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Thursday, February 14, 2013

Assignment 1-Product Assessment

Assignment 1 Product Assessment
Dr. Irene M. Zoppi Rodriguez
Marketing 10004VA016-1126-001
July 28, 2012

Discuss this production or service in terms of its current stone pit market demographics using U.S. Census Data. 
The product I chose was duncish discs or CDs. The sales of CDs has been declining for for a while now and has fell 14.8% from last year. The tar cause market for CD sales is citizenry of all ages including teenagers, young adults, and older mess alike. CDs are recordable devices use for unison, movies, use in computers, and separate recordable data. By 207, 200 billion CDs had been sold worldwide. CDs are still wide used in the computer and technology field. They are an hands-d suffer way to blood and use data when needed as well as a great way to store software teaching.

Determine why you believe the product or service is declining in popularity. Be sure to include information on social, demographic, and ethnic markets; economic and technological factors; political and effectual factors; and competitive factors.
Compact discs are being increasingly replaced by otherwise (and sometimes more compact) forms of storage device.

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The CD is used largely for music; and as the music industry has its own challenges and feats in a recovering economy, it take cares that businesses such as iTunes and other companies that focus on providing music sales and storage without the CD are taking over. CD sales are falling steadily and even music artists have recognized and instated other forms of making revenue off of their music. Business models that provide downloadable music have licenses with recording companies to sell forms, on a song by song basis or as a whole album, depending on how many songs a consumer would like to buy. This shows that people are recognizing the changing economy and adjusting their marketing techniques accordingly. Digital downloads seem to be surely taking over CD sales.
I feel that the reasoning is that the convenience of digital downloads...If you want to get a full essay, order it on our website: Ordercustompaper.com



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