Facebook Publishes New Data

info@msoft.af February 2, 2020

Facebook Publishes New Data on How Marketers Can Connect With Concertgoers [Infographic]

With music fans increasingly turning to social media to learn about upcoming band events, Facebook has this week published a new report into how music industry marketers can utilize social platforms to better connect with fans and related audiences.

According to Facebook, live events are becoming a bigger deal over time. Various research reports have suggested that younger audiences, in particular, value experiences over things, and Facebook says that, now, some 57% of internet users would prefer to spend money on a unique experience than a status brand.

And the stats show that live concerts play a key role within this category.

As per Facebook:

“It’s no surprise that music lovers are increasingly gravitating toward concerts. By 2023, live music ticket sales globally will exceed $25 billion, which is an increase of 14% from 2019.”

In order to provide more marketing insight, Facebook commissioned a survey of 586 US adults who’ve purchased a ticket to a concert that they’ve personally attended in the last 12 months. You can read Facebook’s full report here (including region-specific variants), or check out the infographic overview below, which highlights some key trends of note for music marketers.

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