pandorapowerpoint

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By Tyler Gault “Pandora’s pitch to advertisers is that its technology can cater to consumers with far greater precision than radio — it can pinpoint listeners by age and sex, ZIP code or even musical taste — and that as it grows, Pandora will effectively be the top station in many cities.”

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Page 1: Pandorapowerpoint

By Tyler Gault“Pandora’s pitch to advertisers is that its technology can cater to consumers with far greater precision than radio — it can pinpoint listeners by age and sex, ZIP code or even musical taste — and that as it grows, Pandora will effectively be the top station in many cities.”

Page 2: Pandorapowerpoint

Date launched

• Pandora is based on the Music Genome Project, which began in 2000

• August 2005 – Pandora launches on the web• July 2008- Pandora debuts on the iPhone and

iPod touch

Page 3: Pandorapowerpoint

Total Registered Users

• 150 million registered users• Demographics- twenties and early thirties• Active listeners- 54.9 million

Page 4: Pandorapowerpoint

Impacts

• Altering traditional marketing practices-Controls 72% of the streaming music market• Changing the music industry-Internet Radio Fairness Act of 2012• Extremely powerful marketing tool

Page 5: Pandorapowerpoint

Key Performance Indicators

• Facebook has a massive following-4,412,539 likes · 39,801 talking about this• Projected to earn 861 million dollars in

revenue in 2015• Ranked number 2 in mobile device ads behind

Google

Page 6: Pandorapowerpoint

Tips for Personal Use

Audio Algorithm

Share with your friends!

Page 7: Pandorapowerpoint

Continued…

Page 8: Pandorapowerpoint

Businesses using the platform well • Pandora has 800 local advertising

campaigns scheduled this year.

- Target’s narrow groups of voters online

-Charges businesses for premium subscription

-Online Universities and car dealerships

Page 9: Pandorapowerpoint

Advertising Opportunities

• Different from traditional ads • Local and regional businesses-Car dealerships, restaurants, colleges

• Has a High amount of internet traffic • Easy to apply for a advertising application• Connection with other platforms

http://www.pandora.com/advertise

Page 10: Pandorapowerpoint

Cautions for business and personal use

• Remember that personal data is transmitted to advertising agencies.

-Location, gender, age • Under currently under federal investigation - Third party affiliates • Change your privacy controls- Turn your public profile off

Page 11: Pandorapowerpoint

Citations • VentureBeat | News About Tech, Money and Innovation." VentureBeat. N.p., n.d. Web. 17 Sept. 2012. <http://venturebeat.com/2012/05/08/pandora-

surpasses-150m-users/>.

• "Pandora Internet Radio - Listen to Free Music You'll Love." Pandora Internet Radio - Listen to Free Music You'll Love. N.p., n.d. Web. 30 Sept. 2012. <http://www.pandora.com/>.

• "Is Pandora Changing the Music Industry?" DailyFinance.com. N.p., 25 May 2012. Web. 30 Sept. 2012. <http://www.dailyfinance.com/2012/05/25/is-pandora-changing-the-music-industry/>.

• Beckett, Lois. "ProPublica: Pandora Asks Listeners to Share Their E-mail Addresses with Romney." Washington Post. The Washington Post, 08 Aug. 2012. Web. 30 Sept. 2012. <http://www.washingtonpost.com/politics/pandora-asks-listeners-to-share-their-e-mail-addresses-with-romney/2012/08/08/e4d8dee4-e16e-11e1-ae7f-d2a13e249eb2_story.html>.

• "VentureBeat | News About Tech, Money and Innovation." VentureBeat. N.p., 8 May 2012. Web. 30 Sept. 2012. <http://venturebeat.com/2012/05/08/pandora-surpasses-150m-users/>.

• "Technology." Pandora's Android App Gathers Personal Info, Report Says. N.p., 8 Apr. 2011. Web. 30 Sept. 2012. <http://latimesblogs.latimes.com/technology/2011/04/pandora-app-android.html>.

• "Is Pandora Changing the Music Industry?" DailyFinance.com. N.p., 25 May 2012. Web. 17 Sept. 2012. <http://www.dailyfinance.com/2012/05/25/is-pandora-changing-the-music-industry/>.

• "Why Does Pandora Need to Access Contact Information? - Android Forums." Why Does Pandora Need to Access Contact Information? - Android Forums. N.p., 10 Jan. 2010. Web. 30 Sept. 2012. <http://androidforums.com/android-lounge/46542-why-does-pandora-need-access-contact-information.html>.

• "Matthew Watts." Pandora Internet Radio Case Study on Successful Ad-Based Revenue. N.p., 8 Aug. 2009. Web. 30 Sept. 2012. <http://www.matthewwatts.net/internet-marketing/pandora-internet-radio-case-study-on-successful-ad-based-revenue/>.

• "Pandora Local Ads Not Just for Car Dealers." ClickZ. N.p., 16 Apr. 2012. Web. 30 Sept. 2012. <http://www.clickz.com/clickz/news/2168082/pandora-local-ads-car-dealers>.