The Marketing Tactics of BTS |
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My final creative thesis for Barrett, The Honors College at Arizona State University. Big thanks to my director Xiaodan Dong and committee member Monika Lisjak for guiding me along this process and being so supportive throughout my research endeavors. They were huge proponents for this project since day one and I couldn't have asked for a better committee!
0:00 - Introduction 0:53 - History of K-Pop 1:46 - What is an Idol? 3:21 - Who are BTS? 6:05 - Market Segmentation 8:51 - Product 11:16 - Promotion 15:54 - Price 23:08 - Place 23:58 - Processes 24:56 - Physical Evidence 26:38 - People 29:56 - Parasocial and Psychological Factors 35:52 - Recommendations 37:37 - Final Words References #ENDviolence with BTS. UNICEF. (n.d.). Retrieved November 28, 2021, from https://www.unicef.org/end-violence/kind-notes BANGTANTV's YouTube Stats (summary profile) - socialblade. Social Blade. (n.d.). Retrieved January 29, 2022, from https://socialblade.com/youtube/user/bangtantv BBC Radio 1. (2018). Bts Exclusive Interview #BTSonBBCR1. YouTube.com. Retrieved October 20, 2021, from https://www.youtube.com/watch?v=oRSVrtKph_k&t=183s. BTS Concert History. BTS Concert & Tour History (Updated for 2022) | Concert Archives. (n.d.). Retrieved February 28, 2022, from https://www.concertarchives.org/bands/bts BTS. Billboard. (n.d.). Retrieved 2022, from https://www.billboard.com/artist/bts/ BTS. Billboard. (n.d.). Retrieved January 28, 2022, from https://www.billboard.com/artist/bts/ Curry, D. (2022, January 11). Music Streaming App Revenue and Usage Statistics (2022). Business of Apps. Retrieved April 6, 2022, from https://www.businessofapps.com/data/music-streaming-market/ Discography: BTS: Bighit Music. Artists. (n.d.). Retrieved November 28, 2021, from https://ibighit.com/bts/eng/discography/ Gifford, S. (2020, June 18). K-pop group BTS breaks online viewership record with $18M in ticket sales. nydailynews.com. Retrieved October 28, 2021, from https://www.nydailynews.com/snyde/ny-bts-breaks-record-20200618-jjuyexe4o5ddbcynj p7xcp2oaa-story.html 26 Grover, C., & Ciocirlea, R. (n.d.). 2020 results. BTS ARMY CENSUS. Retrieved January 28, 2022, from https://www.btsarmycensus.com/2020-results Hameed, A. (2021, October 20). Parasocial relationship – meaning, origin, & examples | dictionary.com. Dictionary.com. Retrieved February 28, 2022, from https://www.dictionary.com/e/tech-science/parasocial-relationship/ Jin, M.-J. (2021, June 23). McDonald's sells 1.2 million BTS Nugget Meals. Korea joongAng Daily. Retrieved January 28, 2022, from https://koreajoongangdaily.joins.com/2021/06/23/business/industry/bts-bts-meal-mcdonal ds/20210623172500624.html Marr, B. (2021, September 21). ABBA's virtual concert, the metaverse and the future of entertainment. Forbes. Retrieved November 28, 2021, from https://www.forbes.com/sites/bernardmarr/2021/09/06/abbas-virtual-concert-the-metavers e-and-the-future-of-entertainment/?sh=3a9e9ed96844 Mohsin, M. (2022, January 21). 10 tiktok statistics you need to know in 2021 [march data]. Oberlo. Retrieved November 28, 2021, from https://www.oberlo.ca/blog/tiktok-statistics Oh, C. Y., & Lee, S. (2021, September 14). South Korean President appoints BTS as special envoys before their visit to the UN. ABC News. Retrieved January 28, 2022, from https://abcnews.go.com/International/south-korean-president-appoints-bts-special-envoys -visit/story?id=80006773 Shadow, W. (2022, January 22). The "BTS Effect" on South Korea's economy, industry and culture. Medium. Retrieved November 28, 2021, from 27 https://shadow-twts.medium.com/the-bts-effect-on-south-koreas-economy-industry-and-c ulture-975e8933da56 Suggitt, C. (2021, May 25). BTS single "butter" breaks five world records across YouTube and Spotify. Guinness World Records. Retrieved January 28, 2022, from https://www.guinnessworldrecords.com/news/2021/5/bts-single-butter-breaks-five-worldrecords-across-youtube-and-spotify-661556 Tirona, C. (2021, October 4). Through the years: BTS and their collaborations with foreign artists. Metro.Style. Retrieved November 28, 2021, from https://metro.style/people/celebrities/bts-collaborators-foreign-artists/31403 Twitter. (n.d.). BTS_official. Twitter. Retrieved January 28, 2022, from https://twitter.com/bts_bighit US BTS ARMY. (2022, March 22). BTS Endorsements and Brand Collaborations . US BTS ARMY. Retrieved January 28, 2022, from https://www.usbtsarmy.com/bts-endorsements When Bts Army from Korea tried to find U.S ARMYs @ Vidcon 2019. (2019). YouTube.com. Retrieved February 20, 2022, from https://www.youtube.com/watch?v=6Ract6vL0LQ. World Health Organization. (2021, November 17). Adolescent mental health. World Health Organization. Retrieved February 28, 2022, from https://www.who.int/news-room/fact-sheets/detail/adolescent-mental-health |