iTunes
by K. V. Rao
When I read this article - it was like déjà vu. A few weeks ago we blogged about the iPhone 3G and how AT&T is using subscriptions to make more money on the new, cheaper iPhone. And now we’re seeing a theme with Apple and subscriptions for our favorite music service.
The writer in the article expounds very eloquently on what we talk about most around here: The case for subscription services. And if I were to bet anything, it seems just a matter of time before this inexorable shift towards subscription services sweeps iTunes under its path...
It’s about not owning a few songs, but access to a virtually unlimited library of songs,
It is about kicking the tires, without getting locked in to a commitment,
It is about exploration - without worrying about having to pay for disappointment,
It is about growth - at a reasonable price,
In other words, it is about the customer.
This week Apple announced a new, improved iPod nano. Now it’s time to announce a new, improved iTunes model with subscriptions at the core.
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One of my favorite subscription services has been www.Audible.com. They have been around for a long time and refined their subscription model over the years, but have made a very profitable business for themselves and a valuable service for their customers.
Good Luck with the new business!
Posted by: Becky Thomas | September 18, 2008 at 12:54 PM