Thursday, March 6, 2008

1,000 True Fans to Make a Living

When Seth calls something the "best riff of the year," people notice. And lots have.

I'm talking about Kevin Kelly's two-day-old blog post titled "1,000 True Fans," which has struck a powerful nerve online. He puts his own spin on what I and many others have been saying for years about succeeding in the arts in this modern era.

I've talked about this in my live workshops and touched on it recently when I wrote about tapping fans for funding and the benefit of having 10,000 people on your mailing list.

But this concept of attracting what Kelly calls True Fans (a diehard subset of a larger group of Lesser Fans) is very intriguing. Here's an excerpt:

Assume conservatively that your True Fans will each spend one day's wages per year in support of what you do. That "one-day wage" is an average, because of course your truest fans will spend a lot more than that. Let's peg that per diem each True Fan spends at $100 per year. If you have 1,000 fans that sums up to $100,000 per year, which minus some modest expenses, is a living for most folks.

One thousand is a feasible number. You could count to 1,000. If you added one fan a day, it would take only three years. True Fanship is doable. Pleasing a True Fan is pleasurable, and invigorating. It rewards the artist to remain true, to focus on the unique aspects of their work, the qualities that True Fans appreciate.

The key challenge is that you have to maintain direct contact with your 1,000 True Fans. They are giving you their support directly. Maybe they come to your house concerts, or they are buying your DVDs from your website, or they order your prints from Pictopia. As much as possible you retain the full amount of their support. You also benefit from the direct feedback and love.

Again, this all dovetails with the indie message I've been hammering home for years. You don't have to be a household name to be successful. Thousands of musicians, authors, artists, photographers, filmmakers, bloggers and more make a nice living serving their unique slice of the population. I proudly count myself among their ranks.

These self-empowered creatives work outside the traditional structure and usually make smart use of the Internet to bypass middleman roadblocks and take their craft directly to the end user: the fan. Reach enough fans in this manner and serve them well ... and you will eventually have a solid list of True Fans -- people who will reward you often with their time, attention and money.

Read Kelly's entire blog post and the reaction to it around the Net. Then get busy building your fan base ... and serving them well!

-Bob

Guerrilla Music Marketing HandbookCheck out Guerrilla Music Marketing Handbook, the classic guide to indie music promotion. Now revised and updated, with four new chapters on Internet and Web 2.0 music marketing.

Derek Sivers, president of CD Baby, calls it "The most directly applicable, start-tomorrow, creatively inspiring book I've ever seen on promoting your music!" Get more details here.

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Monday, March 3, 2008

Fans: The New Source of Music Cash Flow

As I said in a recent YouTube video clip, the music business these days is like the Wild West. No one knows exactly how things will shake loose. No one can truly predict the future. Therefore, the best way to proceed into this new frontier is to do what everyone else is doing: Making things up as they go along.

So have some fun with your marketing and career development!

One cool concept is the fan-funded model. Kristin Hersh and Scott Andrew, among others, have effectively asked their fans to help them fund their recording projects. But now there are entire web sites set up to help indie artists collect money from their fans.
Sellaband.com and Slicethepie.com are two such sites. This Wired.com article by Eliot Van Buskirk spells out more details, but here are some interesting numbers:

Anyone can become an investor in a SellaBand artist by buying an advance copy of an album and a single share in the recording for $10. The site has raised more than $1.5 million from more than 25,000 investors. They've deposited an average of $50, but investments have run as high as $25,000.

Out of 6,500 bands, 14 have reached the $50,000 mark, which is when SellaBand helps find a studio and a big-name producer to record the album. (SellaBand artist Cubworld got paired with Gwen Stefani's producers.)

Slicethepie lets fans pay $10 for a share in the album and a free digital copy ... The site has raised $400,000 so far, while attracting 7,800 artists. Bands only get funded if Slicethepie's blind-listening reviewers -- who generate 10,000 reviews a day -- rate them in the top 2 percent of new artists. Reviewers are paid 2.5 cents per review, with bonus pay if they pick bands that prove popular.

I've been preaching the Focus on Fans sermon for years now. They are -- and have always been -- your greatest asset. Why not tap into your fans for financial support beyond buying CDs, concert tickets, and merchandise. Whether you use one of the sites above or not, allow your fans to play an even bigger part of your success story.

Welcome to the Wild and Wacky World of Music Business Change. Are you mixing it up and experimenting with different ways to get exposure and generate revenue? If not, you should be.

Whatever you do, don't make the mistake of simply watching from the sidelines. Get busy ... and have some fun!

-Bob

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Promote Your Music on MySpace
Make the most of the world's biggest social networking web site with this great primer on MySpace Music Marketing. Available in paperback or ebook format. Get more details here.

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Thursday, February 28, 2008

What's Your Music News Hook?

What exactly is a news hook? It's an idea that you pitch to an editor or writer. It's a story angle that is newsworthy and that should appeal to the readership of the publication in which you're wanting to get exposure.

News hooks are suggestions you make to media people via press releases, cover letters, e-mails or phone calls. If your news hooks are strong enough, lots of editors and writers will bite and cover you in the press.

So who or what should your news hooks be about? Most musicians put themselves front and center. And that makes sense, right? After all, they are trying to promote themselves. The drawback with this approach is that the focus is on the artist ... and not on the needs of the journalist.

To be a successful self-promoter, you need to learn to craft news hooks that keep the interests of the media person and his or her audience foremost in mind.

Want some good and bad examples?

"Great New CD Out Now by Local Band!"

Sorry, but this is not a very effective hook. Thousands of CDs come out every week. Yet another new one from another up-and-coming artist is not "news." Dig a little deeper.

"New Music CD Celebrates the 10-Year Anniversary of the Monica Lewinsky Scandal"

I know, this one is bizarre. But admit it, when you read it, you probably thought, "Now that's a weird concept for an album. I wonder what those songs would sound like?" Imagine what fun you could have with the song titles. A news hook like this stands out because it has a specific story that separates it from "here's another rock or pop or hip-hop CD."

"Look Out World: XYZ Is the Band to Watch in 2008"

This is a classic example of the over-hyped PR pitch. Most journalists roll their eyes at this type of bombastic announcement before tossing it in the trash (or hitting the delete key). Don't tell people how awesome you are. Paint a descriptive positive picture, but let the journalist determine the adjectives.

"Punk Rocker Offers 5 Tips for Overcoming Addictions"

If you have a significant personal story to share, feel free to make it a part of your news hook, especially if your experience can help other people. Have you overcome a personal obstacle, fought a deadly disease, feel strongly about a cause, or experienced something extraordinary? Chances are, people will want to know about it, and the music media may very well be eager to cover it.

So, let me ask you ... What's your music news hook?

-Bob

P.S. For more music publicity tips and tactics, check out the Indie Music Publicity Home Study Course or Killer Music Press Kits: Deluxe Edition.

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Monday, February 18, 2008

What Do YOU Want in a Music Conference?

As you may know, I'll be presenting the first Indie Buzz Bootcamp music conference June 20-22 in my hometown of St. Louis, MO. If you've read my early description of it, you also know that I want to make this a weekend workshop event unlike any other in existence today.

While I have some definite ideas about how I want to present this life-changing event (solo speakers instead of panels, a focus on education and action plans instead of showcases and parties, etc.) I'd love to get your thoughts on what you'd like to see in a music conference.

Indie Buzz Bootcamp Music Conference & Workshop

Please consider the following questions, then click the comments link below and post your responses:
  • What's been missing from the music conferences you've attended in the past?
  • What would you really like to see in a weekend event dedicated to indie music career success?
  • What topics would you like to see covered?
  • Who would you like to hear speak?
  • What factors would motivate you to attend?
Thanks in advance for giving me your honest feedback. I'll give consideration to all the responses and incorporate the ones that make the most sense.

-Bob

P.S. Register to win a pair of free admissions to the Indie Buzz Bootcamp here.

P.P.S. If you're on Facebook, I have an event page for the conference here.

Guerrilla Music Marketing HandbookCheck out Guerrilla Music Marketing Handbook, the classic guide to indie music promotion. Now revised and updated, with four new chapters on Internet and Web 2.0 music marketing. Get more details here.

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Monday, February 4, 2008

Frank Zappa on Music Industry Change

I'm guessing this video clip is about 20 years old or so. (Frank Zappa died in 1993.) It's interesting to hear this innovative musician's views on the recording industry in light of what's happening now.


You can also watch it on this page at YouTube:
http://www.youtube.com/watch?v=8UAWqwLjN70

-Bob

Indie Buzz Bootcamp Music Conference & Workshop
Register now to win tickets!

Wednesday, January 30, 2008

Does Business Ruin Art?

An anonymous musician just posted this comment regarding my latest podcast episode:

"Business ruins art. It's unfortunate that most people are reshaping their musical goals to fit their financial ones. All this just makes me want to keep music a hobby instead of a profession so I don't feel like I have to make crappy, watered-down poop music."

Here's my response:

I understand the frustration that mingling art and commerce can create, especially when it comes to music and "big business" -- where quick results and bottom lines rule.

But let me ask you something ...

Does holding a general belief that "business ruins art" empower you? Only you can answer that, but there's no denying a belief like that colors how you feel about music and how you interact with the world.


All mental beliefs -- whether positive, negative, or in between -- are simply perceptions that an individual has chosen to buy into. None of them exist as objective truths in the real world. They only exist in the thoughts of each person who decides to let certain beliefs take up permanent residence in their minds.

Here's the belief I have chosen to give free lifetime room and board in my brain: There's nothing wrong with wanting to be compensated for the value that your music delivers to fans. It's healthy and natural to want to grow and prosper.

But if you can't get over your hang-ups about music and business and money, then do yourself (and the rest of us) a favor ... and play music as a hobby for the best reason of all: the love of it.

That's what I believe. How about you?

-Bob

Promote Your Music on MySpace
Make the most of the world's biggest social networking web site with this great primer on MySpace Music Marketing. Available in paperback or ebook format. Get more details here.

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Monday, January 28, 2008

How to Get a Record Deal

Want to know how to get signed to a major label? Interested in grabbing the attention of a record label A&R exec? Well, Music Connection magazine spilled the beans in a recent issue.
On my latest Artist Empowerment Radio podcast, I reveal their secrets and give you my own advice on how to increase your chances of having a successful music career and gaining music industry attention.

Start listening to How to Get a Record Deal now.

-Bob

Ready to Transform Your Musical Life?

Mark your calendar for June 20-22 in St. Louis, Missouri. That's when I'll present Indie Buzz Bootcamp, a life-changing, one-of-a-kind weekend event. Join me, Derek Sivers (of CD Baby), music publicist Ariel Hyatt, and other visionary speakers who will inspire you. Register to win free tickets!

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