Professional Documents
Culture Documents
PA RT N E R S H I
P NORTH
Marketing
strategies
R E V I E W O F M U S I C PA RT N E R S H I P
N O RT H M A R K E T I N G S T R AT E G I E S
• This organization has different hubs in England which provides the users
with convenience of taking the services.
STRENGTH AND
2. The organization 2. The audience size is not
WEAKNESSES OF provides customized and very large.
personalized lessons for
C U R R E N T S T R AT E G I E S the individuals.
Economic Legal
Stable economy after Following the National music
facing Brexit. educational plans.
PESTEL
A N A LY S I S
Social Environmental
Leisure is quite Eco system score : 69.13
important. Environment health: 96.03
Believes in social Score of EPI: 79.89
equality.
Success driven premises
(Music Partnership
North, 2021)
Strength Weaknesses
The facilities are equipped No events and no plans.
fully. Social media presence is very
Teaching is done in diverse less.
ways. Only government granted
The mission is to provide income.
music classes. Minimal brand image.
SWOT
A N A LY S I S
Opportunity Threats
Contains diverse instruments Its competitors are its threats.
and many facilities. Upcoming technology.
It can generate income on Government policies are not
individual basis. very supportive.
The power of the suppliers in the
Supplier power industry is quite less because the
level of competition is more.
COMPETITOR
Penetration of the market Development of the
S A N A LY S I S Nemco, SAGE product
and Northern Music Centre SAGE
DEVELOPMENT OF NEW MARKETING
S T R AT E G Y
The new marketing strategies can be improving the Elevating the technical aspects of the organization so Budget of marketing should be increased.
social media presence so that the company can earn that the company can exceed its competitors.
more profits and customer base.
N E W M A R K E T I N G S T R AT E G Y –
CURRENT CHALLENGES
• To grow its customer base and provide music classes with quality.
• Increasing the profit margin and also the brand image so that the
company can beat its competitors,
KEY
R E C O M M E N D AT I O
N
• The implementation can only happen with the help of increasing the
usage of social media and their requirements.
• The business plan will focus upon the requirements that will certainly
help the organization to grow and improving the service offerings and
genres.
• Filtering the music contents as this will help the consumers to choose
and to understand better.
F I N A N C I A L B U D G E T A N A LY S I S
FINANCIAL
A N A LY S I S
F I N A N C I A L A N A LY S I S
• Brand improvement- The organization will improve their brand image with the
help of marketing skills and the budget will be $150.
• ROI= It is estimated that the return on investment will be derived in nearly 7-8
months as the consumers are expected.
• Virtual fundraising will be done with the help of online campaign and online
social media presence that will help in deriving the outcomes of the same.
REFERENCES
• MPN Music Hub, 2021, MPN Music Hub @MPNEHub. [Online] Available at:
https://twitter.com/MPNEHub?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauth
or
[Accessed 21st October 2021].
• Music Partnership North, 2021, Music Partnership North – online music lessons. [Online]
Available at:
https://northumberlandeducation.co.uk/music-partnership-north-online-music-lessons/
[Accessed 21st October 2021].
REFERENCES
• Cloonan, M., 2016. Popular music and the state in the UK: Culture, trade or industry?. Routledge.
https://www.taylorfrancis.com/books/mono/10.4324/9781315601410/popular-music-state-uk-martin-cloo
nan
• Bennett, T.G.P., 2015. Learning the Music Business: Evaluating the ‘Vocational Turn’in Music Industry
Education.
https://kclpure.kcl.ac.uk/portal/en/publications/learning-the-music-business(99560071-a4f4-4179-8cdc-5f
a2c0087999).html
• Meier, L.M., 2015. Popular music making and promotional work inside the ‘new’music industry. In The
Routledge companion to the cultural industries (pp. 418-428). Routledge.
https://www.taylorfrancis.com/chapters/edit/10.4324/9781315725437-45/popular-music-making-promoti
onal-work-inside-new-music-industry-leslie-meier
• Choi, H. and Burnes, B., 2013. The internet and value co-creation: the case of the popular music industry.
Prometheus, 31(1), pp.35-53. https://www.tandfonline.com/doi/abs/10.1080/08109028.2013.774595