Most of us assume that people are motivated primarily by self-interest. It’s a logical assumption to make because, after all, most people do care about their job more than they do about yours. They do care about their own kids more than they do yours. None of this is surprising in the least because it’s [...]
Continue reading...Monday, April 26, 2010
One of the biggest misconceptions about pricing is the notion that people base most buying decisions on rational economic calculations. The truth is that they’re based far more on psychology most of the time. There’s several ways to look at this. One is from a value standpoint. Most people would probably rather pay $4.50 for a [...]
Continue reading...Sunday, April 11, 2010
One of the most curious things about the music industry is that despite its rapid digitization, it never really seized control of the marketing/fame aspect of the business from the record labels. That’s the one area where record labels are still somewhat relevant today. Music companies still have a hold on creators of music in [...]
Continue reading...Monday, March 22, 2010
I spent part of last weekend cleaning out my CD collection. By that I mean I threw it in the trash. Some of the albums were somewhat obscure and stuff I’d probably never find in a store. But I threw them all out for the simple reason that I don’t need them anymore. I can [...]
Continue reading...Tuesday, March 16, 2010
One story that got a lot of online buzz this week was the one about a 22 year old Boston rapper named Sam Adams who was accused of buying up his own album to top the iTunes charts. His freshman album Boston’s Boy debuted at number one on iTunes, ahead of DJ Khaled. The fishy [...]
Continue reading...Wednesday, March 10, 2010
Mobile is the future of communication and collaboration. You know it is because of its meteoric rise all over the world. According to Morgan Stanley, 42% of Americans now own a Smartphone. There’s a prominent venture capitalist by the name of Fred Wilson who wrote a brief post on his blog titled The Golden Triangle. He [...]
Continue reading...Thursday, February 25, 2010
A reader commented on an article last week in which he asked how I’m so sure that CDs won’t be the predominant medium for selling music 10 or 25 years from now…or that they won’t make a comeback the way vinyl supposedly has. Vinyl hasn’t made a comeback. I know it hasn’t because record labels [...]
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Monday, May 3, 2010
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