The Usefulness of Data. Data is particularly useful in the music industry because it allows those working behind an artist/band to build an audience profile, consequently allowing them to direct their promotional strategies to the right market. For example, Spotify has launched a new aspect called the 'Fan Insights Dashboards' allowing artists and managers access to their own monthly streaming data such as how people are listening to the music, the age bracket of those listeners and the gender of listeners. The data can then be interpreted and inputted into the development of marketing strategies - if your audience is listening predominantly on mobile devices advertise on this platform. Similarly, if you have a primarily female audience the products you are promoting and the advertisements used should be tailored to appeal to females; this can also link to the age of such females as a teenage audience have different preferences and audience needs to the 25-30 female brack...
Music Business student at the University of Gloucestershire.