Remember,
here's what you need:
A band member
summary:
Each
band member’s individual bio outlining their musical
background and experience. Mainly their strong points
that will help persuade potential investors that investing in
these people's career will bring them an ROI (Return on
Investment)
The
Challenge:
A
brief summary of the product ... "You/Band as an Artist", the
record that is to be promoted, and associated goals such as
record sales you project that you will receive, and other
strategic goals.
Band or Artist
Analysis:
The
bands primary focus, strengths and
weaknesses.
Fan Base
Analysis:
Number
of fans, demographic of fans. Strategies planned for
increasing your fan base.
Competition
Analysis:
Strengths
and weaknesses. Describe how much of a market share you
plan to gain.
Music Industry
Climate
Describe
the current state of the music industry in your particular
market and how you plan to overcome any strategic
barriers
Marketing
Strategies:
Describe
all the music marketing methods you plan to employ such as
your publicity plans, plans for gaining radio play. How
you plan to market and distribute your product. Then
write down the marketing strategies you plan on employing in
the order of implementation. Note under each category
the methods you'll use, how you plan to finance them,
resources you will use for the strategy, if you are in a
band you may want to share the duties so you must write down
the delegation process.
Don't
forget to project budget numbers for all your marketing and
promotion plans. This is vitally important both for
yourself as an artist for obvious reason, and for
investors.
Writing
a great and effective marketing plan can be a challenge.
Employ all the resources at your disposal to make sure that
what you are writing is realistic and will be effective in
attaining your goals and attracting investment
money.
Most
importantly .... Follow the Plan. There no use in taking
the enormous amount of time it will take to gather the
necessary information and writing the plan unless you use
it. Good luck.
If
you would like help in researching, preparing, and writing an
effective music marketing plan, our music business writers can
help.