We, at Apple Corporation are about to launch our new iTunes project, which is a software-based online digital media store. Three major target groups that we are aiming at with our product are: people who are willing to listen to music all through the day and who are actively following the latest music releases, people who enjoy listening to music, though do to listen to it on minute-to-minute basis, and people who do not usually listen to music, though take pleasure in listening to their favorite songs from time to time.
The members of the first group, which we would like to call „fonders”, are young people who watch various music channels and tend to follow the music news. This is the most powerful and promising segment of the market, because these people will be for sure interested in our innovative proposition. Our competitors for this group could be Roxio’s Preeplay. This company requires a monthly fee that allows unlimited download and this factor can attract many young customers, for whom price matters. Continue reading