Showing posts with label Music 4.0: A Survival Guide For Making Music In the Internet Age. Show all posts
Showing posts with label Music 4.0: A Survival Guide For Making Music In the Internet Age. Show all posts

Wednesday, December 10, 2014

What's The Most Important Social Network For An Artist?

Artist social network image
When it comes to social networks, most artist's have the same question - which is the best one? That's a difficult one to answer since our social world is such a moving target as technology and tastes constantly evolve. That said, Jacob Tell of the digital services company Oniracom has some answers in this excerpt from my Music 4.0: A Survival Guide For Making Music In The Internet Age guidebook. Here's what Jacob had to say.

How have things changed since we talked for the last version of this book?
Actually the techniques are somewhat the same but the platforms keep changing. There are new ways for artists to get content out to the world, but that content is now two fold. Where before the content was mainly generated by the band or artist directly in regards to a new single or behind the scenes video or something similar, now we’re seeing more user generated content as the other half of the story. 

Some of our most effective marketing is based around user-generated content where we might grab hashtags from Instagram photos, throw them on a map based on geo-location, and then visualize the fanbase across a geographic region that’s posting content around a certain campaign. A good example of that is something we did for Thirty Seconds To Mars called MarsIsComing.com. You can see hundreds of Instagram, Twitter pics and Vine videos from all over the world on a map. This has become an extension of community and it really helps the artists connect directly with their fans on another level.

What’s more important today - Vine or Instagram?
For a minute there we really thought that Vine was going to be the most amazing new platform. There was something needed in the short form video space and Vine did the trick. I think the format is a winner, and being that they’re owned by Twitter, they have a built-in audience right off the bat. That said, because that there are so many Instagram users, as soon as it released its video feature to catch up to Vine, the Vine user numbers started to drag. Now you have this split of really hard-core users between the two, with another small contingent on Viddy. The Instagram people say, “I’m already on it and since it pastes to my Facebook wall I’m just going to stay there.”

We always tell our artists that we don’t want them to do things that feel like homework, so if they’re already on Instagram, we don’t want them to try to learn something else and have yet another social network to track. I don’t think Vine is going away, but I think the convenience factor of having both photo and video on Instagram is a huge benefit for artists and managers who have too much to manage already.

How important is Google+?
You ask most people and they’ll sort of scoff at Google+, but I’m one of the outliers who really believes in it as a centralized platform. There aren’t as many active users or bands or brands on it yet, but those numbers are definitely increasing, and there’s a lot of content available if you’re following the right sector. I get a lot of new information and news that way personally. There are also a lot of influencers in the music and tech space that I follow on G+, and I find that its mobile and tablet interfaces are very compelling. 

The fact that everyone in the business world is now moving to the Google Apps ecosystem and Google+ directly integrates with that is important. And Google Hangouts have been one of the most vital collaborative tools to our business. We started those with managers and artists as much to collaborate with them on as to show them the technology and how easy it is to use, so you can plant that seed of “You can do this with your fans.”

What’s the most important social network to an artist right now?
Personally I think visual content wins, so I’d say Instagram and YouTube. YouTube is ubiquitous across every device, the content is instantly searchable and available, and within seconds it can tell the story of a brand or an artist.

When it comes to the other networks though, personally I’m a big Twitter guy. I’m not so much into the Facebook and Google+ world on a day to day basis because of the obligation to connect. For an artist with a busy life, Twitter’s great because it’s more of a broadcast technology yet you can still engage with people and stay authentic and true to your brand. There’s a little bit more of a wall there so that offers some protection if that’s needed.

What’s the first thing you do with a new client?
We have a whole process that we call DNA that stands for discover, engage and advance. The first step is discovery, which means that we listen, since it’s all about hearing the client’s story. Marketing is all about story telling so I get the client to tell me theirs. They may not even think they have a story but they always do, even if we might have to coax some of that information out sometimes. 

Once we understand the story, then we dive into goals. How to achieve those goals is really based on audience demographic. Without a fanbase you’re not going to monetize and sustain a business, so you have to proactively listen back to your audience. It’s a game of give and take. We’ve had a lot of success in listening to audiences because we ourselves are indeed fans of art, music and culture, so that really makes it easy because we’re so passionate about the subjects. That means we can explain why it might be necessary to do something that maybe the artist isn’t so comfortable with in the social space.

Do you do the social day by day with them? How much do you ask them to engage?
It’s a case by case basis, but if we’re talking about an artist on tour, we absolutely want either the artist themselves or someone with day to day access to them like a tour manager, publicist or assistant to be posting content. Anything that’s more from management like an announcement of a tour cycle, album cycle or product release, we become more hands-on, crafting the copy to make sure that it matches the brand and voice and goals. 

Even with the day to day content, we’ll work with them to craft their content strategy document. We have a website called New Media Rules of Engagement or NMROE.com that outlines the best practices on every single social network. We take all those practices and filter them down based on their audience and goals. From there we come up with a content strategy document that says how frequently you should be posting content, how you should be posting that content, how you should be generating that content, how you should be repurposing content from your fanbase, and how you should be responding to your audience. That’s the blueprint for the artist, the management and the publicist to stay within the framework. 

With wireless bandwidth and speeds enabling us to engage with audio and video content from anywhere we are, it should be easer than ever for an artist to be able to engage with their fanbase. 

You can find out more about Jacob and Oniracom at oniracom.com."

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Sunday, November 30, 2014

Bobby O Cyber Monday Specials

It's time for some Cyber Monday Specials that can help the career of any musician, songwriter, artist or band.

Using social media is not the same thing as using it as a promotional too and Social Media Promotion for Musicians shows you how and why. This is a great manual for optimizing your personal or band's brand, your website, email list, and YouTube channels and videos, as well as all other social media platforms like Facebook, Twitter, Pinterest and bookmarking sites like Digg and Reddit.
Special 30% Off The Retail Price (you must register on the Createspace ebook store). Use code 4T9VLP26


The latest edition of Music 4.0 Internet Music Guidebook takes us into the world of streaming, as it lays out just how artists and songwriters get paid in this new evolution of the music business, as well as covering the new movers and shakers in the business, as well as the latest in the battle between DIY and traditional record labels.
Amazon Special Deal - Print Edition Deal or Kindle Edition Deal




Bobby Owsinski Courses on Lynda.com. The Black Friday deal continues with a free 10 days of unlimited access to check out all the video courses (there's over 3,000 of them) on the platform.



Wednesday, November 12, 2014

An Artist's Look At Music Delivery Format Pros And Cons

In the recent past, there have always been multiple containers (a container is the way the music is packaged for distribution) of music that an artist had available for sale. First there were vinyl singles and vinyl albums, then vinyl albums and cassettes, then CDs and cassettes, then digital downloads and CDs, and now we can add streaming digital music to the list. With the recent resurgence of vinyl, an artist has four container options for distribution of his or her work. Here's an excerpt from my Music 4.0: A Survival Guide For Making Music In The Internet Age that takes a look at the pros and cons of each.


As you can see from the chart above, each of the current delivery methods has an assortment of pros and cons. This is not to say that one container is better than another in our current music world, but it helps to be aware of the benefits and disadvantages of each.

You can read additional excerpt from Music 4.0 and my other books on the excerpts section of bobbyowsinski.com.
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Wednesday, October 15, 2014

How Today's Artist Management Uses YouTube

Artist Management
We live in a new world where promotion is no longer left solely to the record label. Now a good artist management team knows that they must be proactive online in order to increase the branding and visibility of their artists. In this excerpt from my Music 4.0: A Survival Guide For Making Music in the Internet Age book, Dan Tsurif of Mercenary Management describes some of the things that his company does for their artists when it comes to YouTube and other social media.

"What’s the most important social tool right now?
For what I’m currently doing it’s YouTube. It’s the single most important tool for a musician because you can distribute your music, monetize it, use the description to promote tour dates and merch store, and it has the social aspect so people can go and talk and share comments with their friends. For most artists, I tell them to pick just one social network and get really good at it, but if they ask me which one, I’ll tell them that YouTube is the single most important tool that an artist has at their disposal.

Do you recommend that your clients post more than just their music videos?
Absolutely. Typically the record label owns the masters to their songs, so the artists won’t make anything from posting them, and the label will want to do that anyway. That shouldn’t stop them from making their own videos. I tell them not to just focus on music but to put out videos on everything that you can. You can make a guitar lesson, show come cool backstage antics or webisodes, or even a rehearsal video. People love that. It’s very interesting for fans to see. That’s what we have a video team for.

What’s the one type of video that fans relate to the most?
Our most popular videos are webisodes of the artists on tour. Recently we had one with Black Label Society where a videographer followed them everywhere on the tour, and every day we’d put up a new tour recap. That was wildly popular.

We had one with Alternative Press Magazine for Black Veil Brides where they followed them around on the Warped Tour. It was a similar concept, but those had the most impact because it gave the fans a chance to see what the band members were like off stage, then see the transformation to going on stage and performing, so they could see what’s it’s really like to be in a touring band. Especially now that it’s so easy to pick up a guitar and get into music, they want to know what it takes to get to be a professional touring musician. They get access to that world and learn that it’s not all just parties and girls.

Do you do anything special for video SEO?
Proper tags and descriptions are wildly important. I see a lot of companies spending thousands of dollars for search engine optimization, and I agree to a point that you need that boost, but so much could be done just on your own with YouTube by properly tagging and using the descriptions. You should be tagging similar artists, having full lyrics in the descriptions, as well as the name of the director if it’s a music video. Just these little things that people can do have a huge impact on the visibility of the video. 

How much are your bands involved in social media? How much do you do?

It depends on the band. It might be 10 to 50% of the time, depending upon who we’re working with. We might give them a class on how to do something, but most acts do most of it themselves. For the personalized things it’s always the band members, but if they don’t know what they’re doing then we’ll show them the ropes. We can try to put ourselves in the head of the band members and maybe post like they would, but nothing beats the actual member doing it."

To read additional excerpts from Music 4.0 and my other books, go the excerpts page at bobbyowsinski.com.

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Wednesday, September 24, 2014

Ariel Hyatt On Selecting A Social Platform

Social Media Platforms
There are so many social media platforms available today that it can get overwhelming when it comes to selecting where you should spend your time. The danger is that you can be on too many platforms and dilute your energy, or you can specialize in one and miss some opportunities.

In this excerpt from my Music 4.0: A Survival Guide For Making Music In The Internet Age book, social media PR guru Ariel Hyatt describes why Facebook might not be the best alternative, and how to determine what might be a better alternative.

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"Are Likes important?
Facebook is the most frustrating platform. I read an article about the way life used to work a hundred years ago where you would have gone out of your house to the community bakery, hardware store (like my grandparents owned), or any local shop to buy your everyday needs. Then the Madison Avenue way of doing business came in the picture by advertising national brands as somehow being sexier and blew much of that model away, and we lost our way of communicating one on one as a result. Now social media brings us back around to where we started, where we only want to buy from people that we like, trust, and have positive engagement with. None of these principles are new, just the medium is.

The problem with Facebook is that it’s now placing the Madison Avenue approach on top of a community based platform, but the two are at massive odds. In the beginning there were all these people that you knew on Facebook that you might’ve lost contact with, like your school friends, teachers, babysitters, and long lost cousins. They weren’t necessarily on the other social sites, but they were on Facebook. It was all based on community and it was very personal and very much like the old community bakery or store.

Now Facebook has added a new twist in that no one will get to see your post unless you pay, and now we have a problem. We’ve been saying for years that it’s all about great content and engagement and keeping things interesting, and Facebook has come along and said, “Actually, no. If you pay us, we’ll promote something that’s not interesting to get you more eyeballs.” This is detrimental because it’s diluting the whole point of Facebook in the first place. The community is now muddled with Madison Avenue and the “buy a billboard,” or “buy an ad” mentality. I’m afraid that, just like when Madison Avenue rose in power, the people that don’t have the money to buy the ads and billboards are going to get squeezed out. That’s why I find Facebook to be a necessary evil. There’s still a huge number of active users so you need a strategy for it, but both the platform and the strategy are rapidly changing.

Do you recommend that a new client be on multiple platforms or just concentrate on one?
Just concentrate on one. I think that it’s so easy to get overwhelmed trying to do too much that some people will just shut down. Concentrate on one, and hopefully it’s not Facebook.

Which platform would you suggest?

Really it depends on that person’s capabilities. Are they visual? Then let’s do Instagram. Are they wordy? Then a blog strategy might be better. Are they ADD? Then let’s do some tweeting. Let’s find the thing that feels like it’s the most comfortable. I still struggle with pushing people to do things that they’re not comfortable with, because it’s not going to work in the long run."

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Sunday, September 7, 2014

9 New Rules For Making Music In Today’s Online World

Online music image
The music world we live in today is decidedly different from that of only five years ago, let alone a few decades. Where once the entire business was based around physical sales, today its more about aggregating multiple revenue streams for both the artist and the record label. Here’s a set of 9 rules that have been excerpted from my book Music 4.0: A Survival Guide For Making Music In The Internet Age that all artists need to at least be aware of if they want to succeed in our current music environment.

1. It’s all about scale. It’s not the sales, it’s the number of YouTube views you have. A hit that sells only 50,000 combined units (physical and digital) may have 50 million YouTube views. Once upon a time, this would’ve been deemed a failure, today, it’s a success. Views don’t equal sales, and vice-versa.

2. There will be fewer digital distributors in the future. It’s an expensive business to enter and maintain, so in the near future there will be a shakeout that will leave far fewer digital competitors, and fewer places to distribute your music. Don’t be shocked when you wake up one day to find the landscape of online music to be very much consolidated in a way similar to what happened with the major record labels.

3. It’s all about what you can do for other people. Promoters, agents, and club owners are dying to book you if they know you’ll make them money. Record labels (especially the majors) are dying to sign you if you have have an audience they can sell to. Managers will want to sign you if you have a line around the block waiting to see you. If you can’t do any of the above, your chances of success decrease substantially.

4. Money often comes late. It may not seem like it, but real success is slow, and even in this social media world, you still grow your audience one fan at a time. The longer it takes, the more likely you’ll have a longer career. An overnight sensation usually means you’ll also be forgotten overnight. This is one thing that hasn’t changed much through the years.

5. Major labels want radio hits. They want an easy sell, so unless you create music that can get on the radio immediately, a major label most likely won’t be interested. This is what they do and they do it well, so if that’s your goal, you must give them what they want. Once again, this hasn’t changed much through the years. Read more on Forbes.
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Wednesday, September 3, 2014

There's More To Music Than Social Media

Amanda Palmer TED talk image
So much of an artist's promotion and visibility is built around social media these days that it's easy to believe that it's almost more important than the music itself. Sometimes it's possible to be a social celebrity without making any meaningful penetration with your music however, as this excerpt from the New Masters chapter of my Music 4.0: A Survival Guide for Making Music in the Internet Age guidebook illustrates.

"If you’re in the music business there’s a good chance that you’ve heard of Amanda Palmer, although there’s an even better chance that you’ve not heard her music. Palmer represents a conundrum in social media where she’s become a huge presence in the music industry thanks to her extremely effective social media and crowdfunding campaigns, yet that hasn’t helped to spread her music much beyond a small, yet avid following.

Palmer rose to a low-level of prominence as half of the duo Dresden Dolls before going solo in 2008. Her cult following grew from there thanks to her extremely hands-on relationship with her fans. In an interview with Techdirt in 2012, she gave her secret:
"I've been tending this bamboo forest of fans for years and years, ever since leaving Roadrunner Records in 2009. Every person I talk to at a signing, every exchange I have online (sometimes dozens a day), every random music video or art gallery link sent to me by a fan that I curiously follow, every strange bed I've crashed on...all of that real human connecting has led to this moment, where I came back around, asking for direct help with a record. Asking EVERYBODY...And they help because...they KNOW me."
Palmer’s notoriety again grew thanks to reports of big merch sales through Twitter campaigns (like $19,000 worth of T-shirts in less than a day), to where it reached a peak with a massively successful Kickstarter campaign in which she raised $1.2 million (the goal was $100,000) from nearly 25 thousand fans in 31 days for the marketing of an album/art book/gallery tour. This was followed shortly thereafter by a riveting TED talk where she described her fan-first business model.

Considering the exposure that Palmer has garnered from the mainstream media thanks to these events, her music still hasn’t gained much traction and she remains very much a niche artist, though one with a fanatical following. Only three of her videos have barely cracked 1 million views, she has less than a million Twitter followers, and just over 200,000 Facebook Likes. 

While these are really great numbers for an indie artist, Palmer hasn’t managed to transcend that narrow category despite generally positive and vast exposure and a supercharged fanbase. Amanda Palmer proves that no matter what your social media connections are, star and superstar success still depends on your music. In order to gain a mass audience, it must connect with the masses.

There’s More To Music Than Social Media Summary
  • Social prominence won’t automatically cause people to like your music
  • But it can cause people to notice you
  • Caring deeply about your fans builds an avid fanbase
  • An avid fanbase is essential for crowdfunding"
To read more excerpts from Music 4.0 and my other books, go to the excerpts page at bobbyowsinski.com.
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Wednesday, August 27, 2014

The 2 Types Of Fans That Every Artist Has

Fanbase image
Every artist, whether they're selling out arenas or still working in clubs, has two types of fans. Most artists never bother to differentiate between the two and therefore don't grow their fan base as quickly because they tend to cater to the wrong group. In this excerpt from the latest edition of my Music 4.0: A Survival Guide For Making Music In The Internet Age book, you'll see the differences between groups and why one is more critical to your success.


"Music 4.0 is totally dependent upon the development, care, and feeding of your fanbase. Your core fans or “tribe” is only a piece of your total audience though. Your audience can be broken down into the following two categories: your casual fans and your core fans. 

Your total audience, or your fans, are fervent about a particular small niche of music that’s usually a subcategory of a larger genre, which means that they love speed metal (as opposed to the much larger metal or hard-rock genres), bluegrass (as compared to the larger country-music genre), or alien marching bands (as opposed to either of the larger alien-music or marching-band genres). If you’re an artist in that particular niche, your audience will automatically gravitate toward you, but still might not be your fans. This includes casual fans, occasional listeners, and people who like what you’re doing yet aren’t particularly passionate about it. 

Although this part of your audience can’t be ignored, it’s probably not a good idea to expend all your energy on it. They’re aware of you and will probably give you a try with every release, unless they’re disappointed too many times in a row. They can be turned into passionate fans though. One “hit” song or album, a change in image, or a change in general perception, and they become the passionate critical mass needed for the breakout that turns a respected artist into a true star. 

In Music 4.0, your most important core audience contains your most passionate fans, or your “tribe,” as described in Chapter 4. They’ll buy whatever you have to sell, work for free, recruit other fans, and basically do anything you ask. All they want is access to and communication with the artist, which is the basis of Music 4.0. 

So to summarize:
  • Your audience consists of your casual fans and your core fans
  • Fans may like an artist but may not be particularly passionate
  • Your core fans (true fans, uber-fans, super fans, tribe) are very passionate about everything you do
  • Most of your energy should be directed towards your core fans"
Knowing the difference between fan groups can make a difference between chasing your tail trying to please casual fans that only marginally care about you, or growing your audience by cultivating your most passionate ones.

To read additional excerpts from Music 4.0: A Survival Guide For Making Music In The Internet Age and my other books, go to the excerpts section of bobbyowsinski.com.

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Wednesday, August 20, 2014

Streaming Music Primer: The Different Types Of Streams

Streaming Music Revenue image
Now that it's pretty apparent that the music world is increasingly centered around streaming music distribution, many artists, bands and managers still have no idea how streaming pays and why the royalty is frequently much less than expected. Here's an excerpt from the latest edition of Music 4.0: A Survival Guide For Making Music In The Internet Age that provides a basic primer on the two types music streams.

"What most artists and bands don’t realize is that there are two different types of streaming services, and they each operate differently, and therefore pay at a slightly different rate.

Non-Interactive Streams
The first is called a “Non-Interactive” stream and this is either from a platform that acts as an online radio station like iHeart Radio or any traditional broadcaster with an online presence (like your local radio station), or a service like Pandora where the user has a certain amount of control over what plays, but  can’t directly select a song or make it repeat. Streaming platforms in this category include services like Pandora, Last.FM, and iTunes Radio.

Radio broadcasters with terrestrial radio stations pay $0.0023 (.23 of a cent) per stream. Non-interactive platforms like Pandora pay $0.0023 per stream from a paid subscriber, and $0.0013 per stream from a non-subscriber, which increases to $0.0014 in 2015.

This money is paid directly to Soundexchange and is paid out at a rate of 50% for the owner of the copyright (which could be the record label or could be you if you’re DIY), 45% to the featured artist, and 5% to unions that represent the musicians that played on the recording.

If a services like iTunes Radio also provides advertising, it pays out at a slightly different rate as a percentage of the ad revenue is added as well (pro rated of course). In the case of iTunes Radio, that rate is 15% of ad revenue until September 2014, when it increases to 19%.

Interactive Streams
Interactive or on-demand streams are treated different from the radio-style streams in that the rate is considerably higher (between $0.005 and $0.007, depending upon how much the listener pays per month). Services that provide interactive streaming include Spotify, Rdio, Mulve, and Slacker.

The downside here is that if you’re signed to a label, the money is paid directly to them first. You’ll then be paid based on the royalty amount negotiated in your agreement. For instance, if you’ve negotiated a 15% royalty, then you’ll be paid 15% of $0.005, or $0.00075. If you’re not with a label, the money will be collected by Soundexchange or an aggregator like Tunecore, Ditto Music or CDBaby if they’ve distributed you songs to the online streaming services.

On top of the royalty paid to the artist and label, there’s also a publishing royalty that varies yet again from the above rates, which we’ll cover in the next section.

You can see why artists, bands, musicians and even record labels can be confused about how much they’re receiving from streaming. As The Temptations once sang, it’s a “ball of confusion.”

That being said, every artist should register with SoundExchange, a service created by the US Copyright Office to collect performance fees for musicians featured on a recording and a song's copyright owners. SoundExchange collects money for the actual performers on a recording, not the songwriters. Go to soundexchange.com for more information."

To read additional excerpts from the Music 4.0 guidebook and my other books, go to the excerpt section of bobbyowsinski.com
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Tuesday, June 24, 2014

Who's The Most Powerful Player In The New Music Business?

Artist Management image
The record label was once the most powerful entity in the music business, but that's no longer the case. In this excerpt from Music 4.0: A Survival Guide For Making Music In The Internet Age, you'll find that there's a different position that exerts more control today.
"Managers of talent have always been powerful (especially with a big-selling act in the stable) and have, for the most part, stayed behind the scenes. After all, it’s the acts that should have the most attention. But as the music industry transitions into Music 4.0, managers are more powerful, and more needed, than ever. The reason is that the fortunes of the manager are directly tied to the act. If the act makes money, so does the manager; if the act tanks, the manager starves. As a result, the manager has to truly believe in the act and represent it with a passion. The manager’s singular vision must be to make that act successful. Any other member of the artist or group’s team, from producer to attorney to record label to publicist and so on, will not have his or her fortunes tied so directly to the artist’s success, and, as a result, his or her passion can’t be expected to ever be as high. With most service contractors that an artist employs, you can never be sure where their loyalty actually lies. Is it with the record label, distributor or promoter, or the artist? With a manager, the answer to that question should never be in doubt. 
So why has the manager’s role become more profound in Music 4.0? Because as the choices for the artist have expanded, so has the manager’s influence. In Music 1.0 through 2.5, the manager’s main focus was on dealing with the record label and getting the act booked. The label was the 800-pound gorilla in the room, and the manager was the keeper. With the record label’s influence now decreased to that of a chimpanzee, the manager has ascended to become the giant in the act’s life. As we’ll see in later chapters, there are far more possibilities for every aspect of the act, and that means far more decisions are required. 
An interesting trend is that management is now adapting to Music 4.0, bringing multiple talents in-house for instant access and attention by the artist. These talents include concert promotion, Internet promotion, dedicated social networking, the handling of street teams, and where it’s legal, even acting as a booking agent.
Not every artist is able to connect with forward-thinking management of this type, or even any kind of organized management, but that’s okay. Personal management is ineffective unless the manager is passionate about you, since passion can overcome inexperience. Passion is something that you can’t buy or contract—the manager has to truly believe in you or you’re wasting your time. And as the act gets bigger, it’s easier for a less powerful manager to plug into a larger management company and “four-wall,” or get the best of both worlds: the power of the larger management company with the attention of the smaller."
You can read additional excerpts from my Music 4.0 Internet Music Guidebook and my other books on the excerpts section of bobbyowsinski.com.
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Wednesday, June 18, 2014

The 1000 True Fans Theory Explained

1000 True Fans image
In the latest version of my Music 4.0: A Survival Guide For Making Music In The Internet Age book I explain that making a living in music is considered the new success, as we shift our priorities to DIY. That said, the way that's accomplished is by have a group of core fans. In the following excerpt from Music 4.0, this "1,000 True Fans Theory" is explained.

"The “1,000 True Fans Theory” by Wired magazine’s “senior maverick” Kevin Kelly states that all an artist needs is 1,000 true fans to maintain a fruitful, if unspectacular, career, thereby relieving the artist of the need for some of the nastier things in life as a regular job. True fans are sometimes called superfans or uberfans, depending on whose theory we’re talking about.

Kelly wrote the following:
A creator, such as an artist, musician, photographer, craftsperson, performer, animator, designer, videomaker, or author---in other words, anyone producing works of art---needs to acquire only 1,000 True Fans to make a living. 
A True Fan is defined as someone who will purchase anything and everything you produce. They will drive 200 miles to see you sing. They will buy the superdeluxe reissued hi-res box set of your stuff even though they have the low-res version. They have a Google Alert set for your name. They bookmark the eBay page where your out-of-print editions show up. They come to your openings. They have you sign their copies. They buy the T-shirt, and the mug, and the hat. They can't wait till you issue your next work. They are true fans. 
The idea is that if each of the 1,000 fans bought $100 worth of product every year (the figure equals an arbitrary full-day’s pay), you’d have an income of $100,000, which, even minus expenses, can still represent a reasonable living for most artists. The trick, of course, is how you expand your fanbase to that magic 1,000-fans number (providing that you buy the theory, of course). 

Like most theories on such things, the detractors of the 1,000 True Fans theory point out several relevant issues. They are:
  • The $100,000 amount is the gross income and doesn’t take expenses into account. Expenses for any creative endeavor can be quite substantial and must be accounted for in any income assumption.
  • Even if you reach the magic 1,000-fan number, that doesn’t mean that each will spend $100 per year. That’s true, but remember that $100 is an average number. Some fans might spend $500, while others might spend only $20. Of course, you have to present them with the products and the opportunity to spend money. If you put out a single release and don’t tour, it’s unlikely that you’ll hit your target. If you’re touring, and a true fan attends three shows and brings five friends, that could easily account for $100 right there. And if you release two albums, a deluxe box set, and newly designed T-shirts, hats, mouse pads, and coffee cups, there’s an even greater chance that the true fan will just have to have whatever you’re selling.
  • Music 4.0 presents a worldwide marketplace, so 1,000 fans don’t necessarily have to reside just in the United States. Again, this is true and can lead you to believe that developing your fan base is a lot easier than it really is. Don’t forget that true fans in some countries such as Russia, China, and Mexico might not be paying anything at all and still be enjoying your work thanks to the prolific piracy that those areas are accustomed to.
  • You can expect some attrition of your new fans. Hopefully, the attrition of your fanbase will at least be offset by new members, and perhaps even grow some in the process.
  • Other artists are competing for the same fans. There’s always competition in the marketplace for every dollar, sale, and item. You must differentiate yourself and your product from your competition to make the choice easier for the fan. For sure, you’ll lose some fans during this process, but if done well, you’ll make that number up, and more.
While the total number of true fans actually required to make the theory work (is it 300 or 1,000 or 4,000?) may be in question, the idea is that you need this hard-core group in order to sustain your career. Whatever the number that you’re lucky enough to develop, be sure to take care of and nurture them, because they truly want you to."

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Tuesday, June 10, 2014

8 Scenarios When You Might Need A Record Label

Record Label Logos image
This blog is mostly about getting along in the new music world without a record label, but there does come a time when having a label is worth considering if you want to jump to the next level as an artist. Record labels are not intrinsically bad; it’s just that you have to weigh the advantages versus the disadvantages to determine whether or not the time is right for you to be associated with one.

This excerpt from my Music 4.0: A Survival Guide For Making Music In The Internet Age book covers the 8 scenarios where a partnership with a label could be a great career move.

"You might want to consider a label if:

1. It's offering you a staggering amount of money. If this happens, either you must be hot enough for a bidding war to have broken out or they really, really believe in your future. Just remember that this might be the last money you’ll ever see from the label, and it may have a significantly negative impact on any credibility that you have with your fan base. Best to test the notion of signing with a label with your tribe just to see their reaction first, since they won’t buy anything from you if they feel you sold them out.

2. You need money for recording, touring, or any other needs. One of the things that labels do really well is to act like a bank by using your music as collateral. Major labels still do this as skillfully as ever before, but is it worth the price you’re going to pay in terms of the freedom that Music 4.0 offers?

3. You’re spending too much time on certain aspects of a career. A label can take some of the burden of marketing and distribution off your shoulders. You still have to be involved on some level, though, or you run the risk of things getting way off course before it’s brought to your attention. If you don’t have a manager already, that might be a better association to make at this point than to start working with a label.

4. You need expanded distribution. If distribution into the remaining brick-and-mortar stores is beyond what a small indie label can provide, a major label can be your friend. Major labels have the relationships, the sales force, and the means to collect the money. If you’re distributing by yourself, you’ll get paid if and when the stores feel like it because you have no clout. In some cases, you won’t even be able to get into the remaining chains and retail stores because you don’t sell enough to get on their radar. A major label or large indie sells the stores a lot of product, and they’re trusted, so it’s a lot easier for them to get the retailer to take a chance. Further, the label has some leverage in that they can always threaten to withhold in-demand product if they don’t get paid.

5. You want to expand into foreign territories. Let’s say that you have a huge following in Germany via your online efforts, but you can’t service them properly because you live in Kansas City. A major label can use their overseas resources to promote you and get product in the stores there. It saves you the hassle of reinventing the distribution and marketing wheels.

6. You need economies of scale. Sometimes the power of a big label can be used to your advantage since they can cut a better deal with a service (YouTube and MTV come to mind) than you ever could as an indie. 

7. You need major marketing. Another thing that a major label does well is to market you traditionally. If you want airplay on radio and appearances on television, a label may be your only hope. If you want reviews and articles in mainstream media, they still have the clout to get it done. 

8. If you feel that you’ve gone as far as you can go as an indie artist. If you need help to push your career over the edge to stardom, then a major label or major label imprint may be the way to go. This is what they do—sometimes well, sometimes not. 


Unless you have a specific need for any of the above that you’re sure you can’t fill any other way, it’s best to stay independent for as long as you can as long as you can in order to retain as much of the control over your music and your musical destiny as you can."

To read additional excerpts from Music 4.0: A Survival Guide For Making Music In The Internet Age and my other books, go to the excerpts section of bobbyowsinski.com.
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Wednesday, May 28, 2014

Dae Bogan On YouTube Video Optimization

YouTube Optimization image
We all want our videos to be seen by the most people, but many times some basic posting mistakes can sabotage all the effort that's put into producing the video in the first place. Luckily it just takes some thought and a little extra time to optimize your videos so that they're more easily found online.

Dae Bogan has considerable experience in both music and social media marketing, starting out in event production for major brands such as Chipotle, Dell, Blackberry, Virgin Mobile and Def Jam, then as vice-president of marketing for Shiekh shoes and their Shiekh music artists program. His current company, Chazbo Music, provides in-store video music entertainment services by programming custom-curated channels for businesses, music and lifestyle. In this excerpt from my new Music 4.0: A Survival Guide For Making Music In The Internet Age (the 3rd and latest edition of my Music 3.0 book), Dae explains some basic strategies for making sure that your video is seen by the most people.

"Today you really have to do optimization for search or it’ll be buried with the other 700 million videos on YouTube at the moment. If I had to give some advice, I’d say song choice is number one. Choose songs [if you're doing a cover song] that are relevant today by using the Billboard charts as a guide. Select a song that’s on the top of the charts today, then post a really good cover, then make sure the video title is appropriate by posting the original artist’s name, the song name, then your name. Make sure it’s tagged with the original artist’s name, the song name, as well as the record label name and anything else about it. If it’s a love song or a pop song, put that descriptive tag in. Sometimes people just search for love songs, so they’ll come across your video that way. Finally, make sure the video description is complete. 

Also at the end of the video there should be all the information about your social media, then ask people to subscribe to your channel. Now with annotations you can also embed links in the video as well. Those are ways to optimize the video so that at least some information is carried along with it. What artists forget is that once someone shares that video that a lot of the meta information that you inserted is lost. The description and the tags don’t come with it and the title isn’t visible. The only thing that you can see is what’s inside the video player, so by using annotations there’s a way to make at least some of the information available to the viewer.

Finally, release it at the right time. YouTube shows in their analytics what time of day is best. Look at when you have the most viewers or followers."

To read additional excerpts from Music 4.0: A Survival Guide For Making Music In The Internet Age and my other books, go to the excerpts section of bobbyowsinski.com.
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Tuesday, May 20, 2014

The 8 Stages Of The Music Business

music money image
If we were to look at the music business from its very beginning, we'd see that there are 8 totally different stages, each one driven by a new technology. Here's an excerpt from my Music 4.0 Internet music guidebook that briefly covers those stages.

Music 0.5: The embryonic stage of the music business predating recorded music, where the product was limited to sheet music and piano rolls, and the song was much more important than the artist.

Music 1.0: The first generation of the music business as we know it today, in which the product was vinyl records, the artist had no direct contact with the record buyer, radio was the primary source of promotion, the record labels were run by record people, and records were bought from retail stores.

Music 1.5: The second generation of the music business, in which the product was primarily CDs, labels were owned and run by large conglomerates, MTV caused the labels to shift from artist development to image development, radio was still the major source of promotion, and CDs were purchased from retail stores.

Music 2.0: The third generation of the music business, which signaled the beginning of digital music and during which piracy ran rampant due to peer-to-peer networks. The industry, however, took little notice, since CD sales were still strong from radio promotion.

Music 2.5: The fourth generation of the music business, in which digital music became monetized thanks to iTunes and, later, others such as Amazon MP3. CD sales plunged, the music industry contracted, and retail stores closed.

Music 3.0: The fifth generation of the music business, in which the artist could communicate, interact, market, and sell directly to the fan. Record labels, radio, and television become somewhat irrelevant, and single songs are purchased more often than albums.

Music 3.5: The sixth generation of the music business where YouTube and other online video platforms become the new radio, and the digital side of the business begins to slowly morph from one of downloads to streaming.


Music 4.0: The generation of the music business that we’re now entering, where streaming becomes the preferred music delivery method for the consumer, which makes it profitable on a wide scale and increases revenue for artists, songwriters, publishers and labels. 

To read additional excerpts from Music 4.0 and my other books, go to the excerpts section of bobbyowsinski.com.
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Sunday, May 18, 2014

Introducing Music 4.0: A Survival Guide For Making Music In The Internet Age

Music 4.0: A Survival Guide For Making Music In The Internet Age cover image
I'd like to introduce you to my latest book, Music 4.0: A Survival Guide For Making Music In The Internet Age. This is really the 3rd edition of my best-selling Music 3.0 book, but the music landscape has changed so much that it's now become a whole new evolution of the business.

What's changed? We're now firmly planted in the streaming era of music, or Music 4.0. The changes to the industry are significant, and this book outlines them all. Among the other questions that the book answers are:
  • Who are your customers and fans and how can you reach them?
  • How should music be marketed and distributed in this new world? 
  • How to take advantage of all these new choices?
  • Who are the new industry players?
  • How to make money when listeners stream your music? 
  • What's the best way to develop a brand? 
  • How are Facebook, Twitter, and YouTube best used as marketing tools? 
  • What are the new technologies being introduced that will influence how we sell and market our work? 
The book also covers the differences between streams (there are actually 4 types), and how much each one pays, which is data that you won't find in any other publication or even in any one place on the Internet.

Music 4.0 also features interviews with some of the gurus and behind the scenes movers and shakers of the different facets of the music business, including social media marketing guru Dae Bogen, music publisher Richard Feldman, entertainment analytics expert Larry Gerbrandt, social media PR specialist Ariel Hyatt, search engine marketing expert Gregory Markel, record label digital strategy expert Dan Tsurif, and many more.

Check out the Music 4.0 table of contents and excerpts.
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