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š§ Love music? Make money curating playlists
here's your step-by-step guide to making money on Spotify
GM. This is Work "After" Work, the newsletter that makes your wallet so fat it won't close.
Itās Taco Tuesday! Letās boogie:
š§ Spotify playlists
š Meme of the day
To the 204 new readers since my last email - Welcome to the WAW fam! Weāre over 35k strong now š
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CURATING PLAYLISTS
If you love music and it always puts you in a good mood then this side hustle could be for you.
Story Time
Last night I was trying to focus and went onto a playlist called Lofi Coding (beats to chill/relax to).
The playlist has over 48,000 saves and it got me thinking... If I was an artist, I would want my music on this playlist. Itās great exposure.
But how would I go about getting on these big playlists? Sure enough, when I started DMāing people offering to pay them to put one of my songs (which I didnāt have) on their playlists I got replies.
And to give you an accurate number of how much you can actually make with this side hustle youāre boy went undercover for the night.
Call me Sherlock Q.
One person I messaged had a playlist with 33k followers and was charging $290 for one song placement.
And they had multiple playlists ranging from 200 - 48,000 followers.
Check out this pricing:
One of the top payments is $290 for an "I'm on aux" playlist that has 33k followers. Meaning if you got just a few requests a week thatās thousands of dollars a month.
There are 8 million artists with 500,000 or less monthly listeners on Spotify.
I know that may seem like a lot but you need way more to make good money as an artist. 500k monthly listeners makes you around $1,500 - $2,500 a month on Spotify. Meaning, all 8 million artists would most likely pay to be on these playlists because it will increase their streams and exposure.
If I were to estimate Iād assume the person I DMd gets 5-10 requests a day. The average pay is around $80 for a single placement. Multiple this by 30 and their monthly income is most likely ~$2,400.
I guess it really does āgo down in the DMāsā
SO HOW CAN YOU CREATE A BUMPIN SPOTIFY PLAYLIST?
Step 1: Pick a niche
The best way to grow a loyal audience is to niche down.
There are thousands of music genres, pick the ones you like the most. This will make curating playlists fun, and even therapeutic.
making spotify playlists is free therapy
ā Kaylen (@kaylennnnm)
7:14 AM ā¢ Aug 2, 2022
A good playlist nowadays should be ever-changing. For something like '80s and 90s rock' - these playlists are already āset in stoneā. You can try to beat them but itās going to be hard.
When youāre picking a niche make it one where youāre continuously adding new songs to keep listeners engaged and coming back for more.
Step 2: SEO the sh*t out of it
There is a playlist for almost every occasion.
Singing in the shower? Yup.
Late night drives. You bet.
Thereās even a playlist for going to Cancun on vacation.
When people search for "chill punk rock" you want your playlist popping up.
So when you're creating a title and description, try to think about what people will type in for your playlist's theme/mood and make sure those keywords are in your title and description.
Step 3: Grow your playlist
TikTok is the place to grow your playlist. Itās already huge on music.
Find creators (relatively small) and pay them $10-$20 to make a 20 second TikTok dancing to your playlist and linking it in their bio.
Trust me this will work for a lot of people. The big creators will millions of followers wonāt take that little but thatās okay. Spread it out amongst a bunch of smaller creators and it will have a similar effect.
Thereās two other ways you can grow your playlist:
Reddit or Facebook Groups - talk about how you ālove this new playlist you found called āPunk Pop Bangers š¤āā in groups like Pop Punk Friends
Colleges - college parties are massive. If you have an upbeat party playlist thatās popular among college kids you can charge artists an ungodly amount to be placed on these playlists. Pay college students to play your playlist at parties and if itās good, it will spread like wildfire through word of mouth. If youāve ever heard of the Big Booty Remix you know what Iām talking about
And once your playlist does get big (1,000+ followers), look into PlaylistPush - they connect Spotify curators with paying artists for placement. You can even get paid $15 to listen to songs!
And thatās all I got! These playlists are run by everyday people like me and you. If you love music and have always wanted to be in the industry, this will get you one step closer.
So, you hoppin into playlist curation? |
MEME OF THE DAY
šš
Forbes 30 under 30 Monopoly
ā Dr. Parik Patel, BA, CFA, ACCA Esq. (@ParikPatelCFA)
9:00 PM ā¢ Dec 3, 2024
That's a wrap ladies & gents!
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DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.
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