Money and your musical talent

Monetizing your musical talent includes the strategies you employ to make money from your musical talent and there are several ways you can achieve that.

Below are ways you can make money from your musical talent 1. Lesson and tutorials You can actually make money from your musical talent by teaching others who want to learn what you do. Get an organized tutorial platform, tag price which could be monthly, weekly or even hourly pay depending the environment and your preference. Don't forget that teaching involves enough skills, knowledge and confidence.

2. Blog about your hobby Another way you can make money with your hobby is through blogging. All you need to so is to acquire blogging skills, get your blog site and you are good to go. You will make money through advertising companies or platform like the popular Google adsense and so on. 3. Affiliate marketing Affiliate marketing involves selling other people's product and receiving a percentage when the transaction is done successfully. You can sell products related to your musical talent area even through your blog site with your customized affiliate link. You can run affiliate in Jumia, Amazon, konga and so on.

4. Social media You can also make money through Instagram, YouTube, TikTok and so on. All you need is to get a Video camera or your phone camera at a start with a tripod stand and start shooting cool videos and uploading them. You get paid as a creator and through adverts on your YouTube channel depending on the number of active subscribers and traffic you generate. 5. Sell photos of your music Selling of photos have been existing for years and people make money from selling their photos You can sell the photos of music vibes online to specialty websites and make some money. There are numerous stock photo sites where you can sell your work, including Shutterstock, iStock and so on.

6. Live performances/shows One of the major way musicians make money is through live performances , you get paid to display your music talents. If you are an upcoming or none popular artist then you can join band crews around and get paid after each show depending on the agreement which you must make sure that you reach an agreement with the management to avoid issues.

7 Digital music stores

Streaming platforms are a popular way to consume music, but don’t miss out on selling your music online through digital retailers. Releasing your music in as many places as possible means that it will reach a wider percentage of listeners. Many music fans will choose to buy new music from a store they use regularly and trust, where they already have a credit card on file, and they know the platform is compatible to sync with their music library.

To sell your music in digital stores, you’ll want to use a distributor like CD Baby. They’ll send your music across 150+ download and streaming sites worldwide. This includes familiar retailers like Google Play and Amazon, so that people will be able to locate and buy your music in their preferred way.

3. Bandcamp

Bandcamp is a free service where you can sell your music directly to your fans, as well as collect the data and email addresses. They do take a cut of sales (15%), but there’s also an emphasis on music discovery. Bandcamp actively recommends music to fans through their blog, app, and the Bandcamp Weekly podcast. Plus, many music fans are familiar with the platform, and gravitate there to find new music to purchase.

4. SoundCloud

SoundCloud has a large community of users and curators on the platform, so including your music here can be a good way for your music to gain some visibility through discovery. Although not a sales platform, Pro users can edit or add a ‘Buy’ link into track metadata to let fans purchase the track from another site.

5. Streaming platforms

Many music fans will listen to music on services like Spotify and Apple Music. While the amount an artist might make from streaming is small, these platforms can be helpful when it comes to music discovery.

Getting your song on a Spotify playlist, for example, can help you to draw in new listeners, connect with them, and hopefully continue the relationship beyond that first discovery. The goal is to create true fans that will want to keep up with your music. Once you’ve captured their details, you can sell music to these fans in the future. These are proven ways you can actually make money from your hobby.