Planet Lovetron - Its A New Day Weekly Update for Mr Salsa's Planet Lovetron July 31, 2013 www.reverbnation.com/luischaluisan #1 in Latin Chart for Bowling Green, OH #10 in National Latin Chart USA 28,535 plays 5,731 fans 14,883 band equity BAND EQUITY: ReverbNation has introduced a metric that helps Artists understand their overall 'brand value' and how it is growing across the entire digital realm. This metric takes into account the total engagement of the Artist across their entire base of fans and listeners, as well as their ability to convert casual listeners into "Fans" that can be contacted. What It Measures Reach The number of unique people touched by the Artist's content, which typically lives within social networks, blogs, home pages, etc. This factor includes unique listeners, watchers of video, registered fans, size of their mailing list, etc. It could be described as the total potential fan base, and captures an element of effort on the part of the Artist and their Fans to spread their content and reach more people. Influence The reaction of those people exposed to the content. This factor includes number of songs or videos played per listener, number of unique times the listener was engaged with the content, play-through percentage on songs, total engagement time, email open rates, etc. It could be described as the merit of the Artist's content. Access The ability of the Artist to access those fans directly, and message to them. This factor includes the rate at which listeners/friends convert to registered fans of the Artist or joining their mailing list, giving the Artist the ability to speak to them directly. It could be described as the familiarity the Artist has with their fan base. Recency All of the above factors are weighted by how recently the activities have taken place. Because of this, Band Equity can be used as a way to identify how promotional strategies affect fan relationships in the aggregate, closing the loop on understanding the cause and effect of an Artist's popularity.
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