@Todd McPiff @Nigerianwonder
@Nemesis
Porter's generic strategies describe how a company pursues
competitive advantage across its chosen market scope. There are three/four generic strategies, either lower cost,
differentiated, or focus. A company chooses to pursue one of two types of competitive advantage, either via lower costs than its competition or by differentiating itself along dimensions valued by customers to command a higher price. A company also chooses one of two types of scope, either focus (offering its products to selected segments of the market) or industry-wide, offering its product across many market segments. The generic strategy reflects the choices made regarding both the type of competitive advantage and the scope.
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Luxury cars are not the same thing as a streaming service. Luxury cars are a want for rich people who can afford them. Their selling point is differentiation (and exclusivity b/c not everyone can afford them), they don't have to be affordable.
People go into business to make a profit. You can not make a profit if no one wants or needs your product or service. No one will want your product if it's no different than what is already out there or if they don't save more money by using your product (affordability).
Now I will copy and paste some of my post about tidal b/c I don't feel like retyping it.
Exlcusives and free trials don't work. People will sign up to the the exclusive, use that free trial, cancel, and then sign up again when the next exclusive comes out. Why do you think tidal was stealing from people lol. Jayz will eventually (after many more tidal flops/fails) sale it when he isn't too prideful enough to take his L and move on.
Spotify has been out since 2006. These new streaming services (apple, tidal) came out in what, 2015? Everyone who was interested in streaming music is already with spotify or the less popular services. There is nothing different about tidal other than the little "exclusive" videos and songs, but nothing is really exclusive on the internet. Anything can be stolen. They should know this by now that people steal music/music videos, so music/video exclusives would never work. The only thing they have to work with is the concerts, but as I have already stated, people can sign up around the time for free, then cancel and sign up again for the next "exclusive" using different cards and email addresses. Tidal is not cheaper than the others and it does basically the same thing or less. It has nothing to set it apart from the other services. If people switch over they will have to give up their playlists or whatever that they've had for years now. They have no reason to switch over.
Apple has stuff to work with though since they have iphones and itunes. They have a much better chance if they can use iphones/itunes somehow to help their streaming services.
Comparison of on-demand streaming music services - Wikipedia, the free encyclopedia
I will also add that Spotify was never the only streaming service (look at the chart in thewiki link of all of the other streaming services that have been around that you've never even heard of). It was just the most popular one. The only one who was able to make a name for itself out of the many others that got started around the same time it did. Apple and tidal are newer. Apple is the only one that has a chance since it has iphones and itunes that it can use and people love the apple brand so much. Tidal has nothing nothing different to offer (that can't be stolen) and it isn't the most affordable. People also do not want to swith over b/c they will lose their spotify playlist that they've had for years (I think I said this already).
You seem to be pretty emotionally involved in this, calling me dumb and everything else. lol It's not my fault you don't understand. & This has nothing to do with "trying to see a black man fail" or being against black people. Jay Z stans love to use that little line. You can continue to believe that though