MoviePass, a subscription-based service originally designed to allow subscribers to view unlimited movies in theaters nationwide for a single monthly rate of $9.95, sounds too good to be true. Maybe it is?
August 17, 2018Ever had an electronic piece of equipment that was awesome – until it broke? When electronics or appliances fail, most repairs must be carried out by a repair shop that has been authorized by the original equipment manufacturer (OEM), usually using OEM parts – otherwise, any warranty attached to the product will be voided. Because most customers want to preserve their warranty, OEMs possess considerable insulation from threats of competition in both the service and replacement parts markets.
July 18, 2018People love amusement parks. They’re a fun experience to share with family and friends. Even so, it’s getting hard for a park to compete with ubiquitous electronic amusements, let alone other parks. They’re having to step up their game and crank the thrills to eleven with regular investment in top-notch attractions. But bankrolling a world-class coaster or expansion isn’t easy, and operators are turning over every couch cushion to find new sources of revenue.
June 1, 2018Fast fashion – the trend toward selling clothing featuring the latest designs to consumers as quickly and cheaply as possible – has long been the driving force in the apparel market. To the annoyance of many consumers, two consequences of this trend have been that clothing has become less durable and less unique.
October 11, 2017US beer demand is forecast to reach 6.6 billion gallons in 2021. Rising disposable personal income levels will stimulate consumer spending on beer. However, over the 2006-2016 period, demand for beer in volume terms fell at an average annual rate of 0.3% as the market matured and beer lost market share to other alcoholic beverages, especially among key demographics including baby boomers and millennials.
August 28, 2017