How to Maximize Revenue from Streaming Platforms as a Music Artist

Introduction

Not to mention that, the music world has undergone a broader change these past few years. Previously, a Music Artist generated income from CD sales or live performances. However, it has changed a lot. Now, streaming services like Spotify, Apple Music, and YouTube are providing artists with new sources of income. Furthermore, simply uploading music isn’t enough these days. Thus, you can now learn how to maximize your earnings from streaming platforms. By choosing the best music distribution services, you make sure that your music gets in front of more ears and makes you more money.

So, here’s a quick guide on how to earn the most as a Music Artist.

1.    Select the Correct Streaming Platforms for a Music Artist

This is a crowded landscape of streaming services. Some popular ones include:

• Spotify
• Apple Music
• YouTube Music
• Amazon Music
• Tidal

In short, every platform has a different way to pay a Music Artist. Spotify and Apple Music have huge audiences, meaning you can connect with more people. Furthermore, you also can make a lotta money from YouTube Music if you have the Channel monetized. In this way, the money you earn, runs to your bank account while your fans watch your videos. However, if you distribute your video to the utmost level, you maximizing revenue would shoot in the viral category. Thus, you need a powerful video distribution service to attain maximum revenue. In this way, it will help you reach wider audiences and get your music videos to more of the audience.

Apart from that, you can also choose what platform fits the best as per your creativity. As a result, you will be able to create music and earn right easy from it as per following the platform’s requirements.

2.    Distribute Your Music on the right platforms

Apart from that, you cannot simply upload your music to Spotify or Apple Music. Instead, you need a music distributor. Some of the most popular distributors include:

• DistroKid
• TuneCore
• CD Baby
• AWAL
• RiTude

These are services that help you rise as a true music artist on all streaming platforms. Although, some of them require an annual fee. However, others take a small percentage of what you earn. Thus, you need to pick the best for you as a Music Artist.

3.    Optimize your Music Artist profile on top streaming platforms

Though, it’s true that people care so much about their artist profile. Because they wanna know how their artist looks and live his lifestyle. In this way, it lets people connect to get to know you better. So, you need to keep optimizing our profile. Here’s how to improve your profile:

• Use a good profile picture – Have a good-quality image
• Build a profile – Describe your music journey.
• The third one is Link — Link your social accounts.

Lastly, you continuously need to update your music. So, keep dropping songs and video songs as soon as you get the chance.

4.    How to Get Fans to Recognize your Creativity

Always remember, you constantly need more fans to get to listen your art. In this way, you will earn more money from your creativity. Like YouTube, the more people stream your music, the more money you make. Here’s how to boost your streams:

• Have friends and family stream your songs.
• Post your music on social media.
• Make your playlist your songs with that of other similar songs
• Urge fans to add your songs to their playlist

5.    YouTube can increase Income for Music Artist

Undeniably, YouTube is an excellent platform for musicians. So, you could upload music videos, live performances or even lyric videos. As a result, you will earn from your royalties. Here are ways to earn more money on YouTube:

• Turn on monetization so you can make money from ads.
• Post videos regularly.
• Encourage viewers to subscribe and like the video.
• Get More views with YouTube Shorts

6.    Social Media for Music Artists: How to Promote Your Music

Furthermore, you can use the power of social medias. Always remember, a social media platform can help the music artist grow at instant pace. Thus, you may use multiple platforms. Such as, Instagram, TikTok, Twitter, etc. These are platforms that are used to promote music. Here’s how to use them:

• Share clips of your songs.
• Go live and engage with your fans.
• Be friends with influencers who can help you break.
• Leverage Hashtags to Get More Exposure

7.    How to Get on Playlists as a Music Artist

Undoubtedly, playlists are very important. So, in case you end up on a major playlist, thousands of people can still listen to its beats. To do so, you can:

• You can also submit your music through Spotify for Artists to appear on official playlists.
• Secondly, you may also request bloggers or curators to include your song in their playlists.
• Lastly, you can create your playlist and add your songs.

8.    As a Music Artist, Engage with Your Fans

So, we see to it that you need to stream your songs. Make them feel special:

• Reply to their comments.
• Reinforce with them that they are propelled to stream your songs.
• Some might ask what types of music they like.

They will spend time listening to your songs more often.

9.    Sell Merchandise with Your Music as a Music Artist

Not to mention that, merchandising is another potential revenue stream. Due to this, you can sell:

• T-shirts with CDs
• Branded Hoodies
• Posters with brand aligning
• CDs with multipurpose

When you release new music, get your merch out there. Your biggest fans will show their support by purchasing them.

10.Potential With Music Release Regularly

Release more music means you have more opportunities to earn money. Don’t drop a single and ghost them. Continue making music, releasing it every few months. This keeps fans interested and allows you to expand your earnings.

11.Collaborate with others to grow your Music Artist Profile

Collaborating with other artists can lead to more fans. And when you collaborate, their fans will hear your music, too. This enables you to build a wider audience and make more money.

12.Use ads to promote your music artist profile

You have to spend money to make money sometimes. Promoted posts on Instagram/Facebook, or YouTube can help new people discover your music. Begin with a minimal budget, and learn what works better.

13.Crowdfunding your Music Artist Profile on Paid Platforms

Not to mention that, some artists request their fans to directly support them. Patreon and Ko-fi are the websites where fans can spend money. So, you could provide support for exclusive content like videos from the studio or early song drops to followers.

14.Monitor Your Payments and Streams as a Music Artist

Check your decade of streams. You can see how many people listen to your music on platforms like Spotify for Artists and Apple Music for Artists. That way, you can see what works and what doesn’t.

15.Be consistent and keep your patience as a music artist

The reality is that it takes time to make money from streaming. How Much Time You Want to Dedicate to This Exercise It’s going to take time so don’t just give up if things aren’t showing up big early on. It keeps releasing, promoting, and relating with the fans.” Your revenue will grow over time.

Final Thoughts

In short, streaming platforms are more than just putting out music and hoping for the best. So, as a music artist, you need a solid plan to maximize your revenue. Similarly, it also means that you will be settling on the right platforms, engaging with your fans, promoting your music and continuing to hone your approach. In this way, if you stay consistent, you will be making a bank.

So, start today! Be a music artist and earn money through your music by following these steps.