iPods, DVDs and China Wine

© Daniel Workman

May 14, 2006

Is the Internet taking over? Do iPods make communication and entertainment completely mobile? Have iTunes completely changed the face of the music industry?


One of the most energizing aspects of researching international trade articles is when we realize that newspapers do not tell the full story. That's up to us.

Take iPods. Sure they get a lot of press. But the fact is that iTunes represent only 7% of music industry sales. Besides iPod users download only one song at a time, and buy albums on CD.

Now look at Internet movies. Do you think that people will download scenes from movies? And with more and more high-definition TVs being sold, will Internet movies replace DVDs?

Traditionally wine has had minimal sales in China, seen as "soda pop" or "fruit juices" by many hard-drinking Chinese who prefer beer and liquor especially in eastern China near Russia. With the growing wealthy class in Chinese cities, is there an opportunity to export top-end wines into China?

Notice how asking the right questions often leads to superior answers. So, do you have any questions?


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