Marketing Records:
Overview & Planning
O    i     Pl   i

                © 2007 musicbizclasses.com
Marketing Overview

                © 2007 musicbizclasses.com
Two primary activities
of Record Label Business:

   •Marketing & Promotion
     Creating the “Package”
     or the “Story”
             Story

   •Distribution (Sales)
    Distribution
     Selling the finished “Product”
                          © 2007 musicbizclasses.com
Definitions:

   •Marketing & Promotion
    Marketing
     “Bringing the consumer
     to th
     t the product (music)”
               d t(     i )”

   •Distribution (Sales)
     “Bringing the product (music)
      Bringing
     to the consumer”
     Source: Arny Schorr, Smore Entertainment, Artists House video


                                                                     © 2007 musicbizclasses.com
What is Marketing?
     A holistic strategy & process which
     identifies, anticipates and meets customer
     needs to promote the exchange of p
                p                  g     products
     and services in a marketplace.

 GOALS:
   1)Create successful packaging/image
     of your company and services offered
                                  offered-
     Creating the brand/Creating the story.

   2)Communicate with customers about what
     you have to offer and why your offering has
     value –Promoting the brand
                                     © 2007 musicbizclasses.com
Record Label Marketing Team
             Marketing Dept.
                      Marketing

Product Management
Artist Development     Radio Promotion
Artist Relations
                      Promotions

                      Publicity
                      P bli it

                      Sales
                      S l
                                   © 2007 musicbizclasses.com
The Marketing Team:
   Product managers/ AD Managers-
   manage/oversee complete record marketing
   process and teams to product launch
   (new release)

   Marketing managers-
   branding,
   branding sales campaigns post-production
                  campaigns, post production
   product management

   Publicists- Developing stories for the press


                                      © 2007 musicbizclasses.com
The Marketing Team:
   Radio &Video Promotion managers- Garnering
   Exposure on Major Commercial Radio and
   Music Television stations

   Promotions managers- C ti b
   P      ti              Creating buzz and
                                          d
   raising awareness via contests; giveaways

   Advertising & Media managers- Developing
   Ad campaigns; buying media
           p g      y g

   Partnership marketing- extending brand reach
   through cross-marketing
   th    h          k ti
                                    © 2007 musicbizclasses.com
Key Marketing Functions
Pre-Market:

  • Goal Development
  • Planning
  • Research Consumer insight, product
    testing, competitive intelligence
  • B d M k ti
    Brand Marketing Id tit positioning
                        Identity,     iti i
  • Pricing strategy
  • Product Development
  • Sales support Lead generation, collateral


                                    © 2007 musicbizclasses.com
Key Marketing Functions
In-Market:
  • Publicity   Managing the Press
  • Promotions    Events, contests, Radio/TV promoters
  • M di B i /Ad ti i
    Media Buying/Advertising   Messaging, M di B i
                               M     i    Media Buying,
    Developing “creative”
  • New Media/Electronic    SEO, Social Media
    Optimization,website management, mobile marketing
  • Partner Marketing   Sponsorships, strategic alliances
  • Tracking results

                                           © 2007 musicbizclasses.com
Planning & Research

                 © 2007 musicbizclasses.com
Planning Tools: Consumer Research
Marketing Rule #1 Know your audience

  All successful marketing campaigns start
  with knowing you aud e ce
    t     o g your audience
• How?
  – Market Research
      • Consumer research
      • Sales Data


                                 © 2007 musicbizclasses.com
Consumer Research:
Geographic
                                       Detailed D
                                       D il d Data
Nations, states,
regions or cities                      Points

         Demographic
          Age, gender, family size,
          income, education


                       Psychographic
                        Lifestyle, attitudes, values



                                         Behavioral
                                          Benefits sought, usage
                                          habits,
                                          habits frequency

                                                       © 2007 musicbizclasses.com
Consumer Research: Market Segments

• Geographic, Demographic, Psychographic and
  Behavioral data  used to understand sub-
  groups i a l
         in larger market
                      k t


• Data is compiled and analyzed to create distinct
  profiles or “segments”


• “Market Segmentation”= a method that allows
    Market Segmentation
  marketers to narrow their efforts and specifically
  “target” the most valuable audiences

                                        © 2007 musicbizclasses.com
Planning Tools: Industry Analysis
Marketing Rule #2- Understand
the Business Landscape


All businesses face challenges from
competitors and new technologies
•How?
  – Market Research
    • Industry Analysis
    • Financial/Sales Data
                                © 2007 musicbizclasses.com
Industry Analysis: Research & Data
    • RIAA

    • IFPI

    • Nielsen Media Research

    • Pew Internet Life

    • Forrester

    • Jupiter

    • Simmons

    • Edison Media Research


                               © 2007 musicbizclasses.com
Industry Analysis: Commentary

    • Billboard.biz

    • P ll t
      Pollstar

    • New York Times

    • Wall Street Journal

    • Variety

    • The Hollywood Reporter

                                © 2007 musicbizclasses.com
Industry Analysis: Trendwatching

   • Springwise.com

   • Look- Look

   • Youth Intelligence

   • Trendwatching.com

   • Mediafuturist.com

   • Wired.com
                           © 2007 musicbizclasses.com
Planning Tools: SWOT Analysis

Marketing Rule #3- Understand Your Unique Position in
the Marketplace

WHAT: SWOT analysis is a business tool used to help
entities analyze their viability in the marketplace.

      •   Strengths
      •   Weaknesses
      •   Opportunities
      •   Threats

WHY: Develop a strong picture of what can be leveraged for
success and what needs to be improved before developing
Marketing Plans and using resources
                                            © 2007 musicbizclasses.com
SWOT Analysis Applications:

• New company (position in the market,
  commercial viability, etc)
                     y      )
• Product or brand launch
• Business idea
• St t i option, such as entering a new market
  Strategic ti          h      t i            k t
• Method of sales distribution
• Opportunity to make an acquisition
• Potential partnership
• Outsourcing a service, activity or resource
             g            ,     y
• Investment opportunity


                                     © 2007 musicbizclasses.com
FOR EDUCATIONAL USES ONLY

DO NOT COPY OR DISTRIBUTE




                    © 2007 musicbizclasses.com

More Related Content

PDF
MUC110.LEC5a Marketing Plan
PPTX
Types and functions
PPTX
Target market
PPTX
Movie marketing
PPT
Target audience questions
PDF
Simulated Charles & Keith Integrated Marketing Campaign
PPT
Brief and-intro-to-audiences-and-institutions
PPT
Creative Brief
MUC110.LEC5a Marketing Plan
Types and functions
Target market
Movie marketing
Target audience questions
Simulated Charles & Keith Integrated Marketing Campaign
Brief and-intro-to-audiences-and-institutions
Creative Brief

Viewers also liked (10)

PDF
BCM Certificate 1
PDF
Bed Bugs Infographic
PDF
Mapa conceptual -_la_familia
PDF
2002 Jun - Spring Catalog Personal Profile
DOCX
Pressrelease
DOCX
Análisis act 8 ana
DOC
PPTX
Divulgação formação modular est
PDF
SSCA-ChapelSpring-2016
DOCX
Ficha nº 6 2º ano teca -12-13 - final
BCM Certificate 1
Bed Bugs Infographic
Mapa conceptual -_la_familia
2002 Jun - Spring Catalog Personal Profile
Pressrelease
Análisis act 8 ana
Divulgação formação modular est
SSCA-ChapelSpring-2016
Ficha nº 6 2º ano teca -12-13 - final
Ad

Similar to MUC110.LEC3 Intro to Record Marketing (20)

PDF
MUC110 LEC4.Record Promotion and Distribution
PPTX
Mar Com 2 Presentation
PPT
SEM San Diego: Search & Social w Gary Ware
PDF
LSM Capabilities Overview (10 2009)
PDF
GSU Social/Digital Marketing Objectives & Strategies
PPTX
Gage Social Media
PPTX
Populous Media Partners - Capabilities Presentation
PPTX
Social Media in Action
PPTX
2011 credentials
PDF
Social Networking By Rob Bean, Burns Marketing
PPTX
Beats Electronics Campaign Presentation
KEY
University of St. Thomas: Ad Fed / PRSSA Presentation
PDF
Tcg onesheet
PPT
Countermarketing Big Tobacco for the LGBT Community
PDF
Managing Creative with Aaron O'Keefe
DOC
2013 cv - mohamed tazi - communication & marketing manager
PPTX
Presupuestos publicitariosune2
PPTX
Consulting Samples
PDF
UNBOX AUSTRALIA: Removing Unconscious Bias from the marketing process
PPT
Artist marketingpresentationwendylawart
MUC110 LEC4.Record Promotion and Distribution
Mar Com 2 Presentation
SEM San Diego: Search & Social w Gary Ware
LSM Capabilities Overview (10 2009)
GSU Social/Digital Marketing Objectives & Strategies
Gage Social Media
Populous Media Partners - Capabilities Presentation
Social Media in Action
2011 credentials
Social Networking By Rob Bean, Burns Marketing
Beats Electronics Campaign Presentation
University of St. Thomas: Ad Fed / PRSSA Presentation
Tcg onesheet
Countermarketing Big Tobacco for the LGBT Community
Managing Creative with Aaron O'Keefe
2013 cv - mohamed tazi - communication & marketing manager
Presupuestos publicitariosune2
Consulting Samples
UNBOX AUSTRALIA: Removing Unconscious Bias from the marketing process
Artist marketingpresentationwendylawart
Ad

More from MUC110 (9)

PDF
MUC110 LEC8 Music.Technology
PDF
MUC110 LEC12 Entrepreneurship
PDF
MUC110 LEC11.Music In Tv And Advertising
PDF
MUC110 LEC10.Music in Film
PDF
MUC110 LEC 9. Radio
PDF
MUC110 LEC7.CD PRODUCTION PROCESS
PDF
MUC110.LEC6 Record Deals and Economics
PDF
MUC110. LEC2.The Producer's Role
PDF
MUC110 LEC1. Overview of Recorded Music Industry
MUC110 LEC8 Music.Technology
MUC110 LEC12 Entrepreneurship
MUC110 LEC11.Music In Tv And Advertising
MUC110 LEC10.Music in Film
MUC110 LEC 9. Radio
MUC110 LEC7.CD PRODUCTION PROCESS
MUC110.LEC6 Record Deals and Economics
MUC110. LEC2.The Producer's Role
MUC110 LEC1. Overview of Recorded Music Industry

Recently uploaded (20)

PPTX
lesson in englishhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh
PPTX
Very useful ppt for your banking assignments Banking.pptx
PDF
HCWM AND HAI FOR BHCM STUDENTS(1).Pdf and ptts
PPTX
Machine Learning (ML) is a branch of Artificial Intelligence (AI)
PPT
features and equilibrium under MONOPOLY 17.11.20.ppt
PDF
3CMT J.AFABLE Flexible-Learning ENTREPRENEURIAL MANAGEMENT.pdf
PDF
Unkipdf.pdf of work in the economy we are
PDF
The Right Social Media Strategy Can Transform Your Business
PDF
Lundin Gold Corporate Presentation August 2025
PPTX
OAT_ORI_Fed Independence_August 2025.pptx
PDF
5-principles-of-PD-design.pdfvvvhvjvvcjcxhhcjb ggfvjhvjjhbvbbbvccxhgcxzzghjbv...
PPTX
Module5_Session1 (mlzrkfbbbbbbbbbbbz1).pptx
PDF
Statistics for Management and Economics Keller 10th Edition by Gerald Keller ...
DOCX
Final. 150 minutes exercise agrumentative Essay
PPTX
Maths science sst hindi english cucumber
PDF
CLIMATE CHANGE AS A THREAT MULTIPLIER: ASSESSING ITS IMPACT ON RESOURCE SCARC...
PDF
THE EFFECT OF FOREIGN AID ON ECONOMIC GROWTH IN ETHIOPIA
PDF
Buy Verified Stripe Accounts for Sale - Secure and.pdf
PDF
International Financial Management, 9th Edition, Cheol Eun, Bruce Resnick Tuu...
PPTX
PPT-Lesson-2-Recognize-a-Potential-Market-2-3.pptx
lesson in englishhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh
Very useful ppt for your banking assignments Banking.pptx
HCWM AND HAI FOR BHCM STUDENTS(1).Pdf and ptts
Machine Learning (ML) is a branch of Artificial Intelligence (AI)
features and equilibrium under MONOPOLY 17.11.20.ppt
3CMT J.AFABLE Flexible-Learning ENTREPRENEURIAL MANAGEMENT.pdf
Unkipdf.pdf of work in the economy we are
The Right Social Media Strategy Can Transform Your Business
Lundin Gold Corporate Presentation August 2025
OAT_ORI_Fed Independence_August 2025.pptx
5-principles-of-PD-design.pdfvvvhvjvvcjcxhhcjb ggfvjhvjjhbvbbbvccxhgcxzzghjbv...
Module5_Session1 (mlzrkfbbbbbbbbbbbz1).pptx
Statistics for Management and Economics Keller 10th Edition by Gerald Keller ...
Final. 150 minutes exercise agrumentative Essay
Maths science sst hindi english cucumber
CLIMATE CHANGE AS A THREAT MULTIPLIER: ASSESSING ITS IMPACT ON RESOURCE SCARC...
THE EFFECT OF FOREIGN AID ON ECONOMIC GROWTH IN ETHIOPIA
Buy Verified Stripe Accounts for Sale - Secure and.pdf
International Financial Management, 9th Edition, Cheol Eun, Bruce Resnick Tuu...
PPT-Lesson-2-Recognize-a-Potential-Market-2-3.pptx

MUC110.LEC3 Intro to Record Marketing

  • 1. Marketing Records: Overview & Planning O i Pl i © 2007 musicbizclasses.com
  • 2. Marketing Overview © 2007 musicbizclasses.com
  • 3. Two primary activities of Record Label Business: •Marketing & Promotion Creating the “Package” or the “Story” Story •Distribution (Sales) Distribution Selling the finished “Product” © 2007 musicbizclasses.com
  • 4. Definitions: •Marketing & Promotion Marketing “Bringing the consumer to th t the product (music)” d t( i )” •Distribution (Sales) “Bringing the product (music) Bringing to the consumer” Source: Arny Schorr, Smore Entertainment, Artists House video © 2007 musicbizclasses.com
  • 5. What is Marketing? A holistic strategy & process which identifies, anticipates and meets customer needs to promote the exchange of p p g products and services in a marketplace. GOALS: 1)Create successful packaging/image of your company and services offered offered- Creating the brand/Creating the story. 2)Communicate with customers about what you have to offer and why your offering has value –Promoting the brand © 2007 musicbizclasses.com
  • 6. Record Label Marketing Team Marketing Dept. Marketing Product Management Artist Development Radio Promotion Artist Relations Promotions Publicity P bli it Sales S l © 2007 musicbizclasses.com
  • 7. The Marketing Team: Product managers/ AD Managers- manage/oversee complete record marketing process and teams to product launch (new release) Marketing managers- branding, branding sales campaigns post-production campaigns, post production product management Publicists- Developing stories for the press © 2007 musicbizclasses.com
  • 8. The Marketing Team: Radio &Video Promotion managers- Garnering Exposure on Major Commercial Radio and Music Television stations Promotions managers- C ti b P ti Creating buzz and d raising awareness via contests; giveaways Advertising & Media managers- Developing Ad campaigns; buying media p g y g Partnership marketing- extending brand reach through cross-marketing th h k ti © 2007 musicbizclasses.com
  • 9. Key Marketing Functions Pre-Market: • Goal Development • Planning • Research Consumer insight, product testing, competitive intelligence • B d M k ti Brand Marketing Id tit positioning Identity, iti i • Pricing strategy • Product Development • Sales support Lead generation, collateral © 2007 musicbizclasses.com
  • 10. Key Marketing Functions In-Market: • Publicity Managing the Press • Promotions Events, contests, Radio/TV promoters • M di B i /Ad ti i Media Buying/Advertising Messaging, M di B i M i Media Buying, Developing “creative” • New Media/Electronic SEO, Social Media Optimization,website management, mobile marketing • Partner Marketing Sponsorships, strategic alliances • Tracking results © 2007 musicbizclasses.com
  • 11. Planning & Research © 2007 musicbizclasses.com
  • 12. Planning Tools: Consumer Research Marketing Rule #1 Know your audience All successful marketing campaigns start with knowing you aud e ce t o g your audience • How? – Market Research • Consumer research • Sales Data © 2007 musicbizclasses.com
  • 13. Consumer Research: Geographic Detailed D D il d Data Nations, states, regions or cities Points Demographic Age, gender, family size, income, education Psychographic Lifestyle, attitudes, values Behavioral Benefits sought, usage habits, habits frequency © 2007 musicbizclasses.com
  • 14. Consumer Research: Market Segments • Geographic, Demographic, Psychographic and Behavioral data used to understand sub- groups i a l in larger market k t • Data is compiled and analyzed to create distinct profiles or “segments” • “Market Segmentation”= a method that allows Market Segmentation marketers to narrow their efforts and specifically “target” the most valuable audiences © 2007 musicbizclasses.com
  • 15. Planning Tools: Industry Analysis Marketing Rule #2- Understand the Business Landscape All businesses face challenges from competitors and new technologies •How? – Market Research • Industry Analysis • Financial/Sales Data © 2007 musicbizclasses.com
  • 16. Industry Analysis: Research & Data • RIAA • IFPI • Nielsen Media Research • Pew Internet Life • Forrester • Jupiter • Simmons • Edison Media Research © 2007 musicbizclasses.com
  • 17. Industry Analysis: Commentary • Billboard.biz • P ll t Pollstar • New York Times • Wall Street Journal • Variety • The Hollywood Reporter © 2007 musicbizclasses.com
  • 18. Industry Analysis: Trendwatching • Springwise.com • Look- Look • Youth Intelligence • Trendwatching.com • Mediafuturist.com • Wired.com © 2007 musicbizclasses.com
  • 19. Planning Tools: SWOT Analysis Marketing Rule #3- Understand Your Unique Position in the Marketplace WHAT: SWOT analysis is a business tool used to help entities analyze their viability in the marketplace. • Strengths • Weaknesses • Opportunities • Threats WHY: Develop a strong picture of what can be leveraged for success and what needs to be improved before developing Marketing Plans and using resources © 2007 musicbizclasses.com
  • 20. SWOT Analysis Applications: • New company (position in the market, commercial viability, etc) y ) • Product or brand launch • Business idea • St t i option, such as entering a new market Strategic ti h t i k t • Method of sales distribution • Opportunity to make an acquisition • Potential partnership • Outsourcing a service, activity or resource g , y • Investment opportunity © 2007 musicbizclasses.com
  • 21. FOR EDUCATIONAL USES ONLY DO NOT COPY OR DISTRIBUTE © 2007 musicbizclasses.com