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Conference News
Consumer Power: Wielding Their Hammer
Record Companies: Masters Of Our Domains?
The Music Mobile Industry: Saviour Or Hype?
The State Of Global Independence: D.I.Y. Music Is Growing

Opening remarks
The 25th edition of the Rogers MusicStore Canadian Music Week Conference kicked off with a visionary look at the future.
   As CMW co-chair Shane Bourbonnais, president, Live Nation, noted that the massive earth-shattering transformations that are currently impacting the music industry as well represented over the next 48 hours of expert panels and debate by key industry movers and shakers, he also suggested that there wasn't a better forum to see them than at the world-renown CMW.
    In congratulating Neill Dixon and the CMW staff, Bourbonnais introduced John Boynton, chief marketing officer and senior vice-president of Rogers MusicStore, CMW sponsor who articulated his company's support and involvement in the music business, reiterating that ROGERS is a major player.
Boynton underlined that through several initiatives including creating the music portal like Redpipe, offering -- and being staunch supporters -- of legal downloads, and offering an obligation to the artists through new initiatives like the Polaris Music Awards or reaching out to students in high schools, he says, "the music industry is booming" for Rogers MusicStore.

Tastemakers
Recommendation Engines: Highly Recommended
Lest anyone feels that Internet-based-and-driven recommendation engines like Real Networks and Rhapsody, Last.fm and MusicIP aren't important to the future of music, how about a hearty endorsement from the legendary Sandy Pearlman, Clash and Blue Oyster Cult producer.
"I believe this could be the salvation of the music business."

State of the Industry: Cutting Through The Digital Rights Fog
By Nick Krewen
The number of platforms available to provide connections through music to consumers is growing, but there's a considerable obstacle, suggests Peter Jamieson, Chairman, The British Phonographic Industry Limited, London.
"The fact that the industry is not providing any of this for the consumer in a united way is the problem," he asserts.
Jamieson, Canadian Recording Industry Association (CRIA) president Graham Henderson, RIAA Chairman and CEO Mitch Bainwol and Stephen Peach, CEO, Australian Recording Industry Association (ARIA), as well as moderator Ted Cohen, managing partner, TAG Strategic, wrestled with some digital rights challenges and solutions over the next hour.

Citizen Marketers
Consumer Power: Wielding Their Hammer
By Nick Krewen
Call it the 1% Solution.
Ben McConnell, author of Consumer Evangelists, notes that corporations had better be wary of the power that consumers now hold, predominantly because they have the opportunity to expresses themselves on the global forum known as the Internet.
During his presentation, McConnell noted that if consumers aren't happy with a product or a service, they will let the whole world know about it...

The Music Mobile Industry: Saviour Or Hype?
by Nick Krewen
Will the mobile phone industry save the music business, or is it just a bunch of hype?
Consider some of these figures: In 2006, 2.6 million people have handsets. In the U.K. and Italy, the penetration of the market is 108% and 117% respectively. Ringtones are the most popular digital music format and in 2006, 96% of the digital music revenue in Japan came from the mobile phone.

JAC HOLZMAN: 57 YEARS AS A PIONEERING SPIRIT
By Nick Krewen
As the founder of Elektra Records in 1950, Jac Holzman has signed a lot of amazing and influential recording acts: The Doors, Iggy and The Stooges, Harry Chapin, Queen, Carly Simon, the list goes on.
Over 50 years later, Holzman is still engaging in pioneering activity - creating the digital music label Cordless Recordings and releasing, rather than singles or albums, three-song "clusters."
The key to his longevity: Passion.

 
Call it the 1% Solution.

By Nick Krewen

Ben McConnell, co-author of Consumer Evangelists and his brand new book, Citizen Marketers, notes that corporations had better be wary of the power that consumers now hold, predominantly because they have the opportunity to expresses themselves on the global forum known as the Internet.

During his presentation, McConnell noted that if consumers aren't happy with a product or a service, they will let the whole world know about it via word of mouth.

Only the "mouth" in this case is one with a widespread network: the Internet.
And the company that suffered the backlash: Dell.

McConnell told the story of Jeff Jarvis, a former critic who ordered a Dell laptop and found his model to be faulty. After a technician dispatched to his home couldn't fix it, Jarvis was put off by the experience and lambasted Dell is his daily blog.

His complaints touched a nerve with the general public and other dissatisfied Dell customers, who also complained of poor customer service. The action created such a ripple that Dell's stock price dropped 45% and the company was forced to devote $100 million to improve its customer service.

McConell defined the power shift as being powered by four types of people: Filters, Fanatics, Facilitators and Firecrackers.

Fanatics, McConnell says, "are true believers, evangelists" that usually rally to a cause they're passionate about.

Filters are people who package and summarize information about companies and brands, are usually objective and act as monitors.

Facilitators create communities and their main marketing tool is the Bulletin Board or community software, using forums to communicate either compliments or complaints to particular brands or companies.

And Firecrackers are exactly at they sound - one-shot wonders who explode and disappear, making a lasting impact.

McConnell says most citizen marketers have their work defined by three traits: personal expression, free contributions and the fact that they're amateurs.

They are publisher, distributor and syndicator.

As for the 1%, McConnell links them to outlaw motorcycle gangs: the rebels who act independently of the masses and often receive little recognition for it.
McConnell identified Wikipedia -- the democratic Internet encyclopedia that allows everyone to be a contributor -- as an example of the 1% rule, where the minority is inspired by fun and where inequality is celebrated.

So what McConnell suggests is a simple truth: You, as a citizen marketer, have a greater sphere of influence than you previously imagined.

Whether you're in the majority or in the minority, you can stand up and make your voice count -- and in the case of commercial enterprises -- affect the types of changes you want.
It's a whole new interpretation of the term "consumer demand."

 

 

SPONSORS
Rogers MusicStore CMW wouldn't happen without the support of the following sponsors.



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