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Alice Wang Joanna Chen Timmy Liu Team Lejeat
MySpace Comeback Alice Wang Joanna Chen Timmy Liu Team Lejeat
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MySpace -Takeover Faster server More freedom of expression
personalizaiton pages for bands, products, etc. Broader user demographics Features blogs, mobile, online video, IM People more accessible
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Facebook Becomes Competition
More privacy than Myspace Simple and user friendly Expanded from college campus Myspace deviated from original product Started with a small network and grew entire campuses joined Applications to keep users engaged Lull in innovation of MySpace 2 years of no change
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WE NEED... 1) build its own proprietary platform 2) join OpenSocial
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Pros of Creating a New Platform
Differentiation Unique Applications Set apart from Facebook and other competitors Reinforcement of status Adequate market share to sway developers User data can stay private Easier to extract revenue from developers Avoids uncertainty of OpenSocial's fate
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Pros of Joining OpenSocial
More applications Application developer market split in two, not three Easier language for developers, no new language No major R&D expenditures Faster innovation for the site Differentiation from Facebook
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OpenSocial *dingdingding*
Ability for MySpace to create its own successful proprietary platform is suspect Sole focus is being competitive towards Facebook, other social networks, negligible MySpace can save money to better improve its actual site Innovating functionalities –News Feed
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Ultimately MySpace is still dominant
Development and innovation is important to compete with others Focus on retaining and not attracting Avoid unnecessary spending Focus on improving the core site
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