimensions.  It’s surpassed every expectation we had as far as how much business that’s driving and how much of this business is coming from artists.