Article: 8 Ways to Make Money with Music
0. Article Intro 1. Busking 2. Gigs & Touring 3. Sell Your Merchandise 4. Record & Release Your Music 5. Record & Produce Other Artists 6. Manage or Promote Events or Clubs 7. Mentor Other Musicians 8. Build a Music Business
CLUB & EVENTS PROMOTER/MANAGER
Market Potential
Events within the Music Industry are vital for both artists and for admires. They serve as a home for like-minds to connect through a shared interest of art but also provide a platform for promising artists to gain valuable experience—performing at a higher level. In a report from the 2017 Melbourne Live Music Census, Melbourne has more live music venues per capita than any other city in the world with over 73,000 gigs annually, 553 live music venues and $1.42 billion spent in small venues, concerts and festivals.
Earnings Potential
Operating as an event manager can work well for individuals with a stake in the business and it can be a way to leverage and position your name or brand by hiring quality acts as either support acts or headliners. Based on recent job posting activity on ZipRecruiter, the Club Promoter job market in both Docklands Victoria and throughout the entire state of is not very active as few companies are currently hiring. People working as a Club Promoter in your area are making on average $37,700 per year.
Skills and Investment Needed
If being a club promoter is your passion, your best option is to find a club owner who can negotiate a deal with you based on the number of patrons you can attract through your own networks, channels and marketing strategies. An experienced promoter tends to lead into an event manager role as running a successful event requires a diverse range of skills including; project management, budgeting, scheduling, negotiation and vision.