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The Turmoil that Surrounds it
Amrita Prasad4939410Information Management 191
Real Groovy started off.....
.....bright and rosy.....
Sale of CD’s were on the roll..
Turnover was good and the owners were happy
=
However, things have been a little gloomy in recent
times
It’s a tough battle with advancing technology
How?
More Portable music devices...
... leading to increased demand of digital music
A rise in .......
.....in the form of.....
Peer – Peer file sharing Programs
which is a much cheaper way of obtaining music
Thus decreasing the sale of physical music recordings
Then there is
..where bigger firms like The Warehouse tend to dominate the market
by offering lower prices henceobtaining a greater market share
Also, the evolution of online shopping
has led to greater convenience in obtaining music....
All the above factors put pressure on Real Groovy’s business operations
What can Real Groovy do?
1.Keep up with the advancing technology and introduce a new digital
music store
2. Maximise on its strengths
like providing a diverse range of products
These may once again lead to
=
Notes:The pictures in this presentation have been obtained from • www.flickr.com• www.images.google.co.nz
Links to the downloaded images are as follows:•http://images.google.co.nz/imgres?imgurl=http://members.iinet.net.au/
•http://images.google.co.nz/imgres?imgurl=http://everythingelephants.com
•http://images.google.co.nz/imgres?imgurl=http://imgsrv.kcbs.com
• http://images.google.co.nz/imgres?imgurl=http://www.mchenrycountyblog
•http://images.google.co.nz/imgres?imgurl=http://www.salemthesoldier.us
•http://images.google.co.nz/imgres?imgurl=http://www.raymond.cc/images/
•http://images.google.co.nz/imgres?imgurl=http://askbobrankin.com/copyright-pirate.jpg
•http://images.google.co.nz/imgres?imgurl=http://www.rewardsroom.com/images/
•http://images.google.co.nz/imgres?imgurl=http://www.sizzledcore.com
•http://www.flickr.com/photos/dumpsterdives/2348308580/
•http://images.google.co.nz/imgres?imgurl=http://www.bluecross.org.uk/web
•http://images.google.co.nz/imgres?imgurl=http://bp1.blogger.com/
•http://www.flickr.com/search/?w=all&q=strength
•http://www.flickr.com/photos/infrarednz/1431506441/
•http://www.flickr.com/photos/nick_natz/2203158108/
•http://www.flickr.com/photos/nez/1346068786/