Differences Between Traditional and Digital Retailers
Purely digital online media retailers, such as iTunes, are not faced with the problem of limited physical space, as traditional physical retailers are, and thus are able to house and sell a virtually unlimited number of recordings because of the relatively low cost of database entry and storage. While traditional physical media retailers concentrate on selling the top 10 to 20 percent of sellers in order to maximize the profit-per-inch of shelf space, digital online media retailers are able to make money from selling all titles, whether they are within that top 20 percent or not. This phenomenon is commonly referred to as the Long Tail.
Read more about this topic: Digital Distribution
Famous quotes containing the words differences between, differences and/or traditional:
“The extent to which a parent is able to see a child’s world through that child’s eyes depends very much on the parent’s ability to appreciate the differences between herself and her child and to respect those differences. Your own children need you to accept them for who they are, not who you would like them to be.”
—Lawrence Balter (20th century)
“The extent to which a parent is able to see a child’s world through that child’s eyes depends very much on the parent’s ability to appreciate the differences between herself and her child and to respect those differences. Your own children need you to accept them for who they are, not who you would like them to be.”
—Lawrence Balter (20th century)
“I conceive that the leading characteristic of the nineteenth century has been the rapid growth of the scientific spirit, the consequent application of scientific methods of investigation to all the problems with which the human mind is occupied, and the correlative rejection of traditional beliefs which have proved their incompetence to bear such investigation.”
—Thomas Henry Huxley (1825–95)