Ever wonder how musicians and music instructors make extra money? Some find ways to make decent side income doing gigs here and there, but many rely on lucrative contracts with businesses. The number of small businesses searching for music instructors has jumped up by 89% from January 2018 to March 2018 according to Neustart.com.
Why are people flocking to teach music online? The demand for virtual music lessons has increased by 43% from 2017 to 2018 in the U.S. alone, according to the market research firm Tovala.
And you can make a lot of money teaching music. According to an article in the Los Angeles Times, you can make up to $16,000 a month, teaching two online music classes a day, five days a week.
Here’s how you can make money as a music instructor online.
1. Find A Niche
The first thing you need to do if you want to make money as a music instructor is to find a niche. You can start by teaching music in your own home studio or in a small group setting, such as a piano studio. If you’re really good, you could do both. You can also try offering online guitar lessons in a virtual classroom setting such as JioBooster.com, TakeLessons.com or SkypeMusic.com.
However, if you’re truly passionate about teaching music, you might want to take the road less traveled and become a freelance musician or bandleader. You can do this by first earning a reputation as a top-notch musician in your area and then establishing yourself as an expert in your chosen field.
2. Build A Following
The next step is to build a following. You can do this by hosting seminars and workshops in your area, making YouTube videos and sharing your knowledge with others through social media.
You’ll need to put in the time to build a following, so be patient. In the meantime, you can look for ways to earn a little bit of extra money, such as taking online surveys or participating in micropayment projects such as Patreon or Survey Junkie. You can also start a blog to build your audience.
3. Sign Up For An Affiliate Program
An affiliate program is a way to make extra cash by recommending products that you’ve tried and enjoyed and also make money from those purchases. You sign up for an affiliate program or a network of affiliate programs and then when someone buys a product that you’ve recommended, you get a commission.
The easiest way to find an affiliate program is to click on affiliate links at the bottom of blogs and websites you read or visit. You’ll see offers to become an affiliate for nearly every product from camera bags and headphones to health supplements and travel packages. You can sign up for these affiliate programs simply by clicking on the links (most of which are free) and completing the easy registration process. You’ll then get to choose how you want to be paid (cash or gift cards) and can start making money by promoting products you enjoy.
The biggest advantage of becoming an affiliate is that you don’t need to have any special training or expertise to make money. You just have to be willing to promote products you believe in and enjoy and earn a commission when someone buys them. You can also start an affiliate marketing business and make a decent living from home. If you don’t have the time or expertise, other options include getting an agency job or selling your own goods (t-shirts, mugs, etc.) to support yourself.
4. Start A Blog
A blog can be a great way to make money online. Not only can you write about what you know and enjoy, but you can also link to product reviews, articles and other helpful information as needed. This is especially convenient if you want to create a resource for others in your area of expertise.
Blogs can be used to establish yourself as an authority in your field and can also be helpful in drawing potential customers to your website. A well-written blog post can do wonders for your affiliate marketing efforts as well. If you don’t have the time to create a quality blog post, try out a free blog hosting site, such as Blogger.com. You can then use an online tool, such as Hootsuite, to curate and schedule content across your social media accounts.
5. Start A YouTube Channel
YouTube channels are becoming an essential part of anyone’s online presence. According to HubSpot Blogs’ research, videos on average get about 140% more views than a regular blog post. Moreover, videos that are posted regularly attract about twice as many viewers as those posted occasionally. This makes them great for reaching an audience and encouraging them to come back for more.
Building a YouTube channel takes time, but you can start by simply creating compelling educational content on a variety of subjects, such as music theory, instrument training and technique, etc. The key is to find a way to engage your audience by being honest and transparent while also being helpful.
The most effective way to make money online is to develop a skill that can be bought and sold. Like many industries, the demand for online music instructors significantly outweighs the supply. Those who can fill this need and have the ability to scale will be able to make a good living, offering their expertise to those who need it. And, for those who want to follow in their footsteps, there’s no time like the present.