The market size and the consumption habits of different demographics don't change in the same way. Coming from the economics background you should be ashamed of this metodology!
The market size and the consumption habits of different demographics don't change in the same way. Coming from the economics background you should be ashamed of this metodology!
a) It get's the job done for basic pop forums and b) economics SUCKS and I'm glad he's distanced himself from it.
The market size and the consumption habits of different demographics don't change in the same way. Coming from the economics background you should be ashamed of this metodology!
One way to compare relative strength of albums' first-week sales in different eras is to compare their shares of annual album sales. When measured this way, the first-week sales of "Red" could have the most dominant market share of all time.
-- Taylor Swift: "Red" (2012) 0.00038% (estimate)
-- Lady Gaga: "Born This Way" (2011) 0.00034%
-- Taylor Swift: "Speak Now" (2010) 0.00032%
-- 'N Sync: "No Strings Attached" (2000) 0.00031%
-- 'N Sync: "Celebrity" (2001) 0.00025%
The market size and the consumption habits of different demographics don't change in the same way. Coming from the economics background you should be ashamed of this metodology!
It puts Katy's album sales in a bit more positive light, I don't know why you're fighting against this solid methodology.
