11–20 of 51 posts
at what point is competition stifled when large companies can just totally copy competition by throwing money at something. In ten years, we will have an American Samsung.
Instagram and Snapchat share the same market. Like Facebook, they originated among college students, and became the default platforms of that young adult demographic. Instagram copying Snapchat features is brutal to Snapchat because Snapchat power users were probably Instagram/Facebook power users as well.
TikTok and Musical.ly, as has been written to death by tech journalists, are much more dominate in a younger demographic. They're sort of unique among social platforms in their ability to do so. I wonder if Instagram has enough penetration in that demographic to really syphon off a meaningful chunk of users, or if this will just block Instagram's existing users from migrating?
at what point is competition stifled when large companies can just totally copy competition by throwing money at something. In ten years, we will have an American Samsung.
at what point is competition stifled when large companies can just totally copy competition by throwing money at something. In ten years, we will have an American Samsung.
When I was a kid that was competition.
I wonder if this will work as well as Stories did. I mean, technologically it will, sure, but if you start with the customer in mind, Snapchat is not TikTok. Instagram and Snapchat share the same market. Like Facebook, they originated among college students, and became the default platforms of that young adult demographic. Instagram copying Snapchat features is brutal to Snapchat because Snapchat power users were pro…
Instagram Stories were not quite a Snapchat-killer, but they did take a huge chunk of the Snapchat market share. This could be similar.
You don't have to kill the competition in social to win, you just need to stop their growth. They can retain some percentage of users but if the growth is stalled out and you are dominate them in 5:1 marketshare it's as good as dead.
Copying snapchat to make stories. TikTok to make Reels. And fb originally bought Instagram. Can the big players just copy or buy every competitor at some point and remain on top?