Friday 11 February 2011

Music marketing information


An MA Music Business Management student has asked me the following question, I'm hoping the question and my response will be of interest.


Q. I get my information usually from Factiva and Business Source Complete. I am wondering are there any other sources that you think I should try for:

1. Music business news, academic research and market research;
2. General market research data and report;
3. Marketing academic research?


A. A really good source of marketing information that we subscribe to is Mintel – It's widely used by the marketing industry. Information is provided and researched by the company itself information on their methodology is available here http://oxygen.mintel.com/sinatra/oxygen/how_uk/


I especially like the "what’s hot" section – for example this is the list of “articles” related to music
10-01-2008 CD burning at home

23-01-2009 Discs are still popular... so why are music specialists suffering so?

26-01-2010 Digital music services battle for the masses

26-01-2007 Danger Zone for music retailers

18-06-2009 The download service that educates its customers

22-01-2009 A compulsory tax to share downloaded music legally

10-01-2008 Mom and Pop Rock

20-02-2009 Illegal downloading to push music in new and profitable directions

10-03-2009 Try Before You Buy

24-09-2009 Rock bands show the importance of understanding the grand strategy

The library also subscribes to Datamonitor 360 (it used to be called Business Insights) , The information in these reports is also used widely by the marketing industry. Datamonitor deliver "analysis, comment, opinion and advice on the latest market trends and conditions". http://about.datamonitor.com/whatwedo.htm


A simple search for "music" gives me 253 pieces of research including a report on Annual Forecasting Music & Video 2014 - an in-depth look at the music market over the next five years.


Mintel, Datamonitor, Factiva and Business Source Complete can be accessed through Library Search once you have signed in by clicking on the Articles & More tab. Please remember that Mintel can only be used for academic purposes.

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