What Are the Best Ways to Make Money on SoundCloud?

The majority of people are unaware of this, but it is true! These days, being an artist may be financially rewarding. All you have to do now is figure out how to make money on SoundCloud.

Independent artists like SoundCloud because it is the first music streaming platform that allows them to monetize and profit from their work. You weren't aware of it? It's about time you looked into how to make money on SoundCloud as an artist.

It happened in 2018, at a time when the popularity of music streaming services was constantly increasing, but no platform was thinking about assisting artists. SoundCloud Premier, a direct monetization platform for independent music creators and composers, was established at that time.

SoundCloud's premiere pushed the platform's already astronomically high popularity even further, and it quickly became the platform of choice for artists. Thousands of musicians are now getting compensated for doing what they love, and Soundcloud is to thank for it.

So, if you believe your music has commercial potential and you want to profit from it, this article is for you. We'll show you how to generate money on SoundCloud, go over the prerequisites and process for monetization, and offer some advice on how to make a lot of money.

Is it Possible to Make Money on SoundCloud?

Yeah! You can undoubtedly make money on SoundCloud if you match the monetization criteria and haven't broken any of the platform's rules yet. All of SoundCloud's independent musicians have access to a simple monetization platform called SoundCloud premier.

All you need to do now is apply for the program and wait for it to be accepted. You'll be able to earn money from your live streams and track plays if you join the SoundCloud premium membership. You may also provide a link to your tracks and send viewers to your website to purchase your music.

Famous musicians such as Post Malone and Lil Uzi Vert profit from the SoundCloud monetization program, with a combined revenue of more than $50 million. It demonstrates that not only can you make money on this platform, but you can also build a fortune via your talent.

Requirements for SoundCloud Monetization

So, we know it's feasible to make money on SoundCloud, and we have proof in the form of some well-known artists. But, how do you get your SoundCloud content to be monetized? To be honest, not much! All you have to do now is check sure you're qualify for the SoundCloud premium program, and if you do, you may apply for monetization.

The following are the prerequisites for SoundCloud premier:

• The artist must post tracks that he owns from his own account. SoundCloud premier is not available to accounts with a large number of followers.
• The artist must be at least 18 years old.
• A SoundCloud Pro account is required for artists.
• Before applying for the SoundCloud premier, the artist must have at least 5,000 track plays in the previous month.
• Without any copyright issues, the artist's content should be unquestioned.

Did you just claim you meet all of these requirements? So, instead of wasting time, let's go right into the process of selling a music.

SoundCloud tracks can be monetized in a variety of ways.

After ensuring that you're eligible for monetization, whether you're an indie musician, a rapper, a podcaster, or a disc jockey, you may sign a contract with SoundCloud prime and begin earning money from your tracks.

You must submit a request to allow monetization on a track, and if it is accepted, a blue tick will appear beside that track, indicating that you will now be paid for every play it receives. Here's how you can make money off of your music:

Step 1: ‘Login’ to your SoundCloud profile and navigate to your tracks page.

Step 2: Now, click on the ‘Edit Tracks’ button.

Step 3: Go to the ‘Monetization’ tab and enable the monetization for the tracks you want to generate money through.

Step 4: After that, fill in the metadata for those tracks, or revamp the current one.

Step 5: Click on the ‘Save’ button to finish the process. If your application gets accepted, then you’ll be notified in 24 hours, and a blue tick will appear next to your tracks.

You'll be paid for every stream once monetization is enabled on your track, and the amount you make will be determined by the tune's potential.

What Are the Best Ways to Make Money on SoundCloud?

As previously said, the amount of money you make on SoundCloud is determined by the potential of your recordings. The more money you make, the better your music perform. Isn't it true that if you update and optimize your tracks, you can increase your revenue and make a lot of money?

That's why we've compiled a list of the most effective tactics for improving the performance of your tracks and boosting your revenue by a significant margin. All of these methods have been tried and confirmed to work, so start using them right away to start making more money.

1. Continue to improve your tracks
SoundCloud is unquestionably the best music streaming platform of all time since it assures that its listeners receive only the highest quality tracks. You may be making fantastic tracks right now, but you must continue to improve them in order to survive and make money.

Make note of any errors you made in earlier tracks and correct them. This will not only make you a better artist, but it will also improve the quality of your tunes, resulting in more plays and more money for you.

2. Make Use of Social Media Platforms to Disseminate Your Music
You must increase the reach of your tracks in order to produce more cash, and you must do so by promoting them on social networking sites. To acquire more plays on your monetized tracks and thus create more cash against streams, share the link with your friends and followers on networks like Instagram, Facebook, Twitter, and Snapchat.

3. Upgrade to a Pro Unlimited Account.
To be eligible for the SoundCloud premier program, you must have a Pro account, but if you upgrade to Pro unlimited, you'll gain a lot more bonuses and access to incredible tools like sophisticated audience insights and statistics. You'll be able to keep track of your account's metrics and see how well your tracks are performing after you access this feature.

You can compare your previous month's stats to the current month's numbers to discover if you're improving or not. There are also other fascinating features of a Pro or Pro Unlimited membership that will help you better create and promote your tracks, resulting in a higher revenue share.

4. Always include a purchase link with your songs.
Don't rely solely on SoundCloud profits; always include a buy link with your music, which your audience can use to visit your website and purchase your tune. This strategy will help you generate more money and boost your music's commercial value.

5. Include advertisements in your tracks
When a listener hears an audio commercial while listening to a podcast, SoundCloud compensates the artist, and the ads pay well. That is why you should enable and embed advertisements on your tracks so that you can earn money by assisting brands and businesses in marketing their products.

So there you have it: the tips that helped musicians make more money on SoundCloud. Remember that all of these methods need consistency, so if you want to enhance your track sales and monetization revenue, you'll need to implement them on a regular basis.

SoundCloud Pays How Much Per Stream?

SoundCloud has certainly helped musicians to monetize their work, but it's also true that unless you're quite well-known, you won't be able to make a lot of money on the platform. It's difficult for struggling musicians to make enough money via SoundCloud monetization.

Why? Because most independent artists start from scratch and don't have a large fan base to rely on SoundCloud for a steady income, it's the one thing you'll need the most.

But, in reality, it's not that horrible. For 1000 plays, SoundCloud now pays between $2.50 and $4.00. Imagine putting in weeks of effort to create a tune, only to get paid $200 once it receives 50,000 streams.

To improve their financial value, experts advocate selling tracks separately and marketing them on SoundCloud. You may put your SoundCloud fan base to good use by starting to sell things during your stream, which can be pretty profitable.

Conclusion

Being an artist and being a well-paid artist are two completely different things, and we all know which is preferable. So, you're lucky that you read this article and learned how to make money on SoundCloud. We hope you put everything you've learned today to good use and earn a living doing something you enjoy.

If you have any questions about this article, please leave them in the comments area or contact us through our social media outlets, and we'll respond as soon as possible.