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$16.4M in Commission-Free Sales for Musicians

sonfapitch by sonfapitch
June 5, 2024
in Music Production
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$16.4M in Commission-Free Sales for Musicians
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Music website platform Bandzoogle announced that in 2023, musicians made over $16.4 million in commission-free revenue using the platform’s direct-to-fan sales tools. For Bandzoogle and its members, the number represents significant year-on-year growth — a 21% increase from 2022.

The following was created in collaboration with Bandzoogle, a company DMN is proud to be partnering with.

Stacey Bedford, CEO of Bandzoogle, commented that it was ‘rewarding’ to see artists make an incredible amount of commission-free sales via Bandzoogle websites. “One of our main goals is to help make it easier for musicians to make money from their music by selling directly to their fans.”

Breaking down the $16.4 million artist revenue, musicians sold over $8.8 million worth of merchandise — including apparel, CDs, and vinyl. Digital music generated over $1.7 million in 2023, representing an increase of 28% compared to 2022.

However, ticket sales were the most significant area of growth for Bandzoogle’s members.

The platform reports that artists sold $4.1 million worth of tickets — commission-free — via Bandzoogle-powered websites, representing an impressive 102% increase from 2022.

Bedford pointed out that artists are better off selling tickets to events ‘directly to their fans, with no commission taken and no hidden fees,’ adding, “It’s another example of how savvy musicians can use our built-in tools to keep more of their hard-earned money while moving their careers forward.”

Acquired by DistroKid in 2023, 20-year-old Bandzoogle views fan engagement as a core strategy for musicians to generate revenue from their music online.

The platform allows artists and bands to build a commission-free store to sell music, merchandise, and tickets. Artists can manage their physical inventory, offer discount pricing or product bundling, connect with Printful to sell customized print–on-demand products to their fans, choose from multiple shipping and payment integrations, and more.

Bandzoogle’s built-in fan subscriptions feature also represented a significant revenue stream for artists, generating over $800,000 in 2023.

Fans also supported their favorite artists via Bandzoogle’s virtual tip jar feature, donating nearly $1 million to Bandzoogle members.

News of the revenue generated by Bandzoogle members in 2023 comes after the platform recently announced a new EPK Plan, which allows musicians to craft an impactful, single-page electronic press kit in minutes.

Bandzoogle powers over 65,000 websites for musicians, allowing them to earn over $121 million in commission-free revenue to date.

Plans start at just $6.95/month. Artists can try it for free at Bandzoogle’s website here.



Tags: 16.4MCommissionFreemusiciansSales
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