Archive for the ‘Music Business’ Category

Is Direct-To-Fan Working For You?

Sunday, March 14th, 2010

Five months ago, I began working with Audiolife, an exciting company at the forefront of the Direct-To-Fan revolution.

Direct-To-Fan is a popular business model adopted by independent artists.  As the name suggests, artists cut out the middlemen (labels, distributors, retailers etc.) and promote and sell their music directly to their fans.

Radiohead’s release of In Rainbows and Nine Inch Nail’s release of Ghosts I–IV are popular examples of the Direct-To-Fan paradigm.

There are many benefits to Direct-To-Fan.  There are many challenges too.  Audiolife provides both the technology tools and the product fulfillment solutions to make Direct-To-Fan possible and affordable.

There are a handful of other companies with a Direct-To-Fan approach, including Topspin, Bandcamp, and Nimbit.

I want to ask you this:

If you’re doing it, is Direct-To-Fan working for you?

If you’re not doing it, what’s stopping you?

Please add your comments here.

Take Your Time, Listen To Others And Collaborate

Saturday, February 27th, 2010

This is a guest post by Dave Kusek

Again and again, I have heard this sage advice when asking producers, label executives, and publishers about artist development.  Take your time.  The first and most important thing to do is to get the music right: love your music, immerse yourself in it, and live it.

As an artist/writer, your coin of the realm is your songs, and they need to be great, polished, and professional.  The worst thing you can do is go to market too soon.  Without careful preparation, practice, understanding, listening to others, testing your material, developing its quality, and crafting and articulating a unique story to tell, you will probably enter the marketplace too early and will most likely fail.  Start out slowly.  Practice.  A lot.

Another critical component of artist development is live performance.  Any venue will do to get started.  Play the smallest clubs to get used to performing and being in front of an audience.  Everybody gets better over time, and live performance in front of a crowd does many positive things for your career.  When you play live, you develop sets of songs that you play and expand your repertoire.  Don’t be afraid to play other people’s material mixed in with your own.  Covers create a sense of familiarity that you can use to build your audience.  You are also learning by playing the songs of other great artists.

Performing live helps you build your confidence and song quality, lets you interact with an audience, and experience their reactions to your songs.  Also, when you play live, you can test out different material and approaches to your songs.  You can experiment and find out new things about the song, tempo, bridge, chorus, lyric, etc.  You can see which songs are the most popular, what should be the rhythm of your set, where the audience loses its attention, and how best to open and close a show.

Live performance and touring is a major cornerstone to any artist’s career and is one of the best ways to develop an audience.  Over time, your audience will grow with you as you refine your art.  Superstars Bruce Springsteen, Billy Joel, James Taylor, Paul Simon, and countless others all played small clubs for very minimal dollars at first, refining their approach, music, and brands to small audiences that grew over time.  Just look at the size of their audiences now.

Many successful executives have told me that good music finds an audience and is very difficult to keep under wraps.  If you want to have a long career in the music business, take a good look at yourself, who are you, and the package that you bring to the table.  Do you have the songs, do you have the talent, do you have the charisma, and are you really ready to go to market?  Develop, refine, write, practice, play live, listen, and collaborate.

Listen To Others

Great artists and writers take the time to develop, but they also listen to people around them who they can trust to give them feedback and keep them honest about what they are trying to do and how well they are accomplishing it.  This is role of the A&R person, record producer, publisher, and artist manager.  You simply cannot believe your own press and expect to be successful.  You also cannot rely on your mother or family to be objective about what you are doing. You need to get honest opinions from a lot of different people who will tell you the truth.  Listen carefully to them as a sounding board for your career and ask hard questions like the following: Do you like my songs?  How do I look on stage?  What do I need to do to improve?  What advice can you give me?

Your fans are the ultimate source of feedback.  Set up a blog or some other means of creating two-way communication. Encourage people to tell you what they think.  Hand out postcards at your gigs, collect your fans email and cell phone numbers, and ask them what they think of your set, your songs, your performance, etc.  Don’t be afraid of what you might hear, and use the feedback to learn, refine, and further develop your brand and music.

Collaborate

Having a band is a great way to collaborate, and hopefully you will find other musicians to play and write with at various points in your career.  Another hallmark of great artists and writers is that they work with different musicians to write songs, perform together, cover each other’s songs, and most importantly learn from one another. Collaboration and the exchange of ideas are the life-blood of creative artistry.

Collaboration does not mean that you are joined at the hip with another artist forever.  You can move in and out of collaborative partnerships when you need something new to spark the creative juices or just get you going in another direction.  Working with other talented musicians can be a challenge.  Quincy Jones has great advice for when you walk into the studio to work with other artists.  He says, “Check your ego at the door.”  Find people you can work with, who you enjoy being around, and who make you feel good.

There are many examples of great songwriting collaborations, including Holland, Holland & Dozier, Lennon and McCartney, and Elton John and Bernie Taupin.  The list is long.  Don’t be afraid to cowrite with other people or to record other songwriter’s material.  This can help you reach a broader audience, develop your talents in new directions, and potentially open up your brand by association with other great artists.

One of the most successful songwriters of the last 30 years is Don Henley of the Eagles.  He talks about identifying your strengths and weaknesses through collaboration with great writers like Jackson Brown and Glen Frey, and being willing to put someone else’s songs on your record if they are better than your own.  Seems to have worked for him.

Many of the most successful songs of all time have come out of collaborative partnerships that were organized on a formal level at some of the songwriting factories of the past, including the Brill Building, Motown, and Philadelphia International.  Collaboration helps you to stand on the shoulders of others and to peer over a horizon that you might not be able to see on your own.

About The Author
Dave Kusek is the Founder and CEO of Music Power Network and Vice President at Berklee College of Music.  He is also the co-author of the best selling music business book, The Future of Music: Manifesto for the Digital Music Revolution.

How Gibson Flushed Les Paul Down The Toilet

Tuesday, February 2nd, 2010

Owning a Gibson guitar is like owning a BMW.

It’s a statement.

For BMW, the “German Engineering” stamp is impervious to Lexus.

For Gibson, “Made In The USA” is just as sacred.

It takes decades to establish the reputation that Gibson has achieved.

Yet only minutes to flush it down the toilet.

Gibson, like many heritage brands, engaged itself with a young spunky marketing consultant that dazzled its management team with social media catchwords like “viral”, “buzz” and “tweet”.

How the conversation went down:

Spunky Consultant:  “You’re doing everything wrong.  Everything!”

Gibson Management:  “We are?  Sales are up.  Overhead is down.  What do you mean?”

Spunky Consultant:  “Sales Shmales.  It’s not about the money, it’s about your brand equity!”

Gibson Management:  “Sales Shmales?”

Spunky Consultant:  “You want to connect with your fans, engage with your customers and create a conversation around you, see?”

Gibson Management:  “Will that increase sales?”

Spunky Consultant:  “Forget sales already.  I’m going to get you buzz.  You do want buzz, don’t you?”

Gibson Management:  “Does buzz increase sales?”

Spunky Consultant:  “Look, do you want followers or not?”

Gibson Management:  “I… guess… that… we… do…”

Spunky Consultant:  “Great!  Make the check out to…”

So what happened the next day?

Gibson launched a new website that displays each of its exquisite instruments in the light that they deserve.  Best of all, on every page of the website, beneath the featured instrument, they included threaded comments (like on YouTube) where visitors can comment on the featured guitar and the community can vote the comment up or down.

This is spunky, dynamic, web 2.0-ish online social media marketing at its finest!

Except for one thing…

The most popular comments, those that received the largest number of votes, make Gibson look like a Buick, not a luxury premium.

One comment in particular, truly struck a chord with me.  Here it is at No. 1 with 452 votes for the Gibson Les Paul Dusk Tiger:

I can see the salesmen at Guitar Center now: Salesman: “Hey man check out the new Gibson Dusk Tiger! It’s got all of these amazing features!” Customer: “It looks kinda stupid.” Salesman: “Yeah but it tunes itself! You can dial in any tone you want on this baby!” Customer: “Can you dial in a less stupid looking finish? My band will laugh at me if I turn up to a gig with that thing” Salesman: “It only comes in the one color, but it’s LIMITED EDITION! There’s only gonna be 1000 of these made!” Customer: “I think it’s a limited edition because there’s a limited market for these things. Even then I doubt that there are enough guys out there wearing the leather pants, wolf t-shirt and eye makeup necessary to look as stupid as this guitar. And those guys usually don’t have $4000 to waste on what is basically a gimmicky Les Paul dressed as a gay tiger, so you’re going to have a hard time selling these, aren’t you?” Salesman: “Like you would not believe” :(

Where do you think Gibson went wrong with its online marketing strategy?

Leave me your thoughts please.

A Bad Accent Can Go A Long Way

Tuesday, January 26th, 2010

After more than 40 years in the business, German rock sensation The Scorpions have announced their retirement.

With timeless classics such as “Wind Of Change” and “Rock You Like A Hurricane”, The Scorpions have been selling out arenas for longer than I’ve been alive.

Tell me this: How did such a shit rock band make it so big and for so long?

With a tenure just shy of The Rolling Stones’ and a decade lead on U2, it’s clearly not a fluke.

What’s their secret sauce and where can I get me some?

6 Best Kept Music Marketing Secrets

Monday, January 4th, 2010

1. Email Is The Holy Grail
Whether you’re tricking out your MySpace page or performing at your local venue, always think about what you can do to collect more email addresses. Believe me, there is nothing of greater importance than your email list.  If you’re not using a professional email marketing service (EMS), you should start now.  Mad Mimi is my favorite but I have also tried iContact (which I hated), MailChimp (which I liked) and Emma (which I loved but it’s a bit pricey).

2. Passive Radio Is Passé
Massive online radio sites get your music in front of targeted music fans.  They are not your average passive radio listeners, they are music fanatics feverishly searching for music just like yours.  Yeah, you have to pay for the privilege, but the exposure you get in return is guaranteed and trackable.  In the music biz, it’s hard to find that kind of bang-for-your-buck value. Jango Airplay is the largest online radio promotion service that I know of.  As a Jango affiliate, I regularly send artists in their direction.  The feedback from these artists has been phenomenal.

3. Get Professional Help
Whether it’s your songwriting or your marketing (or anything else), never underestimate the value of expert advice.  We Are Listening provides professional assessments for songs and lyrics.  It’s what we know and what we’re good at.  But you can find a service, coach or consultant for any project you wish to fast track to success.  The humility required to ask for help and receive critical feedback is the mark of an independent artist and entrepreneur that people want to listen to and associate with.  Personally, I can use all the help I can get!

4. Stand Out
You don’t have to be loud to stand out.  The smallest touches can make a huge impact… and I don’t mean limited edition vinyls or glow-in-the-dark t-shirts.  For example, I recently discovered that you can create your own custom M&Ms.  It’s awesome.  Imagine every M&M with your message and image on it, any colour scheme you like, and branded packaging.  Great munchies at a gig.  Lovely gift for any holiday.

5. Follow The Leaders
I can’t think of a better way to learn about the music industry and make great connections than by following individuals who have been there, done it, succeeded, and willing to share their experiences with you.  For free.  I recently published a post on the subject that should get you started:
14 Music Industry Leaders (You Should Follow)

6. Be An Outstanding Communicator
Most people are not.  But it’s something that can be learned.  Remember Secret #1 (Email Is The Holy Grail)?  Well, that email list you’ve been growing is not worth a dime if you can’t put a compelling message together.  Outstanding communicators stand out, lead and succeed.  Are you an outstanding communicator?

Bonus Tip
If you’re already running your own newsletter campaigns, whatever you do, don’t do this.


3 Music Marketing Success Stories:

$10,000 In 48 Hours (Without A Label)
How To Get 200 New Fans A Week
How To Raise $10,000

10,000 Sonicbids Members To Claim $4 Million

Tuesday, December 29th, 2009

Sonicbids

Two weeks ago, Panos Panay, Founder and CEO at Sonicbids, announced that 10,000 Sonicbids members will receive their part of $4 million of unclaimed digital performance royalties collected and distributed by SoundExchange, the non-profit organization that collects royalties from satellite and internet radio.

Sonicbids members can check if they are on the ‘list’ and how much is owed to them by logging into their Sonicbids account.  If they are on the list, they must then register with SoundExchange to claim payment.

Related Posts:
Sonicbids Indie Showcase
About Sonicbids
TuneCore To Serve MySpace Music

What’s the big idea?

Sunday, December 20th, 2009

Before I joined the management team at MyDrifts, I was in the process of raising money for my ‘big idea’.  I met with all the prominent VCs as well as a couple of angel groups in Israel.

My big idea: The LinkedIn For The Music Industry.

Just imagine a professional network dedicated to music professionals.  An environment where music publicists can solicit their services to record labels, college radio promoters can collaborate with social media marketers, music festivals can advertise their venues to music-centric brands etc.

Not a marketplace for music.  But a marketplace for music resources.  Wow!

It’s a terrible idea. And for more reasons than one.  But mainly because The LinkedIn For The Music Industry is LinkedIn!

I have learned to avoid big ideas and focus on big problems.

If I can help someone with his or her problem, that’s big.

If I can help lots of people with their problems, I’m in business.

Are you solving a problem with your music?

Related Posts
Quit your day job.  Start a label.
Adam’s Attic – a personal touch here at Dfest
Music Contest

TuneCore To Serve MySpace Music

Wednesday, December 16th, 2009

TuneCore Logo

Tomorrow, MySpace Music will open its gates to TuneCore artists, Wired.com reported.  TuneCore’s artists will be able to distribute their music through MySpace and benefit from streaming royalties, though the company has not commented on how much.  Probably very little.

Related Posts
TuneCore – $30 Million in Music Sales in 2009
TuneCore: A New Digital Distribution Model
CreateSpace

Hind Raises $60,000 In 11 Days

Tuesday, December 8th, 2009

Hind

25-year old female singer, Hind, completed her fund raising project on SellaBand, the foremost fan-funds-artist platform.  In just 11 days, Hind, a former Pop Idol from the Netherlands, raised €40,000 ($60,000) to record a new studio album.  Almost 1,000 Believers (fans) from over 50 countries invested an average of $5,500 per day, a new artist fund raising record!

Related Posts
SellaBand – Fan Funded Music 2.0
Kickstarter – where good ideas get funded
How to raise $10,000

M&Ms – Give Your Fans Something To Munch On!

Monday, December 7th, 2009

M&Ms

I just discovered that anyone can create their own custom M&Ms!

Just imagine:  Every bite with your message, artwork, logo or face on it.  How cool is that?

You can also choose from a variety of personalized color schemes and packaging.

It’s so awesome you have to check it out.  Yum!