Why Muusic.FM  Global Internet Radio is The Biggest Advertising Opportunity of The Future…

Written by on January 30, 2019

Internet radio has the potential to be the most ubiquitous form of media ever. More commanding of your attention than film, television, or books. This is because listening to music can be enjoyed while doing other activities. Before I go further, let me make an important distinction: there are two types of listeners, lean back and lean forward. Lean back listeners hear music programming via a playlist or radio station (think “set it and forget it”), whereas lean forward listeners actively select individual songs. The majority of people prefer a lean back experience.
In 2014, one third of Americans used their phones to stream music. Young adults (18-24) listened to internet radio more than terrestrial. Two of the top five most popular apps in America (Pandora and Youtube) are used for streaming music. With Americans now spending more time on their phones than watching television, there has never been a more opportune time to maximize internet radio experiences.
Let’s consider the potential internet radio landscape. The average person sleeps approximately seven hours a day, meaning there are up to seventeen listening hours per day that one could listen to internet radio. Additionally, it’s expected that in two years 3.5 billion people will be online, bringing the total of possible listening hours worldwide to 59.5 billion per day. With the average revenue per thousand hours amounting to $42.77 (Pandora’s rate in 2014), there is a possible daily cap of approximately $2.5 billion in 2017. Granted, this assumes that the market rate is equal throughout the world, which currently is not the case.
In particular, location, social, and biometric data streams will provide the most relevant inferences for personalised listening experiences. To date, location information has primarily served to provide music programming experiences reflective of the general tastes in those regions. Within a hyperlocal context, internet radio services could push music reflective of micro cultures in neighbour hoods, parks, rooms of a house, etc. Listeners that aren’t generally music consumers could still receive personalised experiences if internet radio providers could draw from their social data to find people with similar tastes in other areas such as films, foods, books, etc. and reference those listeners’ music preferences. Finally, leveraging biometric data from fitness bands could enable internet radio providers to push music that reflects the perceived activity or mood of that listener.
It will take time to gain listeners’ trust to connect these types of data streams to music services. In the meantime, music programming that relies on crowdsourced curation, similar to Twitter or Reddit, can surface highly contextual programming (e.g. mood, activity or genre). Within this paradigm, the best content will emerge because the crowd deems that the context provided around the programming meets their expectations. A different approach is accumulating data passively through smart audio devices. One example is the Cone, a speaker that learns a listener’s music preferences based on where that person listens to the speaker. If the listener prefers indie rock music when in their bedroom, the speaker will play that type of music once it realises it’s within that room.
Music data analysis company, Next Big Sound’s recent 2014 report highlighted how brands’ advertising dollar could be better spent. In 2014, artists saw significant growth in their digital reach as a result of brand endorsements; however, for brands their advertising reach did not extend their reach beyond the value associated with a traditional paid digital ad. Typically eschewed as selling out, artists will undoubtedly continue to want to work with brands. However, brands will likely want to be more targeted with their money to hopefully see better results from music advertising.
With the inevitable growth of internet radio, as we continue to shift digitally, the abundance of listeners’ data will provide advertisers improved targeting, as well as awareness of their demographic. This new paradigm will offer companies an unprecedented opportunity to connect with the right listeners at the perfect moment. The only question remaining, what will your station look like? Well here we have muusic.fm a well established internet based Global radio station which hosts some pretty huge names alongside with up and coming emerging talent. Muusic.fm is a global powerhouse which enables DJs, Club owners, producers not only to play a pre recorded show, but also be able to stream live from anywhere on earth in a solid sounding stream second to none. Muusic is also desensitised which means your data is only owned by you and will not sell It to any 3rd parties.
Muusic.fm has firmly built solid relations in the USA, Europe, Asia,
Middle East, India and growing everyday. The muusic platform also has its own Native blockchain and rewards listeners, DJs businesses the opportunity to earn muusic coin (Muu) currently valued at 0.25$ muusic.fm wants to hear from coffee shops, e commerce brands, and offer them free advertising in return for the business steaming muusic.fm the business gets rewarded in free adverts and in the muusic coin. Paul Cartwright the CEO says” it’s a revolutionary marketing tool for small businesses or any business who loves music and has a great social footfall in there business.” Free adverts and cutting edge music it’s a winner.-  To find out more about muusic.fm and the crypto project please email: Paul@muusic.co.in 

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