Record Label

The more you spend on your project, the more sales you are going to need.
Say you spend 1000 on recording a album of 12 songs you ill need to sell atleast 200
minimum of the recordings, because of ebsites li!e spotify and itunes you ill not need
to pay for a distributer, you can upload to their ebsite at a 20" of re#enue cost, you
then need to do some promotion, you can pay for professionals at a rate of $000 per
month but there is not a guarentee that your music ill actually sell enough to brea!
e#en hilst you are don %000 or you can promote yourself ith ebsites li!e
&aceboo! or 'outube,(atpiff,Stream and many more, 'ou could also contact a ebsite
called S)T* ho ill come and record you in either a acoustic session, they are
suposedly the ne+t big thing in the music promotion business they ha#e o#er %$0,000
subscribers and 220,000,00 #ies, they record some of the biggest artists in the orld at
the moment and are a platform for up and coming acts, for un!non artists there ill be
a price for them to come and film you normally around 1,0 but the promotion you ill
get for that 1,0 is truely orth it. -t ill help you achie#e the 200 donloads you ill
need to achie#e your recording budget, noadays ith the introduction of home studios
it is #ery easy to ma!e a profit from uploading your music to itunes, you can, record,
edit,master,mi+, distribute and promote right from your computer.
)ecause (omino as a independent label he didnt ha#e to pay the huge costs as he
didnt thin! &ran. &erdinand ould sell more then 1,,000 copies of their album, /e as
able to produce a platinum album on the price of 1,,000 it is e+pensi#e considering
today you can produce one for literally pennies, Larence )ell as able to use out0of0
house companies to promote and distribute the album hich sa#ed salary costs for a
promotion and distribution team, 1hich means he could really be incharge of the o#er
see of e#erything the band ere doing. 2oadays the chance he ould ha#e got that
loan is #ery lo e#en though he used his house as security but no days its alot harder
to ma!e 1,,00,000 record sales that &ran. &erdinand had done, They ere so
successful cause their music as ne but no its all been done, 1here as 3ajour
labels ha#e e#erything under one roof they ha#e a certain person for a certian type of
music, 'ou can set up a independent label really easy noadays because it is so easy to
distribute music, and if you ha#e a product that ill sell ell then you ma!e a #ery good
profit as you ha#e pretty much all the manufacturing costs co#ered and you can be
pretty fle+ible ith hat you spend the profit on just li!e larence bell you could sign
another act to ma!e you e#en more money.
1ith my project being a hip hop genre the mar!et is huge, one of the biggest in fact, the
target audience ould probably be teenagers and adults beteen the ages of 1$0245
because hip hop is biggest ith the younger generation noadays ith all the up and
coming rappers ma!ing music for their ears, 1ith ad#ertising and releasing my material -
ould use youtube as my main ad#eritser, you can pay for youtube to ad#ertise your
material for a small fee, the ne+t main ad#eriser ould be faceboo! cause you can do
endless promotion and as! people to share your material although this is a #ery limited
ay to promote yourself it or!s 6uite ell hen you ha#e a folloing just li!e titter and
soundcloud, the radio stations that ould most li!ely play my material are mostly hip hop
ones li!e 7harlie slof and Lin! up Radio, 1ith that e+pose i ould then release the song
on to iTunes because the target audience i am aiming for !no ho to use the
technology, - ould reach my audience by posting regular updates on my material on
faceboo! and titter and lin! them to my material, - ould use -n house for the most of it
and out of house to distribute the music into stores only.