EMI
Music is ubiquitous, our tastes are more defined than simply by genre
The Client:
Music retailer
The Brief:
Create a robust and actionable planning and implementation framework for proposition development and product lifecycle communications to better meet the needs of customers in order to increase music purchase.
The Challenge:
At the onset of digitalisation, there was a desire from the senior team to reinvigorate the business into a customer centric organisation, to connect directly with consumers – a hitherto missing element of the marketing strategy.
At the time, the customer did not sit in the centre of business decision-making with little data being captured and utilised to inform strategy.
The focus was on fans and the artists themselves rather than the wider buying population.
Our Approach:
- Understand the drivers of consumers’ attitudes to music consumption and their music engagement
- Identify distinct and actionable customer groups who share common attitudes and behaviour
- Understand how these groups fit into the market in volume and value terms
- Understand how each group discovers music and how that discovery translates into purchase/ acquisition
- Understand category share of wallet, and factors contributing to purchase reduction
The Output:
- Quantitative questionnaire specifically based around music attitudes, discovery, listening & purchase behaviour
- Responders clustered based on responses to music attitudes questionnaire and then profile augmented by additional data overlays
- Granular profile of customer groups developed as a result
- Creation of fully profiled UK music market 8-cluster segmentation solution
- Expanded the segmentation into France and Germany
- Insight developed into the segments in terms of their needs and motivations in relation to music
Business Impact:
Insight driven segment strategies developed to manage segments and drive additional value -propositions, communications, channels and album product lifecycle targeting.