Masterclass: The Ultimate Guide to Music Data for Music Managers with Soundcharts
Introduction to MMR and Soundcharts
- Michelle Tranquillo introduces MMR's mission to unite music managers across Europe, representing over 3000 managers.
- The Empower program aims to strengthen European managers globally through education, advocacy, networking, and research.
- Links for more information will be shared in the chat; a brief survey will follow the session for feedback.
Agenda Overview and Introduction of Ayel Kagan
- Ayel Kagan from Soundcharts is introduced; he will discuss music data and analytics.
- Soundcharts aggregates data about artists and their works since 2015, focusing on music data importance.
Understanding Music Data
- Music data is categorized into five main blocks: social networks, rankings, playlists, media broadcasts (TV/radio), and sales.
- Traditional monitoring has expanded online; Soundcharts aggregates decentralized data from various platforms.
Importance of Music Data Today
- Data availability has increased significantly; real-time insights are now accessible compared to historical methods.
- Artists today have more comprehensive data than label executives did a decade ago with expensive equipment.
Evolution of Industry Roles
- The industry now includes roles like data scientists that didn't exist ten years ago; professionals increasingly rely on data.
- Storytelling in presentations often incorporates various data points to illustrate artist success.
Challenges with Fragmented Data
- Access to current landscape information is easier due to evolving technology and reduced physical sales.
Introduction to Data Tools in Music Management
- Gerrub introduces himself via video, explaining his busy schedule and focus on data tools as a manager.
- He is the head of administration at B Sharp, a management company for artists and projects.
- With over 10 years in the music industry, he transitioned from project management to business management.
Importance of Financial Data
- Emphasizes the significance of financial data, often delayed in reporting, especially copyright earnings.
- Monitors various analytics tools to assess artist health and performance across platforms.
- Regularly checks Spotify for Artists to analyze specific releases' performance.
Using Sound Charts
- Has used Sound Charts since 2017; acknowledges its evolution and added features over time.
- Initially focused on playlist placements; now integrates broader data insights into daily activities.
- Saves time by accessing real-time data insights for all artists without extensive searches.
Analyzing Campaign Impact
- Uses Sound Charts to track investment impacts, such as radio play effectiveness in different countries.
- Can access organized playlists by position and release date for detailed analysis post-release.
- Discusses challenges with tracking copyrights and revenue associated with plays.
Streamlining Data Requests
- Simplifies requests for grant support by using consolidated data from Sound Charts instead of manual checks.
Understanding Artist Metrics
- The speaker uses financial tools like Curve for management and has access to a comprehensive database.
- They compare artists' strategies and collaboration potential through data analysis.
- Discussion on the importance of metrics in artist development, with a focus on audience demographics.
Choosing the Right Metrics
- Small artists should not focus on streams or sales due to lack of data; understanding audience is key.
- As projects grow, more data becomes available; various tools exist for tracking radio plays and analytics.
- Sound Shots offers a 360-degree approach to monitoring artist performance without manual ranking checks.
Proactive Data Monitoring
- It's crucial to select reliable tools for analyzing data and gaining insights into artist performance.
- Notifications about unusual activity are more efficient than manually checking dashboards.
- Sound Shots provides daily updates and live refreshes for real-time monitoring of artist activities.
Artist Profile Insights
- Overview section shows high-level audience numbers across platforms like Instagram and Spotify.
- Users can add missing social profiles to track all relevant sources in one tool.
- Setting up alerts helps users stay informed about significant changes in an artist's metrics.
Analyzing Radio Plays
- Users can dive into specific metrics, such as radio play statistics over time by market.
Leveraging Small Radio Stations for Promotion
- Broadcasting on small radio stations increases chances of community engagement and track plays.
- Working with PR agents can be beneficial; share your story about web radio momentum.
- Free tools allow monitoring of radio plays and playlist entries, enhancing visibility.
Understanding Artist Engagement Metrics
- Track social content to understand audience demographics and engagement levels.
- Compare engagement rates with similar artists to gauge market position.
- Identify gaps in radio plays versus playlists to set achievable goals.
Utilizing Data for Strategic Decisions
- Playlist contact details are not stored due to GDPR concerns; use Spotify for creator info.
- Early data analysis is crucial for identifying trends and accelerating growth.
- Set up alerts to stay informed about significant changes in artist metrics.
Comprehensive Tracking Across Platforms
- Monitor various platforms including TikTok, assessing post performance through views and engagement.
- The platform tracks a wide range of global streaming services beyond Western markets.
- Use comparison tools to analyze artist strengths across different regions.
Insights on Live Performance Opportunities
Understanding Audience Insights Across Platforms
- The tool provides insights on views and listeners for artists in specific cities across platforms like Spotify, YouTube, and Instagram.
- Users can analyze their artist profile and similar profiles to identify consumption patterns in different locations.
- Limitations exist; markets with little to no audience data are not available, but top markets are referenced.
Tracking Followers Across Multiple Platforms
- It's unclear if followers on different platforms are counted once or multiple times; Spotify counts them as unique followers.
- Influencer connections can be seen through notable followers appearing multiple times across platforms.
Assessing Artist Position in Niche Markets
- The tool allows users to find artists within specific niches, such as hip hop from France, and see how they rank among peers.
- Additional filters can be applied to discover trending profiles gaining traction.
Discovering New Talent and Tracking Growth
- Users can filter artists by growth percentage on Spotify over a specified period to identify potential talent.
- Artists can be added to favorites for real-time tracking of stats on one page.
Festival and Venue Insights
- A new feature shows information about festivals, including lineups and social stats for venues globally.
Subscription Flexibility for Artist Tracking
- Subscriptions allow changing tracked artists after 28 days using a credit system while maintaining comparison capabilities.
User Experience and Data Coverage Comparison
- The platform offers an easy-to-use interface that may outperform competitors in accessing data efficiently.
Real-Time Alerts for Playlist Entries
Discounts and Historical Data
- The platform offers a 70% discount for the first three months with coupon code M70.
- Historical data is available since 2015, with at least three years of data for any artist.
- Users can export up to 50,000 rows of data via CSV from the platform.
Live Gig Data and Tracking
- The platform tracks live gig data including venue sizes and festivals.
- Future updates will provide comprehensive concert listings from various providers.
- Custom metrics creation in the dashboard is not yet possible, but users can export data.
API Access and Radio Tracking
- An API will be available for automating reports and integrating with Google Sheets.
- The platform tracks over 2300 radio stations globally, especially in France and Europe.
- Users can review charts of most played songs on specific radio stations.
Data Insights for Emerging Artists
- For artists with few listeners, audience reports are recommended when they have at least 1000 followers on social media.
- Focus on actionable goals by analyzing similar artists' performance rather than empty graphs.
Addressing Discrepancies in Data
- Differences may exist between Apple Music plays and reported numbers; users can report discrepancies for investigation.
How to Track Venues and Concerts?
- The venue tracking tool is in early stages; insights will be available soon.
- Users can filter venues by location, capacity, and music genre (e.g., blues or country).
- Upcoming features will allow users to see an artist's concert history in France.
Future Enhancements for Concert Tracking
- Complete concert history for artists in France will be displayed, including upcoming concerts.
- Plans to track more sources and determine if concerts were sold out are underway.
Prospecting Tools Available
- Discovery tools help find evolving artists based on relational metrics rather than absolute numbers.
- Current listings focus on "pathening" artists with profiles on Spotify.
Filtering Artists Based on Criteria
- Users can filter artists by growth metrics like Shazam counts or Instagram followers.
- Listings can be customized based on play counts and geographical criteria.
Conclusion of the Session
- The session concluded with thanks and a reminder about the recording being sent later.
Introduction to Sound Shots
- Michelle introduces Ayel Gigan and the agenda for the session.
- Ayel Gigan introduces himself and Sound Shots, an analytics company based in France since 2015.
- Overview of the presentation on music data and a video from artist manager Geralt.
Understanding Music Data
- Sound Shots categorizes music data into five main blocks: social networks, rankings, media broadcasts, TV, radio, and sales.
- Emphasis on traditional monitoring alongside new online channels for data aggregation.
- Importance of music data analytics for artists and managers today.
The Evolution of Data Availability
- Data is more accessible now than ever due to digital transformation; real-time reporting is available.
- Artists have more insights about their profiles compared to label executives a decade ago.
- The industry has evolved with new professions like data scientists emerging.
Increased Education in the Industry
- Many roles in the industry now require understanding of data analytics that didn't exist ten years ago.
- Storytelling in pitches often includes relevant data points to illustrate success stories.
- Access to current landscape information is easier for everyone involved in music.
Challenges with Fragmented Data
- The rise of user-generated content has led to increased fragmentation of music data sources.
- Tracking multiple platforms like Spotify and YouTube presents challenges for analysis.
- Sound Shots aims to create a backbone for navigating this complex landscape.
Video Presentation by Geralt
- Geralt shares his experiences using various data tools as a manager despite not being present live.
Music Industry Management Insights
Experience in Music Industry
- Over 10 years of experience in the music industry, initially focused on project management and marketing strategies.
- Transitioned to business management at Bishop, handling artist administration including budgeting and contracts.
Financial Data Tracking
- Financial data is often delayed; revenue reports may take time to reflect actual earnings.
- Monitoring various analytics tools is essential for tracking artist health and performance across platforms.
Tools for Artist Performance Analysis
- Regularly checks Spotify for Artists to analyze specific releases' performance.
- Utilizes Sound Charts since 2017 for real-time data insights, saving time in daily activities.
Analytics and Campaign Tracking
Importance of Analytics Tools
- Sound Charts provides a comprehensive view of artist performance without replacing Spotify's detailed analytics.
- Tracks investment impacts through analytics, such as radio play and influencer campaign effectiveness.
Radio Play and Copyright Tracking
- Uses charts to monitor radio play effectiveness related to PR campaigns.
- Compares generated revenue with reported plays for copyright investigations.
Data Management Efficiency
Streamlined Data Collection
- Previously collected data manually from multiple platforms; now uses centralized tools for efficiency.
- Accesses necessary information quickly for grant applications or support requests.
Comprehensive Project Health Overview
Artist Comparison and Data Analysis
- Discusses the use of a pro account for accessing a comprehensive database to compare artists.
- Highlights the tool's ability to discover new talents and strategize collaborations.
- Mentions questions about differences between Soundshots and Charmetric, planning to address them later.
Understanding Metrics for Artists
- Emphasizes the importance of selecting relevant metrics based on artist size and development stage.
- Advises small artists to focus on audience demographics rather than streams or sales due to lack of data.
- Suggests using social networks for insights when starting without editorial support.
Tools for Artist Development
- Introduces various tools available for tracking radio plays, analytics, and music marketing.
- Advocates for choosing reliable tools that provide proactive notifications about artist performance.
- Describes Soundshots as a platform offering daily updates and live refreshes on data points.
Using Soundshots Effectively
- Explains how users can search specific artist profiles and set alerts for important updates.
- Details the overview feature showing audience demographics across platforms like Instagram and Spotify.
- Encourages adding all possible sources to track an artist comprehensively in one tool.
Setting Alerts and Analyzing Data
- Discusses setting up alerts for chart entries or playlist features to stay informed quickly.
- Suggest exploring specific metrics like radio plays by market over time for deeper analysis.
Getting Your First Play on Radio
- Small artists often get their first play on satellite or web radio, which may seem insignificant but is a crucial step.
- Artists should engage with the radio station on social media to increase visibility and potentially gain more plays.
- Working with a PR agent can help leverage early radio plays as momentum for future projects.
Tracking Radio Plays and Playlist Entries
- Tools are available to visually track which radios play an artist's songs and when those plays occur.
- Soundshots provides alerts for recent radio plays, even for free users, helping artists stay informed about their exposure.
- Monitoring playlist entries allows artists to communicate with distributors about new placements.
Understanding Audience Engagement
- Tracking social content helps understand audience demographics, including gender and age distribution of fans.
- Comparing engagement rates with similar artists in the same niche provides valuable market insights.
- Identifying differences in radio and playlist presence among comparable artists aids in setting achievable goals.
Data Accessibility and Artist Comparison
- While contact details for playlists aren't provided due to privacy regulations, data comparison remains essential.
- Artists without extensive data can still monitor audience numbers and receive updates on significant changes.
- The platform notifies users of important developments, allowing them to react quickly as their presence grows.
Comprehensive Data Tracking Across Platforms
- Soundshots tracks engagement across various platforms like TikTok, providing insights into post performance.
- Users can export detailed reports on any artist's performance metrics from multiple global platforms.
Artist Comparison and Metrics
- Discusses comparing artists' fan bases in different regions, such as North America vs. Europe.
- Emphasizes the importance of metrics when choosing cities for live performances based on audience demographics.
- Suggests reviewing concert history of similar artists to identify successful venues.
Audience Insights
- Highlights the significance of analyzing audience data across platforms like Spotify and YouTube.
- Notes limitations in audience data for markets with little to no presence, e.g., French artist in Australia.
- Explains how follower counts may overlap across platforms, leading to potential double counting.
Niche Assessment
- Describes using tools to assess an artist's position within their niche, such as hip-hop rap from France.
- Allows filtering by criteria to discover artists gaining traction or relevant stats.
- Encourages tracking growth metrics like followers on Spotify for strategic insights.
Tracking Multiple Artists
- Suggest adding multiple artists to favorites for real-time stat tracking on one page.
- Compares performance metrics among similar profiles to identify trends and opportunities.
- Mentions the ability to analyze song-level performance for favorite artists generating streams.
Festival and Venue Insights
- Introduces a new feature showing festival lineups and historical data for 46,000 festivals.
How to Track Artists with Subscription?
- You can change the artist you track after 28 days with a subscription.
- The free plan allows tracking up to 50 rows of data for artists.
- The user interface is consistent across mobile and desktop, making data access easier.
What are the Key Features of the Tracking Tool?
- The tool covers many platforms that competitors do not, enhancing data depth.
- Real-time alerts for playlist entries are a significant feature; set them up on Fridays for best results.
- A 70% discount is available for the first three months using coupon code Emma 70.
Data History and Reporting Capabilities
- Historical data availability varies; at least three years of data is standard, with some points going back ten years.
- Reports can be exported in CSV format, allowing access to large datasets (up to 50K rows).
Concert Data Tracking
- Concert data includes venue sizes and festival information; sourced from multiple platforms like Ticket Master and Spotify.
- A new concert view will soon provide comprehensive listings from various providers.
Future Developments and Custom Metrics
- Plans to include TV station tracking are underway but not yet implemented.
- Creating custom metrics within the dashboard isn't possible yet; however, an API allows automated reporting.
Radio Station Tracking Capabilities
- College stations in France and Europe are tracked extensively; over 2,300 radios globally are included.
Understanding Data Tracking for Emerging Artists
Key Insights on Artist Growth
- For artists with few monthly listeners, focus on audience reports when available.
- Analyze the demographics of first fans to tailor growth strategies effectively.
- Research similar artists in the same niche to identify potential growth opportunities.
Actionable Goals and Tools
- Set actionable goals based on data rather than relying solely on sparse charts.
- Regularly check artist profiles only when significant changes occur; set up alerts for updates.
- Use intercom chat for inquiries about discrepancies in radio play tracking.
Venue Tracking and Concert Insights
- The venue feature is still developing; currently allows filtering by location and capacity.
- Upcoming features will include insights into concert history and ticket pricing.
- Future updates aim to track more sources for concert data, including sold-out statuses.
Prospecting Tools Available
- Discovery tools are being developed to help users find trending artists relationally, not just by numbers.
Overview of Artist Profiling
- Currently, only performing artists with a Spotify profile are considered for talent searches.
- Specific filters can be applied to find artists with at least 1-2% growth in listeners or social media followers.
- Listings can be narrowed down by genre, location, and listener counts, resulting in a targeted scouting list.
Using Filters for Scouting
- Additional criteria include airplay frequency, such as more than 100 but less than 1,000 plays.