I'd like to use this entry to revisit several ideas I’ve mentioned in the past, in separate posts, and perhaps demonstrate their interconnectedness. For although each concept was considered exclusive of the other, they can certainly work in concert. Such a strategy assumed by a wide enough base would have the result of forming a different kind of music industry than the one we see today. Or it might simply form a parallel but different branch of the entertainment industry. I've been calling this new paradigm 'Strategic Audio Partnerships'. These are three components that form the conceptual basis of the business plan:
1. Rock Brands: Rock Brands are artists who forgo traditional celebrity endorsement deals in lieu of strategic partnerships between their own brand/marketing company and a corporate account. They don't just show up for a film shoot, a party or publicity photos. They are active participants in the 'concepting', creation and execution of a marketing strategy that leverages their brand value to yield a return on investment for their clients –at an appropriate price.
Rock Brands will otherwise function as entertainers and audio/music providers, so never confuse their contributions to popular culture and commerce with traditional work-for-hire oriented music and sound production companies.
2. Medici Model Sponsorships: Such sponsorships are akin to those given to Public Television, whereby corporate patrons underwrite artists, with no endorsement expected, except to provide an appropriate and public acknowledgment for the source of the funds (unless otherwise negotiated). One might also consider that in lieu of direct grants made to artists, advertisers who wish to underwrite arts programs might allocate funds to a new kind of (possibly non-profit) record label. In this scenario, the artist is protected from accusations of 'selling out', because they will be producing art funded by an arts organization, not at the bequest of the foundation's contributors.
3. Camelback Collateral & Distribution: Camelback Distribution is a Non-Traditional Digital Audio Distribution method of delivery. It's referred to as Camelback, because something else carries the load. In this case Music is delivered as collateral or added value enhancements for other non-entertainment commodities –meaning the delivery of a music experience or product with every type of goods and services you can think of; whether packaged as a gift or promoted as a combo purchase.
So, for instance, one doesn't give away a free CD with a car purchase. Rather the music is liquid and the car –in this instance– is literally the vehicle for the distribution of music. The car -or any other primary product– replaces the CD case, if you want to think of it like that. One might reasonably expect that in the future the exchange of capital for a car, or any other product, will include a coupon, code or some yet-to-be-implemented technology for redeeming the artist's music at the artist's website, or an online music store; or Branded Mixes at the online space belonging to the product manufacturers.
Independent artists distributing their own works without a formal sponsor's product to package their music in/with, can simply package their music in or with their own branded merchandise, such as T-shirts, for instance. The purchase of a physical product –in this case, a T-shirt– eliminates the need for CD packaging (as the music itself is accessed via the web/ phone/ air –what I call in its 'liquid' form). The result is consumers pay for music but feel as though they are getting it for free.
This says nothing towards the idea of 'renting' music, which is a topic that merits an analysis beyond the scope of this entry.
For other articles in this series:
ROCK BRANDS: Tomorrow's Rock Star Marketing Partners
Branded Mixes
Medici Model Revisited
Artist X Brand X Not Available @ iTunes
Strategic Audio Partnerships
Diplomatic Corps Rock Fest
Showing posts with label Strategic Audio Partner. Show all posts
Showing posts with label Strategic Audio Partner. Show all posts
Saturday, July 01, 2006
Saturday, April 01, 2000
ROCK BRANDS: Tomorrow's Rock Star Marketing Partners
Consider Rock Star Sting’s association with Jaguar:
In March/2000, Jaguar launched a commercial for the new Jaguar S-Type. Sting is not just featured in the spot; he and his manager pitched the very concept of the campaign to the automobile maker.
In an age when MTV doesn't play music videos, and even if it did, doesn’t play Sting’s, and certainly wouldn't play yours, having a sponsor subsidize your video in return for product placement, –AND organize and pay for a huge media buy on top of it– is a bit different than helping sell cars.
For Jaguar, the opportunity to work with Sting yielded a branding opportunity that was not just entertaining, but in fact proves wildly popular. The association with a vehicle like the Jag no doubt worked to Sting's benefit as well. In fact, what possibly made this campaign unique among TV commercials is the fact that neither artist nor his music were featured only as a means to enhance the sales pitch for the automobile. Rather both car and artist/music were partnered in a clever way to sell each other (!).
You or someone else may dislike the pairing, but both the artist's music and the vehicle emerge as simultaneously contemporary and timeless masterpieces.
This is an important point: The Jaguar ads resemble typical advertising only insofar as one can define advertising as anything that gets attention –which they certainly did –exceeding the expectations of both the artist and his corporate underwriter.
Far from being just another endorsement or sponsorship deal, when we look at this campaign it's easy to envision it as presenting us with a new model for an entirely different kind of music-cum-marketing industry. I describe this new kind of partnership between corporate underwriters and their Strategic Audio Partners as ROCK BRANDS.
In this new paradigm, recording artists (in tandem with their management teams) won't so much do business with advertising companies. Instead they'll present a non-public version of themselves to advertisers as marketing consultants, accommodating representation for a select group of brands that both reflects and enhances the lifestyle and core values of the artist or band.
Artists of various kinds and possessing different skill sets in this arena will deliver varying degrees of input and expertise. Some will be completely hands on. Others will staff their branding/marketing concerns with a professional creative staff that operate integrate the artist's message in their mission statement.
Particularly astute artists won't just show up and do a commercial or put in face-time at an event, but will be active participants in the concepting and production of original marketing strategies for their client/patrons.
In addition to a manager, a lawyer, an agent and publicist, an artist's team will now include a uniquely qualified marketing lead (or brand representative). This person will act as both a brand manager for the artist (or may in fact be the manager of the artist), and as a creative strategist for the artist (for marketing partnerships and projects, not the artist's content, of course).
One can also imagine a need for new kind of consultant –if such people do not already exist (and I think they must)– whose sole purpose is helping artists draft corporate mission statements in order to present these boutique entities not to advertisers, but perhaps to investors and other speculative parties.
For other articles in this series:
ROCK BRANDS: Tomorrow's Rock Star Marketing Partners
Branded Mixes
Medici Model Revisited
Artist X Brand X Not Available @ iTunes
Strategic Audio Partnerships
Diplomatic Corps Rock Fest
In March/2000, Jaguar launched a commercial for the new Jaguar S-Type. Sting is not just featured in the spot; he and his manager pitched the very concept of the campaign to the automobile maker.
In an age when MTV doesn't play music videos, and even if it did, doesn’t play Sting’s, and certainly wouldn't play yours, having a sponsor subsidize your video in return for product placement, –AND organize and pay for a huge media buy on top of it– is a bit different than helping sell cars.
For Jaguar, the opportunity to work with Sting yielded a branding opportunity that was not just entertaining, but in fact proves wildly popular. The association with a vehicle like the Jag no doubt worked to Sting's benefit as well. In fact, what possibly made this campaign unique among TV commercials is the fact that neither artist nor his music were featured only as a means to enhance the sales pitch for the automobile. Rather both car and artist/music were partnered in a clever way to sell each other (!).
You or someone else may dislike the pairing, but both the artist's music and the vehicle emerge as simultaneously contemporary and timeless masterpieces.
This is an important point: The Jaguar ads resemble typical advertising only insofar as one can define advertising as anything that gets attention –which they certainly did –exceeding the expectations of both the artist and his corporate underwriter.
Far from being just another endorsement or sponsorship deal, when we look at this campaign it's easy to envision it as presenting us with a new model for an entirely different kind of music-cum-marketing industry. I describe this new kind of partnership between corporate underwriters and their Strategic Audio Partners as ROCK BRANDS.
In this new paradigm, recording artists (in tandem with their management teams) won't so much do business with advertising companies. Instead they'll present a non-public version of themselves to advertisers as marketing consultants, accommodating representation for a select group of brands that both reflects and enhances the lifestyle and core values of the artist or band.
Artists of various kinds and possessing different skill sets in this arena will deliver varying degrees of input and expertise. Some will be completely hands on. Others will staff their branding/marketing concerns with a professional creative staff that operate integrate the artist's message in their mission statement.
Particularly astute artists won't just show up and do a commercial or put in face-time at an event, but will be active participants in the concepting and production of original marketing strategies for their client/patrons.
In addition to a manager, a lawyer, an agent and publicist, an artist's team will now include a uniquely qualified marketing lead (or brand representative). This person will act as both a brand manager for the artist (or may in fact be the manager of the artist), and as a creative strategist for the artist (for marketing partnerships and projects, not the artist's content, of course).
One can also imagine a need for new kind of consultant –if such people do not already exist (and I think they must)– whose sole purpose is helping artists draft corporate mission statements in order to present these boutique entities not to advertisers, but perhaps to investors and other speculative parties.
For other articles in this series:
ROCK BRANDS: Tomorrow's Rock Star Marketing Partners
Branded Mixes
Medici Model Revisited
Artist X Brand X Not Available @ iTunes
Strategic Audio Partnerships
Diplomatic Corps Rock Fest
Labels:
Rock Brands,
Strategic Audio Partner
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