Basic Marketing Principles For Artists – Part 2: Increasing the Frequency of Purchases BY: Ariel Hyatt

The first piece in this series focused on increasing the amount of fans and how this is a necessary step towards success. Part 2 of the basic three principles is increasing the frequency of purchases.

The cornerstone of this is simple: You can not only sell music.
In order to get the frequency of purchases up you must provide something that actually gets your fans to buy more frequently.

If you are only selling one album or one set of MP3s, it’s pretty near impossible to get this step accomplished because your core fans will only have one thing to buy (therefore making frequency non-existent).

Billboard recently reported that over 2,500 record stores have closed in the US since 2005. This points out to one very clear conclusion: People are buying fewer CDs (of course we already knew this) but think about it –

Are you only selling music?

I sadly see this all too often. Artists work very hard to put out a great CD, and of course the music is the cornerstone of your brand but to survive and thrive in this industry where music is widely distributed for free online, you must create additional products and offerings to sell.

Remember not to put the cart before the horse here, But if you don’t have a fan base to sell these things to, there’s no reason to build a series of products. So, at the same time you must be building a two-way conversation with engaged fans and building more trust. This is where Social Media comes in.

Survey Your Fans
Expert Internet marketers never release products without testing the demand first. You may think you know what your fans want but they might surprise you.

Understanding who they are and what they like/ want is therefore critical.

Internet Marketers always ask their core fan group what it is they would like and then they create products and offerings based on their answers.

I have said this may times – that music is a feeling and it’s hard to market a feeling but as Terry McBride points out music acts as social glue that holds us together emotionally and in groups and brands and products can always be sold to groups.

So it’s hard to get your fans to give you input on your songwriting – that is your personal journey and your preference but it is EASY to get them to tell you what they like and want to buy.

Is it girlie T’s?

Yoga mats

Special non-leaching water bottles

Limited edition T-Shirts

Extra think hoodies

If you don’t ask them they wont tell you

Set up a survey online and use your email newsletter list or Facebook page to get fans to tell you what they may buy from you in the future. There are many free tools that will help you track your survey results. I like Survey Monkey http://www.surveymonkey.com This services allows you to create a survey that you can send out to your fans to ask them specifically what they might like to buy from you and how much they are willing to pay.

Then make it and they will!

Brilliant Artist Merchandise
I have run into some great merch ideas over the last year.

Here are some great merch ideas to get you inspired

John Taglieri, who I talk about often has a marvelous new series of EPs and books called Lives. This new project will consist of four 6-song EP’s, books & graphic novels, as well as MySpace, Facebook, Twitter, and blogger accounts for the two main characters. http://thelivesproject.com/

Family Force 5 created a limited edition T-shirt of the month club. They offered their fans a new T-shirt every single month and it generated thousands of extra dollars for themselves and their fans loved the limited edition shirts. http://www.myspace.com/familyforce5

Will Deynes made a Valentine’s Day song, and he would custom record the name of people’s beloved’s right into the song. He sold dozens of them to his fan base at Valentine’s Day.
http://www.myspace.com/wildeynes
I met Shelter with Thieves, from Halifax, NS and they gave me an awesome USB drive full of music and special bonuses like artwork and videos, and it’s wonderful because fans can use the USB drive for school projects or at work.
http://www.shelterwiththieves.com/


Jen Chapin, being environmentally conscious and clear that her fans are too like purchased a few cases of SIGG Water bottles and had them customized. She sent an e-mail to her entire list that she had wonderful, non-leaching, water bottles for sale and she ended up selling many of them http://www.jenchapin.com/

Carla Lynne Hall is organizing a Bowling Tweetup at The Harlem Lanes near her home just to hang out with friends and fans and bond. He is not selling merch yet but you can be sure that when it comes time for her to sell that extra time she took to make friends with her fans will pay off. Studies show that people purchase from those they like and trust and Carla is building trust.
http://rockstarlifelessons.com/

and lastly I want to mention subscription based websites and fan clubs.

Matthew Ebel & Ari Hest are two great examples to look at

Matthew has a site that gives fans live recordings, new music, ringtones, videos, exclusive invitations.

 

Ari Hest released a song every single week for a year then he let the fans vote for the best ones to put on his album which he cleverly named Twelve Mondays

Wat are you ding to inspire your fans to incresae the frequency?

SOURCE:
Basic Marketing Principles For Artists – Part 2: Increasing the Frequency of Purchases

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About Real*Industry*Talk

Professional Page: http://www.linkedin.com/in/jakly Experience: ASCAP Real Industry Talk Independent Music Company Get It Done Blog Artist Manager Education: Full Sail University, B.S., Music Business View all posts by Real*Industry*Talk

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