2012 cma marketing summit: who are today's country music consumers?

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WHO ARE TODAY’S COUNTRY MUSIC CONSUMERS? Karen Stump Sr. Director, Market Research CMA Marketing Summit October 31, 2012

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Page 1: 2012 CMA Marketing Summit: Who Are Today's Country Music Consumers?

WHO ARE TODAY’S COUNTRY

MUSIC CONSUMERS?

Karen Stump

Sr. Director, Market Research

CMA Marketing Summit

October 31, 2012

Page 2: 2012 CMA Marketing Summit: Who Are Today's Country Music Consumers?

“Defining” COUNTRY MUSIC CONSUMERS. IT’S ABOUT ENGAGEMENT

Page 3: 2012 CMA Marketing Summit: Who Are Today's Country Music Consumers?

Syndicated Data Analytics Connecting

Media Habits and Consumption with Country Consumers

Page 4: 2012 CMA Marketing Summit: Who Are Today's Country Music Consumers?

All

Adults

Men Women Adults

18-49

Men

18-49

Women

18-49

Adults

25-54

Men

25-54

Women

25-54

42.5% 40% 45% 44% 41% 47% 43.7% 42% 45%

HOW MANY DOES COUNTRY MUSIC REACH?

20

12

98,181,000 adults

37% 37.4% 39% 37% 35.7% 38.7% 38.4% 37.6% 39.2%

20

07

83,770,0000 adults

• Average 5.6 point growth between 2007 and 2012 across demo groups

• Female reach strengthens among A18-49 demo since 2007

• Males hold strength in the M25-54 demo

• Rate of Growth in number of Country Music Consumers outpaces the rate of growth in

adults annually: average of 2,882,000 new country consumers per yr.

Source: GfK MRI Spring 2012

Page 5: 2012 CMA Marketing Summit: Who Are Today's Country Music Consumers?

COUNTRY MUSIC CONSUMERS BY STATE

National Average Share

Above National Average ShareLess than National Average Share Average level @ 42%

Minimum level for any one state - 32%

Page 6: 2012 CMA Marketing Summit: Who Are Today's Country Music Consumers?

ATTRACTIVE ON MANY ECONOMIC DIMENSIONS

KEY DEMOS WITH MOST DISCRETIONARY INCOME AND SPENDING

72%72%Own Home

64%64%Married

30%30%College-degree

Bachelor or Higher

30%30%HHI $100k+

56%56%Full-time

Employed

6

Source: GfK MRI Spring 2012

Page 7: 2012 CMA Marketing Summit: Who Are Today's Country Music Consumers?

FAMILY

94%

WHAT ARE COUNTRY MUSIC CONSUMERS

PASSIONATE ABOUT?

GOLF

59%

…to name a few.

HOME

72%OWN ATV

62%TRAVEL

94%

TRAVEL

57%

Source: GfK MRI Spring 2012

Page 8: 2012 CMA Marketing Summit: Who Are Today's Country Music Consumers?

LEVERAGE THESE SUPER INFLUENCERS

Category Total Male

25-54

Female

18-49

New Technology 111 121 120

Mobile/Cell 128 122 135

Sports Equipment 130 127 103

Home Remod. 127 136 119

Index-Basis 100

Home Remod. 127 136 119

Wine 112 100 128

Beer 114 116 131

Other Alcoholic Bev 122 116 122

Source: GfK MRI Spring 2012

Page 9: 2012 CMA Marketing Summit: Who Are Today's Country Music Consumers?

TECHNOLOGY USE DEFINED BY TWO KEY SEGMENTS

TECH-ENTHUSIASTS TECHNO-GAMERS

Tech-thusiasts Techno-Gamers

11.415.2

20.225.6

0

10

20

30

2009 2010 2011 2012

Growth in Digital Album Share of Sales - Country

Source: GfK MRI Spring 2012; Nielsen Soundscan

Page 10: 2012 CMA Marketing Summit: Who Are Today's Country Music Consumers?

Over15,000

members

U.S.Based

Proprietary

IN-DEPTH CONSUMER BEHAVIOR AND BRAND RESEARCH

Insiders Fan PanelInsiders Fan PanelInsiders Fan PanelInsiders Fan Panel

Page 11: 2012 CMA Marketing Summit: Who Are Today's Country Music Consumers?

2013 CMA Insider CATEGORY Studies

Jan Feb Mar AprHome Improvement

Beverages RetailFamily EntertainmentJAN FEB MAR APR

Jul Aug

Health & Wellness

Pet Care and Services

MOMs Spending Attitudes and Habits

Shopping Habits and Behaviors of MENJUL AUG SEP OCT

Page 12: 2012 CMA Marketing Summit: Who Are Today's Country Music Consumers?

5% 4% 3%

Restaurant Choice by Occasion

• Country Music Consumers are most likely to select a casual dining restaurant when dining out for “special” occasions ; the exception being before/after a live event such as a concert where time and schedules may dictate a simpler choice.

• When it comes to “romantic” occasions, their likeliness to select a fine dining restaurant more than doubles compared to other “occasion” dining choices.

Casual Dining Often Rises to the “Occasion”

14%3%

12% 21%

53%

61%

56%

82%74%

44%24%

41%

5% 4% 3%

Business Date/Romantic Time w/ Family Time w/ Friends Pre/Post live event

Fast Food/Fast Casual Casual Dining Fine Dining

Page 13: 2012 CMA Marketing Summit: Who Are Today's Country Music Consumers?

Delivers a Large Mobile Phone Audience

Page 14: 2012 CMA Marketing Summit: Who Are Today's Country Music Consumers?

Strong Preference For Leading Brands

Page 15: 2012 CMA Marketing Summit: Who Are Today's Country Music Consumers?

Take Aways…..

• Country Music Consumers comprise a significant and sizeable audience

overall as well as among key demo segments. In fact, they can be found in

nearly every demographic segment.

• Wide-spread, literally. Not limited to specific region/geography.

• Country Music Consumers behaviors and make-up are unique only in their • Country Music Consumers behaviors and make-up are unique only in their

level of exceeding the average. Their attractive qualities surpass many norms

and baselines.