Recommended live streaming hourly rate
We don’t actually have any recommendations for live streaming hourly rate but the benefit for artists in live streaming is that it allows clients from all over the world to book you, opening up your endless opportunities for you to earn more income. And it also saves you time and travel costs. This means you could perform more frequently with less traveling fatigue.
Live streaming rate should be more affordable than physically performing at venues so that more global clients will book you
Thus, the best rule of thumb is to start with an introductory rate (say 50% lower than your standard rate) in your first few online gigs in order to get more early clients to book you. Subsequently, we will assist you to get them to leave reviews and testimonials. This is a proven-to-work strategy by Airbnb and Upwork. Plus, you could use these earlier live streaming performances in your portfolio to showcase your streaming talent. Once you have gained experience in performing via live streaming and built your credentials, you can always increase your hourly rate.
We’re not trying to undermine your artistic value but please understand that watching someone live in a venue and live streaming is like watching a live football game on TV and in a stadium. They offer different experiences, thus cable TV subscription is cheaper than stadium tickets. But do note that live streaming offers more income opportunities from across the world than performing at venues.
Charge for extra services
You may also charge for extra services. Extra services are add-ons that allow you to charge extra for additional services. You could add say $49 per hour for having a partner performing with you, making it a duet. You could even add a band. Other extras are like the choice of instruments, costumes, a longer song request list, studio setup (instead of from your home), and more.