My friend and I both did research papers on consumer behavior and business research on the subject of selling music online. Both of our studies have shown that people indeed are ready to buy music online (in MP3 format) if three criterias are met: music is of high-quality, it is affordably priced and it's legal. So I decided to ask you, the potential consumers, for purpose to getting to an average price for this study:
What price are you willing to pay per song and per album if purchasing music from an online MP3 music store? Assumption: MP3s offered are of highest quality 320 kbps (CD quality).
Appreciate your answers.
What price are you willing to pay per song and per album if purchasing music from an online MP3 music store? Assumption: MP3s offered are of highest quality 320 kbps (CD quality).
Appreciate your answers.