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New marketing tactics of bands

Radiohead have fans - lots of them. They could have just released a new record, got some airplay and sold some records. But they allowed people to pay what they thought was a fair price for In Rainbows - marketed online and distributed online.

And today it’s Coldplays turn with the new single of their next album announced as a free download.

How much traditional marketing spend have they saved? You can bet the cost is less than the publicity this ’stunt’ will generate.

Let’s face it thought - it’s not even a marketing stunt. It’s just the way things are moving with cheaper distribution and the nature of a viral message and social tools (I just Twitter‘d it). It goes hand-in-hand with the thousands of un-signed bands on MySpace and YouTube.

Oh yes, did I mention that these people have fans? So, what’s so special about you?

Posted in: Marketing- Online Marketing

2 Comments »

  1. Comment by Craig Killick April 30, 2008 @ 6:57 am

    More on this story…

    http://uk.techcrunch.com/2008/04/29/coldplay-proves-that-free-music-is-popular/

  2. Comment by Craig Killick April 30, 2008 @ 7:46 pm

    And the traffic increased somewhat - Robin Goad at Hitwise:

    http://tinyurl.com/6ms2yl

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