The Internet and social media have really begun to be such a
force in 2007 for all types of businesses not just in the music industry. But the keys to optimizing your social presence professionally and personally are as follows. According to searchengine.com, Links on SERP’s are like shelves in a store: the more
space you own the more have to offer and it will drive more (clicks) which
generate profits. The other way optimizing your social presence is use a brand
name in posts. For example, you make a blog post about music but include URLs
for the headphone popular company “BeatsbyDre.” This will get visitors coming
to your website or blog site because links and Ad Words. Google Ad Words has
been the primary way to market and advertise for companies, small business,
franchises, etc. But there are alternative ways and very reasonable ways to
promote a business online. Google Ad Words can be expensive so Outbrain and
Virurl act as distributors for their messages. Supply the message in the form
of a link to a piece of content a picture, video, and social media sites like
Tumbler and Twitter. According to my
research, the idea to have cheap easily managed ad campaigns is good news for
companies especially a new record label like mine Bugsy Music Group. There is a
catch with the website like Outbrain there is a screen done to make sure you
are logical customer for Outbrain they will consider any company. Lastly, to
summarize the keys to optimizing your social presence are very simple. The best
way to create great presence on the internet will be learning who is your
target market. Once you finalize the products you will be selling make a great Ad
Campaign. Finally, promoting heavy on all social media website like Twitter,
Facebook, LinkedIn, and Instagram. By implementing some of the key ways the
company will stay in eyes of the customers and being competitive with other companies
as well.
Sunday, February 24, 2013
Sunday, February 10, 2013
Climate Change in the Music Industry and Digital Landscape evolves music atmosphere.
According to
Charles Darwin, the music industry is putting his survival of the fittest
theory to the test. The change in the music business is forcing artists to
become more creative. The new digital era has made artists look beyond just
selling records but more about being a brand. In recent years, many record
companies have downsized and layoff several employees. The record companies are
signing fewer record deals or publishing deals and cutting back across the
board. According to the article, climate change in the music industry took
place due to Internet and sharing music online. The article also indicated by
attorney-manager Dina LaPolt. “Performers must continue to fight for artist’s
rights, given the decreasing of major record companies in artist development. “
The Internet allows music to be recorded or distributed far cheaply than major
record companies. Therefore, the web has literally put several record companies
out of business and many workers unemployed. I feel and agree with the article if
music companies and artists work together music industry can be revived. During
my research, I discovered cross marketing really boomed after climate change in the music industry. The new trends began with ringtones as another way for
artists to make money. Every time digital downloads are purchased its spilt
between the label and artist. The cross marketing and e-commerce also generated
revenue from pay-per-view concerts cybercasts, which artists gained additional
income. Lastly, many positions will be devalued because of new climate of music
industry. I feel this change can help our fans, music artists, record
companies, and producers. Sometimes change can be great for any type of industry
depending on the direction the change is going in. But I believe the digital landscape
made a good change and a bright future.
Source: http://www.billboard.com/biz/articles/news/1432767/record-companies-must-embrace-changing-digital-landscape
Source: http://www.billboard.com/biz/articles/news/1432767/record-companies-must-embrace-changing-digital-landscape
Sunday, February 3, 2013
Business Plans The Experts Part 2
During my
research to add insight on how to formulate my business plan, I viewed
many business plan experts point of view. Of these experts, I found the advice of Chuck Blakeman and Steve Blank. Firstly, Chuck Blakeman has very different approach to being a
businessman. Chuck Blakeman critical acclaimed business speaking has over
100+ speaking engagements and workshops per year, he has been quoted in
Entrepreneur Magazine, NYTimes.com and many more. Chuck believes that life just
happens no matter if you have plan or not. Life gets in the way of the best
plans, and no matter how well we plan how life changes can alter your plans. He
indicated other businesses that started without a business for example Apple,
Google, HP, 37signals, etc. He mentioned that most successful businesses start
having a one vision but end up starting another company. Lastly, I agree with
Chuck Blakeman because of life constantly changing individuals may change their
business plans. Secondly, Steve Blank theory was business models generate a
lot unknowns but a business plans has a set destination. Steve Blank mentioned
simplest way to think about is that in a startup no business plan survives
first contact with customers. Moreover, even took it a step further indicating
business plan competitions are good for school but bad for students. Steve
Blank believe that a business plans can be judged for numerous factors. He
mentioned that “judging will not include such factors as: market opportunity,
reward to risk, strategy, implementation plan, financing plan, etc.” Moreover,
he also indicated that most schools have business plan competitions so the
school can appear relevant for the students, donors, and faculty. Steve Blank
only agrees with business plan competitions with a business model instead of actual
business plan. Lastly, I agree with both Blakeman and Blank as it pertains to having a business plan. In most cases many businesses that made it as a top 500 Fortune
Company didn’t even have a business plan. My philosophy is if you work hard, stay
determined, and keep God first the sky
is the limit.
Sunday, January 13, 2013
The Experts On Winning Business Plans
During my
research to help grow and develop my business plan for my company, I viewed many
business plan experts. Of these experts, I found the advice of Tim Berry and
Dave Lavinsky to be sound advice for me. Tim Berry is a business planning
expert, software developer and expert, and he also founder of Palo Alto
Software. “Tim Berry also founder of bplans.com, and a co-founder of Borland
International.” (Source: Tim Berry) Lastly, Tim Berry was business consultant
for Apple Computers for 14 years not an employee.
David Lavinsky is a very successful business
developer, and expert business planner for several notable companies. Dave has
worked on many business plans and also co-founded his own company, Growthink.
Growthink is a firm that was founded in 1999 with screwed business success as
the number one priority. The company main objective is to provide best products
and services to their customers. In addition to being a successful business
owner, Dave is a blogger, he lectures to various Colleges & Universities
around country, and runs Growthink University. (Source : Dave Lavinsky)
Tim Berry gives
many customers business plan review the deliverable includes marked-up and
commented copy of the document plus a long email from him detailing suggestions
his view of the plan’s suitability for business management with loan
application attached. I feel that Tim Berry gives a comprehensive outlook on
how to have a winning business plan and how to mange solid businesses plan.
(Source: Tim Berry)
Lastly, I feel Tim
Berry and Dave Lavinsky feel that most investors will only invest in companies
that are already underway and have stable business plan. Therefore, Dave
Lavinsky and Tim Berry believe that investors want to know that a business
owner has thought a exit plan. The owner must have a strategy if the company
fails, acquired, or goes public. The business plan is one thing but also having
plan for the company if business plan fails is just as important.
Sunday, December 9, 2012
How Social Media Changed Hip Hop Music According to 50cent
In recent
article in Complex magazine and on www.complex.com
David Drake conducted an interview with rapper 50cent. The interview began with
50cent absent in the music for three years, According to Complex magazine
article, he going through audit process and if you find things where you
haven’t been paid, it’s a process for legal to actually write the check. But
unfortunately 50cent can’t deliver any records in between that time period. You
must wait until all procedures are dealt with legally. The interview further
details how producing records in year 2000 has changed dramatically compared to
now in 2012. Curtis “50cent” Jackson mentioned the producers of today era make
records before artists actually arrives at the studio. He mentioned sometimes
it works out good making records that way but some cases you feel no substance
in the song. However, one particular song 50cent indicated “Wait Until Tonight”
“made me understand why I fell in love with hip-hop culture.” 50cent finally
discusses the Social Media and how it changed hip-hop culture. Curtis “50cent”
Jackson said “hip-hop has changed so much it can be negative way if were are
not willing to make the right adjustments.” “We’re following trends a lot more
than we used to.” “Authenticity used to mean a lot in hip-hop music that’s gone.”
For example, on Twitter the negative things people may say to a person on
Twitter. If you take things people say to you on Twitter seriously it can
possible break you down or lower you’re confidence 50cent added. If a person on
Twitter doesn’t like a 50cent record another person will agree and follow that
person without even listen to the song. Many fans on Twitter keep saying I want
the old 50cent. Lastly, 50cent said “It be tragedy if he was same old rapper
from 10 years ago. This would mean that he didn’t grow as artist or learn
anything to become wiser. I think 50cent has the right ideas and attitude
moving forward with his music career.
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