Monday, 28 February 2011
Virtual Revolution
The Virtual Revolution is about making everyone equal and have equal rights so it is all about equality where there is no governments or hierarchies of any kind. Everything is supposed to be free on the Internet however this is not the fact, most stuff is actually sold for amounts of money however there are a lot of pirating sites.
Wednesday, 16 February 2011
Long-tail Theory
The Long-tail Theory is applied to products for example if a really anticipated and long awaited for movie comes out the profit's will be huge for a while, however after time the sales will slowly go down until it reach's a certain point where the sales will deteriorate even slower and this is the long-tail of the theory, shaping a tail. Companies like Amazon and Netflix apply this theory to their sites.
An example of this would be how band's like Journey have had this effect by having their songs played and referenced on T.V and the internet, it is available on the internet a lot more then on the high street. This means that the product is available for a longer period of time which means it will be a lot more profitable into the future for a longer period of time.

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