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In this assignment, you will apply the TALC to the rise of Facebook. To help you, you may watch the movie The Social Network and/or
In this assignment, you will apply the TALC to the rise of Facebook. To help you, you may watch the movie "The Social Network" and/or research the history of Facebook. In your business case, please have the following CLEARLY DEFINED sections:
1. Innovators
- Think of when Facebook FIRST came out. Who was that initial target segment? Use a subheader to clearly define this segment. Under this subheader, provide the following:
- A brief description (1-2 sentences) on who this segment is.
- What features/benefits on Facebook that were most important to them.
- How do these features/benefits fit into the whole product? What ring of the whole product do they relate to?
- Repeat this process for an additional 1-2 segments that fall under the Innovators.
- Think of when Facebook FIRST came out. Who was that initial target segment? Use a subheader to clearly define this segment. Under this subheader, provide the following:
2. Early Adapters
- Identify 2-3 segments Facebook solidified who fall under the early adapter segments. Make a sub-header for each segment and provide the following:
- A brief description (1-2 sentences) on who this segment is.
- What competitive advantage was each group looking for?
- What features/benefits on Facebook that were most important to them that would help them fulfill this competitive advantage?
- How do these features/benefits fit into the whole product? What ring of the whole product do they relate to?
- Identify 2-3 segments Facebook solidified who fall under the early adapter segments. Make a sub-header for each segment and provide the following:
3. Early Majority
- Identify 2 segments Facebook solidified who fall under the early majority segments. Make a sub-header for each segment and provide the following:
- A brief description (1-2 sentences) on who this segment is.
- What features/benefits on Facebook that were most important to them that would help them fulfill this competitive advantage?
- How do these features/benefits fit into the whole product? What ring of the whole product do they relate to?
4. Late Majority
- Identify 2 segments Facebook solidified who fall under the early majority segments. Make a sub-header for each segment and provide the following:
- A brief description (1-2 sentences) on who this segment is.
- What features/benefits on Facebook that were most important to them that would help them fulfill this competitive advantage?
- How do these features/benefits fit into the whole product? What ring of the whole product do they relate to?
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