Category Archives: Business

Benefits of Working with a Professional Music Business Coach
9
May

professional music business coach, corporate coach

Music Business Coaching is becoming increasingly popular as more musicians seek to expand their knowledge of the music industry. A music business coach is someone who provides guidance and support to musicians on how to succeed in the music industry. They are also known as a corporate coach or executive coach in the corporate world. The best corporate coach can help with career advice, marketing strategies, networking, and much more. Music business coaches are experienced professionals who have worked in the music industry for many years, so they know firsthand what it takes to succeed. Let’s explore the benefits of working with a professional music business coach.

Understanding the Music Business Landscape

Developing a Strategic Roadmap

The music industry is multifaceted, encompassing various sectors such as recording, publishing, marketing, and live performances. A professional music business coach understands these intricacies and can guide aspiring musicians in developing a strategic roadmap tailored to their goals. They help artists identify their unique strengths and areas for improvement, enabling them to make informed decisions about their career paths.

Industry Insight and Networking Opportunities

One of the most valuable benefits of working with a music business coach is gaining access to their industry insights and extensive network. These professionals have often spent years building connections with key players in the music industry, including record label executives, talent agents, producers, and promoters. By leveraging these connections, music business coaches can open doors for their clients, providing them with opportunities to showcase their talent, collaborate with established artists, and secure important industry contacts.

Developing Artistic Growth and Professional Skills

Enhancing Musical Skills and Performance

While musical talent forms the foundation of a successful music career, honing one’s craft is a continuous process. A professional music business coach can offer valuable guidance on improving musical skills, such as composition, arrangement, and vocal techniques. By providing constructive feedback, they help musicians refine their performances and reach new levels of artistic excellence.

Developing Entrepreneurial Skills

Beyond artistic talent, musicians need entrepreneurial skills to thrive in the music industry. A music business coach can assist artists in developing essential business skills, including marketing, branding, and financial management. They help musicians understand the importance of building a strong personal brand, creating effective promotional strategies, and managing their finances to sustain a profitable music career.

Personal and Professional Development

Music business coaches not only focus on the musical and business aspects but also place emphasis on personal and professional development. They assist artists in setting realistic goals, building confidence, and overcoming challenges. Through tailored coaching sessions, musicians can enhance their interpersonal skills, stage presence, and overall performance abilities, enabling them to connect deeply with their audience and leave a lasting impression.

Navigating the Music Industry Landscape

Strategic Career Planning

A professional music business coach helps musicians develop long-term strategic plans for their careers. They analyze market trends, identify emerging opportunities, and guide artists in making informed decisions about record deals, publishing contracts, and live performances. With their expertise, musicians can navigate the ever-evolving music industry landscape and seize promising opportunities while avoiding potential pitfalls.

Effective Marketing and Promotion

In this digital age, effective marketing and promotion are crucial for musicians to gain visibility and reach their target audience. A music business coach can provide valuable insights on building an online presence, utilizing social media platforms, and creating engaging content. They assist artists in crafting compelling press releases, organizing successful album launches, and implementing innovative marketing strategies, thereby increasing their chances of success in an increasingly competitive industry.

READ ALSO: The Role of Music in Heavy Equipment Hauling and Transportation Operations

Conclusion

Working with a professional music business coach can be a game-changer for aspiring musicians and established artists alike. From developing a strategic roadmap to navigating the complexities of the music business, a music business coach acts as a mentor and advisor, helping artists make informed decisions and seize opportunities for growth. They offer industry insights, networking connections, and a wealth of knowledge that can be instrumental in advancing a musician’s career.

Here’s How to Grow Your Spotify Channel
9
Aug

You’ve put together a fantastic playlist and are quite enthusiastic about it. However, you do want other music fans to hear it, right?

Fortunately, there are numerous strategies for increasing Spotify playlist subscribers naturally. Here is how:

1. Create a campaign plan and keep promoting it.

Pushing your songs online as often as you can while constantly drawing inspiration from what’s trending on social media is the ideal method to gain new followers and listeners. Plan out in advance how you’ll promote and pitch your playlist, and use a variety of approaches to gain new fans.

2. Spread the word to your private network.

Try to make your Spotify playlist popular by following the same strategies that people on social media use to gain more followers on Facebook, Instagram, and Twitter.

Using straightforward sales promotion like paid ads to connect with your social media network is an easy method to do this. Additionally, you could personally promote your playlist.

3. Exchange of Spotify playlists

Be a part of the Spotify Community! Log in with your Spotify account and password, then publish your playlist to the Spotify Playlist Exchange with a brief statement explaining why you made it, if you plan to keep it updated, and whether you’re going to do so. In case users utilize the album exchange to seek for certain songs, be sure to tag similar genres.

4. Speak to the musicians on your playlist

Reach out and urge them to share with their audience. Bands and musicians always want their music to be played on the radio. Twitter is the greatest approach to contact someone if you don’t know them directly or don’t want to communicate with them through their administration. Include a playlist and a link in case they retweet!

5. Make advantage of influencers and bloggers

Make contact with well-known music blogs and arrange a joint project or playlist takeover. Encourage fans to share by having the blogger post about it on their social media platforms.

6. Continue to make new playlists

Why stop with that? Publish more playlists! Take into account the genre, the mood, popular performers, and most significantly, your personal preferences. Create music that you are currently enthused about and happy to promote.

 

Independent Music Artists Have Ushered in Significant Changes in the Music Recording Industry
12
Jan

Advancements in technology, particularly in the music recording aspect, enabled artists to produce their own records. Digital technology has practically liberated many musicians from the need to enter into stifling contracts with established record label companies, by having their own recording business and using their proprietary labels.

The CEO of the Association of Independent Music (AIM), Paul Pacifico, commented that technology has reduced many of the barriers in the music industry, resulting to lowerings of production equipment costs and costs of support services, as well as improved the efficiency of supply chain resources. Mr. Pacifico says

Today, artists are pretty much music entrepreneurs in their own right, building and running owner-operated companies.

Not a few artists though, who nurture hopes of becoming independent music entrepreneurs, have the capital funding to use in seeding their own music business. Yet a company called Amuse has recognized this need, as well as the changes that have been taking place in the music industry.

According to the latest report by MIDiA Research, a company fielded by Amuse to evaluate how independent music producers are faring, there are now more musicians who succeed in penetrating the music business without the help of established labels. The report further stated that on a global scale, independent music artists are in fact, the fastest-growing sector of the music recording business. The MIDiA study found out that independent musician entrepreneurs were able to generate over $643 million in 2018, which represents a 35% increase from the figures noted in 2017. .

About Amuse Record Label and Distribution Service Company

Founded by a group of experts in music and technology as Amuseio AB in Stockholm, Sweden, this record label company, provides music entrepreneurs a free platform with which to distribute their work. At the same time, Amuse permits artists who use their free service, to retain 100% of whatever royalties they make at their own rate.

Amuse CEO Diego Farias, co-founded the company in 2015 with Christian Wilsson – Director of Product and Technology Jimmy Brodd – Director of Technology, Andreas Ahlenius – Chief Product Officer and Guy Parry – Head of Products. In 2017, Black-Eyed Peas member and 7-time Grammy Award winner, will i.am, joined the Amuse board as a co-founding member; rendering his expertise as creative innovator and entrepreneur.

The reason why Amuse is providing a free platform, is that the approach enables the company to discover new talents whom they believe will help them generate better record label. Using data collected by its free distribution platform, the company is able to identify artists to whom they can offer a licensing deal that covers branding, public relations, marketing strategic planning and financing. In any project undertaken under a short-term licensing deal, Amuse shoulders all upfront costs then later splits the profit 50-50 with the artist.

CEO Farias remarked that younger musicians are less knowledgeable when it comes to the concept of management, as most of them are into music production out of passion for music; and not so much on the commercial success. That is why they see short-term contracts as a better way of empowering new artists in having control of their work.

Still, the MIDiA report found that 59% of independent music artists they surveyed, indicated experiencing frequent worries over their financial position. Forty-eight percent of label artists made the same admission.

Perhaps, one thing the new breed of independent artists is overlooking is the need to have a business plan, which is essential for any kind of entrepreneurial venture. Since most of their time and effort are devoted to their passion for music, it would be wise for independent music entrepreneurs to hire a professional business plan writer

Blockchain Music Platforms
21
Jun

There are three general types of remote bitcoin cloud mining – hosted mining, virtual hosted mining and leased hashing power. Regardless of the type of cloud mining one does, it is evident that crypto mining has risen in popularity since one could profit from it. Moreover, cryptocurrency such as bitcoins is gradually becoming a legal tender for many industries because of the pluses of the blockchain technology.

Blockchain and Music Platforms

Music platforms that are decentralized grant more power and control to a person. A music environment that is without intermediaries allows music artists to instantly get remunerated for their music streams and sales of their merchandise. Moreover, artists are able to share a financially favorable relationship with their supporters and fans, directly link up with other members and contributors in the music industry, as well as simplify the management of digital-rights.

https://www.youtube.com/watch?v=5W-qIvqcjFQ

Majority of decentralized or blockchain music platforms possess a common feature called micropayments wherein it allows for immediate payment to creators. Each music platform may utilize a particular cryptocurrency or crypto token that is paid and distributed amongst rights holders after their music is streamed or when they have sold a product or merchandise. This procedure is carried out by smart contracts.

How do music artists benefit from it?

  • Because intermediaries are little to none, artists are able to plot a course of their career on their own. While working on the blockchain, artists could elect to go for a career in music without record labels, lawyers, banks, and more.
  • With the technology on blockchain being immutable, music artists gain in keeping records. Every transaction and data are authenticated and confirmed by a manifold of sources within and throughout the network, time stamped, as well as secured utilizing cryptography.
  • Artists get their revenue or income in instantaneously and in real-time since transactions from consumer or user to artist transpire with no middlemen involved.

https://www.youtube.com/watch?v=vpZEhJjQIbY

How do listeners benefit from it?

  • On traditional music platforms, listeners experience interfering ads, paid subscriptions to access streaming services, and listeners don’t support their favored music artists directly because of intermediaries.
  • The blockchain technology in music platforms allows for free music listening experience. A number of platforms would even pay listeners compensation for sharing tunes, music or songs from their platform.
  • Listeners are not disrupted by advertisements. Therefore listeners could changeover from one song or tune to another minus the advertisements hat ticks off the mood.
  • On numerous platforms, in return for crowdfunding the music artists, listeners could get shares from the artist’s future revenue.

Improve Music Sales with These Sales Tracking Systems
23
Mar

Keeping a track of leads, prospects and earnings is normally an extremely daunting process of sales professionals, especially in the music industry. To help the sales professionals, sales monitoring softwares have already been introduced. This program program are a few applications which lets you track your earnings.

What’s a sales tracking software application? As the name implies, it is applications to exhibit a procedure or outcomes. On this instance, what is being tracked is revenue. It’s then a program which tracks down info and whatever else that has to do with earnings or sales.

These sales tracking softwares can do the following:

  • Can upgrade and find customer contact info
  • Track to potential and forthcoming chances
  • Get entrance to reference materials pertaining to services and products
  • Keep subsequent aggressive advice

The huge assortment of applications program makes it hard for somebody to pick. To make your problem simple, we now have cited a few prevalent software here:

  1. Salesforce is CRM Revenue and may also be among the vital popular applications accessible within the marketplace. It is possible to monitor the chance associated data, conclusion manufacturers, buyer communications, etc., together with the aid of Salesforce CRM Sales.
  2. Regkeeper – Additionally, it is effective in collecting and analyzing the information of their revenue. It’s simple to create charts and total stories with the support of all RegKeeper’s reporting choices. It is a powerful and inexpensive sales software.
  3. Commence is a sales tracking software which your business needs for better sales management. You’ ll be able to identify, track, and analyze every single step of the sales process in order to achieve ideal results.
  4. Imonggo POS – It ensures a very simple interface but has been an extremely robust and productive sales management instrument. You can not solely observe earnings, but also the circulation of money, functionality etc. with the assistance of Imonggo POS. It’s relatively additional environment friendly and affordable.

These Sales Software program won’t be only tremendously common however will also be low priced great premium quality solutions. Being among the highly recommended applications, they are readily available on the marketplace.

Opt for the software based on your need. It is possible to look for customer ratings on internet and official sites of their revenue tracking software application businesses.