1 In terms of degrees of competition how would you describe
1. In terms of degrees of competition, how would you describe the market for internet radio? Do you think that this will change the next 5 years? If so, how?
2. To customize your listening experience, Internet radio services collect data on your listening habits. Are you comfortable wth this use of \"big data\" why or why not.
3. Do you think that apple will be successful in this new venture? Do you think that ut was a wise decision for them to enter the already crowded market?
Solution
1: internet radio has huge trend in the current era and it is expected to be getting higher overy the years because of
Internt radios have multi use like they can be used for entertainment , refreshment and for educational purpose inorder to get the hot news on real time. It helps in getting a feel of updted without distratcing the normal work.
2: Listenting data mostly comprises of plays, news, technology updates, movies, any other art form related interviews etc. Big data is not that comfortable because of the complexity involved in analysing the same. Habbits of listening can be analysed more through prope survey forms and focused interview.
3: Apple will be succesful in new ventur of internet TV because there are lot of fllowers for Apple Music. By understanding the users requirement in the area of entertainment + new value addition Apple can definetely brings out good result from this new venture. They have good technology backup and product grip over the market which they can leverage to laungh and execute it with more promotional strategy.
