By Evan Barrett
With the cost of home music studios coming down dramatically, millions of musicians have gained access to an affordable way to record their music.
At the same time, this digital revolution leads to more new video content created each day than you could watch in a lifetime. From podcasts to Youtube, from Netflix to Snapchat Stories, all of this new content needs background music.
And that’s where stock music comes in. Stock music is affordable music written to fill this growing need.
Because videographers can’t legally take an existing song and put it in their videos, a whole marketplace has opened up for songwriters like you and me to license our songs consistently.
I should know, I’ve been making hundreds of dollars a month in passive income doing it!
Here are the basics:
First you write and record good music – but it does not need to be a Billboard Platinum hit. In fact, the best selling songs seem to be those that convey a consistent emotion (joy, sorrow, excitement).
Third, in order for people to find your songs, the most important thing to do is to spend a lot of time thinking about how you tag each song with keywords (you can download a free guide to keyword tagging here).
Finally, you’re going to want to rinse and repeat. To start earning consistent money, you need to upload hundreds of tracks.
But trust me when I say that there is no feeling as good as knowing that your music is out there getting heard – and that people value it enough to pay for it!
Guest Bio: Evan Barrett
Evan is an attorney by day —and Barrett’s his middle name, not his last name— but side hustles as a musician by night. He’s earned thousands of dollars in passive income through music licensing, and his songs have been used by clients like NPR and Verizon. He’s passionate about teaching other musicians how to license their music.
Guest Contact: Evan Barrett