The other day I was driving in the car with my kids and one of my daughters hears a song on the radio that she liked. She says “Daddy will you get this song for my iPod?” Now she’s not quite ten years old and that got me thinking about what the music listening experience was like when I was ten, that would be 1983. Remember cassette tapes?
The progression of the music experience in just my lifetime has gone from records – cassette tapes – CD’s – MP3’s . The MP3 format seems to be the norm (for now) while the distribution model is whats being innovated.
The point to all of this is that there is a $1 billion dollar industry surrounding the iPod. So what’s the next iPod? What business idea can you develop to help cater to that emerging market?
