There are many reasons why a recording artist may need to raise money. Maybe they want to record an album but don't have the funds, or maybe they want to invest in new equipment.
In any case, this article will go over some of the best ways for artists to fundraise their music projects without having to resort to asking others for help.
1. Sell a song
Selling songs is one of the most popular ways to raise money for music projects. It also only takes a few minutes to set up, since services like TuneCore and SongCast can distribute songs from your computer to digital music stores where consumers can purchase songs.
2. Crowdfunding with Kickstarter
Kickstarter is a popular crowdfunding website where users raise funds for their projects by offering 'perks' to those who donate money. You can create a Kickstarter page for your music project, provide incentives like special album packages or personalized songs in exchange for donations, and raise the funds you need.
3. Crowdfunding with Indiegogo
Indiegogo is another popular crowdfunding website where users raise funds for their projects by offering 'perks' to those who donate money. You can create an Indiegogo page for your music project, provide incentives like special album packages or personalized songs in exchange for donations, and raise the funds you need.
4. Sell T-Shirts
Selling t-shirts through your music project is a simple way to raise money cheaply. Simply design some t-shirts, find someone to print them up, and sell them at concerts or online through sites like Spreadshirt.
5. Sell CDs
Selling CDs is another great way to raise money for your music project. You can have them printed up cheaply enough that you can raise the price to $10 and still make a profit. Just be sure to package them well and maybe include extra goodies like lyric sheets or stickers.
6. Sell downloads
Selling digital downloads is another great way for artists to raise money for their music projects, especially if you think your fans may prefer not having to purchase physical copies. Just be sure to set a low enough price so that you raise the most money possible.
7. Sell music lessons
If you're an experienced musician, you might consider setting up a website offering music lessons and raising some extra cash that way. You'll need to be skilled and disciplined to pull this one off but it can be quite lucrative if you do.
8. Sell merchandise
Selling merchandise through your music project is another great way to raise money for your music projects, especially if you're already making the t-shirts yourself anyway. It's also a fun way to raise funds because people who like what you're doing will be more likely to purchase your t-shirts and other merchandise.
9. Sell music equipment
Selling used music equipment through your music project is another great way to raise money for future projects. Selling used items is always quicker than selling new ones so you can raise the most funds this way. However, you'll want to be careful because it's easy to get scammed if you're not careful.
10. Sell 'unofficial' merchandise
Selling unofficial merchandise like shirts and mugs is a great way to raise money for your music project, especially if you find a manufacturer who will print it up cheaply enough. However, be sure to make clear that the items aren't official products because otherwise, you'll run the risk of getting sued by the record label.
11. Harvest donations
Harvest is a service that automatically donates small amounts of money to social causes based on how much time you use your computer. You can raise money for your music projects simply by using your computer as normal, harvesting donations in the background without affecting your daily life at all.
12. Sell your old equipment
Selling your old music equipment is a great way to raise money because it's quick and easy, provided you can find someone willing to buy it for a reasonable price. It'll need to be in good condition though or else you run the risk of not getting enough value out of it.
13. Create CDs and raise money with art shake
If you're looking for a way to raise funds for your next music project, try selling CDs through Artshake. They help raise funds by bundling physical products like CDs with digital downloads to raise more money than either one of them would raise on their own.
14. Sell photos to raise money
Selling photos is a great way to raise funds for your music project quickly and easily. Simply post your work online, sell it through sites like Etsy or iStockphoto, and raise the cash right away.
Be sure to set a reasonable price for your work because it's easy to get ripped off if you charge too little.
15. Beatbread Funding
BeatBread is a funding platform created to give more musicians more access to funding, more choice of their distribution, marketing, and production partners, and a realistic chance to fund their careers without giving up ownership of their music or control of their careers.
Imagine funding your music career without giving up control. That's funding with beatBread.
There are many reasons why a recording artist may need to raise money. Maybe they want to record an album but don't have the funds, or maybe they want to invest in new equipment.
Whatever your reason for needing funding, you can be confident that there is someone out there who will help if you just ask them nicely enough!
What other ways do artists fund their creativity? Let me know in the comments below!