How to Command A Higher Fee For Your Live Show

– Posted in: NEGOTIATION

Whether you are booking your own band or have an agent, it is important to establish your value within your particular market. When there is demand for your act, your fees will increase and bookings will be easier to contract. At the beginning of your touring career, there is probably little or no demand, therefore, the fees are low and there is more difficulty booking dates. While you are building your reputation and following, it is important to keep track of the following factors, enabling you to begin to establish a track record and some value. Establishing a value for your act helps to create some leverage when negotiating with promoters and booking personnel at each venue. So how do you begin to establish your value?

  1. Review your promotional materials.

    Start with your bio. Within the bio, it is important to have information and facts that the promoter can use to sell your act to their audience. Make sure it is clear and concise with little or no fluff or exaggeration. Highlight your accomplishments to date so that the reader doesn’t have to search through lengthy paragraphs in order to get to the important facts that help them sell your act. For example: If you were interviewed on a regional TV or radio show which is meaningful to the area where you regularly perform, don’t bury it within the text, bullet the information to make it stand out. Have someone other than yourself read over your materials to pull out the interesting facts and then rework the page graphically to emphasize the selling points.

    Create a user-friendly press packet. When your press materials are designed with the promoter and media in mind, mention that to the promoter when attempting to book the date. For example: Supply the venue with ready to use flyers or posters. Let them know you will send promo CDs to local radio along with a press release for the date. Send them a sample ready-to-use-fill-in-the-blank press release so they may also send one to their media list. Ask to contact their publicity person and let them know you are ready to work with them in order to ensure local media is covered.

    Promote to your mailing list. Let the promoter know how large your mailing list is in their area and that you mail or email to your list for each tour. If you don’t have a mailing list, it is the easiest direct marketing tool you can create. Start one at your very next date. It only takes a pad of paper and a pen when keeping it simple, or a nicely designed form or fill out card for the more elaborate. Mentioning how many people are on your mailing list and that you target your mailing for each gig, lets the promoter know you will tap your fans to buy tickets for their venue.

  2. Keep Accurate Records of Each Date Played.

    When establishing and growing your value in the market, creating a record of all previously played dates is one of the most important things you can do. Keep track of the following information and review it before making your booking calls.

    1. The venue’s seating or standing capacity

    2. How many tickets you sold at the venue

    3. The ticket price  or cover charge

    4. What the weather was like that night (it may influence sales)

    5. How much merchandise you sold

    6. What the gross sales were/ what you got paid

    7. What kind of promotion was done? Press releases, advertising, posters/flyers, media coverage

    8. Was there any other major event in town that night? (Large cities will always have many events occurring on the same night, small towns may only have one other event which could influence the outcome of your date.)

    As you call new venues in a town where you’ve previously played, having the above information close at hand will help you negotiate a better deal. If you’ve previously sold out a 150-seat venue at $10 per ticket and now you are attempting to book a 200-seat venue, the promoter has something they can reference. This establishes your value. This information places you on equal footing with other acts that are able to sell 150 tickets. Now you can begin to command fees according to your established track record in that area.

    When booking dates in a new area where you have never played, you can still use the above information for comparison and to demonstrate what you have been able to accomplish. Don’t expect to get the same kind of fees in an untested market, but the information lets the promoter know something about your professionalism and methods you use to develop your audience.

    Once you get in the habit of keeping the above records, you will begin to refer to the information automatically. Booking calls will become more conversational and you’ll find yourself using these pertinent facts which continually boost your act’s value. Your negotiations will be based on factual information rather than emotion. As you become more adept at this, you will find that you have some leverage in many of the venues where you regularly perform. As you establish your value in each new market, demand for your act will increase and booking the act will become easier. Good luck.

    This is a great time to take advantage of a year-end review for tax purposes and do some very strategic planning for the next touring season. Not only will you reap the benefits this year, but you’ll jump-start your planning for next year as well. Good luck!

And, I invite you to learn more about this and other topics important to your career development and to sign up for free weekly audio Biz Booster Hot Tip! Every Monday you’ll get another valuable strategy and technique that you can put to use immediately. You’ll find helpful books, career development seminars, Booking & Touring Success Strategies & Secrets online course and information on booking tours, the music business and performing arts. It’s all waiting for you at Jeri Goldstein is the author of, How To Be Your Own Booking Agent The Musician’s & Performing Artist’s Guide To Successful Touring, 3rd Edition.

* If you would like to reprint any of these articles, please contact Jeri Goldstein for permission.

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