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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:
      1. A brief description (1-2 sentences) on who this segment is.
      2. What features/benefits on Facebook that were most important to them.
      3. 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.

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:
      1. A brief description (1-2 sentences) on who this segment is.
      2. What competitive advantage was each group looking for?
      3. What features/benefits on Facebook that were most important to them that would help them fulfill this competitive advantage?
      4. How do these features/benefits fit into the whole product? What ring of the whole product do they relate to?

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:
    1. A brief description (1-2 sentences) on who this segment is.
    2. What features/benefits on Facebook that were most important to them that would help them fulfill this competitive advantage?
    3. 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:
    1. A brief description (1-2 sentences) on who this segment is.
    2. What features/benefits on Facebook that were most important to them that would help them fulfill this competitive advantage?
    3. How do these features/benefits fit into the whole product? What ring of the whole product do they relate to?

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