1 / 22

How to Market Music from Developing Countries Online

Learn how to effectively market music from developing countries online, exploring new opportunities and overcoming challenges such as piracy and lack of marketing innovation. Discover strategies to increase revenues and access global markets.

rvalenzuela
Download Presentation

How to Market Music from Developing Countries Online

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. How to Market Music from Developing Countries Online TRADE IN SOUNDS Martin Labbé, Adviser, Online Marketing Enterprise Competitiveness Section

  2. Presentation structure: - Background information- The joint ITC-WIPO initiative- Call for action

  3. The International Trade Centre

  4. Strengthening digital-content value chains by making LDC producers more competitive Export Marketing & Branding Export Management Development E-Business EXPORTER Export Value Chain E-Business

  5. … starting with music!

  6. But why music?

  7. Summary: what we did

  8. Exploring new opportunities for our clients

  9. 2008 - the global digital music business grew to US$3.7 billion (+25%) Music has gone digital and online… Online music stores account for around 20% of recorded music sales, up from 15 per cent in 2007

  10. … and music is going mobile… 1 out of 2 digital tracks is sold over mobiles… … Nokia’s « Comes with music » leading the way… … and developing countries on a level playing field – almost…

  11. New players in the value chain… New intermediaries and new consumption patterns. From « buying music » to « music access »

  12. … and a new way to share value… Dealing directly with Online music stores generates more profit, but requires an attractive portfolio and more technology involvement Aggregators are easier to approach, but are not always able or willing to promote all of their portfolio equally.

  13. But what is the impact on the music industries of the developing world? • Online music stores aremushrooming… but NONE in an LDC

  14. Country-level findings Mali & Tajikistan: no real usage of web or mobile Marketing, isolated efforts To access global markets Senegal, Serbia, Kyrgyzstan: web promotion (streaming), aggregators, OMS, but not mainstream. Brazil & India: despite piracy , dynamic market, local leaders, « white label » platforms

  15. Challenges…. Piracy + lack of innovation in marketing = Low Revenues

  16. How can we help?

  17. How can ITC help? CAPACITY BUILDING • A two-day training course • Support materials: manual + online platform BUSINESS ADVISORY SERVICES • Market linkage with major online distributors

  18. DIY: Starting with the basics

  19. DIY: Following inspiring examples 1/2…

  20. DIY: Following inspiring examples 2/2…

  21. DIY: Setting up an online music store

  22. Thank you!For more information: labbe@intracen.org

More Related