How Sony Music Hardwired Fans And Followers Into Its Business?

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How Sony Music Hardwired Fans & Followers Into Its

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ad:tech London 2012 How Sony Music Hardwired Fans And Followers Into Its Business? Martin Vovk, Insight Manager, Sony Music Tom Hoy, Senior Consultant, Promise

Transcript of How Sony Music Hardwired Fans And Followers Into Its Business?

Page 1: How Sony Music Hardwired Fans And Followers Into Its Business?

How Sony Music Hardwired Fans & Followers Into Its Businessad:tech / September 2012

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Mill

ion

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““We only We only realised we realised we had an had an audience audience when they when they started started stealing stealing from us”from us”

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““First we First we open a open a

bottle of bottle of tequila tequila

then we then we light a light a

doobie”doobie”

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The digital revolution has turned our business

model upside-down…

…and forced us to think about our audience

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The first step was creating a segmentation

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The Sony Music Segmentation

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But the audience still didn’t feel alive in the organisation

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……so we created so we created Sony Music Sony Music BackstageBackstage

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Sony Music Backstage supports 3 business objectives

Better products & services

More effective marketing

More audience focussed culture

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How we have created better products and services

Project Phoenix: how do we sell more back catalogue digitally?

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How we have created better products and services

Project Phoenix: Music that takes you to a better place

Catalogue purchases are triggered by fond memories

There are no online discounts to speak

of

Once you buy one track, you’re very

likely to buy a second

INSIGHT 1 INSIGHT 2 INSIGHT 3

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How we have created better products and services

Project Phoenix: Music that takes you to a better place

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How we have created better products and services

Project Phoenix: Music that takes you to a better place

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How we have created better products and services

Other evidence of strategic impact…

Established new creative

guidelines for music

videos

Developed a new D2C strategy (selling directly through

artist websites)

Created a new 3 tier

pre-ordering strategy

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How we have created more effective marketingHow we have created more effective marketing

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How we have created more effective marketingHow we have created more effective marketingHow we have created more effective marketing

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How we have created more effective marketingHow we have created more effective marketingHow we have created more effective marketingHow we have created more effective marketing

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Sony Music Backstage has

inputted on more than 100 releases since its launch

How we have created more effective marketing

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How we have created a more audience focused cultureHow we have created more audience focused culture

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How we have created a more audience focused cultureHow we have created more audience focused culture

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The digital revolution has been a blessing in disguise!

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Benefit 2: Develop ideas iteratively

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