Thursday, January 9, 2020

4 Ways To Handle Distribution Costs For Your First Album | Music Think Tank

Creating a great body of work is the first step towards a successful career in the music business, but getting the songs heard by countless people across the world should be the next move. It can be challenging to get your first album distributed and into the homes, cars, and playlist of music listeners, but it is not impossible. Below are some of the ways that you can handle the distribution cost for your first album, putting you even closer to a great music career.

Use Your Savings

The money you have saved throughout the years is the best place to start when paying for distribution costs associated with your first album. The money does not need to be paid back, and you can spend it any way that you choose. When you earn a profit, after paying for studio costs, marketing, distribution, and other expenses, you can put your earnings back into the savings account for future purchases.

Find Services with No Upfront Costs

Some distribution companies do away with upfront fees, but they do not actively sell the album. Although your product will be available to stores, you will be faced with marketing fees to get the album into rotation on the radio, onto streaming platforms, and more. If you want to get the promotion in place to stimulate sales, you should look for other avenues to handle distribution costs.

Take out a Loan

Sometimes you have to spend money to make money in life, but with a good plan, quality music, and determination, that does not have to be a bad thing. It would help if you considered taking out a loan to get the financing you need for your project. You can work extra hours at your full-time job to cover the costs of the loan, which could turn out to be a rewarding investment for you and your family.

Land a Record Deal

For a high percentage of your music rights, companies offer record deals to promote your first album and help you build a career in the business. This often comes down to luck and affiliation, as opposed to music talent. The downside is that most music companies want you to have a large following and successful mixtapes before they offer you a distribution deal. Therefore, going the independent route and finding funding from family and friends, using your savings, or applying for payday loans are typically the best options.

While handling the distribution costs for your first album, do not forget to enjoy the moment. You will only have one chance to experience this feeling, and the challenges you face should not take away from this significant milestone. So use the steps mentioned above, find mentors in the music industry that can guide you through the process, and stop to enjoy every move and step you take along the way.



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