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Music

  1. 1. Group 5 • Deepak Chawla- UB30090378 • Tasleem Sherwa- UB30088402 • Bharath Reddy- UB30089298Thursday, 7 June 12
  2. 2. Introduction 2Thursday, 7 June 12
  3. 3. Thursday, 7 June 12
  4. 4. Music Industry The music industry or music production includes compositions, recordings and performances of music. (Rusbiz Librarian, April 24 2006).Thursday, 7 June 12
  5. 5. T-Series • Founded in 1982 by Late Shri Gulshan Kumar. • Initially, as an Audio Cassettes Recording Business. • Offers three technologies via their website:  Online File Sharing (Music)  E-Commerce  ECRM T-series, (2009)Thursday, 7 June 12
  6. 6. Technologies Used 6Thursday, 7 June 12
  7. 7. What is Online File Sharing ? • Allows internet users to share files. • Access from anywhere in this world. • Via computer or mobile phone. There are two type of File sharing. Centralize Decentralize. (BPI British Record Industry, 2012)Thursday, 7 June 12
  8. 8. Centralized Online File Sharing http://www.vuze.com/corp/ technology.phpThursday, 7 June 12
  9. 9. Decentralized Online File Sharing http://www.vuze.com/corp/technology.phpThursday, 7 June 12
  10. 10. What is E-Commerce ? • E-Commerce refers to the buying and selling of goods (products and services) via the internet. • Use in all technologies such as marketing, Supplier Change Management and Online transaction processing.Thursday, 7 June 12
  11. 11. What is ECRM ? • Stands for Electronic Customer Relationship Management. • Strategy used to learn more about the customers’ needs and behaviours in order to develop stronger relationships with them. • Shopping patterns and behaviours as a conduit for different business model specially B-2-C transactionsThursday, 7 June 12
  12. 12. Benefits of Technologies for Industry Online file sharing.  Data updating and maintains is easy.  Generate twin sources of revenue.  Reduce CD/DVD Manufacturing costs & man power.  Access & share important files 24/7 from any web connection. E Commerce  Increase in revenue.  Improvement in the efficiency of transaction processes.  Support the launch of new products through the website.  Convenient Purchase. ECRM  Help to build better interaction with customer.  Help to work according to customer needs.  Prompt Service.  Customer satisfactionThursday, 7 June 12
  13. 13. Benefits of E-commerce • Allowed people to carry out business without the barriers of time, distance, cost, physical effort etc. • Reduction in buyers sorting out time • Less time is spent in resolving invoices • Reduces delivery time • Reduces labour cost • Reduces document preparation 13Thursday, 7 June 12
  14. 14. Benefits of ECRM •Changed the shopping patterns in T- series •Increased Quality of the services •Increased customer convenience •Made customers repeat shopping •Made communication very easy •Reduced cost of communication T-series, (2009) 14Thursday, 7 June 12
  15. 15. Benefits of Online Sharing • Benefitted T-series for advertising their own movies, albums for marketing. • Social democracy • Biggest advantage is Customer convenience • Reduce CD/DVD Manufacturing costs & man power. 15Thursday, 7 June 12
  16. 16. Advantages for Organization • ROI • Competitive Advantage • Customer Convenience • Meet demand from suppliers • Streamline Operations (Wallace Wang, October 25, 2004) 16Thursday, 7 June 12
  17. 17. Demonstration of technology use for T-Series • Online File (Music)Sharing. • E-Commerce • ECRM.Thursday, 7 June 12
  18. 18. 18Thursday, 7 June 12
  19. 19. 19Thursday, 7 June 12
  20. 20. 20Thursday, 7 June 12
  21. 21. Challenges in 3 Technologies Online file sharing.  Uploading and downloading speed.  Technological limitations.  Digital Piracy.  Lack of adequate security. E Commerce  Limitations of the available bandwidth.  Low level Transaction Security.  Lack of Trustworthy systems for authentication and certification of payments.  Taxation government laws.  Credit Card penetration. ECRM  Lack of trust in sharing customer information.  Hacking the server.  Absence of physical interaction.  Misunderstanding the customer problems. 21Thursday, 7 June 12
  22. 22. Future Prospective of 3 Technologies Online file sharing.  Improvement in the technology.  Better bandwidth.  Expansion of usage in the industry.  Cloud. E Commerce  Incorporation of QR Technology and Virtual Shopping.  Better Security.  New payment systems such as E Wallet and E Cash.  Acceptability by customers and government.  Use in the every aspect of the industry. ECRM  Increased Trust in sharing information by the customers .  More customer interaction.  Better and secured Technology. 22Thursday, 7 June 12
  23. 23. Conclusion • Better Technology and Performance. • Customer Satisfaction and Interaction. • Convergence. • More Exposure using Social Media. • Decrease in illegal downloads. • Technologies in infant stage. 23Thursday, 7 June 12
  24. 24. Reference • Bharati Dubey, (Aug 25, 2009), Delhi high court orders Zee to pay T-Series, Retrieved on 25th May, 2012 from http://articles.timesofindia.indiatimes.com/ 2009-08-25/mumbai/28180970_1_t-series-zee- network-zee-officials • Rusbiz Librarian, (April 24 2006), Music Industry Retrieved on 20th may, 2012 from http:// library.rusbiz.com/article_index.html?id=3186. • BPI British Record Industry, (2012), File-sharing Retrieved on 15th may from http://www.bpi.co.uk/ digital-music/article/online-faqs.aspx • Wallace Wang, (October 25, 2004), Steal This File Sharing Book: What They Wont Tell You about File Sharing, USA, William PollockThursday, 7 June 12
  25. 25. Thanks. 25Thursday, 7 June 12

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