supply and demand

Essay specific features

 

Issue:

Miscellaneous

 

Written by:

Donald Y

 

Date added:

June 13, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 629

 

Was viewed:

1630 times

 

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Essay content:

The Apple iPod Mini is one of those hot products that had limited supply when it first came out with high, high demand. In 2004 Apple came out with a mini version of its popular iPod, a device that stores music that is chosen and loaded by the owner. At the time when the iPod mini was introduced it cost $249, just $50 cheaper than an iPod which had more than triple the storage space...
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At the time when the iPod mini was introduced it cost $249, just $50 cheaper than an iPod which had more than triple the storage space. So why was everyone going so crazy over an device with less storage space and cost almost as much as the original, larger version? Well, Apple got creative with their merchandising of the iPod mini to get the hype and buzz going...
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