Ringtone Market Hits The Jackpot With Teen Cell Phones

The ringtone industry is striking a popular cord with the teenage market. This group, mostly 13 to 24-year-olds, likes to purchase their favorite tune or sound without paying the high price for a CD. This segment isn't afraid to drop lots of discretionary income to download monophonic or polyphonic sounds, which makes the ringtone industry very happy.

According to RealityTVWorld.com, today’s teens are willing to substitute cell phone minutes for the latest ringtone. This behavior places this age group in the largest population of ringtone purchasers. Since over 40% of cell phone users fall into this group and have disposable income, the ringtone industry is making the most of this opportunity. The market is so large among this young population that, according to a study by Wireless World Forum, young people are spending eight times more on mobile phones than music. Currently, trends in the U.K. show that the ringtone market holds 10% of the total music market. This population's buying power is equally impressive in the United States where teenagers spend nearly as much on ringtones as on text messaging. The sale of ringtones worldwide adds up to $3.5 billion, according to IT Facts online (http://www.itfacts.biz).

Naturally, the music industry isn't highly thrilled about this shift in sales from the more expensive CD to much less expensive ringtones - even though the publisher or songwriter of the music or tone is entitles to royalties. Still, a ringtone royalty isn't quite as high of a percentage as a CD royalty. Some future analysts of this market are predicting that the mobile phone and ringtone industry are going to dip even farther into the music industry by giving mobile phones technology similar to iPods.

About The Author Copyright 2005 Samuel Mitone. All rights reserved. Samuel Mitone is the owner and operator of Fever Ringtones, a premier resource for all the latest ringtones on the web. Please go take at look at his archive of articles: http://www.feveringtones.com >

This article was posted on August 26, 2005

Ringtones, A Phones Personality
As mobile phones define one's personality in the same way ringtone defines mobile phones personality. Ringtone is nothing but the pleasing sound from the mobile instrument indicating an incoming call. It provides a sense of personalization to your mobile phone. Using the same old dull ring tone will never be able to differentiate you in the crowd. But, having a personal ring tone will immediately grab the attention. So ring tones are melodies, tunes, sound, noise your mobile make when an incoming call or message arrives. Ringtone has become a rage among cell phone users, especially youth. Ringtones have brought around a fresh round of innovations to otherwise monotonous ...

Keeping Tabs On Your Teen With Gps Tracking
GPS tracking is one of the greatest marvels of our modern technology. GPS stands for “Global Positioning System,” and this is exactly what GPS tracking allows one to do: find the position of just about anything on earth. GPS makes use of satellite tracking by following a specific device. As long as you have access to that device’s frequency, you can find it anywhere on earth. It works 24/7/365 in any type of weather.The beauty of GPS tracking is that the tracking device can be very small. It can be worn on the body, but the most popular uses of GPS devices involve their presence in cars or cell phones. These are two objects that every teen...

Cell Phone Plans, Prepaid & Postpaid Plan
The Best Cell Phone Plans Vary According to The Amount Of Calls You Make. Find Out If A Prepaid or Postpaid Plan Is The Right One For You.Before buying the first prepaid or postpaid plan you see, it’s better to first find out about the different cell phone plans available. The best way to rate exactly what kind of plan you should have is to think about how much you’ll be making calls on your mobile phone. You also need to monitor the time (hour) that you often make calls. This is because most cell phone plans will be limited to ‘anytime’ minutes which mean that you can make limited calls during peak hours. When looking at cell...