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Swot analysis
1. Swot Analysis.
Strengths;
Supportsstreaming.
Will be a more affordableoption.
Could play to the weaknessesof its opposition products. For
examplebattery life is a common complaintaboutApple
products, and so ensuringour MP3 has a very good one will be
good.
Weaknesses;
The productisgoing against some very tough, well-established
opposition.
Many peopleprefer iTunesto Spotify.
Some propelmay not have Wi-Fi or access to the internet.
Opportunities;
If set at the correct price and targeting the correct audienceit
could be a real challenger to Apple.
A partnership with Spotify could be usefulfor usand
promotion from them will increase sales.
Could havealbums or songs that can only be streamed, or can
be streamed early, through our device.
Threats;
Apple
The revivalof vinylhappeningcurrently.
With this revivalCDsmay also become morepopular
Spotify’ssuccess will directly affect ours.