The Apple iPod changed the way people listen to music but it also created an entirely new industry devoted to accessories such as cases, ear buds, docking stations, and speakers. The Apple iPod is considered a ___.

Question

Business

Chloe

29 June, 21:50

The Apple iPod changed the way people listen to music but it also created an entirely new industry devoted to accessories such as cases, ear buds, docking stations, and speakers. The Apple iPod is considered a ___.

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Answers (1)

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Sumo · Answer 1

The Apple iPod is considered a an early adopter.

Explanation:

The strategy called early adoption is very essential for a business to market its product and make it a successful one. There are also many risks associated with this. The business needs to do lot of research about the requirements and the place where the customers gives more importance and then have innovative ideas in the development of the new product than the competitors.

It must be the first one to introduce the new product. The deficiencies in the existing products can also be resolved with the new products. In the given example, apple ipod changed the way the people listening to music and also introduced the accessories associated with that. Hence, The Apple iPod is considered a an early adopter.