Popcorn With @Mark_Mulligan And Indie Music Marketing Tactics

I attended an online Music Biz Association webinar last week presented by Mark Mulligan. Mulligan is the author of the Music Industry Blog, Managing Director of of MIDiA Research and “a media and technology analyst of more than 15 years’ standing and one of the leading voices in music industry analysis.”

I really like Mulligan’s blog posts because he is a music industry wonk, something I can only aspire to. His work is original and thorough. He often presents his research findings at music industry conferences.

One of the ideas Mulligan presented in this webinar is that music itself is no longer a revenue-generating product for musicians. This has powerful implications for the average musician’s marketing strategy and tactics.

Because music is so much in abundance now (due to the digital democratization of both music production and distribution) it has effectively been commoditized down to zero price, so that makes it hard to make a living as a musician.

This is not a new idea, of course. The effect is even more pronounced for emerging artists or artists with niche appeal.Mark Mulligan Popcorn

So what is a starving musician to do to keep themselves going?

[Tweet “Musicians, find your popcorn”]
Mulligan proposes that artists should follow the marketing model developed in the early days of the cinema (theater) business.

Here’s the basic idea (from a 2014 post on Digital Ascendency on Mulligan’s blog):

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How New Age Musicians @RickyKej and @WouterKellerman Won A Grammy

Ricky Key and Wouter Kellerman

In fall of 2014, I interviewed New Age artists Ricky Kej and Wouter Kellerman about how they marketed their newest collaboration, Winds of Samsara. The album debuted in July at No. 1 on the Billboard New Age Chart, and then spent the following 12 weeks in the Top 10.

****** UPDATE!! February 8, 2015 – Kellerman and Kej WON a Grammy for Best New Age Album at the 57th Grammys. Congratulations! It couldn’t have gone to two nicer musicians and a harder working team. ******

Ricky, Wouter and their team are a hybrid indie artist marketing model: neither the artist nor the label does 100% of the marketing. Most of the marketing strategy, however, is planned and driven by the artists and their managers, with similarities to how Macklemore (Ben Haggerty), Ryan Lewis and Zach Quillen drove the charting success of The Heist in 2013.

Ricky and Wouter signed this project with a label, but they recognized from the start that their label wasn’t going to do everything needed to promote the album. The artists themselves needed to pitch in, especially with social media promotion. That is the powerful story here – all the incredible networking and promotion this team did for the album, in addition to using key industry resources at their label to help strategically promote the album in distribution and on the radio.

I’ve seen first hand on social media how Ricky, his wife Varsha Kej, Wouter, and Wouter’s manager, Tholsi Pillay, persistently promote Winds of Samsara. All four fluidly mix the creative with business. In addition to being Wouter’s manager, Tholsi played keyboards and synth on the album, and Varsha is Ricky’s manager as well as a sitar player. 

I wanted to hear more about how this marketing dynamo planned and executed their marketing, and what has gone into debuting and maintaining Winds of Samsara’s Billboard chart status over the past weeks and months. I also wanted to know what kind of promotional team they have behind them (distributor, PR, etc.)

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Walking The Dog Episode 12: Future Revenue Models For Indie Musicans

Hare Krishnas London

In this week’s 7 1/2 minute episode, I am podcasting from lovely London, and the subject is streaming music and the future of indie music revenue streams. (The picture is of some Hare Krishnas we encountered on our walk back to the place we are staying at.)

An article this week in Digital Music News entitled Why Apple’s Acquisition of Beats Is Bad for Indie Labels, Artists, and the Industry… argues that the acquisition of Beats Music by Apple is a bad thing for indie artists and labels. The basic argument is that as download revenue declines, streaming revenue will not increase enough to compensate (essentially due to the unbundling of the single from albums), and that labels will continue to keep a large amount of the revenue from streaming from artists anyway, and so this is not a good model for indie musicians.

I disagree. I think the future viable revenue model for an indie musician will look more like that of indie artist Zoe Keating, who revealed where her revenue comes from earlier this year. Zoe makes much more money from selling her music directly from her website ($68k) than from streaming her music ($6k) – but she is OK with that.

In a March article on Hypebot, she is quoted putting her revenue streams into perspective, saying, “…Aren’t I just an example of “The Long Tail” at work?… For a single artist like me commercial streaming will never be more than promo. I accept that. But I will keep talking about it until streaming companies do more to make that promo more useful (i.e data).”

I believe that the Zoe Keating model is the model of the future for indie artists – one where record labels don’t stand between the services that deliver the music to fans and the artist – and more importantly, where they don’t stand between the payments made by those fans and the artist who created the music.

Please leave your comments below, I’d love to hear your thoughts!

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Walking The Dog Episode 5: Integrated Marketing

In this latest installement of my weekly podcast, I discuss two current articles and the issues they raise around marketing your music online through social media and other online marketing tools. I record this podcast every Friday morning while I walk my dog, which is where I do some of my best thinking about whatever is on my mind that week related to my music and music promotion as a DIY musician.

The first article I talk about in my 16 minute podcast this week is from Digital Music News, entitled See How St. Vincent Doubled Her First Week Album Salesby Nina Ulloa. It shows that an integrated digital marketing approach incorporating multiple ways to reach a customer can be a very successful technique for increasing music sales. I talk about my conversation this week with Jason Hobbs of The Found Group, the digital marketing agency that handled St. Vincent’s campaign, and how I see the techniques of this campaign might be applied by DIY musicians.

I also discuss an article on Social Media Today entitled Why Facebook Is Not Part of My Social Media Strategy by Shell Robshaw-Bryan, which makes the case for leaving Facebook out of the marketing mix entirely. Although Robshaw-Bryan was starting a blog (not a band or music website) from scratch, she makes some good points about the decreasing effectiveness of using Facebook to build a community – whether you pay for advertising or not. Is it worth paying? Is it worth even playing?

[Tweet “”A customer usually has to see a product around seven times before they’ll make a purchase.” – Jason Hobbs, The Found Group”]

Regardless of what digital media tactics you use as a musician, from Twitter, Facebook, Tumblr, Instagram or more, the fact I found most interesting is something marketers in other industries have known for years: it takes an integrated digital marketing campaign with multiple customer “touches” before purchase happens. There is no single event, or single digital platform – no silver bullet – that will result in an immediate sale.

This is just as true for customers buying music as customers buying beauty products or cars. With the exception of a live performance, most fans will not purchase music from an artist after just one interaction. Building an online community using multiple digital platforms, and using a “retargeting” tool such as The Found Group’s found.ee can help expose fans to an artist as a person, and to their music, multiple times. This multiple exposure is necessary for a fan to progress along in the consideration process, the “sales funnel”, if you will, to the end result of a purchase.

And the ultimate business goal of any marketing campaign purchase – whether it’s a ticket, a digital download, or merchandise. Being a “Like counter” is not as effective as creating community, word of mouth, and buzz that results in repeat purchases by fans.

What are your experiences with Facebook advertising, with integrated marketing, and with how you see fans process of deciding to buy music? I welcome your comments below. 

 

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