There are
many ways to monetize your song(s) beyond the obvious and ambitious goal of selling
a couple hundred thousand records. The option we talk about most often is
licensing/publishing. However there are smaller things you can do to
(hopefully) pick up a few more bucks here and there by milking every penny from
each track. One thing to consider if you’ve already tried licensing/publishing
is to remove the vocal track from the recording to make the song more generally
usable for potential buyers. This is also a great solution if you have already
be hesitant to go down this path because of possibly offensive lyrics or if
your voice is more “distinguished” and not necessarily agreeable for a wide
audience. You could also record alternate versions of the song – live or
acoustic for example – and release them as b-sides or feature them as a fan
club/crowd funding perks.
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