Direct Marketing

Innovation Breeds Revolution

What happens when the Apple giant acquires online music streaming services offered by Lala? Some observers think that this will change the future of how consumers will obtain their music. Gone are the days of a need for tangible objects to hold our music…
From vinyl, 8-tracks, to cassettes and eventually CDs, consumers have always been looking for a more convenient way to store and listen to their music. Lala technology allows users to stream their favorite music over an internet connection. With similar sites, like Last.fm and Pandora, there’s no longer a need for physical CDs or even storage space.

What Does This Mean for the Music Industry?

Since the early days of Napster, the music industry has been scrambling to regain their past vigor. They claim losses of album sales due to internet downloading. But the internet and music streams may be a place where the music industry can regain their momentum. Trendsetters will want to investigate this new potential, so that they don’t get left behind. And you can bet that this is exactly what Apple’s strategy is. Surely, they don’t intend for the Lala technology to cannibalize their iTunes market, but they realize the powerful potential. For now, some experts believe that it is a long way before a majority of users switch to solely streaming their music online. Internet and wi-fi connections are still problematic, even with smart phones. For now, this is a viable market to keep your eye on.

Consumers are Still Key

Music and music fans will always exist. You won’t get anywhere if you blame your failures on consumers. Internet music streaming may frighten some artists, but others have begun to embrace it for novel ways to promote themselves. For example, solo artist, Beck, has always been known for his unique techniques for marketing his music. His 2006 album, The Information, came with a CD cover that fans could personalize by using accompanying stickers and other artwork. Recently, Beck has launched several websites where he releases exclusive new recordings, interesting interviews, and just plain weird videos. This is an easy way to keep in touch with your fan base and keep them up to date with the latest news. So, whether it is an interactive MySpace or entertaining Twitter account, there are many ways musicians can supplement their online presences and embrace technological upgrades. Internet music streaming may seem new today but it’s just a matter of time before something new comes out. Maintaining your consumer base will help you, regardless of the change to come.