How Much Do Artists Make On Bandcamp? Thoughts On Reaching a Milestone

“10 grand from one sales platform at a time when ‘no-one pays for music anymore’…what does it mean?

I guess for some of you, your reaction is ‘only 10 grand?? I thought you were LOADED!’, in which case, you perhaps need to take with a pinch of salt the over-inflated claims of success of some other musicians pretending to be making millions. ‘Fake It To Make It’ has long been the received wisdom of music promo, but we’re kind of beyond that now. Apart from everything else, it makes it very difficult to build honest friendships with the people who dig your music if you’ve been lying to them for years about how massively successful you are.”

[…]

“So what does £10k mean?

Is it wages? If it is, it’s not much of a milestone. Should it be measured against what other artists are making? That seems a bit meaningless, given the role that marketing (and marketing budgets) play in headline figures. There are going to be a LOT of acts–signed as well as unsigned–who will see FAR less than we do go into their bank accounts from sales while still grossing WAY more than we do.

Because, making money from music costs money. And for MOST artists, it costs more than it makes. I could probably sell a lot more music if I assigned myself a sizable advertising and promo budget, if I was willing to do a buy-on tour opening for a bigger name act…but I just can’t afford to do that. That would cease to be sustainable. So I spend what I have–which is time–and use it to tell stories, to present the music in as many different contexts for as many different audiences as I can. For about 80% of my Bandcamp sales, I can tell you where the person heard about me, because I’ve been in touch with them already. It’s an extension of myriad friendships, not the effectiveness of an ad campaign that has bred whatever success we’re looking at here.”

via Steve Lawson | How Much Do Artists Make on Bandcamp? Thoughts on Reaching a Milestone

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s