Services getting cheaper

 Devices which we use for our daily use are cheap than ever before. It is getting cheaper as time passes by. This is applicable to size. It is reduced more than ever. The evolution of these parameters from time to time makes the product more popular and advertisable. Really expensive products advertise very little often. The storage devices of computers of size 1 megabytes are only meant for universities and organizations in the ’80s. But within a few decades of rapid growth, a change took place drastically and enormously. Those devices in the ’80s having a size of a grown man were reduced to a size of a fingernail with 10000 times more than available storage. It got away cheaper. One of the things that the engineers working in the manufacturing of these devices is to reduce their size further and to make it cheaper. Affordable devices are inevitable to rule the market and it is how we measure technological growth. A new innovation in the hands of many makes a huge difference.

  The real challenge now these organizations are confronting is to launch the innovative product at the same price. They are successful to an extend. Now, because of the rapid growth, only a few products sustain for a year long. This is of course what people want. The early adopter mentality made the companies innovate further. We choose no to go towards dead innovation. Besides the market competition led the corporations to nuts. Some of them take great care of the novel ones thereby completely avoiding the old ones. No updates and fewer services on one-year expired products make people switch. That’s a trick and they are positive about the response.

It can be articulated as having benefits to both the companies and consumers. The only problem that is observed is manipulation, which we discussed many times