How To Maximise Profit Margins As An Independent Artist on Tour

Going on tour remains one of the most reliable revenue streams for independent artists. Yet, it no longer guarantees a healthy profit margin. With the cost of living crisis tightening the wallets of fans and inflation spiking everything from petrol to pints, squeezing every penny of profit from the road has never been more critical. As audience numbers waver and disposable incomes shrink, independent artists must become more resourceful than ever. This blog won’t sugar-coat the realities of touring, but it will show you how to make it through with your bank balance intact and your spirit unbroken. 1. Travel Smart: Save Your Back and Your Bank Account You don’t need to be slumming it in a Vauxhall Corsa packed with gear to keep costs low, but there’s no sense in blowing your budget on transport. Touring doesn’t have to mean burning through diesel or racking up hotel bills for the sake of a touch more comfort. If you can split a van hire with another band going the same route or opt for a compact but reliable vehicle with decent fuel economy, you’re already ahead. Car shares, eco-lodges, or staying with mates and fans can drastically cut costs. Just […] The post How To Maximise Profit Margins As An Independent Artist on Tour appeared first on A&R Factory.

Musventurenal

0 2

Going on tour remains one of the most reliable revenue streams for independent artists. Yet, it no longer guarantees a healthy profit margin. With the cost of living crisis tightening the wallets of fans and inflation spiking everything from petrol to pints, squeezing every penny of profit from the road has never been more critical. As audience numbers waver and disposable incomes shrink, independent artists must become more resourceful than ever. This blog won’t sugar-coat the realities of touring, but it will show you how to make it through with your bank balance intact and your spirit unbroken. 1. Travel Smart: Save Your Back and Your Bank Account You don’t need to be slumming it in a Vauxhall Corsa packed with gear to keep costs low, but there’s no sense in blowing your budget on transport. Touring doesn’t have to mean burning through diesel or racking up hotel bills for the sake of a touch more comfort. If you can split a van hire with another band going the same route or opt for a compact but reliable vehicle with decent fuel economy, you’re already ahead. Car shares, eco-lodges, or staying with mates and fans can drastically cut costs. Just […]

The post How To Maximise Profit Margins As An Independent Artist on Tour appeared first on A&R Factory.