Real Groovy Situation Analysis_Nick

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Real Groovy - real groovy - Nick - Information Management 191 Assignment 1, File stored on Q:/ drive works with all the animations

Real Groovy - real groovy - Nick - Information Management 191 Assignment 1, File stored on Q:/ drive works with all the animations

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  • 1.
    • Nikhil Lohar
  • 2.
      • Digital Media
      • Music Markets
      • Music Retailers
  • 3.  
  • 4. … plunge
  • 5. digital media on the Internet
  • 6. Like iTunes and Amazon.com
  • 7. Such as Morpheus and Limewire
  • 8. Offered by companies such as Vodafone
  • 9. Media players, such as: Ipods and Mp3 Players and mobile phones
  • 10. piracy for every music retailer.
  • 11.  
  • 12. Physical Market is in decline Digital/Online Markets rising
  • 13. to have a small market compared to other countries such as … The United States of America
  • 14. Big enough in New Zealand to impact ‘Real Groovy’, yet…
  • 15. before digital media takes dominance in New Zealand as well
  • 16. Liquidate in future.
  • 17. but the demand for the source of music is gradually changing … Digital Music
  • 18.  
  • 19.  
  • 20. Like the fashion of music and the ease of accessibility to music
  • 21. on sales
  • 22. which liquidated due to the move in the music market towards Online Music from Physical copies
  • 23. JB HI-FI The Warehouse Ltd. Have a better chance of survival then ‘Real Groovy’ do if a complete shit of the market does occur, solely due to their larger sizes
  • 24. by the click of a mouse, is affect individual retail industries world-wide
  • 25.  
  • 26. closing their Music section of their retail business to avoid major losses in the future.
  • 27. All context from my Business 191 report. All images gathered from Google’s Image search engine.