The Media Product Sustainability Observation

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The Media Product Substitutability Observation The unique characteristic the media market possesses is what we called the dual product market. Therefore, to discuss the substitutability of relevant product pairs, the article will choose three conceptual key factors in: content, audience and advertising for observation. 1) Satellite Radio---Terrestrial Radio It is without doubt that the satellite radio, as a new technological product, sharing the similar transmit patterns with radio programing via the open airwaves, cable networks and the like, but offers diversity programing and can be received in a much wider geographical area, which win hearts of young generation and motorists. However, the content provided by satellite radio cannot completely substitute the traditional terrestrial radio system. Satellite radio serves more likely to be national news, sports streaming as well as lots of music channels. In contrast, the terrestrial radio stations are always local and have particular domestic news and immediate traffic report, which are favored upon satellite radio by local people and cannot be replaced in a short term. In terms of customers, the main audiences presently consist of people who drive to work or live a “on the way “life. That’s why many car companies, like Nissan and Infiniti, have been the promoters of satellite radio. Generally, the measurement of audiences of Satellite radio and other broadcast satellite service is based on the number of subscribers it owns, which is incomparable with terrestrial radio especially those in the dense-populated areas. To broaden the target customer herb under a downturn economy, the representative two players Sirius and XM are emerged as SiriusXM in hoping of establish a foothold among consumers used to getting their radio service free, albeit they currently haven’t won as they expected. The reason perhaps

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