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Juke Box
Executive Summary
Executive Summary
- Juke Box is a music
streaming website of
English, Bollywood and
regional Indian music.
- This app is along the lines
of Saavn Music app that is
already present in the
Google Play App Store.
- Unlimited free access to
different forms of music to
people all around the globe.
Executive Summary
- This marketing plan illustrates
our market segments and the
strategies we are employing
to get customers and create a
solid revenue stream.
- We seek to have tie-ups with
the several artists from the
music industry.
Executive Summary
- Alongside that we will collect
data on the number of times
a particular track was played,
track the clicks on the app,
and collect all these sort of
data and share with our
artists.
- Providing them an idea
about the type of songs that
are listened by the users and
current trends.
Juke Box Vision
Vision
- Our vision is to provide people
with a brief escape of fun over
the course of their normal day.
We do this by providing them
free songs to suit their moods.
- We intend to accomplish this
by leveraging a multi-pronged
approach that involves social
media, email marketing and
search engine optimization
strategies to gain market share.
Vision
- Our marketing challenge is
to attract visibility quickly.
- As we gain traction in the
marketplace, word of mouth
will lift our app usage
significantly
Juke Box
Situation Analysis
Strengths
- Reduce the size of audio
track without having any
impact on the audio
quality.
- Backing from the music
industry as it strives to
remove piracy.
- Doesn't require a fast
internet connection
Weakness
- New entry in the market.
- Competitors already have
a stronghold.
- Huge costs in R & D to
reduce music size while
maintaining the audio
quality .
Opportunities
- Focus on the younger
generation.
- Novel Karaoke feature in the
Premium Version. This
provides a portable karaoke
to enjoy on the go.
- Can provide low quality
official videos in the
Premium Version. This
market is untapped
currently.
Threats
- Piracy may reduce market
share.
- Cut throat Competition
that leads to highly
competitive pricing.
- People may not go for the
premium version and stick
with the free version.
Target Customers
Target Customers
- Our ideal customer is
between the ages of 13 and
25 who is active on social
networking sites and has a
mobile phone that allows
apps to be downloaded.
- It will also target individuals
who don't listen to main
stream music. Our app has a
section that is specifically
targeted for them.
Target Customers
- Youth and young adult
demographic is so large, it
is also very lucrative. That’s
the main reason for our
selecting such a target
market.
- There are countless
products targeting this
demographic, from soda
manufacturers to clothing
designers to hair product
companies.
Target Customers
- Companies who already
spend millions of dollars on
marketing to this group are
regularly looking for newer,
more creative ways to reach
this market to reinforce their
brand and sell products.
Competitors
Juke Box Goals
Goals
- Have more than 10 lakh
users by the end of the 1st
year.
- Have more than 1 lakh
premium users by the end
of the 1st Year
- Increase sales by 100% by
the end of year 2.
Goals
- Have contracts with major
Indian Artists.
- Earn $500,000 in the first
year though subscriptions.
- Start the video service by
the end of the 1st year.
Juke Box Strategy
Strategy
Revenue Model
- Juke Box has an
advertisement-supported
"freemium" business
model to generate
revenue.
- Juke Box's subscription
service - Juke Box Pro,
offers ad-free and offline
streaming alongside the
Karaoke feature.
Customers
Customer’s Needs
- Provide good quality music
that doesn't take that much
buffer time and internet
speed.
- Many music lovers want to
support to upcoming artists.
Our app will have a totally
different section that
promotes upcoming
musicians.
Customer’s Situation
- The users in this segment
also has limited financial
capacity. Teens typically
get their money to make
music purchases from
their parents, which can
be in the form of gifts or
allowances, or from low
paying jobs.
Customer’s Situation
- Older teens and young
adults also have limited
financial capacity yet
choose to spend part of
their disposable income on
music as one of their
sources of entertainment.
- Countless products
targeting the demographic.
Hence, the advertisement-
supported business model.
Distribution Channel
Distribution Channel
- Google's Android offers an
open source model so
they will likely surpass the
iPhone in the number of
applications available
soon.
- This also eliminates the
need for review and
allows us to post new
updates quickly.
Distribution Channel
- As more features are
released for the device, it
will gain market share
- We will also have a
website that makes the
customers about the
latest feature of our app.
- The website also provides
a link to the Google Play
Store from where the user
can download the app.
Communication
Communication
- We will leverage social
media and word of mouth
for the vast majority of
our marketing using
platforms such as Twitter,
Facebook, Orkut and
Myspace.
- These platforms are
widely used by the
customers in our
demographic market.
Communication
- We will make
announcements via
regular tweets and
updates to our fan page
on Facebook.
- We will also use our email
marketing list which is
comprised of people who
have expressed interest in
knowing about the
release of their favourite
music.
Communication
- We have segmented our
email list so that we can
send appropriate emails
to media and different
ones to actual gamers, our
customers.
Future
Partnerships
Facebook
- Juke Box will partner with
Facebook on the Open
Graph platform.
- This deep integration with
Facebook allows music
fans to stream any of Juke
Box’s millions of tracks
using their Facebook
logins and to enjoy their
favourite music from
Facebook.
Sony
- Juke Box cracked a
partnership deal with
Sony to acquire Sony’s
entire database of music
catalogue.
- Juke Box has exclusive
rights to all the music of
Sony.
Other Partners
- Juke Box has partnerships
with other music labels
like T-Series, Aditya, Tips,
Unisys, YashRaj, Universal,
Warner, and EMI.
- Juke Box’s brand partners
include global names like
AT&T, Bose, Lays, General
Motors, Nokia, Samsung,
and Western Union.
Juke Box Tactics
Tactics & Implementation
Product & Services
Product & Services
- The app will a free hub for
unlimited music. Different
languages, genres, will be
accessible to the public.
- Points of Parity :
Free Music,
Custom Playlist,
Access to radio
Music charts.
Product & Services
- Points of Difference: Fast
internet connection not
necessary, Lyrics along with
the song provided, Karaoke
Feature
Product & Services
- Free Version : Unlimited
Songs (128 Kbps), Non-stop
Radio, Customize your
playlist
- Premium Version: No Ads,
Downloadable Music,
Karaoke Feature, Sync up
to 5 devices, Better audio
Quality (320 Kbps)
Product & Services
- Since our app will be tied
to latest music releases ,
we will emphasize our
focus on creativity along
with spectacular service
and speed of development.
- It is important for us to get
to market quickly in order
to capitalize on the latest
releases.
Product & Services
- The longer the delay
between all our features
and the music release, the
less the penetration of
our app.
- Juke Box will also
integrated a social
networking feature with
its music streaming
service.
Product & Services
- Juke Box allows users to
follow the profiles and
playlists of their friends as
well as celebrities.
- Users can share any song,
album or playlist with
their friends and chat
about music real time.
Promotion
- Each of our postings to
social media sites will
include a trackable link so
we know how many
people click on each post.
- Using online tools like link
redirectors, we can also
see how many of readers
and followers repost or
forward such links.
Promotion
- We will also include
trackable links within our
email marketing
messages.
- Those who click will find
more information about
latest releases in music
and will be directed to
landing pages.
Promotion
- Landing pages are web
pages that contain more
information about the
music including details
and lyrics of the songs.
- These landing pages will
be optimized for search
engines (SEO) so that
when Internet users
search on various
keywords, our pages will
rank higher in the results.
Promotion
- Using online analytics
tools, we will be able to
see how many people
click on various links in
our media campaigns to
go to the landing pages
- And the how many of
them, subscribe to our
Premium version.
Incentives
Incentives
- On our app, we will create
a forum where people can
post and respond to
comments freely as well
as offer suggestions for
new music.
- There will be a like and
dislike button for every
track. However, to vote
you need to register.
Incentives
- Forums will require
registration.
- Users who post more
frequently will be
rewarded with a special
tag, a gold star, next to
their avatar
- This is to show other users
that they are a "super
contributor" to the
forums.
Incentives
- For our demographic, this
is a badge of honour that
they try to attain proudly.
- These super contributors
will also be given 3
months free access to the
Juke Box Premium
Version.
- Users who refer the app
to others will also be
provided with rewards.
Pricing
- Price is dependent on
subscription period.
Pricing for Indian Markets:
- 1 Month Subscription : $ 1.5
- 3 Month Subscription : $ 4.0
- 1 Year Subscription : $ 12.0
- Life-time Subscription : $ 50
Pricing
Pricing for International
Markets :
- 1 Month Subscription : $ 3.0
- 3 Month Subscription : $ 8.0
- 1 Year Subscription : $ 25
- Life-time Subscription isn’t
available outside India.
Pricing
- Pricing is done keeping in
mind the pricing strategy
of our competitors.
- Our closest competitor
Gaana charges Rs 99 per
month or $ 1.5 per
month. This is irrespective
of the duration of the
customer’s subscription.
Our subscription rates for
International markets are
also lower.
Pricing
- Our prices are competitive
in the shorter as well as
longer run.
- Our pricing strategy aims
at building long term and
loyal customers.
Created by Vaibhav Agarwal, BITS Goa
during an internship by
Prof. SAMEER MATHUR, IIM Lucknow
Disclaimer
Stream Unlimited Music with Juke Box App

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Stream Unlimited Music with Juke Box App

  • 1.
  • 3. Executive Summary - Juke Box is a music streaming website of English, Bollywood and regional Indian music. - This app is along the lines of Saavn Music app that is already present in the Google Play App Store. - Unlimited free access to different forms of music to people all around the globe.
  • 4. Executive Summary - This marketing plan illustrates our market segments and the strategies we are employing to get customers and create a solid revenue stream. - We seek to have tie-ups with the several artists from the music industry.
  • 5. Executive Summary - Alongside that we will collect data on the number of times a particular track was played, track the clicks on the app, and collect all these sort of data and share with our artists. - Providing them an idea about the type of songs that are listened by the users and current trends.
  • 7. Vision - Our vision is to provide people with a brief escape of fun over the course of their normal day. We do this by providing them free songs to suit their moods. - We intend to accomplish this by leveraging a multi-pronged approach that involves social media, email marketing and search engine optimization strategies to gain market share.
  • 8. Vision - Our marketing challenge is to attract visibility quickly. - As we gain traction in the marketplace, word of mouth will lift our app usage significantly
  • 10.
  • 11. Strengths - Reduce the size of audio track without having any impact on the audio quality. - Backing from the music industry as it strives to remove piracy. - Doesn't require a fast internet connection
  • 12. Weakness - New entry in the market. - Competitors already have a stronghold. - Huge costs in R & D to reduce music size while maintaining the audio quality .
  • 13. Opportunities - Focus on the younger generation. - Novel Karaoke feature in the Premium Version. This provides a portable karaoke to enjoy on the go. - Can provide low quality official videos in the Premium Version. This market is untapped currently.
  • 14. Threats - Piracy may reduce market share. - Cut throat Competition that leads to highly competitive pricing. - People may not go for the premium version and stick with the free version.
  • 16. Target Customers - Our ideal customer is between the ages of 13 and 25 who is active on social networking sites and has a mobile phone that allows apps to be downloaded. - It will also target individuals who don't listen to main stream music. Our app has a section that is specifically targeted for them.
  • 17. Target Customers - Youth and young adult demographic is so large, it is also very lucrative. That’s the main reason for our selecting such a target market. - There are countless products targeting this demographic, from soda manufacturers to clothing designers to hair product companies.
  • 18. Target Customers - Companies who already spend millions of dollars on marketing to this group are regularly looking for newer, more creative ways to reach this market to reinforce their brand and sell products.
  • 20.
  • 22.
  • 23. Goals - Have more than 10 lakh users by the end of the 1st year. - Have more than 1 lakh premium users by the end of the 1st Year - Increase sales by 100% by the end of year 2.
  • 24. Goals - Have contracts with major Indian Artists. - Earn $500,000 in the first year though subscriptions. - Start the video service by the end of the 1st year.
  • 27. Revenue Model - Juke Box has an advertisement-supported "freemium" business model to generate revenue. - Juke Box's subscription service - Juke Box Pro, offers ad-free and offline streaming alongside the Karaoke feature.
  • 29. Customer’s Needs - Provide good quality music that doesn't take that much buffer time and internet speed. - Many music lovers want to support to upcoming artists. Our app will have a totally different section that promotes upcoming musicians.
  • 30. Customer’s Situation - The users in this segment also has limited financial capacity. Teens typically get their money to make music purchases from their parents, which can be in the form of gifts or allowances, or from low paying jobs.
  • 31. Customer’s Situation - Older teens and young adults also have limited financial capacity yet choose to spend part of their disposable income on music as one of their sources of entertainment. - Countless products targeting the demographic. Hence, the advertisement- supported business model.
  • 33. Distribution Channel - Google's Android offers an open source model so they will likely surpass the iPhone in the number of applications available soon. - This also eliminates the need for review and allows us to post new updates quickly.
  • 34. Distribution Channel - As more features are released for the device, it will gain market share - We will also have a website that makes the customers about the latest feature of our app. - The website also provides a link to the Google Play Store from where the user can download the app.
  • 36. Communication - We will leverage social media and word of mouth for the vast majority of our marketing using platforms such as Twitter, Facebook, Orkut and Myspace. - These platforms are widely used by the customers in our demographic market.
  • 37. Communication - We will make announcements via regular tweets and updates to our fan page on Facebook. - We will also use our email marketing list which is comprised of people who have expressed interest in knowing about the release of their favourite music.
  • 38. Communication - We have segmented our email list so that we can send appropriate emails to media and different ones to actual gamers, our customers.
  • 40. Facebook - Juke Box will partner with Facebook on the Open Graph platform. - This deep integration with Facebook allows music fans to stream any of Juke Box’s millions of tracks using their Facebook logins and to enjoy their favourite music from Facebook.
  • 41. Sony - Juke Box cracked a partnership deal with Sony to acquire Sony’s entire database of music catalogue. - Juke Box has exclusive rights to all the music of Sony.
  • 42. Other Partners - Juke Box has partnerships with other music labels like T-Series, Aditya, Tips, Unisys, YashRaj, Universal, Warner, and EMI. - Juke Box’s brand partners include global names like AT&T, Bose, Lays, General Motors, Nokia, Samsung, and Western Union.
  • 46. Product & Services - The app will a free hub for unlimited music. Different languages, genres, will be accessible to the public. - Points of Parity : Free Music, Custom Playlist, Access to radio Music charts.
  • 47. Product & Services - Points of Difference: Fast internet connection not necessary, Lyrics along with the song provided, Karaoke Feature
  • 48. Product & Services - Free Version : Unlimited Songs (128 Kbps), Non-stop Radio, Customize your playlist - Premium Version: No Ads, Downloadable Music, Karaoke Feature, Sync up to 5 devices, Better audio Quality (320 Kbps)
  • 49. Product & Services - Since our app will be tied to latest music releases , we will emphasize our focus on creativity along with spectacular service and speed of development. - It is important for us to get to market quickly in order to capitalize on the latest releases.
  • 50. Product & Services - The longer the delay between all our features and the music release, the less the penetration of our app. - Juke Box will also integrated a social networking feature with its music streaming service.
  • 51. Product & Services - Juke Box allows users to follow the profiles and playlists of their friends as well as celebrities. - Users can share any song, album or playlist with their friends and chat about music real time.
  • 52.
  • 53. Promotion - Each of our postings to social media sites will include a trackable link so we know how many people click on each post. - Using online tools like link redirectors, we can also see how many of readers and followers repost or forward such links.
  • 54. Promotion - We will also include trackable links within our email marketing messages. - Those who click will find more information about latest releases in music and will be directed to landing pages.
  • 55. Promotion - Landing pages are web pages that contain more information about the music including details and lyrics of the songs. - These landing pages will be optimized for search engines (SEO) so that when Internet users search on various keywords, our pages will rank higher in the results.
  • 56. Promotion - Using online analytics tools, we will be able to see how many people click on various links in our media campaigns to go to the landing pages - And the how many of them, subscribe to our Premium version.
  • 58. Incentives - On our app, we will create a forum where people can post and respond to comments freely as well as offer suggestions for new music. - There will be a like and dislike button for every track. However, to vote you need to register.
  • 59. Incentives - Forums will require registration. - Users who post more frequently will be rewarded with a special tag, a gold star, next to their avatar - This is to show other users that they are a "super contributor" to the forums.
  • 60. Incentives - For our demographic, this is a badge of honour that they try to attain proudly. - These super contributors will also be given 3 months free access to the Juke Box Premium Version. - Users who refer the app to others will also be provided with rewards.
  • 61.
  • 62. Pricing - Price is dependent on subscription period. Pricing for Indian Markets: - 1 Month Subscription : $ 1.5 - 3 Month Subscription : $ 4.0 - 1 Year Subscription : $ 12.0 - Life-time Subscription : $ 50
  • 63. Pricing Pricing for International Markets : - 1 Month Subscription : $ 3.0 - 3 Month Subscription : $ 8.0 - 1 Year Subscription : $ 25 - Life-time Subscription isn’t available outside India.
  • 64. Pricing - Pricing is done keeping in mind the pricing strategy of our competitors. - Our closest competitor Gaana charges Rs 99 per month or $ 1.5 per month. This is irrespective of the duration of the customer’s subscription. Our subscription rates for International markets are also lower.
  • 65. Pricing - Our prices are competitive in the shorter as well as longer run. - Our pricing strategy aims at building long term and loyal customers.
  • 66. Created by Vaibhav Agarwal, BITS Goa during an internship by Prof. SAMEER MATHUR, IIM Lucknow Disclaimer