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?

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/
Comment by Craig Killick April 30, 2008 @ 7:46 pm
And the traffic increased somewhat - Robin Goad at Hitwise:
http://tinyurl.com/6ms2yl