[Make Money Selling Your Music on Spreesy!]
If you have music for sale on platforms such as BandCamp, iTunes, Gum Road etc. then you definitely should not overlook the opportunity to sell on Spreesy. As a Spreesy partner, you will be selling digital and physical products through social networks such as Instagram, Facebook and Twitter post with one click. You will also have your own Spreesy store.
In a Facebook post by Co-Founder, Spencer Costanzo says that Spreesy will automate “the entire process including eCommerce storefronts, social commerce tools, emails, invoicing, payments, and check out.” That’s some serious hassle saving. Especially for the independent music artist.
This strategy I have for the independent music artist will work best if you join as a supplier. You as the manufacturer will be supplying the promoters aka distributors with music to sell to their audience. Just know you are not only limited to a supplier account. If you’re interested you can also become a promoter and referrer.
Benefits for Spreesy Suppliers.
Before I dive deeper into this idea let me inform you on the benefits you will receive. As a supplier, you have the opportunity to increase your music sales and exposure. Your music will be open for promotion amongst the thousands of promoters who have signed up with Spreesy.
According to Spreesy, your music as an independent music artist will have a reach of over 100 million people. That is a huge benefit for any independent music artist in my opinion.
You will also be able to receive same day payments. When a sale is generated you will be notified and have your payment instantly deposited into your PayPal account. If you do not have a PayPal account I advise you to get one immediately.
Last but not least, it will not cost you anything to sign up. Yes, anyone can join for free. According to Spreesy, you will not be charged no membership fees, nor annual fees and there is no exclusivity. Spreesy will only take a 5% commission per sale generated through their Partners Program.
Now to the idea.
Let’s say you are selling a song for $1.29, the average price for a single on iTunes. After Spreesy takes their cut you will be left with $1.23. If you create a digital product within their Partners Program and offer a 45% commission to incentivize promoters such as influencers, bloggers, content creators, or anyone with an audience to sell products to then you will be making $0.65 cents and the promoter will be making $0.58 for every $1.29 made.
Keep in mind this does not include the digital music sales you can possibly be making on your own which in that case you will be keeping the full $1.23 for yourself.
So say with this Partners Program 10 people buy your music through your promoters sales channel and you’re splitting the profits fairly 55/45, you will be looking at $6.50. Now say at the same time you’re generating the same amount of digital music sales without the promoters, you will be looking at $12.30. That’s $18.80 in your pocket. Let’s say you make this every week for a year.
Let’s break this down.
There are 52.1429 weeks in a year according to math done in google. Let’s round that to a solid 52. There is an average of 4.34524 weeks in a month. Let’s round that to a solid 4. $18.80 x 4 = $75.20 a month. That means you will be making 902.40 for the year. This is only from your digital music sales. Imagine if you were selling physical merchandise to go with it or even a full album. That’s a decent amount money you could be making on top of whatever you sell or do outside or inside of music in my opinion.
But this is just an example of what you can potentially make if you can generate 20 sales a week. The 10 combined with the promoters and the 10 you made on your own. You can make more or less depending on how much work you put in. Imagine generating 10 album sales priced at let’s say $5.00 through the promoters and 10 directly through you.
F**k it let’s quickly do the math so you can see your earning potential.
Keeping in mind Spreesy will be taking their 5% cut you will be left to make $4.75 for every album sale. Your earnings from each album sale will be $2.50 when you split the $4.75 55/45 with promoters. You’ll make the full $4.75 for any album sale generated without their assistance. Combine the $2.50 x 10 with $4.75 x 10 and you get a total of $72.50 a week. $72.50 x 4 = $290 a month. Take that number and multiply it by 12 and you will potentially be earning $3,480. Yes, $3,480 dollars! Combine that with the $902.40 you made from that hot ass single and you’re potentially looking at an extra $4,382.40 in your pocket. No label! Just you, you’re promoters and a friendly platform conquering the independent music world as one. That’s not even including the physical merchandise (ex. T-Shirts, Hats, Posters, etc.) you may also have for sale!
Take action now!
Join for free and set up your Spreesy eCommerce storefront today.
Is this a good idea? I think it is. Let me know what you think. If you have any questions leave it in the comments. Share this with your friends. Thanks!
*Disclaimer: Results may vary for each artist. Nothing is guaranteed. Your music will speak for itself. If the music heads like it hopefully they will support you and buy it. Put the work in baby! You can do it! I believe in you!
**Disclaimer #2: Keep in mind if people think your music is trash you will have a hard time selling it. They control their own thoughts and opinions, not me. I’m just keeping it real with you. You can implement this strategy however you like.