How to Make Money on Spotify?

Spotify has become one of the most popular music streaming platforms, with over 595 million monthly active users as of 2024. While listeners can access an extensive music catalog for free, artists are paid royalties when their songs are streamed.

If you’re a musician looking to increase your revenue streams, this app offers opportunities to make money by getting your music on the platform. Even if you’re not an artist, you can still leverage Spotify to earn income.

Getting Your Music on Spotify

The most straightforward way for artists to make money from Spotify is to simply upload your music. You’ll earn royalties whenever your user streams your songs. The more streams you accumulate, the bigger your royalty checks will be.

Getting Music on Spotify

1. Using Distributors to Get on Spotify

You can upload your music directly if you have all the necessary rights and licenses. However, most artists use music distribution companies. They’ll get your songs onto music apps and other streaming platforms, taking care of all the technical specifics for you.

Popular distributors like DistroKid, CD Baby, Tunecore, and Ditto Music make it easy. They also collect and pay your royalties for you so you don’t have to worry about the paperwork. DistroKid and Tunecore only charge flat annual fees while CD Baby and Ditto take a percentage of your earnings.

2. Spotify for Artists

Once your music is distributed to Spotify, make sure to claim your artist profile through Spotify for Artists. Connect your distributor account to access helpful analytics on your streams and followers. It provides vital insights to help guide your career.

Maximizing Your Spotify Earnings

Simply being on a music streaming app will generate some revenue, but you can implement strategies to increase your streaming numbers and earnings.

Maximizing Your Spotify Earnings

1. Optimize Your Metadata

Provide thorough metadata like genre tags and descriptive song information. Making it easy for fans to put your music on Spotify results in more streams. Use relevant keywords and optimize your metadata for discovery.

2. Promote Your Spotify Profile

Once you’ve claimed your artist profile, promote it across your website and social channels. Send fans directly to the page to boost followers and engagement.

Playlists can help new listeners discover your catalog so share those as well. Provide a clickable logo or banner on all your online platforms.

3. Get On Playlists

One of the most impactful ways to earn more Spotify streams is by getting your songs added to popular playlists, especially editorial playlists. Reaching out to influential playlist curators can help you get placements and exposure.

Use social media to connect with industry people and fans who make playlists.

You can also pay for placements on third-party playlists or playlist promotion networks. While it costs money upfront, the stream boost usually results in bigger payouts long term.

4. Run Spotify Ads

Use Spotify’s self-serve ad platform to target fans likely to be interested in your music. Tailor your campaign by location, genre preferences, listening habits, and more.

While advertising isn’t free, you can generate more loyal listeners. Even a small boost can drastically increase streams and revenue.

Making Money on Spotify as a Non-Artist

You don’t have to be a musician with songs to leverage the platform and make money. If you’re looking to earn some side income, consider these Spotify-related ideas:

Making Money on Spotify as a Non Artist

1. Sell Playlists You’ve Curated

Part of what makes Spotify so popular is its playlists. If you have a knack for expertly curating playlists around specific themes, moods, or genres, you can sell access.

Use sites like Listenable or PlayThisSound to monetize your playlists. Fans pay for the privilege of following them and listening to your track picks.

2. Create Custom Playlists for People

Take your playlist curation skills up another notch by offering customized options. Tailor mixes based on someone’s musical taste, lifestyle, or event needs.

You can promote your services on social media or freelance platforms. Make personalized playlists for parties, weddings, workouts, road trips, and more.

3. Curate Playlists for Businesses

In addition to individual consumers, businesses like restaurants, retail stores, gyms, salons, and waiting rooms need playlists.

Offer your expertise to small business owners who want unique ambiance music themed to their brand. Bars, coffee shops, hotels, and co-working spaces may also hire quality playlist creators.

4. Sell a Spotify Podcast Sponsorship

If you have a podcast unrelated to music, you can still leverage Spotify’s platform. Produce your podcast and upload it to Spotify++ exclusively or alongside other networks.

Because it allows you to embed ads, you can sell sponsorships at a set CPM rate to brands relevant to your podcast niche.

Conclusion

While Spotify might not pay the highest music streaming royalties, there’s still real money to be made from the platform as an artist. The key is driving listeners to your artist profile and maximizing streams.

For non-artists, selling curated playlists, custom playlist creation services, or Spotify podcast sponsorships offer ways into the revenue stream as well. Where there’s music and listeners, there’s money to potentially earn.

Frequently Asked Questions (FAQs)

How much do artists make per stream on Spotify?

Per stream rates vary but artists are said to average between $0.003 and $0.005 per Spotify stream. Top artists might earn $0.007 or more.

Can you make money from Spotify playlists?

Yes, you can sell access to playlists you create to fans who want to follow your track picks and curation. Businesses may also pay you to produce custom playlists fitting their brand.

How many streams do you need to earn minimum wage on Spotify?

Estimates indicate you need between 289,000 and 553,000 Spotify streams per month to earn the U.S. federal minimum wage of $7.25 an hour. Amounts vary based on per-stream rates.

Can you earn money from Spotify if you’re not an artist?

Non-artists can sell curated Spotify playlists, create custom playlists for people and businesses, or monetize a Spotify podcast by selling sponsorships if you don’t have music available to stream.

What are the requirements to get your music on Spotify?

You’ll need all the rights to your music or explicit permissions from co-writers, publishers, etc along with ISRC codes for each recording. Most musicians use a music distributor like DistroKid or CD Baby to handle the technical process.

Relevant Guides And Tips