Episode Transcript
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This is the Case Studies Great Businessespodcast, and in this episode, we
look at the spectacular success of BigHit Entertainment and the blockbuster band BTS.
Big Hit Entertainment is a small SouthKorean record label that has achieved unprecedented success
with its flagship boy band BTS.In just a few years, BTS has
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become one of the most popular musicgroups in the world, selling millions of
records and touring to sold out stadiums. Big Hits success is a remarkable story
of innovation and perseverance, and itoffers valuable lessons for businesses of all sizes.
History of Big Hit Entertainment. BigHit Entertainment was founded in two thousand
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five by Banksy Hook, a formermusic producer and composer. Bang was determined
to create a record label that wouldfocus on developing and promoting artists with unique
talents and personalities. In twenty thirteen, Big Hit debuted BTS, a seven
member boy band with a hip hopinspired sound. Big HiT's innovative use of
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social media. Big Hit was oneof the first K pop labels to recognize
the potential of social media to connectwith fans around the world. The company
created a strong online presence for BTSthrough platforms such as Twitter, YouTube,
and v live. Big Hit alsoused social media to promote BTS music and
content and to engage with fans directly. Focus on creating high quality content,
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Big Hit has always invested heavily increating high quality music and content for BTS.
The company's music videos are known fortheir stunning visuals and elaborate choreography.
Big Hit also produces a variety ofother content for BTS, such as reality
shows, web dramas, and behindthe scenes videos. Willingness to experiment with
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new ideas, Big Hit has neverbeen afraid to EXPAIRT with new ideas.
For example, the company was oneof the first K pop labels to release
albums in multiple languages. Big Hitalso pioneered the use of live streaming to
connect with fans around the world.Factors contributing to BTS global success. There
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are a number of factors that havecontributed to BTS global success. One factor
is the group's unique sound and style. BTS music is a blend of hip
hop, pop and R and Bwith influences from Korean traditional music. The
group's music is also known for itspositive messages of self love and empowerment.
Another factor in BTS success is thegroup's strong work ethic and dedication to their
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fans. BTS members are known fortheir intense training and preparation for performances.
The group also regularly interacts with fanson social media and through other platforms.
Finally, Big Hit Entertainments in avtivemarketing and promotion strategies have played a major
role in bts' global success. Thecompany has used social media, live streaming,
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and other digital channels to connect withfans around the world. Big Hit
has also invested heavily in producing highquality music and content for BTS. Lessons
for businesses from Big Hit Entertainment success. Big Hit Entertainment success offers a number
of valuable lessons for businesses of allsizes. One lesson is the importance of
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innovation. Big Hit was one ofthe first K pop labels to recognize the
potential of social media and live streamingto connect with fans around the world.
The company has also been willing toexperiment with new ideas, such as releasing
albums in multiple languages. Another lessonfrom Big Hit success is the importance of
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creating high quality content. Big Hitinvests heavily in producing high quality music and
videos for BTS. This content hashelped to attract and retain fans around the
world. Finally, Big Hits successalso demonstrates the importance of focusing on the
customer experience. Big Hit has alwaysput its fans first, and this is
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evident in its marketing and promotion strategies. The company regularly interacts with fans on
social media and through other platforms,and it is constantly looking for new ways
to connect with fans around the world. Conclusion, Big Hit Entertainments success with
BTS is a remarkable story of innovationand perseverance. The company has overcome a
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number of challenges to become one ofthe most successful record labels in the world.
Big Hits success offers a number ofvaluable lessons for businesses of all sizes,
including the importance of innovation, creatinghigh quality content, and focusing on
the customer experience.