Since the Coronavirus outbreak, the music industry has taken a major economic hit. But despite the
notable impact on the live music scene, demand for content is still high, and even
likely to increase, as people spend more time indoors. A change in the environment places new demands on us, as people and businesses, to adapt in new ways. Music catalogue owners, for example, can improve their offering through AI innovation – and make it easy for users to find songs that match a specific emotion, mood or context.
Finding things is easier when there’s a way to recognise them. This rings true for every database, whether a physical building housing volumes of books or a digital library compiled of thousands of songs. Thankfully, human beings (resourceful as we are) created taxonomies; classification systems that help keep things organised. A taxonomy is the greatest asset your music catalogue can have (aside from great musical assets, of course).
Using a taxonomy for your content library is like having SEO keywords for your website. Your customers can only find you through Google if your website includes those words relevant to their needs. Similarly, the only way to retrieve a “happy” song from your library is if it’s correctly tagged to match that description.
Setting up an efficient taxonomy that uses the right tags will improve your customer’s search experience – and, ultimately, lead to your business performing better. To learn how to do this, check out our free guide: “How to find the right taxonomy for your music catalogue”.
But where does artificial intelligence feature in this? Simply put, an algorithm reads your taxonomy and produces the search results your customer is looking for. This type of AI innovation is a reliable, long-term improvement to your catalogue that you can implement immediately.
Let’s explore three reasons music catalogues should tap into AI innovation – both now and post-quarantine.