Marketing Factoids

  • Music sales in the United States will decline to $9.2 billion in 2013, from $10.1 billion this year. source ›
  • Acquiring a new customer costs about five to seven times as much as maintaining a profitable relationship with an existing customer source ›
  • Consumers ages 18 to 27 say they use the Internet nearly 13 hours a week, compared to viewing 10 hours of TV source ›
  • more factoids ›
FEB 2007

Designs are flying off the drawing board†

Financial Times, February 28, 2007 — What once took months now takes weeks. What used to take weeks takes days. The development time needed to bring products - be it computer software, heavy machinery or high fashion clothing - from conception to market is falling rapidly, driven by ever more sophisticated digital technologies.

Category: Innovation
Tag: New Products

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