<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	>

<channel>
	<title>Entertainment Media Research &#187; viral marketing</title>
	<atom:link href="http://entertainmentmediaresearch.co.uk/category/viral-marketing/feed/" rel="self" type="application/rss+xml" />
	<link>http://entertainmentmediaresearch.co.uk</link>
	<description>Digital Entertainment Survey</description>
	<lastBuildDate>Thu, 07 Jan 2010 16:14:17 +0000</lastBuildDate>
	<generator>http://wordpress.org/?v=2.9.2</generator>
	<language>en</language>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
			<item>
		<title>Music still sells…</title>
		<link>http://entertainmentmediaresearch.co.uk/music-still-sells%e2%80%a6/</link>
		<comments>http://entertainmentmediaresearch.co.uk/music-still-sells%e2%80%a6/#comments</comments>
		<pubDate>Wed, 27 May 2009 05:35:15 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[industry news]]></category>
		<category><![CDATA[music research]]></category>
		<category><![CDATA[viral marketing]]></category>

		<guid isPermaLink="false">http://emr.emr-host.com/?p=23</guid>
		<description><![CDATA[Despite much editorial about the right business model of the future there are still some artists who appear to generate some serious revenue. That’s not fundamentally the result of clever marketing or new business models. It’s down to old-fashioned consumer love for an artist that translates into purchase activity.
If you subscribe to PopScores you can [...]]]></description>
			<content:encoded><![CDATA[<p>Despite much editorial about the right business model of the future there are still some artists who appear to generate some serious revenue. That’s not fundamentally the result of clever marketing or new business models. It’s down to old-fashioned consumer love for an artist that translates into purchase activity.<br />
<span id="more-23"></span><BR>If you subscribe to PopScores you can see this firsthand. Most of the artists tracked by PopScores manage to score a purchase propensity of only 5% ie just one in twenty people who are familiar with these artists are inclined to buy new music by them. The average varies across demographics but the highest purchase propensity rate is with teenagers (7%) and it then declines to 3% amongst 50-59 year olds. So the consumer segment that has the strongest passion for artists and seemingly the highest stated purchase intention is also the one most likely to help itself to free music through social networking and file sharing bit torrent sites.<BR><BR></p>
<p>Now, what PopScores reveals is an exceptionally strong purchase propensity for some artists and these are typically artists who sell well in the adult segments despite that market’s relatively low inclination to buy music. Take That for example have a purchase propensity which is x 5 the average in the oldest segment (and amongst women). It’s no surprise therefore that they continue to sell music at a prodigious rate.<BR><BR></p>
<p>Listed below are the twenty acts with the highest purchase propensity. Obviously being in this position is no guarantee of success if the album is poorly received but what it does provide is the lifeline to come back with something that delivers what consumers want.<BR><BR></p>
<p><strong>Popscores Purchase Intention</strong><BR><BR></p>
<p>Let’s focus upon Kings Of Leon. Here is an act whose Informed Awareness is only 75% which places them in 90th position. However, their purchase propensity score is an overall 16% across all demographics and that puts them in 3rd position. What is remarkable is that although Kinds Of Leon are an act with its primary market in the 13-29 year old segments they manage to score x4 the average purchase propensity with the 30-49 year old demographics and over twice the average in the 50+ year old segment.<BR><BR></p>
<p>Not only do Kings Of Leon currently command more purchase intention than the vast majority of more familiar artists, it’s highly likely that with increasing familiarity they will become one of the biggest selling artists in the UK. Only The Killers are in their company with a 79% informed awareness and a 15% purchase propensity.<BR><BR></p>
]]></content:encoded>
			<wfw:commentRss>http://entertainmentmediaresearch.co.uk/music-still-sells%e2%80%a6/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Matthew Effect Marketing</title>
		<link>http://entertainmentmediaresearch.co.uk/matthew-effect-marketing/</link>
		<comments>http://entertainmentmediaresearch.co.uk/matthew-effect-marketing/#comments</comments>
		<pubDate>Thu, 20 Nov 2008 15:55:34 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[music research]]></category>
		<category><![CDATA[viral marketing]]></category>

		<guid isPermaLink="false">http://entertainmentmediaresearch.co.uk/?p=204</guid>
		<description><![CDATA[The rich get richer and the poor get poorer. That in essence is the Matthew Effect. The term was originally used in science but can explain how music marketing works most effectively in the digital age.
At the heart of the internet there are lists. Lists are traffic drivers. Most viewed, Most discussed, Most listened to, [...]]]></description>
			<content:encoded><![CDATA[<p>The rich get richer and the poor get poorer. That in essence is the Matthew Effect. The term was originally used in science but can explain how music marketing works most effectively in the digital age.</p>
<p>At the heart of the internet there are lists. Lists are traffic drivers. Most viewed, Most discussed, Most listened to, most this and most that. People use lists to filter their exposure to new music. People want the best of things. For anyone serious about spreading their creative content, getting on a popular list is an absolute requirement.</p>
<p>Once on that list, the Mathew Effect takes over. Listed content will always grow in popularity, the extent determined only by the level of emotional connection. The more it grows, the more it will grow. That’s cumulative advantage or in simple terms, snowballing.</p>
<p>It’s not just the lists as we know them. It’s also about visibility, about “dressing up” content. A search on YouTube for a specific video may show up the same video several times. Tests have shown that the clip with the most views is the chosen one; the Matthew Effect at its best.</p>
<p>This of course also applies to different clips within the same subject.</p>
<p>While we’re all seeding content in the hope that people will ultimately share or recommend it, the sharing dynamic only applies when the content is perceived to be worth sharing. Generally it’s not individuals who discover music that they then share but a group or community who decide what’s best.</p>
<p>This of course is why social network marketing is so attractive.</p>
<p>If you want to see this in place then check out a property company by the name of <a href="http://www.cylex-uk.co.uk/company/simarc-property-management-ltd-14606072.html">simarc</a>.</p>
<p>Getting on the list to take advantage of the Matthew effect is the most difficult hurdle. Becoming richer when you’re already rich is much easier than going from poor to rich.</p>
<p>Matthew Effect Marketing is the art of bypassing the natural and often slow selection process and moving directly to relevant lists where visibility can create its own impetus.</p>
]]></content:encoded>
			<wfw:commentRss>http://entertainmentmediaresearch.co.uk/matthew-effect-marketing/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
	</channel>
</rss>
