NARM & NPD Study Value-Added Physical Product Concepts
The website of the National Association of Recording Merchandisers has a bit of information on an NPD Group study on value-added physical product concepts (a.k.a. what bonus material or incentives motivate a consumer to purchase physical product). To read the full reports you must be a NARM member, but the post offers some information to all visitors.
Consumers across all demographic segments prefer a CD coupon the most.
DVD-based content appealed to about half of physical music buyers.
Bundles won't increase store traffic, but they will increase impulse buying.
Consumers don't expect to pay more for bonus content on a CD.
There's nothing surprising in those bullet points. I hope labels have got over the desire to use bonus content to rationalize their price points. A better strategy: Set a price point that is expected to be effective, then add content to increase impulse buying and lure the fence-sitters.
Anybody have a copy of the entire study? Send me an email.
Music Groups