โ€ขTo introduce a new internet radio
application along with the features
present in normal music players
present in the market.
โ€ขTo introduce a new internet radio
application along with the features
present in normal music players
present in the market.
โ€ขProvide users an app with a much
better recommendation engine.
โ€ขTo introduce a new internet radio
application along with the features
present in normal music players
present in the market.
โ€ขProvide users an app with a much
better recommendation engine.
โ€ขSave time of the users demanded by
the on-demand music streaming
apps.
โ€ขTarget users mainly in the
social media at the initial stage.
โ€ขGather feedback.
โ€ขExtend to other potential users
by specific marketing strategy
for youngsters (organizing
relevant events at college
campuses and shopping malls).
โ€ขAlthough there are a number of internet radio apps available in
international market, but none of them available in India actually
has a tailor-made recommendation engine.
โ€ขUse and popularity of music apps have increased by a
considerable amount in the last few years.
โ€ขSchool students and
college students.
โ€ขAdult young music
lovers.
โ€ขMostly men and
women aged 15-35.
โ€ขLack of a all in one internet radio
music app with all the features of a
quality online music player and a
good recommendation engine.
โ€ขPeopleโ€™s urge to connect and interact
with music lovers of similar taste from
all over the world.
Music lovers from
all over the world
eager to
experiment
โ€ขOur mission is to offer an ultimate
music experience to all with a supreme
quality recommendation engine. We
aim to bring all the music lovers from
around the world to the same platform
and offer them an experience like never
before.
โ€ขTo reach out to
1,000,000 downloads
after launching in India
within 1 year.
โ€ขExpand in other
markets viz. US,
Canada, European
United Nations,
South Asian
countries by end of
2nd year.
โ€ขAfter discussing the goal and analyzing the
situation, lets lay down the strategy for the
companyโ€™s marketing plan.
โ€ขOur strategy focuses on
launching the app country wise
starting with India.
โ€ขStaying in regular contact with
customers via different online
methods like social media and
email.
โ€ขFurther planning to launch in
other parts of the world viz. US,
China, European Countries.
โ€ขService (POPs and PODs)
โ€ขPrice
โ€ขIncentives
โ€ขCommunication Channel
โ€ขDistribution Channel
โ€ขThere a number of apps offering values
similar to what we are offering. The following
are the Points Of Parity (POPs) and Points Of
Difference (PODs) with the other available
music apps in the market:
โ€ขPlay online music by genre, artist, or movie.
โ€ขShare a song on Facebook, Twitter or other
social networking sites.
โ€ขBuild a radio station for yourself.
โ€ขSee the lyrics of the song which is being played.
โ€ขFind other listeners from all over the world
listening to same type of music.
โ€ขBuild a radio station for yourself or even for a
friend to let them know how much you know
them.
โ€ข State-of-the-art recommendation engine which will
enable user to build a station by choosing only one
song.
โ€ขDesign of a tailor-made algorithm based on musical
traits that are entered by music experts.
โ€ขPlay online music by genre, artist, or movie.
โ€ขVisit profile/station of users containing the song
which is being played and build a radio station for
yourself.
โ€ขProvide a one stop solution for adding new music
to the library manually or automatically.
โ€ขAdds will be present.
โ€ขShare a song on Facebook, Twitter or other
social networking sites.
โ€ขGet unlimited suggestions only by reacting to
one song depending on the n number of attributes
present in it.
โ€ขRate each song individually.
โ€ขSee the lyrics of the song which is being played.
โ€ขFind other listeners from all over the world listening to
same type of music.
โ€ขFind the top users having the most similar taste. Make
new friends with same taste of music.
โ€ขRate and comment on the profile/station of other
users.
โ€ขFind other listeners from all over the world listening to
same type of music.
โ€ขNo adds will be present.
โ€ข 4.99 USD for a month.
โ€ข54.89 USD for a year.
โ€ขCustomers can choose whether to opt for the
premium version for a month and if they are
impressed they can go for the long term plan.
So the price is near to what other music app
competitors charge. And thus it is a suitable price for
accessing the premium services and benefits.
โ€ขThe first time user needs to provide a referral of
some existing user for which both of them get
some of the premium services for a limited time
period for free.
โ€ขThe first time user needs to provide a referral of
some existing user for which both of them get
some of the premium services for a limited time
period for free.
โ€ขTop 5 premium users with highest credibility
(response on interactive platform) will be provided
premium services at half rates for a month.
โ€ขThe first time user needs to provide a referral of
some existing user for which both of them get
some of the premium services for a limited time
period for free.
โ€ขTop 5 premium users with highest credibility
(response on interactive platform) will be provided
premium services at half rates for a month.
โ€ขOn reaching a milestone like 1000 referrals each
member wins a gift voucher & all the premium
services free for a month.
โ€ขAndroid app
โ€ขWebsite
โ€ขWord of mouth
โ€ขVisiting
Prospective
colleges
โ€ขOrganizing events
at shopping malls
โ€ขEmail marketing
โ€ขFacebook fan page
โ€ขTwitter handle
โ€ขThe app release
video to be spread to
all potential customers
via several viral videos
network.
Analyzing factors exhibiting
successful implementation of the
service and look for similar
approaches for further growth.
Created By:
Shayantan Roy
Jadavpur
University
Guided By:
Prof. Sameer
Mathur
IIM Lucknow

Radio 365: Marketing Plan

  • 3.
    โ€ขTo introduce anew internet radio application along with the features present in normal music players present in the market.
  • 4.
    โ€ขTo introduce anew internet radio application along with the features present in normal music players present in the market. โ€ขProvide users an app with a much better recommendation engine.
  • 5.
    โ€ขTo introduce anew internet radio application along with the features present in normal music players present in the market. โ€ขProvide users an app with a much better recommendation engine. โ€ขSave time of the users demanded by the on-demand music streaming apps.
  • 6.
    โ€ขTarget users mainlyin the social media at the initial stage. โ€ขGather feedback. โ€ขExtend to other potential users by specific marketing strategy for youngsters (organizing relevant events at college campuses and shopping malls).
  • 8.
    โ€ขAlthough there area number of internet radio apps available in international market, but none of them available in India actually has a tailor-made recommendation engine. โ€ขUse and popularity of music apps have increased by a considerable amount in the last few years.
  • 9.
    โ€ขSchool students and collegestudents. โ€ขAdult young music lovers. โ€ขMostly men and women aged 15-35.
  • 10.
    โ€ขLack of aall in one internet radio music app with all the features of a quality online music player and a good recommendation engine. โ€ขPeopleโ€™s urge to connect and interact with music lovers of similar taste from all over the world.
  • 13.
    Music lovers from allover the world eager to experiment
  • 14.
    โ€ขOur mission isto offer an ultimate music experience to all with a supreme quality recommendation engine. We aim to bring all the music lovers from around the world to the same platform and offer them an experience like never before.
  • 15.
    โ€ขTo reach outto 1,000,000 downloads after launching in India within 1 year. โ€ขExpand in other markets viz. US, Canada, European United Nations, South Asian countries by end of 2nd year.
  • 16.
    โ€ขAfter discussing thegoal and analyzing the situation, lets lay down the strategy for the companyโ€™s marketing plan.
  • 18.
    โ€ขOur strategy focuseson launching the app country wise starting with India. โ€ขStaying in regular contact with customers via different online methods like social media and email. โ€ขFurther planning to launch in other parts of the world viz. US, China, European Countries.
  • 20.
    โ€ขService (POPs andPODs) โ€ขPrice โ€ขIncentives โ€ขCommunication Channel โ€ขDistribution Channel
  • 21.
    โ€ขThere a numberof apps offering values similar to what we are offering. The following are the Points Of Parity (POPs) and Points Of Difference (PODs) with the other available music apps in the market:
  • 22.
    โ€ขPlay online musicby genre, artist, or movie. โ€ขShare a song on Facebook, Twitter or other social networking sites. โ€ขBuild a radio station for yourself. โ€ขSee the lyrics of the song which is being played.
  • 23.
    โ€ขFind other listenersfrom all over the world listening to same type of music. โ€ขBuild a radio station for yourself or even for a friend to let them know how much you know them.
  • 24.
    โ€ข State-of-the-art recommendationengine which will enable user to build a station by choosing only one song. โ€ขDesign of a tailor-made algorithm based on musical traits that are entered by music experts.
  • 26.
    โ€ขPlay online musicby genre, artist, or movie. โ€ขVisit profile/station of users containing the song which is being played and build a radio station for yourself. โ€ขProvide a one stop solution for adding new music to the library manually or automatically. โ€ขAdds will be present.
  • 27.
    โ€ขShare a songon Facebook, Twitter or other social networking sites. โ€ขGet unlimited suggestions only by reacting to one song depending on the n number of attributes present in it. โ€ขRate each song individually.
  • 28.
    โ€ขSee the lyricsof the song which is being played. โ€ขFind other listeners from all over the world listening to same type of music. โ€ขFind the top users having the most similar taste. Make new friends with same taste of music.
  • 29.
    โ€ขRate and commenton the profile/station of other users. โ€ขFind other listeners from all over the world listening to same type of music. โ€ขNo adds will be present.
  • 30.
    โ€ข 4.99 USDfor a month. โ€ข54.89 USD for a year. โ€ขCustomers can choose whether to opt for the premium version for a month and if they are impressed they can go for the long term plan.
  • 31.
    So the priceis near to what other music app competitors charge. And thus it is a suitable price for accessing the premium services and benefits.
  • 32.
    โ€ขThe first timeuser needs to provide a referral of some existing user for which both of them get some of the premium services for a limited time period for free.
  • 33.
    โ€ขThe first timeuser needs to provide a referral of some existing user for which both of them get some of the premium services for a limited time period for free. โ€ขTop 5 premium users with highest credibility (response on interactive platform) will be provided premium services at half rates for a month.
  • 34.
    โ€ขThe first timeuser needs to provide a referral of some existing user for which both of them get some of the premium services for a limited time period for free. โ€ขTop 5 premium users with highest credibility (response on interactive platform) will be provided premium services at half rates for a month. โ€ขOn reaching a milestone like 1000 referrals each member wins a gift voucher & all the premium services free for a month.
  • 35.
    โ€ขAndroid app โ€ขWebsite โ€ขWord ofmouth โ€ขVisiting Prospective colleges โ€ขOrganizing events at shopping malls
  • 36.
    โ€ขEmail marketing โ€ขFacebook fanpage โ€ขTwitter handle โ€ขThe app release video to be spread to all potential customers via several viral videos network.
  • 46.
    Analyzing factors exhibiting successfulimplementation of the service and look for similar approaches for further growth.
  • 49.
    Created By: Shayantan Roy Jadavpur University GuidedBy: Prof. Sameer Mathur IIM Lucknow

Editor's Notes