Tag: Famous Music Platforms

  • Spotify Wrapped: The Whole Story and the Hidden Marketing Behind It

    The quote quoted above is probably my favorite. There is probably not a single day when any person is away from art. Art is so closely aligned with the reality that it is impossible to separate the two things. They are so much together that we cannot imagine these two separated for even a single day of ours. One such art is music. It’s quite a popular way to add a soundtrack to whatever you are doing.

    Do you listen to music? Dude, what kind of question is that? Everyone listens to music. This is quite true; no one asks these sorts of questions. Do you now like to directly ask about what is your most liked genre? Speaking of music, the most famous music provider/streamer is Spotify.

    Spotify never leaves a stone unturned to make customers woo. Interestingly, much like Spotify’s strategies, gaining more TikTok followers can also be achieved through engaging content and clever marketing tactics. Many brands leverage influencer partnerships to increase their reach, thus effectively expanding their audience base on TikTok. They do their most popular marketing campaign called “Spotify wrapped” and many cool tricks to make its user retention an all-time high. This article is just about that specifically and especially of all the marketing tactics. We will discuss how the Spotify Wrapped Campaign has managed to hit the right note with music lovers all around the world.

    “Art is the lie that enables us to realize the truth.” ― Pablo Picasso

    About Spotify
    The Fluidity in Spotify
    Consumer Psychology
    How Spotify uses User Inputs and Machine Learning
    The Spotify Wrapped Experience
    Spotify Trying to Wrap up a Whole Decade
    Features of Spotify Wrapped
    How to Find Spotify Wrapped
    Why Spotify Wrapped is Popular
    Wacky Advertisements of Spotify

    About Spotify

    You would be living under a rock if you didn’t know what Spotify is. We all know that Spotify is an audio streaming platform available on all devices all over the world. Surprisingly, Spotify was founded in 2006, and in such a short span of time, it has become the most popular streaming service in the world.

    Spotify has made a place in the hearts of audiophiles all around the world. The reason is the fact that they are a music streaming platform and everyone is a music lover. Also, they are famous for their wacky advertising marketing faces and exact usage of consumer psychology for that matter.

    Once you sign up for this audio streaming service and begin using it, they will notice your listening habits. As you go about interacting more and more with Spotify, listening to music and podcasts, Spotify will get to know you more.

    With all these data inputs, Spotify suggests more songs and creates personalized playlists for you. This personalization is absolutely loved by people who use Spotify; the fact that they can discover a new jam every now and then, based on Spotify’s intelligence, just connects with the audience.

    Spotify Personalized Playlist | Spotify Wrapped Campaign
    Spotify Personalized Playlist – Spotify Wrapped Campaign

    Let us know how this works, and then we will later jump to how the “Spotify Wrapped” works.

    The Fluidity in Spotify

    When we talk about a business operating in the area of music, then we can think of the massive audience that they have to cater to. For the record, it is true that Spotify has to cater to a huge audience, but whatever they do in their marketing upfront, it is not messy at all. The point that I am trying to uncover here is that Spotify has fluidity in its works. They know that things can get super boring super fast for people of this generation, so it is imperative to experiment bit by bit.

    This fluidity in their marketing team helps them to garner consumers and thus make them a paying member of their line of work. Elegant use of consumer psychology often works in this quest for customer retention. Let us see a bit about how this segment works,

    Consumer Psychology

    Spotify Monthly Active Users Worldwide (Q1 2021 - Q3 2024) | Spotify Wrapped Campaign Analysis
    Spotify Monthly Active Users Worldwide (Q1 2021 – Q3 2024)

    Consumer behavior or consumer psychology is the study of individuals, groups of individuals, and all the activities and thinking processes. It is mainly associated with the purchase, sale, use, and disposal of goods and even services. Consumer behavior also consists of how emotions, attitudes, and other preferences affect consumers’ buying behavior. This also includes the hit-and-trial method of getting customers loyal. This experiment makes corporations learn more about customers and thus retain and make more the retention of people transacting with firms. It is a very common practice in this internet era.


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    How Spotify uses User Inputs and Machine Learning

    Listening is everything – Spotify’s motto

    Spotify is high on artificial intelligence and machine learning. They know the patterns that you listen to music too; they know every input needed to suggest the next song. These inputs allow quite everything at the Spotify headquarters. ‘Listening is everything’ is the motto of this audio streamer. While you listen to songs that they provide, they listen to your listening patterns. They thus create a pattern that can eventually predict your mood and the genre of music you may want to listen to in the future.

    There are half a billion people that listen to music online and the vast majority are doing so illegally. But if we bring those people over to the legal side and Spotify, what is going to happen is we are going to double the music industry and that will lead to more artists creating great new music. – Daniel Ek (Founder and CEO at Spotify)

    Daniel knew very well that the music market was hugely scattered in many directions. To organize music lovers from all over the world, he knew he needed to take support of technology. So he chose the top-notch and what we call state-of-the-art machine learning. Organizing the market into an industry that has streaming as a habit takes a lot of muscle.

    Years of deliberate practice and features like “Discover Weekly” and monthly reels put them high on the charts. At this point in time, Spotify has emerged as the best player among audio streaming service providers. This also shows how the behavior of the general public all over the world has changed. The song, music, and artiste industry went up a huge scale and turned from being an unorganized sector to a well-organized sector. This growth is notable, and Spotify is heading the efforts.

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    The Spotify Wrapped Experience

    Spotify Wrapped 2024 |  Spotify Wrapped Case Study
    Spotify Wrapped 2024

    Spotify Wrapped is the ultimate amalgamation of machine learning and your musical tastes. These two things on the plate create real magic. People yearn for this magic, and Spotify is the head of this department for this magic in the whole world. They started doing wraps up for its users in the year 2016.

    Spotify Wrapped from that year became a hit viral marketing technique for Spotify. The wrap includes all the songs users have been listening to in the past year, the genre they were the most into, and their favorite artists, along with minutes streamed and other data. It included the top five musicians that users have listened to. Moreover, it is not just another marketing campaign but a huge viral social media campaign.

    Every year, millions of Spotify users share their Spotify wrapped to their social media profiles, which boosts Spotify. In the app store, the Spotify app has historically seen a jump at the end of the year because it is released at the end of the year.

    Spotify sends an email to every person who is eligible for the year inwrapped. For many people, this email is their favorite email of the year. It has become some kind of ritual for all audiophiles/music streamers all over the world.

    The reason people love this form of advertising is that it is too personal. This personal touch (obviously in a very good way) is made possible with the advent of technology. This personalization made Spotify the brand that it is today. The moment you click the link, they will begin showing you the year-wrapped reel.

    Beginning with words like “If 2021 was a movie, you were the main character”. Dude! That’s encouraging. Then comes the next page showing how many new artists you discovered this year. Then comes the top genres you listened to the most and how many genres you discovered. Then, the most-streamed song/single and the most-streamed day. How can we explain this without using the word “Awesome”?

    How is Spotify Wrapped Made

    The purpose of the “Spotify Wrapped” campaign is simple: to promote the music streaming platform. Spotify, however, says that “wrapped” is a way of returning the favor to Spotify users for the past year. This way, users get to know more about their musical tastes, and the data can be helpful in rediscovering music again. It is a win-win situation for both the streaming giant as well as the music listeners. Whatever the purpose, the Spotify Wrapped campaign fulfills the needs of both the provider and the receiver in this transaction in this manner.


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    Spotify Trying to Wrap up a Whole Decade

    Spotify Wrapped – The Playlist of the Decade

    As people were wrapping up a year, Spotify thought bigger and better. The whole damn thought of wrapping a full decade. They tried to put together all the hit tracks of the past decade in a single playlist and tried to create magic out of this. The reactions were amazing, and their video got great views. This was done in the dreadful year 2020. Spotify truly knows how to set the background soundtrack right.

    Features of Spotify Wrapped

    Spotify Wrapped provides insights into your music preferences, top artists, genres, fun trivia, and statistics. Here are some of the key features of Spotify Wrapped:

    1. Your Listening Personality: Spotify Wrapped assigns you a “Listening Personality” based on your listening habits. This personality type is determined by your genre diversity, listening time, and the time of day you typically listen to music.
    2. Your Artist Revealed: The feature displays your year’s top 5 artists and listening habits. You’ll see statistics like total listening time for each artist, their top songs, and the time you listen to them.
    3. Your Top Songs and Genres: Spotify Wrapped reveals your top five songs and genres of the year. You’ll also see statistics like the total minutes spent listening to each song and genre and the top artists within each genre.
    4. Artist Message: Personalize Wrapped with “Your Artist Message” from top artists. Explore video messages in Wrapped, like Taylor Swift and Jung Kook. Use Blend to compare music with friends and let Spotify’s AI DJ share insights.
    5. Your Music Evolution
      This feature highlights how your music tastes evolved throughout the year. It identifies distinct musical phases with descriptors, genres, and artists, along with a personalized playlist that combines favorites with new recommendations.
    6. AI DJ
      The AI DJ provides commentary on your music listening habits, offering insights into your top tracks and artists of the year. This feature is now available in both English and Spanish.
    7. AI Playlist
      Premium users can create custom playlists based on prompts like “my top genres” or “artists similar to my top artists,” powered by Spotify’s AI.
    8. Your Top Artist Reimagined
      Fans can now see their longest listening streak with their favorite artist and learn what percentage of listeners they fall into globally.
    9. Your Music Videos Playlist
      In regions where music videos are in beta, Premium users get a curated playlist featuring music videos of their most loved artists from 2024.
    10. Expanded Artist and Podcaster Messages
      Hear from more of your top artists and podcast creators, including stars like Billie Eilish, Usher, and creators from popular podcasts like Crime Junkie and Anything Goes.

    How to Find Spotify Wrapped

    To find your Spotify Wrapped 2024, ensure your Spotify app is updated to the latest version on iOS or Android. Open the app, and you’ll see the Wrapped feed on your Home screen, where you can explore your personalized listening highlights, including top songs, artists, genres, and more. Alternatively, visit Spotify.com/Wrapped to scan the QR code and access your Wrapped experience in the app. This feature is free and available to all Spotify users.

    Spotify introduced its initial year-end review, “Year in Review,” in 2013, utilizing streaming data. The concept evolved into “Wrapped” by 2016, incorporating unique features like “audio auras” and “listening personality types” derived from user data.

    1. Wrapped’s personalized insights, visualizations, and gamification features make it highly engaging for users. Comparing listening habits with friends adds extra excitement to the fun and interesting statistics.
    2. Spotify Wrapped promotes social sharing among users, creating a sense of community as they share their music preferences on social media.
    3. Wrapped’s “Artist Engagement” feature lets top artists send personalized messages to fans, creating an exclusive and engaging experience.
    4. Wrapped is a cultural phenomenon eagerly awaited by users each year, demonstrating its personal resonance.

    Spotify Wrapped 2024

    Spotify Wrapped 2024 is here, offering fans a fun and personalized way to look back at their last year’s music taste. This year, new features like Your Music Evolution reveal how your musical tastes changed. Spotify’s amazing and cool feature, AI DJ provides commentary about your top songs and artists. Premium users can create custom playlists with the new AI Playlist tool, and fans can enjoy special messages from top artists like Billie Eilish and KAROL G.

    Wrapped also integrates more deeply into the app, showing how your favorite content ranks in your listening history. You can also share your results in the Spotify Wrapped easily on social media and messaging apps. For creators, Wrapped provides insights into fan engagement, and exclusive partnerships, like with FC Barcelona, bring Wrapped moments to life off-platform.


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    Wacky Advertisements of Spotify

    When everyone knows that the human attention span has reduced a lot, this calls for a modern solution. As the meme would say, “Modern problems require modern solutions.” The news for the hour is meme marketing.

    Wacky advertisements can leave a mark on the conscience of people wandering online and elsewhere. CRED does it, Spotify does it, and every smart company does it. Okay, every smart company who knows the power of humor does it. Here are some examples: Though it is time for Christmas, audiophiles must be waiting for their Spotify-wrapped year reel. Spotify added a little fun marketing ping to it. They made promotional videos featuring famous songs of the year. By famous songs, we mean the most streamed songs of the year.

    Spotify India – Love Lesson 101

    Here is one example of the blockbuster “Lambiyaan.” The description read – “If 2021 was an exam, spending the nights with Raatan Lambiyan always felt like the right answer! Find out more about the music you listened to in 2021 with #SpotifyWrapped”.

    Spotify Wrapped Marketing Campaign

    Spotify India – Dil Filmy Toh Suno Filmy

    Another promotional video starred the song “Nadiyon paar,” which was also a hit this year. It was streamed millions of times. They also have a marketing campaign named ‘Dil filmy to suno filmy’. It shares the love of Bollywood songs with the general public. While showcasing the basic human tendency to humm a song that you heard somewhere, here, have a look at one of the videos.

    Spotify Wrapped Marketing Campaign

    Spotify India – Music Magic Hai

    Spotify Music Magic Hai Ad

    In Spotify’s “Music Magic Hai” ad, a dad is driving his daughters to school while a Punjabi song plays. The girls start grooving to the music, and the dad, caught up in the energy, joins in too. The catchy tagline, “Jo daddy ko daddy cool bnade voh music magic hai,” highlights how music has the power to turn an ordinary moment into something fun.

    The fact that they connected two things to each other makes the recipe for perfect videos. They connected trending soundtracks to everyday situations that people faced. That became the perfect recipe for these videos to strike a chord with streamers. Their use of consumer behavior is helping them garner more views and more streams and downloads.

    Conclusion

    The very first principle that Spotify follows is the “rule of personalization”. They know that personalized marketing boosts customer loyalty. Through this feature of ‘Year wrapped,’ they are trying to do the same. If they manage to get a personalized touch to every single person using Spotify, then it will go a long way and become a huge factor in driving sales and revenue.

    This has been made possible via the help of new-age technologies like machine learning and better management of user data. Needless to say, this viral marketing campaign has gone a long way into audiophiles’ hearts.

    Not only this, but this is also can be said to be a major motivator for selling subscription plans to users of Spotify. A popular quote goes like this: “Data is 21st century’s gold”. This is the golden rule for companies that try to give personalized services to their consumers. Spotify is not an exception, and what it is doing with data is quite magically promising and thoughtful.

    FAQs

    Is Spotify Wrapped only for premium users?

    No, Spotify wrapped is for both premium and free users.

    How does Spotify create Wrapped?

    Spotify tracks users’ listening habits from the period from January 1 to October 31 and then compiles it into a playlist at the end of the year.

    When did Spotify launch the Spotify Wrapped marketing campaign?

    Spotify released the viral marketing campaign ‘Spotify Wrapped’ in 2016.

    What was Spotify using to market the “Wrapped” promotion?

    Spotify uses a multifaceted marketing strategy to promote its annual “Wrapped” campaign. This includes social media integration, email marketing, targeted advertising, and more.

    Why is Spotify Wrapped so successful?

    Spotify Wrapped is successful because it is personalized, social, and engaging. It allows users to see their listening habits in a fun and interesting way, and it encourages them to share their results with friends.

  • Why Average Salary of Spotify Employee is more than $150k?

    What would you say if I asked you what is the best part of a job? yes, we all know it, it’s the salary. Except in some cases when you are madly passionate about working and creating impact.

    So for the general public, it’s the return on time investment. It is a good metric to judge a job based on how much it provides a return. It can also be seen as a value meter that tells how much of a value is being created. Higher the return, the greater the level of value addition.

    We all know the most popular players in providing handsome salaries like Apple, Google, Microsoft, Adobe, Goldman Sachs. This article is not about them, as you must’ve guessed from the title. It is about Spotify, but let us build up a basic understanding of salaries and company profiles and then jump to Spotify.

    Every human, every civilized human wants money. Okay, enough philosophy. Everyone who wants to join the workforce wants to join a corporation that will pay them well. They aim for the biggest names in the market and even if they fail to get the moon, they vouch for stars.

    A Brief about Spotify
    How does Spotify pay its Employees better than its Competitors?
    How much does Spotify pay its Employees?
    FAQ

    A Brief about Spotify

    Spotify is a Swedish music and media streaming service. It is also the world’s largest music streaming service provider. It offers services on almost every device possible, be it Mac, Android, Windows, and Linux.

    As of now, Spotify has a huge user base, it has around 172 million paying users and around 381 million of the total user base. That too across the globe and in around 178 countries.

    Spotify  Worldwide Monthly Active Users
    Spotify Worldwide Monthly Active Users

    Music is food for the soul and these numbers prove the statement right. People love to listen and their favourite one-stop place to go is Spotify. Spotify is good at giving recommendations, understanding its users, and increasing their retention.

    The streaming service also entails a premium section of listening to music. It includes music downloads and group listening, Spotify is promoting its premium section by small payments recurring at small intervals of time. Like a 7 Rupee for a day, or 25 for a week. These are specially designed packs for the Indian audience to make them more comfortable with streaming servers.

    We all were earlier used to downloading songs (Illegally) and then listening to them, but it was wrong and steps like that of Spotify are helping make the shift to streaming music and paying for songs they love. This is the legitimate way to honor artists that create songs as their art form.

    Spotify is not only good for listeners but also a great corporation for the people working there. The employees are relatively happy there because of the competitive salaries and perks that the company provides. Let us look at some of them.

    However, there are many competitors in this space, like the common name YouTube Music, Gaana, Saavn, and many more but time and again with its efficient working and great management, Spotify has managed to top the charts of not just songs but streaming too.


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    How does Spotify pay its employees better than its competitors?

    Apart from having a huge user base. Spotify has close deals with differentiating podcasts like Joe Rogan, Obama Family, and many more. All this adds to its revenue maps and allows the company to provide competitive salaries to its employees. The average salary of a Spotify employee is more than 110,500$. That is a handsome amount.

    Spotify has increased employees by 28 percent in 2019. This shows the demand for the product market. Business insiders performed research and found out that the company can pay more than the past average, in stock or cash.

    As we discussed earlier the popularity of Spotify and the domains it provides services in. It has a freemium edge and a premium edge. Freemium includes music streaming with advertisements, this adds up to the revenue that they generate from the advertisement domain.

    The premium includes some price that disables ads and provides pro benefits like downloading music and commercial-free listening. This adds up the main revenue model of royalties. Spotify pays artists a fixed payment for their songs being listed on the platform.

    How much does Spotify pay its Employees?

    Spotify Salary Average by Department
    Spotify Salary Average by Department

    Spotify pay Marketing Specialists $95,000 to $190,000. Researchers and specialists around 140,000 to 240,000 dollars of base salary, Engineers and statisticians about 110,000 to 250,000 dollars and Human resources, finance or legal 133,390 to 185,000 dollars.

    The highest-paid salary is that of director of sales that is around $200,000 and the lowest is about $46,500. Making the company average reach more than $110,000.

    The unique thing about Spotify is that it is allowing WFH from anywhere with getting the same salaries as before.

    In February 2021, it announced a Work from anywhere scheme. Allowing employees to work from anywhere, and the company will continue paying the New York and San Francisco salary rates. Executives believe that it is the future.


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    Conclusion

    As Spotify changes how people listen to music, the legal way. Its effective business revenue model is working fine. It can provide some most competitive salaries. This is a good thing for keeping up the employee’s motivation and providing them with a platform to be their best self.

    Other domains should learn from this and try to create a differentiating factor that places them in a better position than competitors. Thus, adding better working efficiency in the corp.

    FAQ

    How much do Spotify employees get paid?

    The base salaries of Spotify employee ranges from $60,000 to $260,00 for a variety of roles.

    Does Spotify pay its employees better than its competitors?

    Yes, Spotify does pay its employees higher than its competitors.

  • Famous Music Streaming Platforms In India

    Music is one great healer in this world, it has the essence of divinity, driving magic in people with positive energy, now music is being blended into one’s daily routine, looks like everybody is feeling a day incomplete without music and this is why music applications are blooming out with great tools and having good profits. They are having good playlists and sort out songs according to user’s choice, and one more big thing is that they are allowing people to perform and showcase their talent, which indeed helps out singers to go forward in this industry. Here are few great music startups in India so, let us see the complete story on the topic- Famous Music Streaming Platforms In India.

    Kroomsa
    Marvix
    From Mug to Mike
    Saavn
    MuSlate

    1. Kroomsa

    It is founded by Paras Chopra in New Delhi, kroomsa is a good platform for independent bands and artists, these artists can upload their music online which can be downloaded and is streamed online, advertisements are embedded in the songs, the platform gives 20% of ad revenue to NGOs, 40 percent to artists and bands, and keeps 20% for itself.


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    2. Marvix

    Music

    Marvix was founded by Param Arunachalam ,a former Infosys employee, the team consists of Thejesh GN ( technical Architect),Santosh Patil(Content Manager), Gururaj Krishnappa and Fidel Dsouza( Content Analyst). Their main aim is to build India’s greatest music discovery engine, the venture has created MySwar.com, which they claim to be by far the most wide ranged guide to Hindi film music.

    They have songs dated back from 1941 till today, their database includes artist biographies,credits and award information,they have music information like genre, instrumentation, tempo, and more which is more useful for singers.

    3. From Mug to Mike

    It is founded by Sunil Koshy, who is a techie and trained singer, Koshy is a good singer and has recorded with famous musicians, like Alwyn Fernandes, Ustad Faiyaz Khan, and Keith Peters, and top lyricist Jayant Kaikini , he is creating a good  platform for potential singers with his startup, he conducts workshops where participants are given the opportunity to record at high end studios, he is giving good training for the betterment of singers.


    Also Read: How To Make Career In Music Business


    4. Saavn

    It was founded in 2007 and currently based out of US, Saavn was founded by Rishi Malhotra, ,Vinodh Bhat, and Paramdeep Singh. Company has acquired the rights to over 7 million music tracks, Saavn’s signature products are Saavn.com, Saavn Pro, Saavn Music and radio for  Windows phone, and PC and Saavn radio, Saavn offers free music search supported by display advertisements,it generates good revenue by advertisements,  Saavn also offers a subscription service, Saavn Pro, that gives access to ad free and offline streaming.

    5. MuSlate

    It was founded by Rohit Goyal, in 2013 , Muslate.com provides a platform to all audience where they can listen to music and also can upload , organize, share and promote their music ,all in one place without any subscription charges, a good opportunity is created for singer Muslate.com saves you from the hassle of managing music in different devices and the need of carrying your music along with you, it enables you to access your music by just logging into your account and there is no need of storing your playlists in your device.