Updated: May 24
In this post, we will discuss some important factors to help you understand how much you should expect to charge as a young musician.
First, as an upcoming artist, you need to have a clear idea about-
Your talent & caliber
How much audience or fanbase have you reached so far
Your current position in the music industry
The talent of any musician is one of the most critical factors to determine their gig price. However, talent is not something that comes from heaven. It could take more than years of regular efforts to develop any artistic performance.
Now the vital point is you can't charge for all your efforts from the first gig you play as a musician. Your talent is the reason for the authority to hire you to perform.
You need to think of these efforts as a kind of investment you made to yourself. From the business point of view, you have to invest in making better earning opportunities continuously as an artist. Your investments are your time, your efforts & money as well.
You might need to travel, buy music equipment, and those things require money investment.
For every musician, their audience and fanbase play the most influential role in determining their value. Thats why musicians always agree that we are nothing without our audience.
Indeed, as a newcomer, you probably haven't reached enough audience to create your demand in the music industry. So, focus on building your fanbase with your talent.
We like to suggest, whatever gig opportunity you have, take it and reach your audience as much as possible. Your audience will not only determine your position in the music industry but also determine your charging amount.