padora digital marketing strategy
DESCRIPTION
A digital marketing plan for Pandora internet radioTRANSCRIPT
Digital Marketin
g strategy
Xiaoxing H
an SPRING 2013
NMDL
Dangers behind success
• Revenue VS royalty cost
• competitors provide similar services: Spotify
Target Audience
Everything related to music
Pandora
O1: Stop losing money at the end of 2014. KPI 1: Advertising income = loyalty fee at the end of 2014.
Objective
O2: Keep the leading place (increase the number of loyal audiences. ) KPI: Reach 100 million followers on Facebook and Twitter, have twice subscriptions until 2015.
Pandora Explorer
News Music express every day top news
Music related books & great sound track
Places that have great back ground music
Events Music events information
Music weather forecast
Books & Movies
Bars & Restaurants Weather
Customer generated content @Pandoranews
@Pandorabookmovie
Name of the song
@Pandoraplaces
Images or links of the books and movies
location information
Budget
Final decision: Total revenue :80 million 10% * 80 million = 8 million
Method 1: Digital marketing calculator:$ 4.8 million per year.
Method 2: If the cost of one hour is $250, it will be 7.3 million per year.
Thank you!