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Digital Cowboys Music Marketing Strategies april 2013
The document discusses the changing music industry landscape and new strategies for artists. It notes that the traditional record label model is broken as CD sales have collapsed. However, music consumption is high and new digital channels are expanding. The document outlines new approaches for artists to make money, including crowdfunding, merchandise, publishing, touring, sponsorships, and developing their own digital products/services. It emphasizes directly engaging fans through social media and events. Artists are encouraged to collaborate and control their own careers across multiple revenue streams in the new music ecosystem.
Digital Cowboys Music Marketing Strategies april 2013
- 1. The Future ofMusic Marketing Strategies Dave Kusek Senior Partner Digital Cowboys
- 2. Broken Model The label model is no longer dominant. CD sales have collapsed. Financial model based on recording is broken. Profitable touring can be a challenge. New music businesses can be successful. An collaborative approach is needed. © 2013 David Kusek
- 3. The Traditional Music Business + Recording + Writing + Performing + Licensing © 2012 David Kusek
- 4. How Musicians make Money Connect with an Audience ✦Perform - touring ✦Write songs - publishing ✦Sell songs - recording ✦Sell Merchandise © 2012 David Kusek 2013
- 5. The Good News: People love music We just can’t get enough. Music consumption is at an all time high. More music is being produced each day. Illegal music channels are drying up. Legal digital channels are expanding. © 2013 David Kusek
- 6. The Bad News: Recorded music is no longer the driving force New ways of thinking about music and commerce are required. Economic engine of the past 70 years has run out of fuel. This is a big change for the entire music ecosystem. © 2012 David Kusek
- 7. A band thisbig will never happen again. © 2013 David Kusek
- 8. Obscurity is the Enemy Exposure Discovery Community Revenue
- 9. New Artist Ecosystem ©2013 David Kusek
- 10. Alex Day Go toMarket Strategy Determination Focus Big Ideas Creative Thinking Cultivating Fans Fearlessness
- 11. Direct to Fanvia YouTube
- 12. The Power ofYouTube
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- 14. Crowd Funding Digital Patronage ✦Kickstarter ✦ Indiegogo ✦ Pledgemusic
- 15. Amanda Palmer Fan Base of 500K+ $1.2 million raised on Kickstarter © 2013 David Kusek
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- 18. Touring Profitably Clubs and concerts House parties Digital events Route Mapping Discovery © 2013 David Kusek
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- 20. Publishing & Licensing Licensing Songs Syncs / Games Name and Likeness Endorsements Sponsorships Entrepreneurial ventures Stability © 2013 David Kusek
- 21. The power ofmedia is still with us
- 22. Merchandising Clothing Lifestyle products Food Collectibles Jewelry © 2013 David Kusek
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- 24. New Digital Products Mobile apps Wearable Interactive video Collections Events Episodes © 2012 David Kusek
- 25. © 2012 DavidKusek
- 26. New Artist Ecosystem Connectdirectly with your fans. Create a business around yourself. Own your masters and publishing. Secure sponsors to generate cash. Purchase the services you need. Use interactive integrated marketing. Create multiple revenue streams. Control your career.
- 27. New Areas ofOpportunity Direct to Fan Branding Interactive Marketing Artist Management Curation/Discovery Licensing Analysis/Data Digital Events Distribution Merchandise Artist Networks Artist Services Streaming Education Digital Products Soundtracks Games Sponsorships Mobile Apps Collaboration © 2013 David Kusek
- 28. Businesses to watch Apple Pitchfork Bandcamp Rdio Bandzoogle Reverbnation Live Nation Labs Rightsflow CD Baby Songkick Echonest Swarm.fm Frontline Spotify Google Timbre Mobile Roadie Ticketfly Daisy Topspin Next Big Sound Viinyl Pandora We7 © 2013 David Kusek
- 29. We must collaborate to create a healthy future. © 2012 David Kusek
- 30. How can we help you? Dave Kusek Digital Cowboys dkusek@digitalcowboys.com @davekusek digitalcowboys.com © 2013 David Kusek