7 ways to make money as a Music Producer in 2023

There are several ways a music producer can make money, including:

1. Selling beats and instrumentals:

Selling beats and instrumentals online is a popular way for music producers to make money. There are several platforms that allow producers to upload and sell their beats and instrumentals, such as:

Beatstars: A platform that allows producers to upload, sell and license their beats. It also offers a built-in player, fan-gate, and automated contract system.

Airbit: A platform that allows producers to sell their beats and instrumentals, as well as offer production services. It also provides detailed sales statistics and custom branding options.

Traktrain: A platform that focuses on Hip-Hop and Trap beats, it also allows producers to sell their beats and instrumentals, as well as offer production services.

WordPress: A WordPress beat store is a website that allows music producers to sell their beats and instrumentals using the WordPress content management system. WordPress is a popular platform for creating websites and blogs, and it can also be used to create an online beat store.

When selling beats and instrumentals online, it’s important to have high-quality audio files and to provide detailed information about the tracks, such as tempo and key. It’s also helpful to have a strong online presence and to market your beats effectively to potential buyers.

2. Offering production services:

Offering production services is a way for music producers to make money by providing services such as mixing, mastering, and beat-making to other artists and musicians. Here are a few ways to do that:

1. Freelance platforms: Producers can offer their production services on freelance platforms like Upwork, Fiverr and PeoplePerHour, where they can create a profile, set their rates, and bid on job listings.
2. Social media: Producers can market their production services on social media platforms like Instagram and Twitter, and use their pages to showcase their work and attract clients.
3. Personal website: Producers can create a personal website where they can market their services, showcase their portfolio and make it easy for clients to contact them for quotes.
4. Networking: Producers can network with other industry professionals and artists to find potential clients and gigs.
5. Referrals: Producers can also make money by offering referral commissions to other industry professionals who refer clients to them

It’s important to have a strong portfolio of work and to market your services effectively to potential clients. Additionally, it’s essential to have a clear understanding of the music production process, and be well-versed in various software and equipment used in the industry. Also, it’s important to have a clear understanding of the legal and financial aspects of offering production services, such as contracts, invoicing and taxes.

3. Creating and selling sample packs and sound libraries:

Creating and selling sample packs and sound libraries is another way for music producers to make money. Sample packs and sound libraries are collections of audio samples, loops, and one-shots that can be used in music production. They can include anything from drums and percussion, to synths and vocal samples.

There are several platforms that allow producers to upload and sell their sample packs and sound libraries, such as:

Splice: A platform that allows producers to upload and sell their sample packs and sound libraries, as well as offer production services. It also provides detailed sales statistics and a built-in sample browser.

Loopmasters: A platform that specializes in sample packs and sound libraries, it also allows producers to sell their sample packs, as well as offer production services.

Sample Magic: A platform that specializes in sample packs and sound libraries, it also allows producers to sell their sample packs, as well as offer production services.

Producer Loops: A platform that specializes in sample packs and sound libraries, it also allows producers to sell their sample packs, as well as offer production services.

Samplephonics: A platform that specializes in sample packs and sound libraries, it also allows producers to sell their sample packs, as well as offer production services.

When creating sample packs and sound libraries, it’s important to have high-quality audio files and to provide detailed information about the samples, such as tempo and key. It’s also helpful to have a strong online presence and to market your sample packs and sound libraries effectively to potential buyers. Additionally, you need to make sure to have proper legal clearance for all the samples you include, and also to have a proper legal framework for selling and licensing your sample packs.

4. Monetizing YouTube and Soundcloud channels:

Monetizing YouTube and Soundcloud channels is a way for music producers to make money by earning revenue from their content on these platforms. Here are a few ways music producers can monetize their YouTube and Soundcloud channels:

1. Ad revenue: Producers can enable ads on their videos and earn money from views and clicks. To do this, they will need to be a part of YouTube’s Partner Program and meet certain requirements.
2. Sponsorships: Producers can also earn money by partnering with brands and incorporating their products or services into their videos.
3. Merchandise: Producers can sell merchandise such as t-shirts, hats, and stickers through YouTube’s merchandise shelf or through third-party websites.
4. Donations: Producers can also accept donations from their fans through platforms like PayPal, Venmo, and Patreon.
5. Soundcloud Pro Unlimited: Producers can also monetize their Soundcloud channel by becoming a Soundcloud Pro Unlimited member, which allows them to monetize their tracks by enabling ads and sponsorships, and also by selling their tracks directly to fans.

It’s important to have a consistent upload schedule and to engage with your audience to build a strong following. Additionally, it’s essential to have a clear understanding of the terms of service of YouTube and Soundcloud, and to comply with copyright laws, and to have a proper legal framework for monetizing your content. Also, Producers can use these platforms to promote their music, beats and services and drive traffic to their personal website and other platforms where they are selling their music.

5. Licensing music for use in film, TV, video games, and other media:

Producers can license their music for use in film, TV, video games, and other media through libraries such as AudioJungle and ProductionTrax.

6. Distribution and content ID

Beatle Producers can make money with beat distribution and content ID by:

1. Distributing their beats: Producers can distribute their beats to streaming platforms such as Spotify, Apple Music, and Tidal through a distribution service like DistroKid, TuneCore, or CD Baby. They will receive royalties every time their beats are streamed on these platforms.
2. Utilizing content ID: Producers can also monetize their beats by registering them with content ID systems such as YouTube’s Content ID. This allows them to claim royalties for their beats when they are used in user-generated content on the platform.

7. Creating a membership or subscription-based service:

Producers can create a membership or subscription-based service for exclusive content, production tips and tutorials.

Live performances: Producers can also make money by performing live and touring.

It’s worth noting that building a strong online presence and marketing your brand effectively will be key to success in this field.