If you are at the stage of producing your music and looking for information on the cost of recording an EP or an album, you need to have backing tracks and lyrics properly prepared. The melodies for your song(s) must also have been composed. How much it costs to record an album is not a precise number, of course, but depends on a number of factors. Let us discuss what they are so you can figure out how much it will cost to record your album.
The more you opt for high quality services and equipment, and a studio to record an album, the higher the cost will be. However, if you run your business smartly, you can save a significant amount of dough. Components and areas that require you to take your wallet off include a recording studio (with equipment), a sound engineer, and marketing and advertising. Let’s take a detailed look at their costs.
The cost that a recording studio incurs on your overall budget depends on the studio. There are all sorts of studios available, some of them really top of the line while others are just good enough for recording music. Their rates range from $85 to $500 for a day. There are studios that charge for an entire day, while others charge for each hour you use them.
The average number of days it takes to record an album is seven. An EP can be recorded in 4-5 days, while you can record a single song in a day. If you go with a recording studio that charges $120 a day, your studio expenses will be around $840 for an album, $480 to $600 for an EP, and $120 for a single song.
If that sounds like more than you would like to pay, you can opt for studios that charge less than that. However, make sure their equipment is in good working order. If you have negotiating skills, you can try to get the recording studio to charge a little less or agree to pay them later when your records are selling like crazy. There are people who also have home studios that they rent out. They may not be ideal for optimal sound recording quality, but they should have been designed with the aspects of timbre and sound reflection in mind.
On the other hand, if you are really passionate about music and looking to make a career out of it, you can also consider starting your own recording studio. It can cost between $6,000 and $50,000 depending on the quality you are looking for. Having your own recording studio can save you significant expenses in the long run.
Another way to be smart about the cost of the recording studio is to remember the fact that you don’t have to practice inside the studio as you will be charged based on the time you spend in a studio. of recording and not according to each of the songs. you save.
Skimping on the sound quality of your album is rarely wise. Be sure to hire an experienced and specialized sound engineer who can oversee and manage the recording. Poor sound quality can ruin your album and waste all your hard work and the money you spent on it. It’s important to realize that your album plays a huge role in determining your future as a professional singer. A sound engineer will take care of the recording frequencies and guide you on everything related to the sound of your album or EP.
You can have some of the most amazing backtracks, extremely catchy lyrics, and really powerful vocals, but if your songs sound below the mark, no one will enjoy the whole thing. The usual fees charged by an expert sound engineer are between $40 and $80 for each hour of their services. If a sound engineer works with you 8 hours a day at $60/hour, you’ll need to pay them $3,360 for an album, $1,920 to $2,400 for an EP, and $480 for a single song.
It depends on your agreement with your sound engineer, but other costs, such as travel and food, are not included in these rates.
Marketing and Advertising
A kickass album that has no buyers isn’t great. For this reason, it is imperative to include the cost of attracting buyers in your album budget. Selling your album isn’t just about covering your costs or generating revenue; it’s also about making fans. In today’s social media world, it’s easy to market and advertise your album effectively and efficiently. You can use one or more of the available platforms and you can also opt for a blog or a music website.
The website you create can be integrated with the ability to connect with direct buyers. They can use one of the many paid services online to buy your album directly from you. You can also use Amazon and eBay to sell your music. Paid advertising is another very effective option to use for magazines, radio, television or social media. You can target buyers on Facebook who are closer to your music niche.
Paid ads on Facebook are charged between $5 and $100. The price depends on the number of people for whom you want your ad to be visible. Use streaming sites, such as ReverbNation, Vimeo, and Spotify to stream your music to expand your network. You can also use Twitter for paid advertising of your album or EP.
Be sure to ask the recording studio if they charge extra for using their instruments if you need to use them. The total cost to record an album can range from $6,000 to $30,000. That of recording an EP ranges between $3,000 and $25,000, while recording a single song can cost you $1,000 to $10,000. The prices mentioned in the article are subject to inflation. The cost of recording an album is something you have to bite your lip and bear, but if the music on the album, EP or song is good and your singing voice moves, you’ll recoup the cost in no time.