What do you like to make your own music, listen to music or simply speak in public?
Then Spotify is a very good place for you to consider
if you want to make money online in 2022.
Hey, welcome back to the challenge.
In today's video,
we will be talking about six different ways that you can make money on Spotify.
You guys know that I like a good organic traffic engine and this one is a very,
very good one for you to consider if you want to make money with Spotify in 20, 22.
We can see that more and more artists
are hitting milestones across all levels of revenue.
Are the numbers accelerating fast?
The number of artists achieving all thresholds of payouts
from Spotify alone have more than doubled since 2017.
All right, you guys.
So without further ado, let's get straight into it.
And for simplicity.
I am going to split this video into three big parts part.
No one is going to be for those of you who are artists or are working with artists.
Part number two is going to be for those of you who are simply music fans
and who are considering using Spotify to make some money on the side.
And number three is going to be for those of you who are passionate about
public speaking and maybe are considering starting a podcast.
Let's get into part number one.
If you are an artist and if you are considering
bringing your music to Spotify, or maybe you've done that already
and you are seeing some traction,
there are some ways that you can make money with Spotify
other than for the traffic that you get on your songs.
And there are actually four different ways
that you can make more money on Spotify.
If you are an artist, no one is merchandise.
I know that many, many artists make actually quite a lot of money
by using merchandise, by coming out with products
that have their band or their artist name and brand printed on.
You can absolutely do that too.
If you have a Shopify store where you sell any kind of merchandise, then absolutely
you would be ready to bring that and embedded into Spotify.
Or if you don't have one, then what are you waiting for?
You should absolutely have a Shopify store where you should sell merchandise,
and when you have that ready, make sure you bring it on to Spotify
so that your fans, the people that are listening to your music, are able
to purchase your merch directly on Spotify.
Another very good way for you to leverage Spotify if you want to make
some extra money as an artist is by bringing your ticketed event into Spotify.
They explain very deeply and I can link down below a place where you can read more
that you would need to use a trusted ticketing partner
in order to be able to bring your events your concerts into Spotify.
And it doesn't matter.
It can be in real life events and concerts, or it can be virtual ones.
It doesn't really matter.
Maybe metaverse ones can work as well.
So what will happen if you do have a ticketed concert
or event that you are able to run through one of these trusted partners
that Spotify works with and that you can bring into Spotify?
Then what they'll do is not only send emails and notifications
to people who would be likely to come and join your concert,
but they will be showing this in the concerts hub
as well as on your artist page So you are going to benefit a lot
from Spotify as organic reach and its 400 million listeners.
If I'm not mistaken,
I think that's probably the most recent number that I could find.
Another very good way for you to consider.
If you are an artist and you'd like to make money on Spotify, is a fan support
and this one is there previously known artist fundraiser.
And here basically what will happen is you can raise money or you can accept tips
in the form of direct monetary deposit from your fans directly.
So if you have a good following or the more you increase your following on
Spotify, you will be able to get to there direct support,
get there a direct appreciation and see how much they love you
by opening up the opportunity for them to directly show their support towards you.
Number four, if you are an artist, and you would like to be able
to make some money with Spotify is a feature, a future opportunity
that is coming up and that is a live exclusive audio route
and basically what this is, is an opportunity for you to create this
exclusive environment, which will be an exclusive room,
an audio room where you can bring your biggest fans
to celebrate something together, like a new release or
the launch of a new album or something like that.
And you will be able to make money within this room by being able to promote
either your new concert tickets or your merch and so forth.
Or you can get direct support from your fans.
There are great ways for you to make money if you are an artist,
and I do hope that you will consider all of them.
Now let's move on and look into ways that you can make money with Spotify
if you are a producer or if you are simply a music fan.
Okay.
Now let's talk about how can you make money if you are a music lover
and you would like to use your talent, your passion to make money with Spotify?
Well, the safest way for you to do that is to apply for a job as a Spotify
playlist curator so you can make money by literally
creating playlists and curating playlists for a living.
Now, there are some
people out there in the
Internet
who are talking about
monetizing a Spotify playlist.
Now, if you read this Spotify Terms and conditions,
you will learn that this is actually illegal.
You cannot charge for placing artists or tracks onto your playlist.
So no matter whether you would do that directly or through middlemen
like well, I won't name them.
There are lots of platforms out there that claim to facilitate
the connection between a playlist owner and artists
who would like to get discovered and be promoted on these play playlists.
My recommendation would be to avoid this route
because you really don't want to get on Spotify as bad side,
which will probably lead to you losing your playlist
if you really love music and you would love to make money
with Spotify playlists, then the safest way to do
that is to become a Spotify curator working for Spotify.
And by the way, if you'd like to know more about how to get a job with Spotify,
make sure you go ahead and watch a video that I made a couple of weeks ago
that I'm going to link in the description box down below and you will be able
to learn everything you need to know in terms of how to get a job with Spotify.
All right. Now let's talk about you.
If you are somebody who would like to speak in public,
if you love talking and having others, listen and maybe you've considered
starting a podcast then.
Absolutely. Think about Spotify.
And that is mainly because, as I mentioned before, Spotify, I have over 400 million
followers, which means that the likelihood of having your podcast become visible
and getting traction and momentum on Spotify is pretty significant.
What you need to understand is that Spotify will not necessarily
pay you directly for your podcast and I know that in other places
you typically get paid if you have a podcast per
thousand downloads, for example,
and depending on the platform, sometimes that's $18, $20, $25.
It varies a lot.
But Spotify will not actually pay you unless you are a very well known
brand or name that they really want to bring on to their platform.
And I know that there was this deal with Amy Schumer
I want to say where they paid something like $1,000,000
just to get her to have a podcast on Spotify.
And of course that makes sense because it brings in more people increases overall.
But Spotify is revenue.
If you're not Amy Schumer
and you would still love to have your own podcast on Spotify,
there are tons of ways that you can monetize that from affiliate
marketing, from doing advertising and product placement in your podcast,
from promoting online courses, from
maybe inviting people to your online events or trainings
There are lots and lots and lots of ways that you can monetize your podcast
and then use the organic traffic that Spotify will be able to bring to you
in order to get your podcast out to the right people
and to get them to come in and click on those affiliate
links and download your books or buy your books
or buy your online trainings and courses and so on and so forth.
All right, guys, thank you so, so much for watching.
I hope this video was helpful.
I hope you learned a few new ways to make money with Spotify.
If you want to learn how to get a job
with Spotify, if that's something that you are interested in.
Until next time, I suggest you go ahead and watch this video where I talk about
everything you need to know in terms of getting hired and getting a job,
even remote so you can work from home for Spotify.
Thank you again for watching.
I hope to see you soon. Till next time. Bye.