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RAP 2023 $26.8 BILLION INDUSTRY

Updated: Jul 16

RETURNING - From Artists Blueprint click here


A staggering number to think about, last year Rap was a $26.8 Billion Industry. Collectively that is the amount generated that was officially recorded, I'm sure more Hip Hop money was generated underground. How can you get a piece of this? Lets talk Large Scale Performances.


Assuming your craft is near perfection and you have developed a relatively large fanbase let's use all we have learned and all the resources at our disposal to see what it takes to create and headline your own concert.



Step-by-Step Guide to Organizing and Profiting from Your First Rap Concert


Step 1: Planning and Budgeting


  1. Choose a Date and Location

  2. Date: October 5, 2024

  3. Location: Beach (Cost-effective, natural ambiance)

  4. Time: 1 PM to 7 PM

  5. Permits and Insurance Obtain necessary permits for a beach event.

    1. Secure event insurance.

  6. Security Hire professional security to ensure safety.


Step 2: Artist and DJ Coordination


  1. Lineup Organization

  2. Main Headliner: Yourself

  3. Opening Acts: Recruit several local artists for 10-minute sets.

  4. Performance Slots Total Event Time: 6 hours (360 minutes)

    1. Your Performance: 1 hour

    2. DJ Sets: 1 hour

    3. Remaining Time for Artists: 4 hours (240 minutes)

    4. Number of 10-minute Slots: 24

  5. DJ Partnerships Partner with DJs on a profit-sharing basis.

    1. DJs will be paid from event profits instead of upfront fees.

  6. Artist Fees Charge each artist $40 to perform. Use the Recruiter Blueprint

    1. Total Revenue from Artists: 24 artists x $40 = $960



Step 3: Marketing and Promotion


  1. Ticket Sales Advance Tickets: $10

    1. On-Site Tickets: $20

  2. Call to Action "Get your $10 advance tickets now! Prices go up to $20 at the event. Don’t miss out on the hottest rap concert of the year!"

  3. Sponsorship Tiers Create sponsorship packages for local businesses.


Step 4: Additional Revenue Streams


  1. Bikini Contest Entry Fee: $25 per model

    1. Prize: To be determined (cash prize, gifts, etc.)

  2. Sponsorship Levels

  3. Bronze: $100 - Logo on flyers and social media mentions

  4. Silver: $250 - Bronze benefits + small banner at event

  5. Gold: $500 - Silver benefits + medium banner + booth space

  6. Platinum: $1000 - Gold benefits + large banner + stage mentions


Financial Breakdown

Item

Cost/Revenue

Expenses


Permits and Insurance

$500

Security

$600

Sound Equipment

$400

Marketing (flyers, ads, etc.)

$300

Miscellaneous

$200

Total Expenses

$2000

Revenue


Advance Ticket Sales (200)

$1000

On-Site Ticket Sales (200)

$2000

Artist Fees (24 x $40)

$960

Bikini Contest Entries (30)

$450

Sponsorships

$2500

Total Revenue

$6910

Net Profit

$4910

Event Schedule

Time

Activity

1:00 PM

Gates Open, DJ Set

1:30 PM

Opening Artist 1 (10 mins)

1:45 PM

Opening Artist 2 (10 mins)

2:00 PM

Opening Artist 3 (10 mins)

2:15 PM

Opening Artist 4 (10 mins)

2:30 PM

Opening Artist 5 (10 mins)

2:45 PM

DJ Set (15 mins)

3:00 PM

Opening Artist 6 (10 mins)

3:15 PM

Opening Artist 7 (10 mins)

3:30 PM

Opening Artist 8 (10 mins)

3:45 PM

Opening Artist 9 (10 mins)

4:00 PM

Opening Artist 10 (10 mins)

4:15 PM

Bikini Contest

4:45 PM

DJ Set (15 mins)

5:00 PM

Opening Artist 11 (10 mins)

5:15 PM

Opening Artist 12 (10 mins)

5:30 PM

Opening Artist 13 (10 mins)

5:45 PM

Opening Artist 14 (10 mins)

6:00 PM

Headline Performance (Your Set)

7:00 PM

Event Conclusion

Sponsorship Levels

Level

Price

Benefits

Bronze

$100

Logo on flyers, social media mentions

Silver

$250

Bronze benefits + small banner at event

Gold

$500

Silver benefits + medium banner + booth space

Platinum

$1000

Gold benefits + large banner + stage mentions throughout the event

Conclusion

This detailed guide breaks down every aspect of organizing and profiting from your first rap concert. By cutting costs on venue rental and leveraging partnerships, you can maximize profits and create a memorable event. Start planning now and make your October 5, 2024, concert an unforgettable experience!



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