Launched in 2007, Soundcloud is one of the most popular online audio sharing platforms in Germany. It is designed to allow people to upload, market, and share audio. Due to its awesome services, the platform attracts over 175 million users every month. This has made hundreds and thousands of independent artists to see it as an opportunity to grow. Although it wasn’t made to generate money for the artist, the platform recently announced that musicians could open Soundcloud premier for monetization purposes. This means that you will get paid for streams generated on your account, but only after signing up a SoundCloud premier agreement. Thus, if your tracks already had millions of streams before signing the premier agreement, it won’t be counted. To enjoy these benefits, your monetization must show a blue $ sign.
How much money does SoundCloud pay?
If you want to earn with SoundCloud, you will have to pay a hosting monthly membership fee ranging from $8 - $16. The good news is that audios uploaded can generate money within minutes. According to the research, musicians can receive up to 55% net income for the audios uploaded. This means if you make up to $1000, the platform will benefit by 45% and receive $550. This is somehow considerate comparing to other platforms that share the revenue by up to 50%. Remember, these benefits only apply to musicians based in the UK, Australia, Germany, the US, Canada, France, Ireland, New Zealand, and the Netherlands.
Where does the money come from?
Usually, you need to keep in mind that the money generated by the platform depends on subscriptions and advertising. Thus, the money you receive is tied to the amount generated by the platform.
How many plays do you need on SoundCloud to get paid?
For you to be a premier member, you should be a good independent artist or creator with a pro unlimited or pro account showing a minimum of 5,000 plays in the last one month. Besides, you must be 18 years, and your account must not have copyright infringement. How much do you receive? According to an interview by Techcrunch, the platform didn’t respond to question about how much their users receive per 1000 premium subscription or ad-supported streams. Thus, there is a need for SoundCloud to offer their users more reasonable payouts. It can be something like $3 per 1000 streams.
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How much does repost pay for SoundCloud plays?
Soundcloud repost allows labels and artists to share music, grow audiences, and make cash. SoundCloud for repost gives you a chance to share your work to 25+ music store like Apple Music, Spotify, and more. For repost, you have to pay up to $30 every year to enjoy all the useful features that can help you earn money and grow your career. You get up to 80% of all the income generated through our reposts.
Is there any difference between repost by SoundCloud and SoundCloud premier?
Basically, repost by SoundCloud and SoundCloud premier enables you to generate money on the platform. However, repost is for individuals who are considering expanding their audience base beyond SoundCloud.
How and when do they pay?
Soundcloud platform pays the artist as fast as they can. Generally, your first payment is sent within 45 days. After that, the money you get is sent at the end of the next month to your PayPal account. Thus, you have to provide a valid PayPal address before considering the agreement.
How to get started on Soundcloud
Selling your work on SoundCloud is easy. You only need to follow these steps:
- Creating sellfy store
It is an e-commerce site recognized for its great built-in marketing tools and straightforward interface. Using sellfy helps you develop a list of tracks you want to sell in a few minutes. Creating a store with sellfy requires a mail and a password.
- Add links to your profile
For you to drive traffic, you will need to add links to three different areas. First, to your audio description, links in your bio, or buy link.
- Use other channels to boost sales and advertise your shop
Soundcloud is one of the awesome areas to drive sales and market your business. In fact, research has that SoundCloud visitors are 62% most probably going to purchase links. However, that does not limit you from selling on other platforms. You can use these two additional techniques to market your shop. First, consider other social media to boost traffic and utilize sellfy’s built-in features to increase sales.
Conclusion
If you are looking forward to making some bucks with your music, you can consider using SoundCloud. And although its premier program offers a unique way to make money, the most important thing is sales. Just make your audio available on sellfy and link it with your SoundCloud account. You can buy social media followers or likes from here to get started.