An explanation of marketing for the arts in five minutes
I was recently a guest on the James Kennedy podcast and James, who fronts a UK rock band, issued a challenge. He wanted me to explain marketing to his audience of musicians in five minutes.
Cool. Challenge accepted.
I transcribed my answer on the show, and I hope it helps you (with some editing for brevity and clarity).
Describing the marketing process in five minutes or less? I don’t think I’ve ever done this before. So here we go.
Marketing is about creating customers
Number one, what is marketing?
Marketing is the process of creating a customer. Underneath that goal, there’s a lot of important activity — you have to understand what your customers like and where they are, what’s going on in their lives, and how much money they have, studying the competition … but essentially, it’s an activity centered on creating a customer. For musicians or artists, it’s creating a fan who is going to buy your work or attend your shows.
Now, there are two different kinds of marketing, and this is where a lot of people get confused.
One is direct marketing. So this would be if you go into a store and you see a coupon for Coca-Cola. They need to move more…