Know Your Audience: The 5 Most Shocking Insights about Music Festival Fans

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+ Know Your Audience: The 5 Most Shocking Insights about Music Festival Fans

description

Do fans care more about headliners or the overall lineup? Is live streaming worth the effort and investment? How can I make sure that my event stands out? The music festival business is booming and there's no sign of it slowing down. We explore the drivers behind the music festival boom and how to take advantage of emerging trends in the space. To uncover the top music festival trends in 2014, Eventbrite teamed up with leading social media research company Mashwork to analyze over 20 million social media conversations about music festivals in the 2013-2014 season. We learned five surprising insights that event organizers, large and small, can put to use immediately to build a thriving, profitable brand and a “no boundaries” live event experience. What you’ll learn: - Who attends music festivals – what they care about, when they're talking, and how to reach them - Why FOMO (fear of missing out) is the festival organizer's best friend, and how to capitalize on remote participation - Why the overall festival experience and lineup matters most to attendees – and how to build your reputation and own your brand - Plus more fascinating facts and actionable recommendations!

Transcript of Know Your Audience: The 5 Most Shocking Insights about Music Festival Fans

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Know Your Audience: The 5 Most Shocking Insights

about Music Festival Fans

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The Opportunity

The music festival business is booming.

1 in 5Millennials attended a music festival in the past year

34%increase in online conversations in the past year

$1.3Bto sponsor music festivals, venues, and tours in 2014

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Research: Genesis and Methodology

Our goal: Understand music festivals through the lens of social media.

Part 1 – Conversation analysis:

• August 6, 2013 to August 5, 2014

• 20 million public Facebook, Twitter and online forum conversations

• Themes: where in time conversation took place, drivers of positive sentiment

Part 2 – Audience demographics:

• Sample: 9,000 Twitter users who had discussed at least one music festival

• Derived demographic information

• Analyzed Twitter behaviors, including number of followers number of tweets per day, and accounts they follow

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Top 5 Most Shocking Insights about Music Festival Fans

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Insight #1: The Overall Lineup and Experience Matter the Most

What Fans Are Saying About Music Festivals

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Insight #2: 54% of the Conversation Happens Before the Event

PRE-EVENT DURING EVENT POST-EVENT

54% 17% 29%

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Insight #3: 23% of Posts are People Participating Remotely

1 in 5posts came from people expressing FOMO (Fear Of Missing Out)

70%of people say they are more likely to attend a future live event after participating online

Source: Eventbrite Harris Interactive survey of 2,000 U.S. consumers, July 2014

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Insight #4: 75% of the Online Chatter is Driven by Millennials

1 in 5Millennials attended a music festival in the past year

8 out of 25of the most buzzed-about music festivals were exclusively electronic

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Insight #5: Differentiated Brands Equal Higher Engagement

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Recap: Top 5 Most Shocking Insights about Music Festival Fans

The overall lineup and experience

matter most.

54% of the conversation

happens before the event.

75% of the online chatter is

driven by Millennials.

23% of posts came from

people participating

remotely.

Differentiated brands equal

higher engagement.

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