aaron fredrick huston - introduction to marketing capstone

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Aaron Huston 02/02/13 Strange Music Inc

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This was the capstone project for Introduction to Marketing and is an example of some of the fundamental knowledge I began to absorb at the beginning of January 2013. For more examples of work like this please refer to www.TriggaRik.com/marketing-consultant/

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Page 1: Aaron Fredrick Huston - Introduction to Marketing Capstone

Aaron Huston

!02/02/13

Strange Music Inc

Page 2: Aaron Fredrick Huston - Introduction to Marketing Capstone

!

• All 6’s and 7’s released by Strange Music Inc in

2012 • Differentiators include mainstream artist appeal and underground loyalty • Features included in

this product resonate with high energy music

with heavy lyrical content

Page 3: Aaron Fredrick Huston - Introduction to Marketing Capstone

Target Market and SegmentGeographic

Tech N9ne has been building a steady growing fan base through constant grinding in the tour circuits in the continental U.S. as well as abroad throughout Europe, The Middle East, and Australia.

Demographic

Rap/Rock enthusiasts ages 23-43 have typically swarmed to the Kansas City rapper, generally grossing $20k-$40k annually.

Psychographic

Tech N9ne’s fans enjoy his music due to heavy lyrical content found within songs, as well as his constant recognition of those who listen to his music. They also typically enjoy a broad range of music.

Usage Rate

All 6’s and 7’s is the first attempt by Tech N9ne and Strange Music Inc to make noteworthy statement of the organization’s current talent level and relevancy utilizing features from well known acts from throughout the world. This would constitute a heavy, and potential first time customer usage rate.

Benefits Sought

This album provides a link for long time fans of Strange Music to interact with other HipHop circles. It also introduced many new fans to the longstanding fan driven economy adopted by Strange Music over a decade ago.

Page 4: Aaron Fredrick Huston - Introduction to Marketing Capstone

PriceAll 6’s and 7’s sold within the range of $12-$18 depending on the physical package purchased and $1.99 through digital download per track through the online market.

These prices appealed to a broad range of consumers. The extra content included with certain packages for die hard fans, and the cheap prices for singles with features, equally appealed to a well balanced market.

Four separate packages were made available to fans including a Pre-Order special, a Best Buy Deluxe Edition, an iTunes Deluxe Edition, and a FYE Exclusive Edition.

Packages

Page 5: Aaron Fredrick Huston - Introduction to Marketing Capstone

Placement

All 6’s and 7’s was made available through several different outlets and even had an edited version deal with Wal-Mart.

Due to an independent distribution deal with Fontana Distribution, Strange Music was able to privately secure distribution through Best Buy, FYE, iTunes, and Wal-Mart.

Page 6: Aaron Fredrick Huston - Introduction to Marketing Capstone

Promotion

Hype was built within the core fan base of Strange Music where much of their revenue stems from. To promote the album.

The key advertising tactic used for All 6’s and 7’s was “All 6’s and 7’s: The Tour” which began May 26, 2011. All 6’s and 7’s was not released until June 7, 2011, which included 62 shows throughout the U.S.

Page 7: Aaron Fredrick Huston - Introduction to Marketing Capstone

Advertising

Through online communication to fans, Tech N9ne and other labels mates did various youtube segments and online interviews with websites such as HipHopDX.com

Page 8: Aaron Fredrick Huston - Introduction to Marketing Capstone

Media Mix

The marketing mix of this album was mainly utilized through guerrilla tactics and street team hustle, and relied heavily on core fans for exposure and main stream features to draw new potential consumers.

Page 9: Aaron Fredrick Huston - Introduction to Marketing Capstone

SummaryAll 6’s and 7’s is arguably one of Strange Music’s most aggressive and successful albums released to date. It sold roughly 50,000 units within its first week, and to date over 210,000 units since June 7, 2011. It also began the long process of exposing the artist repertoire currently being amassed by Strange Music. All 6’s and 7’s charted number 4 on the U.S. charts, number 1 on the U.S. Indie charts, number 1 on the U.S. R&B charts, number 1 on U.S. Rap charts, and number 24 on the Canadian charts respectively.

Page 10: Aaron Fredrick Huston - Introduction to Marketing Capstone

References

Ashley. (Photographer). (2012). Dream come true. [Print Photo]. Retrieved from http://www.shopaholicmommy.net/2011/09/dream-come-true.html

HipHopDX. (2011). [Web log message]. Retrieved from http://www.hiphopdx.com/index/search/?cx=000613828212854000441:2akcqgxqwwc&cof=FORID:11;NB:1&ie=UTF-8&q=all 6's and 7's

StrangeMusic. (Photographer). (2011). All 6's and 7's. [Print Photo]. Retrieved from http://www.strangemusicinc.net/product_info.php?products_id=8963

StrangeMusic. (2011). [Web log message]. Retrieved from http://blog.therealtechn9ne.com