How To Market Your Music More Effectively
Knowing how to market your music is without a doubt THE most important thing you can do for your music business and your music career as a whole. You know it's something that must be handled and if you're not making efforts to learn how to market your music more effectively then you should know that, at the very least, nothing serious will ever happen in your music business career.
The first thing to ask yourself is whether or not you're currently managing the most basic elements of an effective music marketing campaign.
What do I mean by this?
To begin it's important to assess where you're at right now and determine whether or not you know and understand exactly what the basic components of an effective music marketing campaign are? Let's face it, if you plan on making a name for yourself in the music industry it's important to realize you'll be investing a lot of your personal time and money into your music career. If you're certain your absolute goal is to mold your music talents into a true "music business" and you have no doubts about the career path you've chosen... then you'll want to be as efficient and productive as you can possibly be.
Most indie bands and musicians whether from the Rock, Hip Hop, Folk or any genre for that matter, tend to work on only one or two of the three essential requirements of effective music marketing. For instance most musicians are great at connecting with audiences. What with Facebook, Instagram, Twitter and YouTube in the mix, communications have become stupid simple for today's musician.
On the other hand, asking for the sale is occasionally handled effectively but tends to be approached hap-hazardly and without a formula or the necessary accompanying awareness campaigns. This lack-luster approach tends to dampen the efforts of even the hardest working bands and musicians in the industry. Unfortunately, applying only one or even two of these key components without the essential third element in a music marketing campaign won't bring in maximum returns for the time invested. This just isn't how to market music effectively.
Don't get me wrong, getting your name out there and partaking in conversations with fans can be cool, even self gratifying and it's definitely better than not doing anything at all, but imagine how much more effective you'd be if you went to work on all of these essential marketing aspects of your music business armed with a formula and a pin-point focused purpose.
The Solution To Ineffective chrisbitten Music Marketing
The bottom line is that when you break down the ins and outs on how to market your music effectively, it becomes apparent that as a musician, it's important to discipline yourself to focus on the elements that are most productive for your music business growth. Broken down in an easy to follow process these elements of music marketing and music promotion essentially consist of a 3 step formula:
Step #1 - Create Awareness: Find an audience who appreciates your music style, your sound and your identity. Take the steps necessary to communicate your musical message to them. Everything you do should create an awareness for you and your music at all times. Approach this with precision and a firm direction and your music business foundation will be solidified for years to come.
Step #2 - Connect with Your Audience: I mentioned earlier how stupid simple it is to connect with fans today. Instagram, Facebook, Twitter, YouTube and the many other online "hangouts" make this process a breeze. Once you've laid the initial groundwork and you've made your audience aware of exactly what you have to offer, work on maintaining those important on-going relationships with your fans, the media and the all important music business contacts you collect along the way. Your fans and contacts want to know that you're for real. That you care about them. That you're here for the long-haul. Making connections with them and keeping them involved in your growth process will ensure this happens for you.
Friday, September 4, 2020
How To Market Music: An Effective No-Fail 3 Step Music Marketing Formula That Works
Wednesday, September 2, 2020
Introduction: The Highest Art Auction in History
Recently a Christie's art sale became the highest auction in history. The sale included works by Jackson Pollock, Roy Lichtenstein and Jean-Michel Basquiat, among others and in total generated $495 million. The sale established 16 new world auction records, with nine works selling for more than $10m (£6.6m) and 23 for more than $5m (£3.2m). Christie's said the record breaking sales reflected "a new era in the art market".
The top lot of Wednesday's sale was Pollock's drip painting Number 19, 1948, which fetched $58.4m (£38.3m) - nearly twice its pre-sale estimate.
Lichtenstein's Woman with Flowered Hat sold for $56.1 million, while another Basquiat work, Dustheads (top of article), went for $48.8 million.
All three works set the highest prices ever fetched for the artists at auction. Christie's described the $495,021,500 total - which included commissions - as "staggering". Only four of the 70 lots on offer went unsold.
In addition, a 1968 oil painting by Gerhard Richter has set a new record for the highest auction price achieved by a living artist. Richter's photo-painting Domplatz, Mailand (Cathedral Square, Milan) sold for $37.1 million (£24.4 million). Sotheby's described Domplatz, Mailand, which depicts a cityscape painted in a style that suggests a blurred photograph, as a "masterpiece of 20th Century art" and the "epitome" of the artist's 1960s photo-painting canon. Don Bryant, founder of Napa Valley's Bryant Family Vineyard and the painting's new owner, said the work "just knocks me over".
Brett Gorvy, head of post-war and contemporary art, said "The remarkable bidding and record prices set reflect a new era in the art market," he said. Steven Murphy, CEO of Christie's International, said new collectors were helping drive the boom.
Myths of the Music-Fine Art Price Differential
So why doesn't music attract these kinds of prices? Is it even possible for a piece of recorded music, not music memorabilia or a music artifact (such as a rare record, LP, bootleg, T-shirt, album artwork, etc.), to be worth $1 million or more? Are all musicians and music composers doomed to struggle in the music industry and claw their way up into a career in music? If one painting can be valued at $1 million, why can't a song or piece of music also be valued similarly? Apparently, the $.99 per download price is the highest price a song is able to command at market value, no matter what its quality or content, and the musician or composer must accept this value as such.
The financial equation looks something like this:
1 painting = $37 million
1 song = $.99
Sometimes people say that a song can change the world, but no one ever says that about paintings. So theoretically, if people want change $.99 is the price we must pay for it.
Now here are a few statements that should help us clarify what the monetary or value discrepancy between painting and music is based upon.
(1) There are fewer painters than there are musicians.
(2) Musicians are less talented than painters?
(3) It is easier to create music than it is to paint.