Digital music promotions have been around for several years, even back in the "digital pioneer" days of 2004 (which is a couple eons in Internet years). So it is occasionally interesting to go back and look at what other companies have done in the past.
In the summer 2004, McDonald's and Sony teamed up to launch the "Big Mac Meal Tracks" program, where they gave customers in six countries an access code that enabled them to download a free music track from the Sony Connect website with every Big Mac purchase. The campaign was run in North America and Europe; American customers received one song per purchase, while European customers received three. The digital music promotions campaign was so successful, McDonald's credited it with a 9.2 increase in same-store sales for the Q2 2004.
In a June 2004 press release announcing the campaign, McDonald's said this was not only their first multi-national digital music promotions campaign, it was the first time a digital music promotions campaign of this size was being offered — it was being held in six countries throughout June and July.
It was a promotion ahead of its time, because digital music promotions was not as common or accepted as it is in 2010. In fact, 2009 sales rang in at $4.2 Billion, while 2003 sales were only $83 million. For McDonald's to use digital music promotions in a time that it was still relatively new shows that they were interested in tapping into some new ways of reaching customers.
Even back in 2005 and 2006, experts were predicting that digital music promotions would begin to become a mainstay in corporate and retail incentive programs, and would continue to promote legal music downloads to customers.
Another benefit to the digital music promotions campaign is that it generated traffic throughout the day. Rather than a lunchtime only special, which only brings traffic during certain hours, having the digital music promotions campaign tied to a particular food item meant that it worked on lunch and dinner, regardless of the time of day. Most other restaurant campaigns tend to focus on a specific time of day — between 11 and 2 — which means that the traffic is increased during those hours, but may drop during the rest of the day.
In the 2004 press release, Jay Samit, general manager for Sony Connect said "This campaign by McDonald's will promote legal downloads, which is beneficial both to the entertainment industry and music fans around the world."
Even today, as digital music sales have increased, legal music downloads are still a concern to the music industry, so this is another benefit of a digital music promotions campaign. Users are able to download legal music with a basic purchase, which keeps both music label executives and marketers happy.
And because of the relatively low cost of a music download, marketers are able to use them as part of an overall marketing campaign, folding it into the promotions budget, rather than additional items that need to be purchased, shipped, or warehoused. Further, there is never a worry about how to dispose of leftover items, and promotional risk coverage can rein in higher-than-expected redemption numbers.
Following the digital music promotions campaign, a post promotions analysis process simply determines overall ROI, with the number of songs that were downloaded. Prior to campaign initiation, a promotional risk analysis would determine the number of downloads expected to be redeemed during the flight dates of the promotional campaign. Much like you insure your car from an accident or your home from a natural disaster, you can cover your digital music promotion against a risk associated with the liabilities associated with the costs of a large number of music download redemptions. The cost of promotional risk coverage is minimal, literally a fraction of the prize value, and is based on the promotional odds, the music download value, and the number of opportunities given to redeem the digital incentive.
It is important to recognize that free music downloads are of interest to more than just Generation Y. Now that mobile phones can play music, and MP3 player use is widespread, customers of all ages are willing and able to participate in a music promotions campaign. So even businesses that do not cater specifically to Generation Y can still use this kind of campaign to reach their own customers. With the inclusion of promotional risk coverage, a digital music promotions campaign provides marketers with the opportunity to increase conversions through valuable incentives, with a fixed promotional budget.
Source:
http://www.prnewswire.co.uk/cgi/news/release?id=124166
http://news.bbc.co.uk/2/hi/entertainment/3775657.stm
http://goliath.ecnext.com/coms2/gi_0198-19322/The-meal-is-the-music.html
Friday, December 31, 2010
Friday, December 24, 2010
Digital Music Promotions Prove Valuable Brand Promotions Deliver Long Term Customer Loyalty
Digital music promotions are as powerful and wide-reaching as they are evergreen. They give your company a multi-faceted promotional tool with which you can leverage popular artists to grow your brand and excite your target market. Because new artists are continuously catapulted into the spotlight, your business has access to an unlimited resource of popular music. You can harness this resource to meet an unquenchable consumer demand. In doing so, you'll improve your brand and create a surge in product sales.
Below, we'll give you a comprehensive preview of digital music promotions. You'll learn how they work and the unique promotional advantages they offer your business. We'll also describe how to use digital promotions to deliver a memorable impact at a surprisingly low cost. Lastly, we'll explain how you can tailor digital music promotions to form a seamless fit for your target audience, regardless of your marketing objectives.
How Digital Music Promotions Work
Digital music incentives are delivered to your customers online through customized landing pages and branded music stores. The digital music promotions are launched by distributing promo codes and website URLs in-pack, on-pack, through email, text messaging, signage, custom-branded cards, and other platforms. You can customize your marketing campaign to control its reach into your target market.
When your customers visit the website URL listed on your promotion, they'll be able to choose from a library of popular artists and songs. Once your customers select their downloads, they are prompted to enter their promo code.
You'll enjoy a tremendous level of flexibility in customizing your digital music promotions. You can broaden your music library to include millions of songs, or tighten it according to your audience and marketing objectives.
Harnessing The Advantages Of Music Promotions
Because the landing pages to which your target market is driven can be customized with your company's logo and artwork, your digital music promotions dramatically improve brand recognition. And because music has such universal appeal, it is one of the most potent levers for increasing customer loyalty.
That is merely scratching the surface of their potential.
When your target audience arrives on your customized landing pages, you'll have an opportunity to introduce them to new products your company is launching. You can also require them to provide personal information prior to downloading songs. That allows you to build a valuable database that you can leverage for future marketing campaigns. While digital music promotions can be harnessed to generate a boost in immediate sales, their potential effect on your business's bottom line extends much further.
Digital Promotions: High-Performance Promotional Impact & Low Cost
Digital promotions have quickly evolved into a multi-billion dollar industry. Companies have realized digital music promotions and other digital incentives can broaden their marketing reach at a remarkably low cost. Promotional incentives can be delivered online to mobile devices, through email, or customized landing pages. Given the high-performance impact of these promotions, the cost of distribution to a massive audience is exceptionally low.
Tailor Digital Music Promotions To Your Audience
Your target market can likely be broken down into tight segments. You can launch digital music promotions that cater specifically to each of these segments, according to their taste in music. The tighter your focus, the higher response you'll enjoy.
For example, suppose you're promoting a brand that appeals to multiple age groups. A younger audience may be motivated by digital music promotions highlighting alternative rock and hip hop artists. An older audience might be more willing to respond if offered classic rock songs. Still other segments of your target market may be motivated to respond by digital music promotions featuring Latino artists. Each market segment represents an opportunity to refine your focus and tap into a targeted pool of consumers.
Entertainment Promotions Leverage High-Profile Contentdigital music promotions are merely one of several types of entertainment promotions that can help drive your brand. Entertainment that has been created to promote high-profile content such as films, video games, television shows, and CD releases can be licensed and offered as digital incentives. That allows your company to benefit from the top of mind awareness enjoyed by these entertainment properties. Imagine launching digital music promotions for your brand that ride on the coattails of the latest Hollywood blockbuster or CD release.
Executing digital music promotions For Your Company
You can penetrate new markets, invigorate your current customer base, improve brand recognition, and spur long-term sales by launching customized digital music promotions. Your entire campaign can be designed as a turnkey solution. There's no need to host the music library on your site. Nor do you need to take an active role in driving web traffic to your branded landing pages. The delivery and fulfillment of your digital music incentives are also handled as components of the back-end system.
If you are not already leveraging Digital Music Promotions to reach more deeply into your market, now is the time to do so.
Below, we'll give you a comprehensive preview of digital music promotions. You'll learn how they work and the unique promotional advantages they offer your business. We'll also describe how to use digital promotions to deliver a memorable impact at a surprisingly low cost. Lastly, we'll explain how you can tailor digital music promotions to form a seamless fit for your target audience, regardless of your marketing objectives.
How Digital Music Promotions Work
Digital music incentives are delivered to your customers online through customized landing pages and branded music stores. The digital music promotions are launched by distributing promo codes and website URLs in-pack, on-pack, through email, text messaging, signage, custom-branded cards, and other platforms. You can customize your marketing campaign to control its reach into your target market.
When your customers visit the website URL listed on your promotion, they'll be able to choose from a library of popular artists and songs. Once your customers select their downloads, they are prompted to enter their promo code.
You'll enjoy a tremendous level of flexibility in customizing your digital music promotions. You can broaden your music library to include millions of songs, or tighten it according to your audience and marketing objectives.
Harnessing The Advantages Of Music Promotions
Because the landing pages to which your target market is driven can be customized with your company's logo and artwork, your digital music promotions dramatically improve brand recognition. And because music has such universal appeal, it is one of the most potent levers for increasing customer loyalty.
That is merely scratching the surface of their potential.
When your target audience arrives on your customized landing pages, you'll have an opportunity to introduce them to new products your company is launching. You can also require them to provide personal information prior to downloading songs. That allows you to build a valuable database that you can leverage for future marketing campaigns. While digital music promotions can be harnessed to generate a boost in immediate sales, their potential effect on your business's bottom line extends much further.
Digital Promotions: High-Performance Promotional Impact & Low Cost
Digital promotions have quickly evolved into a multi-billion dollar industry. Companies have realized digital music promotions and other digital incentives can broaden their marketing reach at a remarkably low cost. Promotional incentives can be delivered online to mobile devices, through email, or customized landing pages. Given the high-performance impact of these promotions, the cost of distribution to a massive audience is exceptionally low.
Tailor Digital Music Promotions To Your Audience
Your target market can likely be broken down into tight segments. You can launch digital music promotions that cater specifically to each of these segments, according to their taste in music. The tighter your focus, the higher response you'll enjoy.
For example, suppose you're promoting a brand that appeals to multiple age groups. A younger audience may be motivated by digital music promotions highlighting alternative rock and hip hop artists. An older audience might be more willing to respond if offered classic rock songs. Still other segments of your target market may be motivated to respond by digital music promotions featuring Latino artists. Each market segment represents an opportunity to refine your focus and tap into a targeted pool of consumers.
Entertainment Promotions Leverage High-Profile Contentdigital music promotions are merely one of several types of entertainment promotions that can help drive your brand. Entertainment that has been created to promote high-profile content such as films, video games, television shows, and CD releases can be licensed and offered as digital incentives. That allows your company to benefit from the top of mind awareness enjoyed by these entertainment properties. Imagine launching digital music promotions for your brand that ride on the coattails of the latest Hollywood blockbuster or CD release.
Executing digital music promotions For Your Company
You can penetrate new markets, invigorate your current customer base, improve brand recognition, and spur long-term sales by launching customized digital music promotions. Your entire campaign can be designed as a turnkey solution. There's no need to host the music library on your site. Nor do you need to take an active role in driving web traffic to your branded landing pages. The delivery and fulfillment of your digital music incentives are also handled as components of the back-end system.
If you are not already leveraging Digital Music Promotions to reach more deeply into your market, now is the time to do so.
Wednesday, December 22, 2010
Digital Media Promotions Are Reaching Baby Boomers
Your digital media promotions efforts should not just be aimed at Generation Y. Sure, they outnumber the Baby Boomers right now, 81 million to 78 million, but that does not mean you should count them out.
In fact, Baby Boomers are not the technology Luddites everyone assumes them to be. Last year, Jeremiah Owyang and Forrester Research released a report that said 60% of Baby Boomers were using social media of some sort or another, and that number is only going up. In 2007, the younger Boomers (ages 43 - 52, as of 2009) were consuming social media at a rate of 46%, while older boomers (ages 53 - 63) were using it at a rate of 39%. But by 2008, those numbers had increased to 67% and 62%, respectively.
Whether it is Facebook and Twitter, watching videos on YouTube, or listening to their iPods, Boomers are some of digital media's biggest users. So a digital media promotions campaign needs to focus on the boomers.
Owyang said in his report that marketers need to focus their digital media promotions campaigns on sites like AARP Online and social networks like Classmates, Facebook, and LinkedIn. "The fact that boomers are increasingly using these tools is a clear indication that it is just not a fad," Owyang said in a February 2009 New York Times article.
The trick, said Owyang, is to engage boomers with a digital media promotions campaign that does not require a lot of effort. He said that Boomers are less likely to participate in contests that require them to write long submissions, or create and upload videos or photos. According to the Forrester report, Boomers prefer digital media promotions like taking polls, rating and voting on items, ranking favorites, or providing user feedback of services or news stories.
This means a Boomer-focused digital media promotions campaign needs to focus on the issues that interest them, not what "young people" think is cool. That does not mean avoiding a digital media promotions campaign that gives free digital music downloads, for example. But rather than tying it into creating special online content, tie it into something the Boomers already enjoy doing. Maybe they are traveling more, or they still work out and participate in sports, or they love music and go to concerts, or they are classic car enthusiasts and visit different shows and rallies.
Boomers are also joining social networks in droves, growing from 15% in 2007 to 25% in 2009. And recent figures from Facebook shows that women, ages 50 - 60, are their fastest growing demographic. This means that not only is Facebook a viable digital media promotions and advertising channel, but company-sponsored social networks are as well.
For example, a social network geared toward older travelers, athletes, or music lovers could be a great long-term strategy for digital media promotions. Consider sponsoring a travel-based social network and being visible while members are discussing different travel destinations and sharing memories.
Forrester and Owyang even recommend using digital media promotions to target Boomers with a social application: according to the report, the number of older Boomers responding to online content doubled from 2007 to 2008, 15% to 34%. For example, a music label could consider launching a mobile app that focuses on a specific music genre geared toward concert venues and bands. Then, users could follow the progress of their favorite bands, see where they are going to play, or check the schedule of their favorite nightclub or concert hall to see who is coming to town. Then share their findings with friends, chat online with other fans, and even arrange meetups at concerts.
Digital media promotions should not be limited to just Generation Y. As Owyang and Forrester Research have shown, the Baby Boomer market is a fertile playground for marketers looking to easily reach an engaged audience. A specially targeted digital media promotions campaign can be just as effective in targeting Gen Y's parents and grandparents.
In fact, Baby Boomers are not the technology Luddites everyone assumes them to be. Last year, Jeremiah Owyang and Forrester Research released a report that said 60% of Baby Boomers were using social media of some sort or another, and that number is only going up. In 2007, the younger Boomers (ages 43 - 52, as of 2009) were consuming social media at a rate of 46%, while older boomers (ages 53 - 63) were using it at a rate of 39%. But by 2008, those numbers had increased to 67% and 62%, respectively.
Whether it is Facebook and Twitter, watching videos on YouTube, or listening to their iPods, Boomers are some of digital media's biggest users. So a digital media promotions campaign needs to focus on the boomers.
Owyang said in his report that marketers need to focus their digital media promotions campaigns on sites like AARP Online and social networks like Classmates, Facebook, and LinkedIn. "The fact that boomers are increasingly using these tools is a clear indication that it is just not a fad," Owyang said in a February 2009 New York Times article.
The trick, said Owyang, is to engage boomers with a digital media promotions campaign that does not require a lot of effort. He said that Boomers are less likely to participate in contests that require them to write long submissions, or create and upload videos or photos. According to the Forrester report, Boomers prefer digital media promotions like taking polls, rating and voting on items, ranking favorites, or providing user feedback of services or news stories.
This means a Boomer-focused digital media promotions campaign needs to focus on the issues that interest them, not what "young people" think is cool. That does not mean avoiding a digital media promotions campaign that gives free digital music downloads, for example. But rather than tying it into creating special online content, tie it into something the Boomers already enjoy doing. Maybe they are traveling more, or they still work out and participate in sports, or they love music and go to concerts, or they are classic car enthusiasts and visit different shows and rallies.
Boomers are also joining social networks in droves, growing from 15% in 2007 to 25% in 2009. And recent figures from Facebook shows that women, ages 50 - 60, are their fastest growing demographic. This means that not only is Facebook a viable digital media promotions and advertising channel, but company-sponsored social networks are as well.
For example, a social network geared toward older travelers, athletes, or music lovers could be a great long-term strategy for digital media promotions. Consider sponsoring a travel-based social network and being visible while members are discussing different travel destinations and sharing memories.
Forrester and Owyang even recommend using digital media promotions to target Boomers with a social application: according to the report, the number of older Boomers responding to online content doubled from 2007 to 2008, 15% to 34%. For example, a music label could consider launching a mobile app that focuses on a specific music genre geared toward concert venues and bands. Then, users could follow the progress of their favorite bands, see where they are going to play, or check the schedule of their favorite nightclub or concert hall to see who is coming to town. Then share their findings with friends, chat online with other fans, and even arrange meetups at concerts.
Digital media promotions should not be limited to just Generation Y. As Owyang and Forrester Research have shown, the Baby Boomer market is a fertile playground for marketers looking to easily reach an engaged audience. A specially targeted digital media promotions campaign can be just as effective in targeting Gen Y's parents and grandparents.
Sunday, December 12, 2010
Digital Media Promotions Cover Promotional Risk, Within a Powerful Promotional Platform
The powerful digital media promotions platform to rapidly launch your promotion, turns content into advertising. The leading digital promotions company that brings high-end promotional technology and programs to link brands with their consumer markets, Hip Digital Media acquired Promotional Currency. Headquartered in Dallas, Texas, Promotional Currency is a promotions and promotional risk coverage company that merges digital technology in the form of digital music, ringtones, skins and more with turnkey, fixed-cost solutions for the promotional marketplace. Additionally, Promotional Currency protects companies from over-redemption liability with its in-depth promotional risk coverage and underwriting capabilities, enabling large-scale programs that increase brand awareness and user experience. Visit www.promotionalcurrency.com to learn more.
Hip Digital Media holds MP3 licenses from all 4 major labels in the U.S., United Kingdom and Canada, Hip Digital enables innovative customer experiences with digital entertainment campaigns for Fortune 500 brands and online media companies. Additionally, Hip Digital protects companies from over-redemption liability with its in-depth promotional risk coverage and underwriting capabilities, enabling large-scale programs that increase brand awareness and user experience. Experience Hip Digital’s suite of services at HipDigitalMedia.com
Hip Digital Media holds MP3 licenses from all 4 major labels in the U.S., United Kingdom and Canada, Hip Digital enables innovative customer experiences with digital entertainment campaigns for Fortune 500 brands and online media companies. Additionally, Hip Digital protects companies from over-redemption liability with its in-depth promotional risk coverage and underwriting capabilities, enabling large-scale programs that increase brand awareness and user experience. Experience Hip Digital’s suite of services at HipDigitalMedia.com
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