C02: K-Pop - A Global Music Factory Fizzling Out Flashcards

1
Q

What are the innovative characteristics of K-Pop as a business model?

A
  • repetitive and addictive hook or chorus in English
  • tightly choreographed, synchronized dance routine with a distinct, immediately recognizable and imitable signature move
  • emotional attachments to group members
  • focussing on high quality
  • investing also in wardrobe assistants, choreographers, producers, and vocal and dance trainers
  • audition process and marketing heavily dependent on social media
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2
Q

Internationalization of K-Pop

A
  • collaboration with international artists
  • making artists as globally marketable as possible (language, etiquette, media, and fan interaction)
  • heavy reliance on social media
  • granting listeners access to artists through social media
  • communication between fans alike
  • no strong promotion besides that (TV, etc.)
  • acquisition of travel agencies to offer overseas packages
  • building a significant domestic fan base and expanding into Asia, then internationally
  • same concept in different markets
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3
Q

Cross-national cultural differences and barriers for the international expansion of K-Pop?

A
  • mainstream markets are large
  • Anti-Hallyu wave
  • unresolved issues from war
  • unethnical contracts
  • copycats
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4
Q

K-Pop Business Model

A
  • Perfection through years of training
  • Training to get predictable results
  • Large management companies > enormous control of every part of the talent development system
  • Performers learning different languages
  • Development of skills of the performer
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5
Q

K-Pop from the customer’s point of view

A
  • Mix languages to target local audiences
  • Well-developed choreography
  • High quality of perform/video
  • Video with appealing elements of Asian culture
  • “likeable” behavior
  • Rotation of leading performers
  • Group of “members” with different types
  • niche popularity due to language and taste differences
  • repetition that might be boring in the long term → similarity
  • Mix of styles may become lack of uniqueness
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