Marketing Factoids

  • Music sales in the United States will decline to $9.2 billion in 2013, from $10.1 billion this year. source ›
  • Acquiring a new customer costs about five to seven times as much as maintaining a profitable relationship with an existing customer source ›
  • Consumers ages 18 to 27 say they use the Internet nearly 13 hours a week, compared to viewing 10 hours of TV source ›
  • more factoids ›
OCT 2007

If It’s Retail, Is It Still Rock?

New York Times, October 28, 2007 — AS torrents of money streamed into his wallet from multiplatinum albums in the 1980s and 1990s, Duff McKagan, then the bass player for the hard rock band Guns N’ Roses, had little interest in tracking his cash. Instead, he relied on intimidation and his group’s reputation as the “most dangerous band in the world” to prevent managers from ripping him off.

Like other rockers easing into middle age or seniorhood, Mr. McKagan is also experimenting with new partnerships in response to a music business in flux. Amid plunging record sales and Internet file sharing, rockers are eagerly plastering their names everywhere.

Category: Brand Strategy

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