When looking at changes in consumer lifestyle in the past decade, the most dramatic feature has been the sharp increase in dependence on technology to acquire information and media. In tandem, the act of course session physical books has declined considerably as information is more chop-chop and easily obtained via any device with Internet connectivity. As lifestyles of the schoolboyish and middle-aged demographic become busier with more people on-the-go and dependent upon abridge technological devices, physical books and bookstores are slowly seemly obsolete. However, a segment still exists that enjoys reading books during leisure time, such as during travel, but carrying around many books at a time can be cumber somewhat and inconvenient.
Value institution Amazon´s call down
Amazon saw the opportunity to tour books and other media from its own collection to consumers in a compact and convenient way, and in 2007, it introduced the Kindle, revolutionizing the very act of reading and open up the first commercially successful e-book reader. The Kindle, perhaps appropriately named for its qualification to re-kindle interest in reading books among the ever-busy and tech-happy young professionals´ society of today, is a salient example of value innovation in retort to changing consumer trends over time.
Kindle´s Sources of Value
The figure infra demonstrates the Kindle´s value curve compared to a traditional hardcover book. The 6 factors examined were accessibility, resilience, convenience, variety, internet connectivity and price.
Accessibility Accessibility of a hardcover book depends on the specific book, as some books are out of print and more difficult to access. The Kindle offers books from the vast Amazon selection of 90,000 e-books, including many books that are presently out of print.
Resilience The traditional book can sound destroyed with time. The Kindle is durable and since it is technology-based there is no fear...If you fate to get a full essay, order it on our website: Orderessay
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