Time just seems to fly by and it’s already been six months since the last time I made an income report. I have uploaded my new music to a bunch of new stock music library’s and the result is more sales.
I’m now listed at 13 music libraries and most of them have 20 or more of my tracks listed.
The results
I now have a total of 25 tracks online. Here are my total sales since I started composing and selling stock music in February 2012:
Pond5 has sold 15 tracks – $313
RevoStock has sold 20 tracks – $283
Productiontrax has sold 14 tracks – $448
TuneFruit has sold 1 track – $50
Youlicense has sold 2 tracks – $40
TheMusicAse has sold 2 tracks – $46
YookaMusic has sold 1 track – $33
In total $1213 in sales
Keep your portfolio fresh to ensure sales
It’s very important to keep uploading new music if you want to make sales. When I’m active and upload new music its very clear that the sales picks up. Being listed at the front page in the “new tracks” section is quite important.
It makes sense that buyers prefer fresh tracks, but some of my oldest tracks are selling just fine – the key is to get more views. There is however no easy way to get more views or at least I have not found it yet, please enlighten me if you have 🙂
Find clever ways to promote your music
I have seen one composer who finds a beautiful video, adds his music and then post it on YouTube with a link to his stock music portfolio . This leads to lots of sales and is a great way of getting attention. Others just keep hammering out awesome tracks, are good at finding small niches with a lot of demand for their music or great at networking and thereby get placements for their music.
In a year I have made $700 from my 25 tracks
Since February last year I have made $700 from my 25 tracks. Not an impressive number and I don’t even want to think of my hourly rate ;-). To really make a difference in sales I would have to treat my music as a business which I in no way have done in the last year. I had a ton of fun working on my music project, but from a business perspective this sure is an uphill battle.
The tough part is the time you have to spent to create the product – in this case composing music. I typically spend 5-10 hours on a track. I might get faster over time, but creating good music takes time no matter how skilled you are. The good thing is that you can keep selling your tracks over and over, but the time spent on creating a big portfolio quickly adds up.
If I look only at the money perspective I should:
- Compose a new track every 2nd day
- Compose mostly for the corporate genre
- Compose some simple piano tracks
- Make some short logo effects
But to be honest that would not be much fun and for me that’s quite important when it comes to this project. Will I ever make a full time living from composing library music? I’m beginning to doubt it, but who knows what the future might bring.
One thing I am sure of is that I will keep on composing music. It’s one best things I know and I want to make sure it stays that way. Making some extra cash is just an added bonus. Maybe I will spend the $700 I made in a year on a vacation or some new samples – either way is awesome 🙂
Have fun making music!
Thank you for this info. I just started to look into licensing my music as well. I see your payouts for the music sold BUT was any of this from film or tv people who will also pay you royalties OR just a 1x payment and nothing on the back end?
Hi Ricky and welcome to the blog
I’m not with a PRO at the moment so the payouts are only from the upfront payment. Some of my tracks have been used in commercials, but mostly the libraries don’t tell you what the music is used for.
I know from composers who make a living selling their music at libraries that they get a part of their income from the back end royalties. One full time composer told me he got around $100-$150 a month from the back end. This number is of cause totally dependant of what your music is used for. It can however take a very long time to get it – waiting a year or two is not unusual.
An interesting article, thanks. I like the idea of using YouTube to promote my stock music portfolio, but I don’t make my own videos. You mention one composer who finds beautiful videos and then adds his music…do you know where he finds these videos?
I think some composers simply buy video loops at sites like pond5 and then used it to promote their music. Like this one: https://www.youtube.com/watch?v=uY7x-C_NCDc
I have also seen composers who uses video footage from Vimeo that is published under creative commons. http://vimeo.com/creativecommons.
It would also make sense to make contact with video producers and ask them if you can use their footage to promote both your music and their video. They would then of-cause get a link in the description as well, telling viewers where to buy.
Royalty free music with a good video generally has more views and comments on YouTube. Deffinantely worth looking into. 🙂
http://www.alunablue.com/ also has lots of great video loops and sometimes freebies. hope everyone is well! been a while since anyone has posted. i am composing away! now have 3 libraries asking me for certain types of pieces. fun!
Thanks for the link.
Yeah not much have been going on here the last month or so. I have been busy working on other stuff, but I do have a few new tracks in the works.
Among other things I’m having lots of fun with some great free synth plug-ins. Tyrell 6 is now my favourite free synth. Amazing for a free synth, very good sound quality and many options for creating your own sounds.
Hey guys! Nice to see some “movement” here again!
Hope you are all doing good. Things are going well for me.
I have a question for you. I’m trying to expand the number of libraries to be involved with (as you all are, I guess).
But it’s hard to find decent libraries that are worth it.
So, for now I am involved with:
Audiojungle (but I’m not submitting anymore with them, prices too low), Pond5, Tunefruit, Luckstock, Music Revolution, Musicloops, Tune Society, Productiontrax, Stockeon, Musicase, Revostock, Yookamusic, Youlicense, Beat Orchard, Muziko.
Some of these libraries sell quite well, some don’t, some don’t sell at all.
I abandoned AudioMicro (prices too low) and MillionDucks. I am also abandoning Clip Dealer.
So, any suggestion about other libraries to apply to? No YouTube content Id, though ….
If you need me, I would be happy to tell you about my experience (so far …) with the ones above.
Cheers!!!
If you go to the music library list an scroll down to “Libraries where I would like to have my music listed” you might find a few worth looking into 🙂
And if any of you found some great new libraries? you’re more than welcome to share them in the comments. I will then add them to the list as soon as possible.
hi!
actually i have sent an email asking to leave revostock and musicrevolution. they were pretty useless…
i’m staying on pond5, audiojungle, productiontrax and melodyloops
P5 and AJ are more or less the same this year (about 300$ each since january – but my sales are slowing down). melodyloops is slower but still i sell some loops earning 4.4$ each now and then. i made something more than 100$ in 2 years but still better than 0 and with limited effort.
also productiontrax is useless (20$ in 2 years!!) but i didnt figure out how to close the account yet…
there was this interesting article on AJ forum some time ago:
http://audiojungle.net/forums/thread/exclusive-vs-nonexclusive-finally-answered/133771
the result was to not being exclusive on a single library, and that P5 and AJ are still the better ones.
sorry: on melodyloops it was something more than 100$ in 1 year, not 2!
i have more than 100 tracks submitted, but most are audiologos and sound effects
if you have positive experience on other libraries please tell us! )
Thanks for the update. I am not getting great results with any of them these days. If I sell $100/month I’m happy. Last month I made over $200. Revostock usually does well but recently has stalled. Selling music this way is nice spending money but no way to make a living. I am doing better knocking on music library doors and getting into them. Am custom composing more and hope to see some PRO royalties this quarter. Income this way is definitely not an overnight thing!!
Revostok is closed. Look the letter in the web….
Yep Revostock is now gone.
EagleCinematics will get and update soon, so all libraries are updated and the links are working again etc. 🙂