Dr. Thomas W. Hutchison www Office: 220 www Phone: 898-5695  

email: hutchtom@aol.com  www thutchis@mtsu.edu

Office hours:  Open hrs. MW 1-2; others by appt.

 

I.    Course Description

Special emphasis on the particular structures and the process involved in the movement of recordings from manufacturer to the consumer.  Topics include market identification, product marketing, promotion, distribution, getting media exposure, niche marketing, and the impact of technology on the marketing process.

II.   Prerequisites

Candidacy for RIM majors; others: RIM 3600--Survey of RI

III.  Texts

Record Label Marketing - Hutchison, Macy, Allen

The Future of Music - Kusek, Leonhard

Hit Men - Fredric Dannen   (optional)  

The Essentials of Marketing Principles (optional)

IV.  Class Procedures

1.    Attendance.  Attendance is expected at all classes.  Class roll will be taken every day, and your attendance will be monitored through at least 5 unannounced pop quizzes during the semester, accounting for 15 % of the final grade.  Absence during any quiz (or the class period preceding the quiz) may result in a loss of points toward the final grade.  NO MAKEUPS on the quizzes.  Up to half of your points on the quiz are for attendance, the other half for correct answers to the quiz questions.  BE ON TIME TO CLASS TO AVOID MISSING QUIZZES.

 

2. Assignments.  Assignments, both oral and written, are due in class on the assigned date.  All written assignments are to be legible computer printouts).  Late assignments will be penalized 20% of their available points.  Students have only one day (24 hours) to turn in late assignments.  No late projects will be accepted after this time.

 

Reading assignments are correlated with the lecture material and students are expected to keep up with the readings and be prepared for class discussions.  Students will be called upon during class to respond to the readings.

3.    Examinations.  Attendance for tests is mandatory.  No late or makeup tests will be given.  If you are gravely ill or unable to attend an examination for any other emergency reason, you must notify the professor in advance.  Makeup tests for such absences will be made only at the discretion of the professor.  There will be three tests during the semester.

 

4. Grading scale.

Three Tests Total

                Tests 1 & 2 (150 points each)                       300
               
Final                                                          200
               
Pop Quizzes (30 points each)                        150
               
SWOT analysis (term paper)                          150
               
Final project  (Marketing Plan)                       200

       
                   - (includes peer evaluation)                                 ____        
  
             TOTAL possible points                                 1000

 

Grades will be determined by the total number of points accumulated during the semester.

                A - 900-1000                      D - 600-699

                B - 800-899                        F - 0-599

                C - 700-799

V.    General Topic Outline*

 

*We will adhere to this outline as much as possible.  Any changes will be announced in class.

Topic 1:     Introduction to Marketing Principles:

                product life cycles, the 4 p’s, the S.W.O.T. team, etc.

                Readings: Principles of Marketing (green booklet). Hutchison, Macy, Allen Ch. 1

 

Topic 2:     Market Segmentation: Demographics, psychographics, VALS, behavioristic segmentation, consumer behavior.

Readings: Hutchison, Macy, Allen Ch. 2

 

Topic 3:     The Industry Numbers: Economics of the recording industry, RIAA statistics on sales

Readings:  Hutchison, Macy, Allen Ch. 3. 

                                

Topic 4:     Record Label Operations: How a record label works. Who does what?

Readings: Hutchison, Macy, Allen Ch. 4.

 Topic 5:    Profit and Loss Statement:   The Marketing Plan and Marketing Budgets. 

                    Readings: Hutchison, Macy, Allen Ch. 5.

 

Topic 6:     SoundScan: How it works.  How to use SoundScan to maximize your sales potential.

                Readings: Hutchison, Macy, Allen Ch. 6.

 

TEST # 1  

Topic 7:     Radio

                How radio works. Audience measurements (ARB), music research, Broadcast Data Systems,  reporting stations; Program directors

               Readings: Hutchison, Macy, Allen Ch. 7.

 

Topic 8:     Record Promotion

How and why records are promoted to radio

Readings: Hutchison, Macy, Allen Ch. 8.

 

Topic 9:     Publicity of Recorded Music: The importance of media exposure, press kits, press releases, etc.

                Readings: Hutchison, Macy, Allen Ch. 9

 

  Topic 10:   Advertising in the Recording Industry: Media buys, media impact, determining cost and effectiveness

               Readings: Hutchison, Macy, Allen Ch. 10.

                MIDTERM SWOT paper due

              

Topic 11:   Music Distribution

                Role of distribution, structure, timeline, digital distribution

Readings: Hutchison, Macy, Allen Ch. 11

 

Topic 12:   Music Retail Environment

                Music retailing, 4 P's, music stores, online sales

Readings: Hutchison, Macy, Allen Ch. 12

 

Topic 13:   Grassroots: Street Marketing, Guerilla Marketing, the power of Word of Mouth.

Readings: Hutchison, Macy, Allen Ch. 13

 

Topic 14:   Internet Marketing: Importance of the website, promotion on the Internet.

                Readings: Hutchison, Macy, Allen Ch. 14

Test #2

Topic 15:   Music Videos: history, production, promotion

Readings: Hutchison, Macy, Allen Ch. 15

 

Topic 16:   International Recording Industry 

                Oligopolies, markets, piracy, licensing, parallel imports, marketing overseas

                 Readings: Hutchison, Macy, Allen Ch. 16

                

Topic 17:   Tour Support: benefits, majors, indies, sponsorship 

                Readings: Hutchison, Macy, Allen Ch. 17

 

Topic 18:   Special Products and Special Markets 

                Lifestyle marketing, product extensions, compilations, exclusives, tour sponsorship

                Readings: Hutchison, Macy, Allen Ch. 18

 

Topic 19:   Marketing Research 

                Syndicated, custom, validity, focus groups, surveys, research sources     

                Readings: Hutchison, Macy, Allen Ch. 19

Topic 20:   The Recording Industry of the Future 

                New media concepts, online and offline content, technology diffusion and convergence, the universal mobile device, marketing under the new music model.

                Readings: Hutchison, Macy, Allen Ch. 20

  Topic 20:   The Marketing Plan 

                MARKETING PLANS – Group Presentations

                FINAL EXAM

SURVIVAL TIPS:

Come to class on time

Keep up with the readings

Allow for computer breakdowns

Cooperate with your marketing plan group

Learn and prosper

Turn cell phones off during class

Repeated Courses 

No course may be attempted more than twice (i.e. repeated more than once) except upon the advice of the faculty advisor (university policy, catalog page 46).

Last Day to Drop

Students who cease attendance but do not officially drop or withdraw receive a grade of F.  Last day to drop and not receive a grade is _____ .  ___ is the last day to drop and receive a W.

Disabled Students

Students with a disability must register with the Disabled Student Services office (KUC 120) and should notify their professor within the first week of class of their disability status and any requests for special accommodations.

Administrative Withdrawal

Students will need to withdraw from this course if prerequisites published in the most current catalog are not met.  Student’s failure to voluntarily withdraw will result in a grade of ‘F’ for the course, regardless of any work completed in the class.

 FINAL EXAM: RIM 4620-003   

BAS S337 Hutchison, T.