Music marketing in the digital age: building an identifiable personal brand, promoting records and adapting to market demands

Definition of "Music industry" participative web and user generated content. Trends in the music industry, the need for digital marketing. The musical preferences of Russian consumers. Changes in demand for music services caused by the COVID-19 pandemic.

Рубрика Маркетинг, реклама и торговля
Вид дипломная работа
Язык английский
Дата добавления 18.07.2020
Размер файла 825,4 K

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Another assumption taken as a foundation for the research was that negative publicity could potentially harm an artist's reputation and thus, it was essential to find a healthy balance between an artist's personal life and their career, not totally disclosing personal information. Nevertheless, while the research aimed to assess how detrimental the effect of negative publicity was, it did not examine whether negative publicity could, on the contrary, be a way to market an artist. Had this research objective been set, the research could have obtained information on whether “anti”-marketing was an efficient channel of grasping new audience.

In addition to this, by using other methods of research, different information could have been obtained. For instance, when evaluating the motivations behind an individual desire to share music-related content on their personal accounts, an experiment could have been conducted. Throughout this experiment, the participants could have been offered to look through a number of posts on social media (different in their nature and appealing to various motivational factors, both internal - for instance, perceived by an individual as informative, etc. - and external - offering an incentive for a reblog) and reblog those perceived as the most appealing. Thus, by conducting such an experiment, it would have been possible to evaluate the actual motivations behind an individual desire to share content on social media. Similarly, when assessing channels through which people discover new artists, they could have been encouraged to search the Internet for new artists and compile a playlist of music - thus, the information on this aspect could have been obtained through an experiment.

The topic of this particular research has potential for further development and analysis in further research. Some suggestions for future studies may be offered. First of all, it could be useful to make a comparison between different countries in order to understand how results differ among various cultures and various economies. For instance, it may be worthwhile comparing the marketing practices and trends among the biggest music markets (US, Japan, Germany, UK). Provided each of these markets has its own social and cultural background, it could be interesting to explore how those discrepancies could affect the means of music marketing, promotion, branding, etc.

Secondly, it could be interesting to go deeper into the examination of music business. For instance, on the basis of this research, it could be interesting toanalyze how these findings correspond with the practices implemented within record labels.Moreover, it could be interesting to talk to people who represent foreign music industry, conduct interviews with them and compare their answers to the answers provided by the representatives of the Russian industry.

Finally, it is likely that after the COVID-19 pandemic, the music industry and music business will change. At the moment, it is difficult to accuratelyevaluate how much COVID-19 pandemic will have influenced the music industry by the time it is over. However, at some point in the future, it will be possible to conduct a comparative analysis and draw additional conclusions on how music industry adapted to changes in the market.

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Appendix 1

Questions for the survey

#

Question

Answer

1.

Which social networks do you use the most often (on the daily basis)?

1. None

2. VK

3. Instagram

4. Twitter

5. Telegram

6. YouTube

7. Facebook

8. TikTok

9. Triller

10. Snapchat

11. Soundcloud

2.

On which social networks do you follow your favourite artists?

1. None

2. VK

3. Instagram

4. Twitter

5. Telegram

6. YouTube

7. Facebook

8. TikTok

9. Triller

10. Snapchat

11. Soundcloud

3.

How often do you leave likes on artist's posts on social networks?

Scale from 1 to 5 (where 1 = never, 5 = always).

4.

How often do you leave comments on artist's posts on social networks?

Scale from 1 to 5 (where 1 = never, 5 = always)

5.

If your favorite artist expressed a personal opinion that radically contradicted yours, would it affect your desire to listen to their music?

1. Would not affect

2. I would listen to their music less often

3. I would stop listening to their music at all

4. Other

6.

Is it important for you that the stage image and personal brand of an artist corresponded to the image they projected on personal social networks?

1. Not important

2. Important but not determinant

3. Crucial

4. Other

7.

Imagine that media and streaming platforms were promoting a new artist who seemed to have no origin and background history and had previously been unfamiliar to you. What would your reaction be?

1. I'd check their music out and if I liked their music, I'd add them to my playlist;

2. It looks like a production project - I don't like that;

3. Other.

8.

How often on a five-point scale do you listen to music in the following ways?

1. I stream music on Apple Music / BOOM / Yandex Music / Spotify or through other subscription services

2. I buy digital albums (on iTunes, Bandcamp, etc.)

3. I listen to music for free via VK or illegal downloads from the Internet

4. On Soundcloud

5. Live (at concerts, parties)

6. On discs / other physical carriers

Scale from 1 to 5 (where 1 = never, 5 = always).

9.

How do you most often discover new artists?

Through:

1. Friends Recommendations;

2. Playlists on music platforms;

3. Through collaborations / featuring tracks with the familiar artists;

4. Through recommendations on Internet platforms (suggested videos on YouTube, suggested artists on Apple Music, Spotify, etc.;

5. Through Concerts / Festivals;

6. News Internet Resources;

7. Posters in clubs / on the street;

8. Shazam;

9. Radio.

10.

Which online music sources / media are you subscribed to?

1. None

2. Public pages in social networks

3. Music Podcasts

4. Newsletters

5. Video resources (including YouTube channels with live performances / interviews)

11.

List which specific online music resources you are subscribed to.

It was possible to give a detailed answer on this question.

12.

Do you share music on your social networks? Ifyou do, how?

1. I do not share;

2. I share with friends by sending music directly to their inbox;

3. I attach music to my posts on social media / make UGC using the song;

4. I repost artist's content.

13.

Rate how the FOLLOWING FACTORS influence your desire to share music on social networks.

1. The desire to share personal musical preferences (repost if the content resonates with you / supports your “social status”);

2. The desire to share content with friends (post if you think that the content will be interesting to friends);

3. The desire to have quick access to content (post / repost, so as not to lose);

4. The desire to support the artist without any incentives;

5. The desire to support the artist with possible benefits (post / repost, if the artist announces a contest, giveaway, etc.).

Scale from 1 to 5 (where 1 = never, 5 = always).

14.

If your friend sent you a song to your inbox messages, would you listen to it?

1. No

2. Would probably listen

3. Would definitely listen

15.

If your friend posted a song on their social media, would you listen to it?

1. No

2. Would probably listen

3. Would definitely listen

16.

Do you attend concerts of your favourite artists?

1. No;

2. Yes, always (I purposefully monitor concerts, I am ready to adjust my plans for the concert, etc.);

3. Yes, if possible (I would not intentionally adjust plans for the concert).

17.

How many times since September 2019 have you attended concerts of Russian artists / Russian festivals?

1. Zero

2. Once

3. 2 - 5 times

4. 6 - 10 times

5. 10+ times

18.

Which Russian festivals have you attended in the past year (including local stage festivals)?

It was possible to give a detailed answer on this question.

19.

Do you watch online concerts?

1. Yes

2. No

20.

Do you buy merchandise products? If you do, where?

1. I do not buy;

2. At concert venues;

3. Through the Internet.

21.

What motivates you to buy merchandise?

1. I want to support the artist;

2. I want to get a souvenir from a concert;

3. I want to express my musical identity.

22.

What merchandise do you buy?

1. Clothing

2. Tote bags

3. Pins

4. Posters

5. Vinyl Records

6. CDs

7. Cassettes

8. Other

23.

Do you wear purchased merchandise?

1. Yes

2. No

24.

If you saw a person wearing cool merch of an artist unfamiliar to you, would you Google the artist?

1. Yes

2. No

25.

Your favorite artist has released an album, how will you listen to it?

1. From the first to the last track;

2. Features first;

3. Most popular song first;

4. In random order.

26.

Do singles / albums with features cause you more interest?

1. Yes

2. Yes, if it is an unpredictable collaboration / collaboration between artists of different genre;

3. No.

27.

How does cool design / artwork of cover for an artist's new release affect your desire to listen to it?

Scale from 1 to 5 (where 1 = never, 5 = always).

28.

Choose your favorite music genres:

1. Pop

2. Hip-Hop/Rap

3. Rock

4. R&B, Soul

5. Electronic

6. Country

7. Folk

8. Indie/Alternative

9. Jazz

10. Classical music

11. Other

29.

How old are you?

1. Below 14

2. 14-17

3. 18-21

4. 22-26

5. 27 ormore

Appendix 2

Questions for the interviews

1. Which platforms do you use as a channel of interaction with your audience?

2. Which offline and online channels do you use for promotional activity? In case you use targeted advertising, which criteria are set for targeting?

3. Do people stream your music, or do they purchase digital/physical copies?

4. Do you organize marketing campaigns preceding your upcoming releases? If you do, what do they consist of? How far in advance do you start promoting your upcoming music?

5. Do you perform live in concerts or festivals? Does participation in festivals results in audience inflow?

6. Have you ever had your music reviewed by media? If yes, how did it affect the size of your audience?

7. How do you interact with your audience? Which content do your upload to your social media? Which content gains the most audience engagement?

8. Do you motivate your followers externally to share your music/content?

9. Have you ever had your music featured in playlists on streaming platforms; how has it affected the number of your streams, your audience? How can an artist get his song included in a curated playlist?

10. How has the COVID-19 pandemic affected your productivity and performance; your channels of interaction with your audience?

11. Do you produce merchandize products? What are some of your motivations behind producing merchandize products?

12. Do you make featuring tracks and collaborations with other artists? How do they affect your audience growth?

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