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University of Lincoln University 5 th December 2011 Susi O’Neill Digital Consultant Digital Marketing and the Music Entrepreneur

Digital marketing and the music entrepreneur 2011

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Lecture for University of Lincoln, Dec 5th 2011

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Page 1: Digital marketing and the music entrepreneur 2011

University of Lincoln University5th December 2011

Susi O’NeillDigital Consultant

Digital Marketingand the

Music Entrepreneur

Page 2: Digital marketing and the music entrepreneur 2011

Digital Marketingand the

Music Entrepreneur

1. Trends in digital marketing2. Digital music distribution research

2009

Page 3: Digital marketing and the music entrepreneur 2011
Page 4: Digital marketing and the music entrepreneur 2011

Digital Marketingand the

Music Entrepreneur

1. Trends in digital marketing

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Trends in Digital Marketing

1. Web 1.0 > 3.0

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Access over ownershipImage

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Modular, customisable systems

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Proprietary Systems

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Customisable web

Geocities (1994-2009)

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Customisable > Generic Web

MySpace (2003-2012)

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Generic web

Facebook (2004-present)

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Rise of the digital native

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Prosumer (Consumer as producer)

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People Power

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Source: Altimeter

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Comparing Digital Natives...

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...With Silver Surfers

Forrester: 2009

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Old media: lean back

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New media – lean forward

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Web 1.0

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Marta Strikland

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The Culture of Now

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Bid taping Seckilling music?

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Signal to noise ratio

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Tastemakers

Navigating the data overload

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Tastemakers Gatekeepers

Navigating the data overload

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Tastemakers Gatekeepers Curators

Navigating the data overload

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Music – Free Like Water?An exploration of online music

for independent music entrepreneurs

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2009 Music Research

1) What are the opportunities and challenges facing independent music entrepreneurs – particularly ‘micro’ enterprises operating outside of the traditional music industry – in using digital distribution, marketing and communications?

2) What skills, business models, and strategies are needed to succeed in the digital economy?

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Music Industry 2009

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Changing roles and values of the music industry

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DIY

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MP3 Dominance

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Whatever happened to music shops?

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Online Commerce for Real world Places

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House Concerts

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Teenage Music Fan

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The changing values of copyright

Kutiman – Thru You

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Music Fans

SAVANTS

ENTHUSIASTS

CASUALS

LURKERS

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Opportunities in digital marketing and social media

Provocation 7: Results: Summary:“With all these digital platforms, it’s just too hard to reach enough fans to make it worthwhile. I want to play and write music, not spend all my time online.”

Totally agree 14% Partly agree 35%Neither agree nor disagree 10%Partly disagree 19%Totally disagree 13% I don’t know/care 10%

Agree: 49%Disagree, 32%Other 19%

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Music, Free Like Water?

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“I’m fully confident thatcopyright will no longer existin ten years…music itself isgoing to become like runningwater or electricity.”

David Bowie, 2002

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Imagine a world where music flows all around us, like water or like electricity, and where access to music becomes a kind of ‘utility’. Not for free, per se, but certainly for what feels like free. Fans, artists and all kinds of music communities drive business rather than being driven by corporate powers.”Leonard & Kusek, 2005

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The Long Tail

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1,000 True Fans

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Devaluation of Music?

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Alternative Funding Models

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Music Industry of the Future

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Thank you

Susi O’Neill, Digital Consultantwww.digitalconsultant.co.ukTwitter @susioneillLinkedIn/Facebook @susioneill

email: [email protected]