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Sunday, December 9, 2012

Is Facebook the Best Way to Connect with Your Audience?

How many times a day do you check your Facebook?  For many people, this answer is several times a day.  Some people do it from their phone without even realizing it.  It seems as though we all flock to Facebook to keep up with the lives of our family and friends, and now more than ever, we are using it to form a connection with celebrities.  By simply clicking that little "Like" button, fans can feel as though they are in the inner circle of their favorite artists' lives. So it stands to reason that if you want to get information out to your fans, post it on your Facebook page.  Does this same ring true for a company launching a new campaign?  Absolutely.  The world seemingly revolves around Facebook and other social media giants like Twitter, so it is wise to utilize a channel that reaches around the world and touches millions and millions of consumers.

Not so long ago, it seemed as though you never knew what was happing with an artist or band that you liked, then out of nowhere, they had a new album coming out and tour dates posted.  Now, you know months in advance that they are writing, what studio they will record in, and who their producer will be, all thanks to social media.  Hard rockers Sevendust provided all of this information prior to heading in to the studio to record their next release.  They followed it up by posting videos of the happenings in the studio and to give little glimpses into the new tunes as they were being recorded. They posted the album cover along with the release date to their Facebook page, and will often post the day of a concert to let fans know where they can find a VIP ticket waiting for them. They have long held a reputation for being highly fan oriented, but Social Media have allowed them to expand on this reputation, and they are taking full advantage.

Another band making the most of the Social media world are up and comers Like A Storm. The trio of brothers from New Zealand have found a great deal of success opening for bands such as Creed and Alter Bridge, but have gained a loyal fan base by constantly staying in touch with their fans via social media, and giving the fans opportunities to vote for where they would like to see the band play, and help to plan the tour in some way with these votes.  This approach to Facebook has help to develop and maintain a deep connection with fans who in turn share news of Like a storm with their friends and have helped the band to gain momentum as they make their push for their big break.


Monday, November 26, 2012

The New "Live" Event

A few weeks ago, I touched base on the changing face of the music industry. Today, I'm going to discuss a little more about how concerts are changing. Fans no longer have to buy tickets to see their favorite band live.  More and more, it is becoming common to see live broadcasts of concert events being streamed online for fans world-wide to view. I'm once again going to use my go-to guys, the Foo Fighters, as my example. Dave and the crew have been known to frequent the European music festival scene, and a few years ago, it was just tough luck for the U.S. based fans who had to miss these epic performances.  On their last touring cycle, many of their performances were streamed live online, and suddenly, those of us in the U.S. had the best seat in the house. Their full performance at Reading Festival 2012 served as a major treat for fans who missed their short U.S. run in 2011. My blog is seriously going to suffer for examples now that these guys are going on hiatus.

Now, what does this approach mean for traditional concert promoters?  Is this going to hurt us? Absolutely not.  I feel that this new channel is going to become an invaluable tool for marketing future performances.  By streaming shows live online, you give fans who couldn't afford a ticket, or didn't get to the ticket booth fast enough a second chance to see their favorite band.  When they know that you are there to help them out, they will be more loyal to you in the future. You also give fans who are skeptic about an artist a chance to check things out before they go pay their hard earned money for a ticket to see them live.  You're providing families with children a chance to watch a show that may not be suitable for smaller fans up close and personal, so that the kids can enjoy the performance without being trampled in a mosh pit.  Live streams also provide a preview of the venue for someone who has never attended an event there before.  The Rave in Milwaukee, WI live streams many of their shows, helping to promote both themselves, and the artists the book.  They keep these shows posted to their Youtube Account which provides a chance for those in attendance to relive the events of the night.
Their live stream of rock veterans Sevendust provided a chance for many fans to catch their performance on a very short tour they did just before going back into the recording studio.

One final perk to the ever-prevailing digital method of concert promotion is the fact that you can get any information you want out to your target market for FREE.  With a simple Youtube account, you can record any message and post it online, where it can be viral with a few days, spreading your news world wide.  Of course, you want that message to be interesting, in order for it to have maximum impact.  This tour announcement from the Foo Fighters may leave you with a few ideas on how to accomplish this.

Thursday, November 15, 2012

Business Plan Experts Part 2

After my first posting on Business Plan experts, I took some time to stop and examine my own business plan.  I looked at the qualities of a entrepreneur as presented by Carl Schramm to see how many of those qualities I currently possess.  I've worked in numerous industries, held positions that I didn't enjoy for bosses who were less than stellar, and have been considered an outsider at my place of work on more than one occasion.  I have learned that the hard questions are the ones that must be asked first, and answers must be given.  I have taken those qualities, and applied them to the position that I currently hold in a quest to make myself the best leader possible, and have been rewarded with respect from the employees that I supervise, and praise from my superiors.  In regards to Schramm's philosophy that a business plan quickly becomes outdated, I have taken a closer look at my own business plan, and have discovered ways to make it more timeless and easily adaptable. I have given it specific detail in some areas, and left others vague in order to allow for necessary change should I discover that getting my business plan into the right hands takes longer than I had originally anticipated.

I have also taken steps to heed the advice of Dr. Steven Gedeon, who believes that the Executive summary and qualifications are the most important parts of a business plan. To me this made sense, as they tell the majority of the story about the business and who will be running it. When composing these sections I will make every effort to ensure that I have perfected them both. I have developed a clear vision of the business, and know the best way to overcome my competition.

http://bpexpertviews.blogspot.com

Sunday, October 28, 2012

Business Plan Experts


PhD Economist Carl Schramm is the past President and CEO of Ewing Marion Kauffman Foundation.  He has several interesting views on the Entrepreneur and business plans.  In regards to the entrepreneur, he feels that the main characteristics are that of someone who has worked in many industries, in jobs that they have not enjoyed, and in multiple places in the world.  He also notes that many entrepreneurs will have worked in startups, will not be afraid to ask hard questions, and will be considered somewhat of an outsider.  I think that many of these characteristics make sense, and would prove to be true of many Entrepreneurs, as these traits and experiences will have allowed them to form a very clear picture of what they want out of their business.  In regards to the business plan, Schramm believes that it is an item that becomes quickly out of date, and that one should not stick solely to it.  This I absolutely agree with, as I feel that it is impossible to predict the future, and therefore impossible to know if your business plan will be 100% correct and appropriate indefinitely.

Dr. Steven Gedeon is an award-winning expert in business plan writing and professor of Entrepreneurship at Ted Rogers School of Management.  He has founded many organizations and has several excellent view on business plans, the critical questions you must ask yourself, and what the most important part of the business plan is.  Gedeon knows that you must ask yourself what your business is and who you are selling to.  He also knows that you must have a clear vision of your price point and who your competitors are when developing your business plan. He believes that the Executive Summary is and qualifications of the management team are the most important parts of the business plan, and that the key component of the plan is its credibility.  

Sunday, October 14, 2012

Today's Digital Landscape

I'm sure by now, most of you have realized that the landscape of the music industry has drastically changed.  This is no longer an industry that is firmly based in brick and mortar, mom and pop, stores where everyone runs on Tuesday to pick up the latest albums from their favorite artists. These days, people simply hop on their computer at midnight, open their iTunes, and click but now, and they have those same albums within a matter of minutes.  In other cases, they log onto a torrent site, and get the album for free weeks, or even months before its scheduled release. This is a digital world that we live in, and the landscape is changing at a rapid pace.  People have gone from buying music in stores, to ordering CDs online, to purchasing digital albums, and never touching a physical copy of the release.  The concert promotion world is making this digital transition as well.   Artists and venues are partnering with online sites to stream live performances that give fans who can't attend a chance to feel like they are there.  Is this going to become the new norm?  Will promoters in the future have to partner with streaming sites to broadcast their shows?  I for one actually hope to see this trend become more popular and affordable enough for all concert venues to be able to provide this to fans, especially since the economy prevents some from being able to afford the joy of a live music event.  Nothing would make me happier than to promote live events that include a webcast so that all of my potential customers can feel included in the event, and may be more likely to attend an event that I promote in the future. 

Saturday, September 29, 2012

Foo Fighters Master the art of Social Media Marketing

Now, I'm sure I've probably made it abundantly clear by now, the foo Fighters are my favorite band.  But I'm not just a fan because of their music, I'm a fan of the genius behind their marketing techniques.  If an up and coming band were to ask me how they should go about marketing their latest release or promoting their tour, I would tell them to go check out every possible Social Media account held by the Foo Fighters.  They use their sense of humor to produce promotional videos, release them via various Social Media outlets, and watch the fans go wild.  The band released little snippets of songs from last year's release Wasting Light on Facebook and Twitter before the release of the album, and posted photos and videos from the studio while recording it.  They personalize their Facebook posts to the cities that they visit while on tour, to bring the experience home to the fans.  I think that debut of Wasting Light at number one on the Billboard charts only goes to prove that the band is doing something right.  The are reaching out and making a connection with fans, and doing it the right way.  The more artists that get on board with this style of marketing, the more I think we will see a resurgence in album sales, and perhaps a new breath of life in the music industry.
 http://jsdsgn.com/foo-fighters-rocking-the-social-media-world/
http://www.daily49er.com/opinion/the-foo-fighters-set-a-good-example-for-other-mainstream-artists-1.2538867#.UGdiiUL4ufQ

Sunday, August 26, 2012

Industry Expert Blog


I found these podcasts to be mostly informative as to what is required to break into entertainment law, and what qualities are most useful in this field of law. The ASU law blog commented on the copyright infringement case filed last year by the tattoo artist who designed and tattooed Mike Tyson’s face tattoo against Warner Brothers.  The suit was filed over the tattoo seen on Ed Helm’s face in The Hangover 2, which is the same as the one Mike Tyson has.  The artist was trying to block the opening of the movie, but the hosts of the podcast state that the case will likely be settled as parody and rule that the tattoo is fair use. As we know now, the movie did open on time, which served as a major strike against the tattoo artist.  In the law school interactive podcast, Larry Zerner uses Charlie Sheen’s contractual issues with Two and a Half Men as an example of entertainment law at work. The law school interactive podcast featured three entertainment lawyers who spoke about their definition of entertainment law, and what is encompassed under this field.  They also state that traditional law school may not fully prepare a student for entertainment law.  One tip that I thought was very good to hear was that an entertainment lawyers ability to negotiate will be one of their most powerful assets.  
Another case discussed in these podcasts was a trademark case for a suit filed by Eastland Music Group over the movie 50/50.  The group represents a music group that uses the same name.  The judge in the case watched the movie and then ruled that the title was relevant to the movie in that it described the main character’s chances of surviving his battle with cancer. The ruling was that there was no similarity to the music group, even though the name was the same.

Industry Expert Blog


I found these podcasts to be mostly informative as to what is required to break into entertainment law, and what qualities are most useful in this field of law. The ASU law blog commented on the copyright infringement case filed last year by the tattoo artist who designed and tattooed Mike Tyson’s face tattoo against Warner Brothers.  The suit was filed over the tattoo seen on Ed Helm’s face in The Hangover 2, which is the same as the one Mike Tyson has.  The artist was trying to block the opening of the movie, but the hosts of the podcast state that the case will likely be settled as parody and rule that the tattoo is fair use. As we know now, the movie did open on time, which served as a major strike against the tattoo artist.  In the law school interactive podcast, Larry Zerner uses Charlie Sheen’s contractual issues with Two and a Half Men as an example of entertainment law at work. The law school interactive podcast featured three entertainment lawyers who spoke about their definition of entertainment law, and what is encompassed under this field.  They also state that traditional law school may not fully prepare a student for entertainment law.  One tip that I thought was very good to hear was that an entertainment lawyers ability to negotiate will be one of their most powerful assets.  
Another case discussed in these podcasts was a trademark case for a suit filed by Eastland Music Group over the movie 50/50.  The group represents a music group that uses the same name.  The judge in the case watched the movie and then ruled that the title was relevant to the movie in that it described the main character’s chances of surviving his battle with cancer. The ruling was that there was no similarity to the music group, even though the name was the same.

Industry Expert Blog


I found these podcasts to be mostly informative as to what is required to break into entertainment law, and what qualities are most useful in this field of law. The ASU law blog commented on the copyright infringement case filed last year by the tattoo artist who designed and tattooed Mike Tyson’s face tattoo against Warner Brothers.  The suit was filed over the tattoo seen on Ed Helm’s face in The Hangover 2, which is the same as the one Mike Tyson has.  The artist was trying to block the opening of the movie, but the hosts of the podcast state that the case will likely be settled as parody and rule that the tattoo is fair use. As we know now, the movie did open on time, which served as a major strike against the tattoo artist.  In the law school interactive podcast, Larry Zerner uses Charlie Sheen’s contractual issues with Two and a Half Men as an example of entertainment law at work. The law school interactive podcast featured three entertainment lawyers who spoke about their definition of entertainment law, and what is encompassed under this field.  They also state that traditional law school may not fully prepare a student for entertainment law.  One tip that I thought was very good to hear was that an entertainment lawyers ability to negotiate will be one of their most powerful assets.  
Another case discussed in these podcasts was a trademark case for a suit filed by Eastland Music Group over the movie 50/50.  The group represents a music group that uses the same name.  The judge in the case watched the movie and then ruled that the title was relevant to the movie in that it described the main character’s chances of surviving his battle with cancer. The ruling was that there was no similarity to the music group, even though the name was the same.