Brands get into playlists with specially curated songs for their consumers
Trend - The nature of playlists are simple – they're custom to the specific interest of the listener. And while people all over the world are creating their own tracks, brands are stepping in to create highly curated lists themselves.
Insight - The unprecedented availability of music and incredible quality of the platforms consumers have to experience music has led to many putting a premium on the curation of the vast amount of content available. This desire is being driven not only by consumers being accustomed to convenience, but by their need for personalized content as well.
Insight - The unprecedented availability of music and incredible quality of the platforms consumers have to experience music has led to many putting a premium on the curation of the vast amount of content available. This desire is being driven not only by consumers being accustomed to convenience, but by their need for personalized content as well.
Workshop Question - In what way can you connect with your consumer on a deeper, emotional level? What element of their lifestyle could you tap?
Trend Themes
1. Branded Playlists - Brands are curating highly personalized playlists for their customers using music streaming platforms such as Spotify.
2. Consumer Assistance Playlists - Streaming platforms like Spotify are organizing playlists that specifically address mundane everyday needs, offering an untapped niche for advertisers.
3. Branded Gen Z-targeted Playlists - With increasing competition in the music streaming industry, music platforms are launching new Gen Z-targeted playlists as a strategy to retain and grow their customer base among a younger audience.
Industry Implications
1. Music Streaming Platforms - Music streaming platforms such as Spotify are partnering with brands to activate advertisements through customized brand playlists, offering significant revenue growth opportunities.
2. Fashion - Fashion brands are collaborating with music streaming platforms to release limited edition collections, as well as customized playlists, to attract younger audiences.
3. Beauty and Wellness - Beauty and wellness brands are creating home spa kits with accompanying curated music playlists for a complete sensory experience.
