The significance of marketing is the same for the music industry as it is for the other industries. One of the marketing tools used by the music companies, music event organizers or the musicians in the music marketing proposals. A music marketing proposal is a document used to promote a music event, concert, album or the music company. It serves the purpose of attracting the investors or sponsors to the music. In addition, it provides a platform through which a company can promote its aims, strengths, and probabilities of success as well as entice investors to choose it.
Often, it is believed that if the music is good, it would become a hit itself. However, it might not be true. It is essential for the music to reach its audience. If the music is good but has not reached the target audience, it would certainly fail or may not attain the probable success which is why it is important to market and promote the music properly so that the audience gets aware of it and listen to it.
The music marketing proposal needs to be thoroughly planned and designed so that the potential investors choose the music for the investment of their money. Although the formats can be designed as per the requirements, the basic information contained in the music marketing proposal is the following:
The investor or sponsor may or may not accept the request. However, the investor’s decision might become favorable in the presence of the following things:
The music marketing proposal should be professional, formal and concise. The required information should be presented in a way that the investor or sponsor gets enticed and considers the music worthy of investment. The proposal should promote the music event, musicians or the music company in a way that it paints an impression on the minds of the investor so that it cannot only be a one-time investment rather, the investment and sponsorships may continue as the company continues to grow.
However, if the investor or sponsor does not believe in the music, he might reject the proposal and the request. Therefore, it is wise to have a backup plan to approach other investors. In addition, the music company can approach various investors or sponsors at the same time so that if one rejects, the money can be gained from the other investor.
This section generally describes the importance of the proposal that follows. It is without a doubt the most important part as it brief reason for sending a music marketing proposal to the reader. To grasp the interest of the reader, it should be well written.
This marketing proposal that is presented is drafted after an extensive analysis, detailed study of market trends, and keeping unique needs of (client name) in view. We believe that this proposal covers a complete and comprehensive marketing strategy which will result in the most successful music release.
Here, the sender company is free to give a detailed account of what it actually is. This section may include when and why the company came into existence and what its future plans revolve around.
[COMPANY] has been marking its name in the world of marketing for (number of years). We have qualified professionals and experienced individuals dealing with a variety of clients. Our experience in music marketing speaks volumes about our company and under the supervision of (CEO name) we plan to never stop planning big and unique. We sincerely hope to extend our outstanding services to your music as well.
Give a detailed analysis of the market around to give a clear picture to the recipient. This section may include marketing trends which can help the reader make his mind about the proposal.
According to our though research and detailed analysis, current market trends in the music industry shows (discuss trends).
Our experience tells us that these trends play a significant part in determining the place where your music will stand. (IDENTIFY the weaknesses and strengths of competitors.
Marketing company should discuss its phenomenal strategies that may suit the music company. It is not compulsory to discuss all of your strategies in detail, but a general idea will give the impression that you know your work well.
Our analysis shows that the following promotional strategies will prove fruitful for your business.
(Name strategies you plan to offer e.g. print media, mailings, posters and brochures etc.).
This section of the proposal allows the company to offer financial breakdown to the recipient. Giving an overview of financial help the music company makes its decisions.
For further details and partnership information, please contact:
Name of CEO
Format: MS Word 2007/2010 [.doc & .docx]