Pandora streaming SWAT analysis
Instructions
I need to write a one page summary of Pandora the streaming app weaknesses. Only write about the weaknesses ive attached some info down to work from. Weaknesses - Only available in the US, New Zealand, and Australia - No family plan included for multiple users sharing the same account - Small library compared to competitors in terms of how many artists feature- To heavily dependent on ad revenue with no clear way of getting customers to sign up - No free trial to use the pandora premium so users inherently stick to free usage - Artists get lower royalties from pandora compared to other platforms
Answer
Weaknesses of Pandora StreamingOne of the weaknesses of Pandora is its limited global market. The company operates in only three nations including the United States of America, Australia, and New Zealand. Another weakness is that the application does not have a family plan for cases of multiple users who share accounts (Supan,2019). This weakness limits the market size and the number of possible viewers. It is difficult for the company to maintain its customers, especially where families are involved. The streaming has a significantly small library in comparison to the competition in the industry. The number of artists who have their work included in the library is smaller than the number of artists in competing platforms (Supan,2019). The company finds it challenging to offer competitive...
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