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Product School - Spotify presentation

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Page 1: Product School - Spotify presentation
Page 2: Product School - Spotify presentation

the market

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According to survey data (54 respondents)…

the market

52 % use music subscription services

77 % actively search for and discover new music

80 % use streaming services to discover music

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• 60 + markets• 100 + million active users• 30 + million paying subscribers

As of today…

marketshare

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marketshare

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but…

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a recent article from Silcon Angle states :

“Spotify revealed in March that it had 30 million paying subscribers, but if today it says its 100 million users with 30 percent on the subscription tier it means that there has been no subscriber growth in the last three months.”….

the competition

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Pandora, TIDAL, Apple Music, and other music services are working hard developing unique partnerships and features to incentivize Spotify members to switch to their services

the competition

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TIDAL -• Promises CD quality streaming• Backed by A-list line-up of artists from all genres

meaning exclusive releases (see Kanye West’s TLOP)Pandora -• Automated playlist based on user feedback and large

sets of metadata to filter through an enormous music library

Apple Music -• Siri integration• Beats 1 24 hour radio station• Connect, connection platform between artists and

users

the competition

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so…what can Spotify do to hold the lead and reignite growth?

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my personal user story

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my user story

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my user story

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a user story

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what could this mean for Spotify?

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Listening Parties

the social music experience for everyone

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Listening Parties

Premium users can host a Listening Party for their next social event

Any user can join and participate in Listening Parties.

Build the playlist, vote on the best, and curate the music together

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democratize the music experience for social events and spaces

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does the market want this?

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According to survey data…

market data

53 % have been in charge of music at social events

60 % built playlists and modified as needed

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53 % said definite yes to more control of music at social events

42 % said yes to more control of music, only when certain songs bug them at social events

validation

42%

53%

5%

According to survey data…

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Yes, the data suggests…

validation

53 % 42 %

95 % want some form of control over music at social events!

95 %

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Who is the market?

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personas

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personas

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personas

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how does Listening Parties work?

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Hosting Listening Parties

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Hosting Listening Parties

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Hosting Listening Parties

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Hosting Listening Parties

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Hosting Listening Parties

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Joining Listening Parties

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Joining Listening Parties

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Joining Listening Parties

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Joining Listening Parties

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Inside Listening Parties

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Inside Listening Parties

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Inside Listening Parties

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Listening Parties can become a whole new channel and mechanism for growth

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Increase in - • new downloads and first time users

• time in app• songs played / day• playlists created / user• artist follows and song saves

the fuel

…increase conversions to paid subscriptions and overall…more eyes on ads!

ULTIMATELY, leading to more revenue $$$

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Listening Parties

the social music experience for everyone