Post on 19-Aug-2015
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ADP Digital Dealer Solutions – Social Marketing & Reputation Management
Social Marketing & Reputation
ManagementA Managed Solution from
ADP Digital Advertising
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ADP Digital Dealer Solutions – Social Marketing & Reputation Management
Social Marketing & Reputation Management
1. Why should I consider it? Value Proposition
2. What is it? Solution Components
3. How does it work? Tactical Delivery Points
4. What does it cost? Components and Costs
Introducing a Dealer Solution from the ADP Digital Marketing team that provides the services and technology needed to grow a dealership’s overall volume of business opportunities by tapping into the power of Social Networks and online Reputation Management... This presentation will outline the following:
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Dealers currently see the Social and UGC
Online Landscape as a bewildering array of
brands and sites!
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1. It’s as Easy as ADP to leverage the overwhelming growth in consumer use of Social Networks and User Generated Content (UGC) sites.
2. Develop your Social Marketing and Reputation Management Strategy utilizing “Positive Word of Mouth” amplified with the power of the Internet to enhance your good reputation.
3. Create top of mind awareness and elevate your dealership’s brand in a more cost effective manner than either CRM or advertising alone.
4. Tap into consumer adoption of Social Networking and User Content Creation by creating your own online community of customers, employees and suppliers.
5. Update your community daily with high quality content such as Videos, Photos, the Latest Reviews, Road Tests, Interviews, Articles and content supplied by OEM, enthusiast publications and your customers!
Dealer Value Propositions
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6. ADP will build your dealership sponsored online community using the most powerful social networking platform technology available to make it easy, fun and rewarding for your customers to participate.
7. Using a combination of OEM and enthusiast publication content , ADP will incorporate highly desirable content which is automatically updated daily to create an engaging and rich experience for people in your local market area.
8. ADP Social Marketers will publish blogs, forum discussions, photos and videos that will stimulate your community members to respond and create their own content, triggering others to join in!
9. ADP will build and deploy a comprehensive content distribution strategy that uses Really Simple Syndication (RSS) and embedded HTML code (Widgets) built into your dealership sponsored community to push content and member activities out to the most popular sites on the web, such as:
Dealer Value Propositions
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Your dealership will achieve a highly positive presence within today’s most popular sites where customers spend hours and hours of their online time. Your dealership sponsored content syndication will grab people’s attention and pull them into your online community. ADP will use your online community’s syndication power to connect your dealership to the millions of people using sites such as:
Social & Pro Networks
UGC Sites Video & Photo
SMS & Favorites
Reputation
Facebook Blogger YouTube Twitter DealerRater
MySpace TypePad Flickr Digg Edmunds
LinkedIn Wordpress Vimeo Delicious Yelp
Dealer Value Propositions
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Why use ADP Digital Solutions?
1. ADP has a staff of Social Marketing Analysts who stay on top of which sites are the most effective. We know where to get the best content to keep your online community and syndication fresh and relevant to your customers
2. ADP uses DMS, Lead Management and CRM data to invite customers to your community, an important part of creating high quality sales opportunities
3. ADP has access to OEM and independent sourced data feeds that leverage information, photo and video content to update your online community daily
4. ADP knows how to take advantage of powerful social network platforms as an online magnet to pull in and engage car shoppers, along with your current sales and service customers with your involvement and participation
5. ADP is the only dealership supplier that knows how to guide your community towards reaching critical mass needed to achieve the Web 2.0 alchemy that drives dealership opportunities to do business
Social Marketing & Reputation Management
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1. Social Networks2. Professional Networks3. Video Hosting Sites4. Photo Hosting Sites5. DIY Publishing (Blogs)6. Consumer Reviews & Ratings7. SMS, Status & Bookmarking 8. Social Network Platform Tools
Social Marketing/Reputation Management StrategyADP Organizes into Solution Component Categories
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SM/RM Solution Components by CategorySocial &
Professional Networks
(Groups)
Article &
Content Publishing
Blogs(microsites)
UGC
Video & Photo Servers
(Video-Photo SEO)
Consumer Reviews &
User
Rating Site
s
Social Book
marking &
SMS
Sites
www.SandersonCommunity.comDealer Sponsored Online Community
DigitalRalph says:
“Use a network of Web 2.0 sites connected to your online community as a social marketing strategy”
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DigitalRalph says:
“Use your network of connected Web 2.0 sites for push-pull syndication of OEM supplied and User Generated Content assets. Leverage your car company’s daily updates and get your customers to create content that provides most of the updating work needed to keep your site relevant!”
ADP connects and manages components to deliver turn-key Social Marketing/Reputation Management …
Social Marketing & RMComponent Integration = Value
Dealership Community.com
MySpace
WordPress
YouTube
Flickr
Photobucket
Blogger
DealerRater
Edmunds
Kudzu
Digg
Del.cio.us
Technorati
ADP SM/RM Solution Component Deployment Example
www.Ford-Community.comDealer Sponsored Online Community
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Social Marketing & Reputation Management Value Added ADP Solution Components
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SOCIAL MARKETING SOLUTION COMPONENT COSTS AS SHOWN
1. Automotive Community Ning Premium services bundle - $195 a month 2. DealerRater Certification and Advertising- $295 a month 3. Network Solutions Domains & DNS Hosting (5) $35 a month4. Facebook - $500 a month for business profile account and PPC advertising5. MySpace - $500 a month for profile, blog and CPM advertising6. YouTube - $500 a month for Dealer Channel and CPM advertising7. Flickr - $25 a month (premium business package)8. Video Syndication Service - $295 a month9. BMI commercial music fair use licensing - $35 a month 10.Rebate and Incentives iFrame web service - $50 a month11. Member Rewards Program plug in app - $50 a month12. Google Analytics (Premium) in community site - $25 a month Supplier List above = $2,505 monthly “Subscription & Advertising Costs”, plus additional ADP resource costs of providing :
• 32 Hours Initial Setup Labor (4 days of Social Marketing Analyst)• 16 hours monthly maintenance (4 hours/week ADP analyst )• 4 hours monthly report creation, metrics review and analysis• 1 hour monthly conference call w/dealer to review results/reports
Dealer Cost : $4,995 a month @ 12 month term...
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Dealership Communities
DealershipCommunity
SocialNetwork
Your Dealership Community “Social Network” site is the hub of your Hub-and-Spoke Social Marketing and Reputation Management Strategy
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www.Ford-Community.comDealer Sponsored Online Community
Created and Managed by ADP & Dealer
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www.Ford-Community.com/video Dealer Sponsored Online Community
Created and Managed by ADP & Dealer
be replaced by ADP
Ad Network Space
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www.Ford-Community.com/photo Dealer Sponsored Online Community
Created and Managed by ADP & Dealer
be replaced by ADP
Ad Network Space
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www.Ford-Community.com/members Dealer Sponsored Online Community
Created and Managed by ADP & Dealer
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www.SandersonCommunity.com Dealer Sponsored Online Community
Created and Managed by ADP & Dealer
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www.SandersonCommunity.com Dealer Sponsored Online Community
Created and Managed by ADP & Dealer
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www.MyJeepCommunity.com Dealer Sponsored Online Community
Created and Managed by ADP & Dealer
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www.MyJeepCommunity.com Dealer Sponsored Online Community
Created and Managed by ADP & Dealer
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www.MyJeepCommunity.com Dealer Sponsored Online Community
Created and Managed by ADP & Dealer
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www.Boston-Honda.com Honda Owners/Employees/OEM Community
Created and Managed by ADP
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www.Boston-Honda.com Honda Owners/Employees/OEM Community
Created and Managed by ADP
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www.San-Tan-Ford.com Ford Owners/Employees/OEM Community Created by ADP
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www.San-Tan-Ford.com Ford Owners/Employees/OEM Community Created by ADP
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www.FordCommunity.com
Ford Owners/Employees/OEM Community Created by ADP
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www.FordCommunity.com/profiles/members/ Ford Owners/Employees/OEM Community Created by ADP
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www.FordCommunity.com/video Ford Owners/Employees/OEM Community Created by ADP
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ADP Digital Dealer Solutions – Social Marketing & Reputation Management ww
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ADP’s Social Marketing and Reputation Management Solutions focus on obtaining and serving up highly desirable relevant content.
1. Consumer members of Dealership Community• Customer Contests and Incentives (UCN example)• Advertise syndication brands to attract consumers
2. RSS Feeds from OEM’s and Enthusiast sites• ADP library of feeds catalogued by brand
3. Video & Photo Feeds from multiple sources• ADP library of Media feeds by brand
4. Widgets/Gadgets from multiple sources• DealerRater.com reseller agreement• Embed selected dealer website content (inventory, specials, etc.)• Over 100 Widget Apps available from platform provider
5. Dealership Employees• Fixed Operations• Civic Activities, Fund Raisers, Local Sponsorships,
6. Suppliers• Every supplier required to have a profile within community
7. OEM associates - Car Companies are HIGHLY supportive
Content Drives Traffic and Customer Engagement
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Customized Content Feeds deliver higher levels of automated content
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www.dealerrater.com/login.aspx
During ADP Dealer Community Pilots, we worked with multiple Consumer Rating UGC sites… DealerRater.com has provided the filtered feeds, Google Reviews rankings, and supporting code needed to empower Dealership Communities.
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DigitalRalph says:
“ADP uses DealerRater Data integration embedded into dealer community to automatically pull in all positive reviews posted by consumers on DealerRater.com”
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Included within ADP’s SM/RM Solution Delivery is the posting of positive news stories, letters, accolades and awards that each dealer receives and supplies to their ADP DA Analyst…
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Let’s walk through an example of using the predetermined number of HTML code blocks and Syndication feeds to confiure an element of a dealer’s ADP managed community…
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Here, we are selecting a Ford OEM supplied graphic as the header image to display above the Ford OEM supplied content which is updated daily… Automatically, without effort.
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We will use the Community site platform tooks to configure the image HTML code to create a pop-up page when selected….
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Replace HREF
After the Community Site Platform generates the HTML code we will replace the string indicating the full size image with the URL of the Ford OEM asset we want to frame in….
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Copy Targeted Content URL
We copy the Ford OEM URL for the “Ford on TV and Film” Social Marketing Snippet….
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Paste Targeted Content URL
We then paste the URL in place of the full size image code from the platform image rendering app to generate a pop-up framed in version of the OEM asset….
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Dealer Community Site looking GREAT… Content Updated Daily!
During production, the various syndication codes can be standardized by OEM to streamline both Dealer Community launch and ongoing maintenance….
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http://ford.digitalsnippets.comOEM Support by creating easily accessible syndication assets!
SMPR is Ford’s Acronym for “Social Media Press Release”
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Ford Pilots were based on ADP selected site platform that has application level integration with Flickr… Ford provides API access so that Consumers can access high resolution glamour photos from within Ford Lincoln Mercury dealer communities.
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ADP Social Marketing Dealer Solutions will have a daily API updated supply of gorgeous high resolution, commercial quality (expensive) photography that consumers get access to via their membership in our Ford Lincoln Mercury dealer communities.
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ADP Social Marketing Dealer Solutions will use API based embedded applications to provide member exclusive advance access to images of future models which have not yet been released to the public or press by Ford!
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Consumer Members of Ford Lincoln Mercury Dealer Communities supplied by ADP will be able to “push” their Ford API based embedded slideshows and videos to their Facebook, MySpace, Twitter, Blogger, Wordpress, etc. member profiles and friend pages… Ford will use separate apps for what is exclusive and what can be shared outside the dealer’s community.
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ADP Supplied Dealer Communities can control whether members can distribute content or not, by widget settings and membership status…
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on SandersonCommunity.com
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“In today’s social media dominated world, online consumer generated
content, such as reviews and ratings, is prevailing as a key
influence in shoppers’ decision to ultimately purchase a vehicle or
use service. This trend can be recognized by the increase in
popularity of Web sites built onbusiness models providing just
this type of information. A positive consequence of such review sites is that
dealers now work harder to avoid getting low scores and more effort is put into satisfying customers.“
Alin Sturek J. D. Power and Associates
Does it work… does this solution influence car buyers?
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It’s fairly easy to see that in the Social Networking space, the three
dominant sites are a minimum Requirement for a dealer’s social marketing Strategy. ADP uses
dealership business profile pages and accounts on the 3 biggest as syndication points to drive traffic into dealership
communities and engagement to content applications.
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Why Bother with a Dealer Community Based SM/RM Strategy?
Web 2.0 and UGC is fundamentally altering how customers interact with the Internet, and how businesses reach them.
• In 2007, Consumer Generated Content sites attracted 69 million users in the US.
• In 2008, Consumer Generated Content generated $1 billion in advertising revenue.
• In 2009, Consumer Generated Content sites are on track to attract 101 million users in the U.S. and earn $3 billion in advertising revenue.
Overcome the obstacles preventing dealers from utilizing this dynamic medium, and the revenue potential is great. However, we already know that dealers need a solution which is more effective than display advertising alone.
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Edmunds.com - first Automotive Community & Review site
Edmunds follows a product review model for automobiles. Meanwhile, a separate link takes readers to its “community areas,” where users share their automotive ownership and purchasing experiences. Edmunds has maintained this online community since 1996, and it is moderated. All content posted to the site is reviewed by Edmunds’ staff within 24 hours, and offending material is immediately removed.
Is it time for dealers tocreate online communities for employees and customers?
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ADP could use Edmunds.com as an alternative to DealerRater for Reputation Management consumer content generation… But, Edmunds will not cooperate with filtered data feeds!
According to a recent CapGemini study, 29% of car buyers use consumer-to-consumer (C2C) sites such as blogs, Edmunds or Internet discussion groups when researching information during the vehicle shopping process, up from 21% in 2006.
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According to Ralph Paglia, a respected automotive digital marketing consultant: “Dealers benefit from the cost-effectiveness ADP provides by leveraging a steady stream of OEM, enthusiast publication, employee and customer updated content that is practically free.”
Ralph Paglia continues, “Notably, most dealers using the ADP Social Media Solution stand out as a more traditional business seeking to innovate and keep up with information sources that their customers have adopted… This is an especially valuable perception of a dealer by more affluent tech-savvy car buyers.“
Paglia also likes to point out; “The ADP managed solution helps Dealers syndicate OEM and their own video offerings that drive increased traffic to their commercial sites as car buyers seek video content to complement other information gathered while shopping for new and used cars.”
USER-GENERATED CONTENT DRIVES HALF OF U.S. TOP 10 FASTEST GROWING WEB BRANDS, ACCORDING TO NIELSEN//NETRATINGS…
Why Implement a Social Media Strategy?
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Dealership Reputation Management
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ADP Social Marketing/Reputation Management strategy uses DealerRater.com as the preferred Customer Review content supplier and partner
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• Certification Seal - Official Certification Seal to display ALL your dealership websites • Seal is displayed on your DR review page • Certification Seals link to your review page • Monitor reviews via email alerts • 2 week reconciliation period to work with customers who have issues with dealership. • Lets potential buyers know you're serious about customer service • Blacklisted dealerships are not eligible
DealerRater.com Certification BenefitsBuild Your Online Reputation, Get Certified!
ADP Reputation Management:DealerRater.com Filtered Review Integration
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ADP Reputation Management Solution: DealerRater.com positive review generation
• Customer Rating Cards Rating cards to hand out to your raving fan customers • Easy way to increase your rating • Helpful reminder for your best customers to post a review• Good for both sales and service department consumer reviews
• Use the back side to promote sales & service specials• Works pre sale AND post sale • Direct community members to your good ratings • ADP assigns a URL: www.RateABCMotors.com • Dealer Community topic for Forums and Blogs
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• Dealer Directory Certification Icon Certification icon displays next to listing • Lets buyers know immediately of your status • Attracts more clicks
• Free Vehicle Leads Receive and track vehicle leads • Optional - receive leads from distant buyers • Optional - receive leads for competing makes
• Free Classified Ads Unlimited Listings – New & Used Inventory • Up to 36 photos per car • Inventory data via DMS or 3rd party provider • Ad runs until car is sold
ADP Reputation Management Solution: Additional DealerRater.com features for dealers
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DealerRater Certification costs are included in the ADP Social Marketing & Reputation Management solution fees
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SEO for Community Platform: www.ADMPC.com
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Reply by Ted Frazier 5 hours ago Send Message
“Every now and then I google myself for fun to see what comes up. I did this just the other day I noticed my ADM profile page was #1, and I haven't even tried to SEO my profile. Now that I see I can get google's attention here I think I'll start using it to build content on other key words and point to my other sites.”
Has the AutoDigitalMarketing.com Experiment in Social/Professional Networking been successful?
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When it came time to select a platform for creating ADP dealership communities, the ADM experience…
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When it came time to select a platform for creating dealership communities, the ADM experience…
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Finding and Harvesting Automated Content Feeds for Dealer
Community Sites
An experiment in testing the effectiveness of an online community in collecting information…
ADM asked the user community to find and submit syndicated OEM content feeds that could be used in building dealership sponsored online automotive communities…
How Does It Work?
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Example of an ADP Dealer Community Content Syndication Push as part of a Social Media Marketing Strategy
An experiment in “speed to market” and capability validation using the recent 6th Digital Dealer Conference in Las Vegas as the source of content…
How Does It Work?
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Using the ADP community platform supplier, created Flash photo slide show taken at ADM Reception sponsored by ADP… selected “share” to push Flash object and content into Facebook…
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Facebook application opens per Community platform trigger, automatically populates object tile and pulls over description, tags, title… I enter a comment and select “Post” to insert into my Facebook Profile Wall for 2,000 of my best Facebook friends to see and use.
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Total time = 02:48 (not inlcuding photo
upload time)
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Back in Facebook, the Community platform hosted photo slide show
stands tall and proud within my Wall.
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http://HondaGallery.ning.com
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American Honda was so intrigued by the Branded Community concept, they sponsored the creation of the Boston Honda Community located at http://HondaGallery.ning.com an ADP dealer, the VP of Marketing was more interested in finding a way to tap into Social Networks and Web 2.o than hearing about any other new ADP solutions…
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ADP created Boston Honda Community at American Honda’s request to demonstrate the use of popular social network site capabilities to tie into a dealership community platform… Here you see the Facebook “Group” site titled “Boston Hnda Community”… Content from the ADP created Boston Honda Community platform outside of Facebook is fed into the Facebook Group, and linked back into the ADP built community. This content feed updates every 15 minutes with new activity within the community platform. 61 new members joined the Facebook Group extension of Boston Honda Community in the first week.
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Looks like I have a lot of relatives in the Boston area…
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Ralph PagliaADP Digital Marketing Solutionswww.ADPdigitaladvertising.com ralph_paglia@adp.comCell: 505-301-6369 www.DigitalRalph.com
Presentation available at: AutoDigitalMarketing.com1. Join ADM2. Go to “ADM Forum” 3. Use Search: “Presentation File Exchange”
Attendees will receive free access to online resources they can use to gain competitive advantage in their local markets. RSS Feed Resources:
www.MySpaceAutomotive.com
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Web 2.0 Site Rankings
The next few slides show the relative ranking of the top 25 Web 2.0 category consumer and professional sites based on an index of several independant reporting services…
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Top 25 Web 2.0/UGC Sites
Shown below are the 3 Most Popular User Generated Content (UGC) Websites ranked by a combination of Inbound Links, Google Page Rank, Alexa Rank, and U.S. traffic data from Compete and Quantcast.
1 | Facebook.com 92,285,806 - Inbound Links | 68,285,849 -
Compete Monthly Visitors | 53,000,000 - Quantcast Monthly Visitors | 6 - Alexa Ranking. | Page Rank: 8 eBusiness News | Top 25 Web 2.0 Sites |
2 | Wikipedia.org 75,539,411 - Inbound Links | 41,422,790 -
Compete Monthly Visitors | 43,000,000 - Quantcast Monthly Visitors | 9 - Alexa Ranking. | Page Rank: 8 eBusiness News | Top 25 Web 2.0 Sites |
3 | YouTube.com 52,375,050 - Inbound Links | 23,825,526 -
Compete Monthly Visitors | 32,000,000 - Quantcast Monthly Visitors | 4 - Alexa Ranking. | Page Rank: 8 eBusiness News | Top 25 Web 2.0 Sites |
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4th to 7th Most Popular Web 2.0 Sites
4 | MySpace.com 18,261,829 - Inbound Links | 22,541,770 - Compete
Monthly Visitors | 25,000,000 - Quantcast Monthly Visitors | 12 - Alexa Ranking. | Page Rank: 8 eBusiness News | Top 25 Web 2.0
5 | photobucket.com 144,789,477 - Inbound Links | 25,548,801 -
Compete Monthly Visitors | 14,000,000 - Quantcast Monthly Visitors | 40 - Alexa Ranking. | Page Rank: 8 eBusiness News | Top 25 Web 2.0
6 | craigslist.org 2,218,413 - Inbound Links | 23,982,542 - Compete
Monthly Visitors | 15,000,000 - Quantcast Monthly Visitors | 46 - Alexa Ranking. | Page Rank: 8 eBusiness News | Top 25 Web 2.0 Sites
7 | flickr.com 51,779,871 - Inbound Links | 23,643,614 - Compete
Monthly Visitors | 9,700,000 - Quantcast Monthly Visitors | 36 - Alexa Ranking. | Page Rank: 8 eBusiness News | Top 25 Web 2.0 Sites
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8th to 12th Most Popular Web 2.0 Sites
8 | IMDB.com 22,521,797 - Inbound Links | 17,703,766 - Compete
Monthly Visitors | 11,000,000 - Quantcast Monthly Visitors | 32 - Alexa Ranking. | Page Rank: 8 eBusiness News | Top 25 Web 2.0
9 | digg.com 118,353,522 - Inbound Links | 16,964,445 - Compete
Monthly Visitors | 8,700,000 - Quantcast Monthly Visitors | 104 - Alexa Ranking. | Page Rank: 8eBusiness News | Top 25 Web 2.0
10 | WordPress.com 40,127,598 - Inbound Links | 6,373,166 -
Compete Monthly Visitors | 16,040,392 - Quantcast Monthly Visitors | 79 - Alexa Ranking. | Page Rank: 8 eBusiness News | Top 25 Web 2.0
11 | topix.com 12,338,857 - Inbound Links | 4,496,803 - Compete
Monthly Visitors | NA - Quantcast Monthly Visitors | 1,583 - Alexa Ranking. | Page Rank: 6 eBusiness News | Top 25 Web 2.0 Sites |
12 | Netscape.com 21,622,171 - Inbound Links | 4,855,232 -
Compete Monthly Visitors | 8,282,805 - Quantcast Monthly Visitors | 555 - Alexa Ranking. | Page Rank: 9 eBusiness News |
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13th to 17th Most Popular Web 2.0 Sites | August 2008
13 | xanga.com 8,229,423 - Inbound Links | 3,494,603 - Compete Monthly
Visitors | 6,627,359 - Quantcast Monthly Visitors | 91 - Alexa Ranking. | Page Rank: 7 eBusiness News | Top 25 Web 2.0
14 | TypePad.com 39,468,446 - Inbound Links | 6,431,095 - Compete
Monthly Visitors | 4,400,000 - Quantcast Monthly Visitors | 190 - Alexa Ranking. | Page Rank: 8 eBusiness News | Top 25 Web 2.0
15 | cafepress.com 39,894,526 - Inbound Links | 3,423,757 - Compete
Monthly Visitors | 3,400,000 - Quantcast Monthly Visitors | 824 - Alexa Ranking. | Page Rank: 8 eBusiness News | Top 25 Web 2.0
16 | feedburner.com 100,244,672 - Inbound Links | 5,478,321 - Compete
Monthly Visitors | 592,976 - Quantcast Monthly Visitors | 323 - Alexa Ranking. | Page Rank: 8 eBusiness News | Top 25 Web 2.0
17 | LiveJournal.com 33,451,748 - Inbound Links | 3,660,684 - Compete
Monthly Visitors | 1,900,000 - Quantcast Monthly Visitors | 63 - Alexa Ranking. | Page Rank: 8 eBusiness News | Top 25 Web 2.0
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18th to 22nd Most Popular Web 2.0 Sites | August 2008
18 | Technorati.com 75,264,240 - Inbound Links | 3,231,709 - Compete
Monthly Visitors | 1,400,000 - Quantcast Monthly Visitors | 216 - Alexa Ranking. | Page Rank: 8 eBusiness News |
19 | linkedin.com 2,850,378 - Inbound Links | 2,390,529 - Compete
Monthly Visitors | 1,300,000 - Quantcast Monthly Visitors | 151 - Alexa Ranking. | Page Rank: 7 eBusiness News |
20 | del.icio.us 171,905,738 - Inbound Links | 1,699,128 - Compete
Monthly Visitors | 1,300,000 - Quantcast Monthly Visitors | 248 - Alexa Ranking. | Page Rank: 8 eBusiness News |
21 | dailymotion.com 3,376,702 - Inbound Links | 1,962,777 - Compete
Monthly Visitors | 853,305 - Quantcast Monthly Visitors | 51 - Alexa Ranking. | Page Rank: 7 eBusiness News |
22 | friendster.com 3,275,127 - Inbound Links | 1,521,905 - Compete
Monthly Visitors | 808,926 - Quantcast Monthly Visitors | 19 - Alexa Ranking. | Page Rank: 7 eBusiness News |
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Dealer Community Music-for-Members Licensing through BMI
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4. LICENSE FEES: A. In consideration of the license granted in this Agreement, you will calculate and pay License Fees to BMI using either of the following License Fee Calculations at your option: i. Gross Revenue Calculation: License Fee = Gross Revenue x 1.75%
ii. Music Revenue Calculation: License Fee = the greater of (a) Music Revenue x 2.5%; and (b) (Music Page Impressions / 1,000) x $0.12 B. License Fees are due when you file your Statement(s) of Account. 5. ANNUAL MINIMUM LICENSE FEE: A. An Annual Minimum License Fee is due upon signing the Agreement, and by January 30 (for customers filing annual Statements of Account) or April 30 (for customers filing quarterly Statements of Account) of each calendar year (or any part of a calendar year) of the Term thereafter. Annual Minimum License Fees paid for a calendar year of the Term are credited against any License Fees you may owe for that year. In the event that BMI does not receive the Annual Minimum License Fee by January 30 of any calendar year of the Agreement, BMI may, in addition to any other remedies it may have available to it, cancel this Agreement retroactive to the end of the last calendar year for which an Annual Minimum License Fee was received. 10 Music Square East, Nashville, Tennessee 37203-4399 BMI® and Broadcast Music, Inc®. are registered trademarks of Broadcast Music, Inc. - 3 - 10 Music Square East, Nashville, Tennessee 37203-4399 BMI ®
and Broadcast Music, Inc®. are registered trademarks of Broadcast Music, Inc. B. You may prorate the Annual Minimum License Fee due for the initial calendar year of the Agreement based on the number of months (or portion thereof) of the initial calendar year that will be covered under the Agreement (e.g., if the start date of your license is August 20, 2009, the Annual Minimum License Fee for 2009 would be $124.58 to cover the period from August through December 31st, 2009) C. The Annual Minimum License Fee for 2009 is $299.00. For each year of the Agreement after 2009, the Annual Minimum License Fee will be adjusted to reflect the percentage change in the United States Consumer Price Index (All Urban Consumers, All Items) between October of the preceding year and October of the next preceding year, rounded to the nearest dollar amount.
240,000 Annual Community Visits = $288