Marketing
communication is an essential component of music sales strategy.
Communication—to inform, to persuade, to remind—helps create customer
awareness and interest, without which there will be no impulse or
desire to buy. In addition, the impact of communication can be
maximized through careful planning and coordination of messaging, media
mix, and timing—collectively termed integrated marketing communications
or IMC. In this paper, adapted from a chapter in my book This Business
of Global Music Marketing, I describe the components of IMC in terms of
“Four M’s”:
- Message: The specific
information the seller wishes to convey to induce a market response or
action
- Mode: The method of
communication, whether publicity/PR, advertising, direct marketing, or
sales promotion
- Media: The vehicles
and channels through which the message will be conveyed, whether
electronic, print, or broadcast
- Mix: The balanced
configuration and combination of messages, modes, and media best suited
to the target market and the marketing objective
I detail each of
these components and discuss rationales for crafting optimum
combinations of them based on such criteria as artist profile, audience
segment, buyer readiness stage, marketing campaign stage, and product
life cycle stage. The purpose of this study is to present a systematic
approach to marketing communications that can serve as a guideline for
music industry professionals and an outline for courses in music
marketing communication. (view
session) |