
For those of you who don't know, I am a big fan of music - any type of music. In fact, I have a blog dedicated to talking about music and the music industry. Well, I just found out that Radiohead's new album, "In Rainbows", will be released via their website. The kicker is, you can pay however much you want to download the album! If you want to pay $1, go right ahead. Are you a devoted fan of Radiohead and want to give them $30 for the album? You could do that too!
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This is where the power of customer loyalty comes into play. If customers value your previous products - in this case, the music - and they're a big fan, I'm sure they would be willing to support you and pay a little more if they have the money.
How much would you be willing to pay for an album from your favorite musical artist?









» Know More Media Review: "In Rainbows," the Voyager, Space Voyages and Fortune's Power 50 from Know More Media
There have been very significant business topics circulating the network this week: announcement of Radiohead’s new album (to drop Wednesday), the Verizon Voyager, Fortune&r...
[Read More]Tracked on: October 5, 2007 5:01 PM | Permalink to Trackback