4 Key Factors To Successful Record Label Management

The recipe for a successful record label, no matter how big or how small, involves many ingredients. Too many to mention here but if you had to narrow it down to the most crucial points you will find the following key ingredients to successful record label management.

Having Talented Music Artists On The Roster,The Resources Available For CD Production,The Power To Distrubte Music Straight Into The Consumers Hands,The Ability And Resources To Successfully Promote Music Artists.

1. Recording Artists

Number one on the list to running a succesful record label is to have a talented roster of music artists. This not only involves finding extremely talented artists with commercial potential but also establishing contracts between the two, where the two party's involved are both happy with their part of the agreement, thus resulting in an extremely harmonious and rewarding relationship.

The contract between artist and label should cover topics such as album production fees and spending budgets, recoupable revenue from sales of tickets, albums and merchandise etc, distribution of music royalties as well as possession of publishing rights and profits.

2. CD Manufacturing

It is usually the role of the record label to take care of the manufacturing of records and Compact Discs. If you are planning on setting up a record label you should be certain to possess the resources available to create and manufacture your artists' music. After all this is an important part of making money for your label. If you are only a small-sized label you can find CD manufacturing plants which will meet the needs of smaller sized record labels and even offer pressing discounts that come with product packaging and art work at affordable rates. Now a days this whole process can be avoided due to the popularity of digital downloads.

3. CD Distribution

Distribution will get a label's music straight into the palms of consumers. Distribution is paramount to earnings for any recording label. With regard to physical goods like CD albums, you must get them straight into retail stores and then directly into the hands of shoppers. With regard to downloadable music, you should make your products there for web sites (such as apple iTunes) which will sell the songs on-line. Direct selling is one other money-making path for a music label in selling their music.

4. Artist Promotion

Promotion is yet another crucial component to generating product sales. The music label utilizes mass media outlets such as music publications, web sites, radio campaigns, live performance tours and private appearances. You should understand the actual demographics for your niche and after that market appropriately. A solid marketing and advertising campaign will enhance ticket and record sales.

If you found this songwriting article interesting and would like to learn some more tips and techniques then why not check out Free Songwriting Tips.

Craig S.

http://www.world-of-songwriting.com/

Professional Songwriter & Musician.

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Plan for a Successful Album Release Party: Developing a Time Line

An Album Release Party is a big event for most bands. It is almost like planning for a wedding. It takes time and good planning. There are numerous duties that need to be done and numerous deadlines that must be kept and monitored. To have a great album release party, put together a time line or a project plan.

Include the following items in your plan:

Date of the album release and availability: Most groups have their new album available at the time of the release party. Although this is not an absolute requirement, if you choose to have it available, make sure you have a solid commitment from your supplier. Plan to give them some extra time just in case!

Venue availability: Many venues are booked long in advance for Friday and Saturday nights. Plan accordingly. Search for a venue early on place this item near the top!

Promotional material: It takes time to develop promotional material. You need a graphic artist, a photographer, a layout, the proper text, a biography for each of the band members, you get the picture. This material takes time to develop and the less time you have the more expensive it gets. So, plan ahead and pull in some friends but budget time in you time line!

Food Planning: Even though it is simple, you need to put it on the time line. You need to actually choose the menu, contract or arrange for a caterer, etc. If it is a simple affair, this will not take a lot of time, but none-the-less, put it on the project list and allocate some time to it!

Web development: This one is highly variable. And, it is likely to be contracted out. But a good web page can take a few weeks of time for the web designer. You will have some initial communication and then a back and forth communication with the developer as you edit and redo portions of it.

Written Invitations: These can be ordered, custom designed, hand-made, ready made or printed at home, the solutions are endless. Budget some time early on for this so they can be done in plenty of time to send them out.

Electronic Invitations: Other than the images that you include, this is a rather quick form of communication. Electronic announcements should be sent out about a month prior to the event date, again each week and then the day prior and day of the event. This ensures the highest attendance.

Guest list: Creating a guest list is usually not difficult as it includes your fan base to start with but then adds in the media people, local bloggers, local DJs, radio station personalities, music reviewers, celebrities, critics, A&R people, reporters for the music sections of the local press, and others who can help spread the word about your new release. Some of these people may need a personal visit and especially a personal hand written invitation! Place this on the project list and assign it a time!

Posters: Lots of posters!!! Give these several weeks. Most of the design work will be already done as they will have the same type look and feel as the other written material but remember that posters can cost a lot. If your printer has more lead time, he will tend to be less expensive. Rush jobs cost a lot! So budget some time and save some money! Posters should be plastered all over the place!

Detailed plan for the day and evening of the event: Make sure you plan out every minute leading up to the event. It takes time to set up the venue, decorate, prepare food, set up the PA and arrange the tables for the CD sales. A detailed work plan of who, when, where and how is needed. Don't forget extra extension cords, tape to tape down wires to avoid tripping, cash box, small denomination bills for change, business card sized list of your future concerts, etc. And make sure you have a few extra people lined up in case someone becomes ill or has an emergency and cannot attend.

Time to celebrate:

Remember beyond all of the sales and glitz and marketing, an album release party is a time to enjoy the fruits of your labor. Plan time to actually enjoy the people you invite. Take time to mingle, talk to old friends and celebrate!

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