{"id":22745,"date":"2023-08-17T10:30:53","date_gmt":"2023-08-17T15:30:53","guid":{"rendered":"https:\/\/www.cyberprmusic.com\/?p=22745"},"modified":"2024-02-22T12:21:09","modified_gmt":"2024-02-22T12:21:09","slug":"monetizing-music-livstreams","status":"publish","type":"post","link":"https:\/\/cyberprmusic.com\/monetizing-music-livstreams\/","title":{"rendered":"Musician&#8217;s Guide to Monetizing Music Live Streams"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">In response to COVID-19, and even now after we&#8217;ve made it through the thick of it, many services have stepped in to help musicians make money by monetizing music live streams. Here is a rundown of some tools you can start using across social channels to make money with live streams.<\/span><\/p>\n<h2><b>Tips And Donations Are Great But Selling Merch, Bundles &amp; VIP Experiences = Better!<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Only relying on Tips is not the best way to generate revenue. A live stream is a great time to alert your viewers that there are more options. The key here is mentioning that you have other offers available during your stream.<\/span><\/p>\n<h2><b>No Tips? Build Your List!<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">If they don\u2019t tip or if you feel weird about asking them to buy a bundle that\u2019s okay! Use your valuable time to encourage them to join your email list. This al<\/span><span style=\"font-weight: 400;\">lows you to make money in the future when the world is not in a financial crunch. <\/span><span style=\"color: #ff6600;\"><a style=\"color: #ff6600;\" href=\"https:\/\/www.cyberprmusic.com\/call-to-action-10-ways-to-grow-one-gigantic-mailing-list\/\"><b><u>Here<\/u><\/b><\/a><\/span><span style=\"font-weight: 400;\"> is our post on how to build a massive email list.<\/span><\/p>\n<h2><b>Contribute Some or All To Charities<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">There are so many amazing charities that help musicians specifically such as <\/span><span style=\"color: #ff6600;\"><a style=\"color: #ff6600;\" href=\"https:\/\/www.flipcause.com\/secure\/cause_pdetails\/Nzc4Njg=\" class=\"broken_link\"><u><b>Sweet Relief<\/b><\/u><\/a><\/span>,<u><b> <\/b><\/u><span style=\"color: #ff6600;\"><a style=\"color: #ff6600;\" href=\"https:\/\/www.grammy.com\/musicares\/get-help\/musicares-coronavirus-relief-fund\"><u><b>MusiCares<\/b><\/u><\/a><\/span><span style=\"font-weight: 400;\"> or <\/span><a href=\"https:\/\/www.helpmusicians.org.uk\/\"><span style=\"color: #ff6600;\"><u><b>Help Musicians<\/b><\/u><\/span>.<\/a><span style=\"font-weight: 400;\"> There are also many that are feeding kids or families in need. You can contribute some of your earnings and this may feel better when you ask for contributions for yourself.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Here\u2019s the rundown of tools you are probably already using and how to optimize them for monetizing music live streams.<\/span><\/p>\n<h3><b>Instagram<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">IG is the musician\u2019s favorite platform and I bet you use IG Live. Instagram doesn&#8217;t offer a tool for accepting payments for monetizing music live streams so you&#8217;ll have to get clever.<\/span><\/p>\n<h4><b>Make That Link Count<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">Update your link in your Instagram bio to include a link to where fans can donate \/ pledge \/ tip you. We love 2 tools for this:<\/span><\/p>\n<ol>\n<li><span style=\"color: #ff6600;\"><a style=\"color: #ff6600;\" href=\"https:\/\/linktr.ee\/\"><u><b>Linktr.ee<\/b><\/u><\/a><\/span><span style=\"font-weight: 400;\"> &#8211; add all of your payment links, highlight your other socials, invite email sign ups and even add a video. Here is how Bob Schneider Uses It:<\/span><\/li>\n<\/ol>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-22746\" src=\"https:\/\/www.cyberprmusic.com\/wp-content\/uploads\/2020\/04\/Screen-Shot-2020-04-24-at-6.28.13-PM-768x760.png\" alt=\"linktr.ee\" width=\"467\" height=\"462\" \/><\/p>\n<ol>\n<li><a href=\"http:\/\/lnk.bio\/\" class=\"broken_link\"><span style=\"color: #ff6600;\"><u><b>Lnk.bio<\/b><\/u><\/span><\/a> &#8211; gives you a clean white page where you can type anything you want &#8211; this is how<u><b> <\/b><\/u><span style=\"color: #ff6600;\"><a style=\"color: #ff6600;\" href=\"https:\/\/eli-lev.com\/\"><u><b>Eli Lev\u2019s<\/b><\/u><\/a><\/span><span style=\"font-weight: 400;\"> looks:<\/span><\/li>\n<\/ol>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-22747\" src=\"https:\/\/www.cyberprmusic.com\/wp-content\/uploads\/2020\/04\/Screen-Shot-2020-04-24-at-5.55.25-PM-768x622.png\" alt=\"lnk.bio\" width=\"412\" height=\"334\" \/><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-22748\" src=\"https:\/\/www.cyberprmusic.com\/wp-content\/uploads\/2020\/04\/IMG_3099-355x768.png\" alt=\"eli lev\" width=\"242\" height=\"524\" \/><\/p>\n<h4><b>Ask For A Contribution Old School Style<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">During one of his IG Live streams, Eli Lev panned over to where fans could find him online and tip using a good ol\u2019 whiteboard to make money!<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Here is a great blog post from <\/span><span style=\"color: #ff6600;\"><a style=\"color: #ff6600;\" href=\"https:\/\/www.socialmediaexaminer.com\/instagram-live-for-business-4-tips-to-improve-your-experience\/\" class=\"broken_link\"><u><b>Social Media Examiner<\/b><\/u><\/a><\/span><span style=\"font-weight: 400;\"> that gives great tips on how to improve your IG Lives for you fans.\u00a0<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-28970 aligncenter\" src=\"https:\/\/www.cyberprmusic.com\/wp-content\/uploads\/2023\/08\/Twitch-Heafy-768x364.jpg\" alt=\"\" width=\"648\" height=\"307\" \/><\/p>\n<h3><b>Twitch<\/b><\/h3>\n<p>Lead singer and guitarist for the metal band Trivium, Matthew Heafy uses Twitch to not just connect with his fans in a more intimate and personal way, but to monetize himself and his content. The most popular monetization method on Twitch is their subscription fee. Twitch allows you to charge a small fee for subscribing to your channel in order to see exclusive content.<\/p>\n<p>&#8220;Whether you\u2019re a producer, singer\/songwriter, or instrumental performer, Twitch gives you the space to take the stage and share your talent with the internet.&#8221; &#8211; <strong><span style=\"color: #ff6600;\"><a style=\"color: #ff6600;\" href=\"https:\/\/www.twitch.tv\/creatorcamp\/en\/paths\/music-on-twitch\/\">Twitch<\/a><\/span><\/strong><\/p>\n<p>Other than the subscription fee, Twitch also has <span style=\"color: #ff6600;\"><strong><a style=\"color: #ff6600;\" href=\"https:\/\/www.twitch.tv\/creatorcamp\/en\/paths\/music-on-twitch\/building-your-business\/\">Bits<\/a><\/strong><\/span>, which are digital goods that fans use to cheer you on and show support, and ad support, which you can run during your stream and reap the rewards.<\/p>\n<p>Other artists using Twitch include <span style=\"color: #ff6600;\"><strong><a style=\"color: #ff6600;\" href=\"https:\/\/www.twitch.tv\/leonbratt\">Leon Bratt<\/a><\/strong><\/span>, <span style=\"color: #ff6600;\"><strong><a style=\"color: #ff6600;\" href=\"https:\/\/www.twitch.tv\/postmalone\">Post Malone<\/a><\/strong><\/span>, <span style=\"color: #ff6600;\"><strong><a style=\"color: #ff6600;\" href=\"https:\/\/www.twitch.tv\/kennybeats\">Kenny Beats<\/a><\/strong><\/span>, and <span style=\"color: #ff6600;\"><strong><a style=\"color: #ff6600;\" href=\"https:\/\/www.twitch.tv\/djmissshelton\">DJMissShelton<\/a>.<\/strong><\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-22751\" src=\"https:\/\/www.cyberprmusic.com\/wp-content\/uploads\/2020\/04\/Screen-Shot-2020-04-23-at-4.44.44-PM-768x397.png\" alt=\"bandzoogle\" width=\"509\" height=\"263\" \/><\/p>\n<h3><b>Bandzoogle &#8211; Sell Tickets to Your Live Streams<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">If you are a <span style=\"color: #ff6600;\"><strong><a style=\"color: #ff6600;\" href=\"http:\/\/bandzoogle.com\/\">Bandzoogle<\/a><\/strong><\/span> member you can sell tickets commission-free through your website during the pandemic in order to start monetizing music live streams. The added functionality for virtual and streaming ticketing allows you to include a live stream link and password. This will be sent automatically to your fans once they purchase a ticket. Bandzoogle is offering this commission-free, and payments go directly to you.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-22752\" src=\"https:\/\/www.cyberprmusic.com\/wp-content\/uploads\/2020\/04\/Screen-Shot-2020-04-28-at-5.25.17-PM-768x351.png\" alt=\"soundcloud\" width=\"488\" height=\"223\" \/><\/p>\n<h3><b>SoundCloud &#8211; Direct Support Links<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">SoundCloud has recently added new direct support links so fans can help you now that your tours and gigs and sessions may be cancelled.\u00a0 Direct support links create a \u201cSupport Artist\u201d highlight box on your SoundCloud profile which allows fans to pay you or donate to your crowdfunding campaign. Why is this a great way to make money? Because SoundCloud is not taking a fee for this service and you can connect to Paypal, Shopify, Patreon, Bandcamp, Cash.App, Kickstarter, or GoFundMe.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-22753\" src=\"https:\/\/www.cyberprmusic.com\/wp-content\/uploads\/2020\/04\/Screen-Shot-2020-04-27-at-4.56.52-PM.png\" alt=\"stage.it\" width=\"413\" height=\"395\" \/><\/p>\n<h3><b>Stage.It<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Stage.It has been hosting digital concerts for years. The viewer can either purchase a ticket, or \u201chitch a ride\u201d &#8211; this will let other ticket-buyers know that you\u2019re searching for a ticket and if you\u2019re lucky maybe someone will buy one for you. Chris Daughtry has taken advantage of this platform and he created a fan request concert.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-22754\" src=\"https:\/\/www.cyberprmusic.com\/wp-content\/uploads\/2020\/04\/Jim-768x600.png\" alt=\"bandcamp\" width=\"563\" height=\"440\" \/><\/p>\n<h3><b>Bandcamp &#8211; Sell Bundles!<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">One great incentive you can put together for your fans is a BUNDLE of goodies that you can plug during live streams. Bandcamp allows you to put together all of the music you\u2019ve ever released, plus offer monthly features like special releases and discounts on merch.\u00a0 You can have your fans pay a one time fee or pay by the month.\u00a0<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-22755\" src=\"https:\/\/www.cyberprmusic.com\/wp-content\/uploads\/2020\/04\/Jim-album-bundle-618x768.png\" alt=\"bandcamp\" width=\"369\" height=\"459\" \/><\/p>\n<p><span style=\"font-weight: 400;\">Bandcamp waived their revenue share for 24 hours on March 20th to help artists keep 100% of the money that they could generate. Fans loved the idea and purchased $4.3 million worth of music and merch.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-22756\" src=\"https:\/\/www.cyberprmusic.com\/wp-content\/uploads\/2020\/04\/Screen-Shot-2020-04-23-at-4.48.17-PM-768x380.png\" alt=\"spotify\" width=\"509\" height=\"252\" \/><\/p>\n<h3><b>Spotify\u00a0 &#8211; Artist Fundraising Pick<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Spotify has launched a version of\u00a0 their \u2018Artist Pick\u2019 feature called, \u2018Artist Fundraising Pick\u2019, which allows you to pin a payment destination your fans can tip you.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Spotify for Artists admin users can select <\/span><i><span style=\"font-weight: 400;\">Get started<\/span><\/i><span style=\"font-weight: 400;\"> on the banner at the top of their dashboard to submit their Fundraising Pick.<\/span><span style=\"font-weight: 400;\"> You\u2019ll be directed to a page where you can input your $cashtag, PayPal.me, or GoFundMe link. Artists who use Cash App have a possibility of getting an extra $100 after their first donation &#8211; so if you don\u2019t have a<\/span><span style=\"color: #ff6600;\"><b><u> <a style=\"color: #ff6600;\" href=\"https:\/\/cash.app\/\">Cash App<\/a><\/u><\/b><\/span><span style=\"font-weight: 400;\"> account, sign up now! (It\u2019s Free)<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If you don\u2019t want to collect money, you can raise money for a Music Relief organization like <\/span><span style=\"color: #ff6600;\"><a style=\"color: #ff6600;\" href=\"https:\/\/www.grammy.com\/musicares\/get-help\/musicares-coronavirus-relief-fund\"><u><b>MusiCares<\/b><\/u><\/a><\/span><u><b> <\/b><\/u>or <a href=\"https:\/\/www.helpmusicians.org.uk\/\"><span style=\"color: #ff6600;\"><b><u>Help Musicians<\/u><\/b><\/span><span style=\"font-weight: 400;\">.<\/span><\/a><\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-22757\" src=\"https:\/\/www.cyberprmusic.com\/wp-content\/uploads\/2020\/04\/GifVid-animated.gif\" alt=\"venmo\" width=\"228\" height=\"493\" \/><\/p>\n<h3><b>Venmo QR Codes<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Venmo\u2019s in-app QR codes, which are automatically generated when you make an account, are an easy way to let your fans know where they can tip you.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-22760\" src=\"https:\/\/www.cyberprmusic.com\/wp-content\/uploads\/2020\/04\/IMG_8962-1-1-768x768.jpeg\" alt=\"obs studio\" width=\"460\" height=\"460\" \/><\/p>\n<p><span style=\"font-weight: 400;\">You can even add these into your live stream by using <\/span><span style=\"color: #ff6600;\"><a style=\"color: #ff6600;\" href=\"https:\/\/obsproject.com\/\"><b><u>OBS Studio<\/u><\/b><\/a><\/span><span style=\"font-weight: 400;\"> to create an overlay template.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-22758\" src=\"https:\/\/www.cyberprmusic.com\/wp-content\/uploads\/2020\/04\/GifVid-animated-2.gif\" alt=\"paypal\" width=\"228\" height=\"493\" \/><\/p>\n<h3><b>PayPal.Me QR Codes<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Not everyone uses Venmo. It\u2019s important to give your fans multiple places that they can contribute to you. We recommend PayPal\u2019s in-app QR code that goes directly to your PayPal.Me link. If you haven\u2019t made a PayPal.Me link yet, <\/span><a href=\"https:\/\/www.paypal.me\/\"><b><span style=\"color: #ff6600;\"><u>click here<\/u><\/span>.<\/b><\/a> <span style=\"font-weight: 400;\">To access your QR code, open the PayPal app. Then, click the \u201cMore\u201d icon on the bottom right. Click \u201cGet paid with QR codes\u201d and your QR code will pop up. Save it to your camera roll and start sharing!<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-22762\" src=\"https:\/\/www.cyberprmusic.com\/wp-content\/uploads\/2020\/04\/Screen-Shot-2020-04-28-at-5.49.15-PM-1-768x696.png\" alt=\"patreon\" width=\"504\" height=\"457\" \/><\/p>\n<h3><b>Patreon<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Patreon offers your fans ownership of the project and makes them feel more connected to you. It also builds a community that you can form deep bonds with and gives you something that will bring you ongoing income to ask for during live streams.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">More than 30,000 creators (of all types not just musicians) launched in the first 3 weeks of March 2020 alone, and these new creators are acquiring patrons faster than usual.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You will need to educate your fans on what it is and how to use it.\u00a0 <\/span><a href=\"https:\/\/www.patreon.com\/cloudcult\" class=\"broken_link\"><span style=\"color: #ff6600;\"><b><u>Cloud Cult<\/u><\/b><\/span> <\/a><span style=\"font-weight: 400;\">did a fantastic job when they announced their Patreon and their lowest tier is $3 a month &#8211; see here:<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-22763\" src=\"https:\/\/www.cyberprmusic.com\/wp-content\/uploads\/2020\/04\/Screen-Shot-2019-04-22-at-3.34.41-PM-388x768.png\" alt=\"newsletter list\" width=\"287\" height=\"568\" \/><\/p>\n<p><span style=\"font-weight: 400;\">Building your email list is crucial &#8211; you can add this to your welcome series or make sure you remind subscribers after a set amount of time on your list. For more on how to structure ask emails <span style=\"color: #ff6600;\"><a style=\"color: #ff6600;\" href=\"https:\/\/www.cyberprmusic.com\/email-newsletter-best-practices-musicians\/\"><strong><u>read this.<\/u><\/strong><\/a><\/span><\/span><\/p>\n<p><span style=\"font-weight: 400;\">It\u2019s scary right now, both emotionally and financially. We\u2019re sending you all of our support, and sincerely hope you take advantage of the tools here that resonate to help get you through this unprecedented time. It\u2019s likely that your fans will want to contribute, we hope that we\u2019ve helped you discover new ways to ask them for their support.<\/span><\/p>\n<p style=\"text-align: center;\"><strong>Now that you have your Live Streaming monetization plan here is a checksheet so you can get on with marketing and promotion <span style=\"color: #ff6600;\"><a style=\"color: #ff6600;\" href=\"https:\/\/www.cyberprmusic.com\/live-streaming-marketing-promotion-checksheet\/\" target=\"_blank\" rel=\"noopener noreferrer\"><u>click here<\/u><\/a><\/span> or below to download it!<\/strong><\/p>\n<h6><a href=\"https:\/\/www.cyberprmusic.com\/live-streaming-marketing-promotion-checksheet\/\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-23104 size-medium\" src=\"https:\/\/www.cyberprmusic.com\/wp-content\/uploads\/2020\/06\/LIVE-STREAMING-checksheet-cover-image-768x466.png\" alt=\"\" width=\"768\" height=\"466\" \/><\/a><\/h6>\n","protected":false},"excerpt":{"rendered":"<p>In response to COVID-19, and even now after we&#8217;ve made it through the thick of it, many services have stepped in to help musicians make money by monetizing music live streams. Here is a rundown of some tools you can start using across social channels to make money with live streams. Tips And Donations Are [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":29138,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[136],"tags":[17,563,1408,1416,55,102,1556,1505,523,2125,1557,176,2126],"collection":[2191],"class_list":["post-22745","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-making-money-with-music","tag-ariel-hyatt","tag-ariel-publicity","tag-coronavirus","tag-covid19","tag-cyber-pr","tag-cyber-pr-music","tag-make-money-with-livestreams","tag-make-money-with-music","tag-making-money","tag-monetize-livestreams","tag-monetizing-music-livestreams","tag-music-industry","tag-music-livestreams","collection-making-money-with-music"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Musician&#039;s Guide to Monetizing Music Live Streams - Cyber PR Music<\/title>\n<meta name=\"description\" content=\"Many services have stepped in to help you start monetizing music live streams. 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