Curly hair and appillionaires
During class, we have discussed the following questions and came up with the answers.
My group members for this case where Sara De Waele, Scarlett Allen, Jean-Philippe Copers and Birgit Hellebuyck
My group members for this case where Sara De Waele, Scarlett Allen, Jean-Philippe Copers and Birgit Hellebuyck
How does a small niche web site like naturallycurly.com become profitable?
How has cloud computing and social media reduced costs?
The biggest reducing cost is that social media is cheap. You can create a free Facebook page and it’s easy to spread your page. Besides that you also have the ability to access the information, which is stored in the cloud, from everywhere. And by using social media, people can look at the information that you have posted on your page at any moment at any place. Another big factor for reducing costs was that, the only had to pay for the power that they had used for their cloud services. And to finish, they didn't have to rent any IT-space and they didn't have to hire IT-people because everything was stored and handled in the cloud.
How is the app economy changing the economics of software production and e-commerce?
At this moment the app-economy is growing because everyone has a smartphone now. So that means that in the future, companies will invest more in apps and less in a website so apps will replace websites. Because of that, we will have to create different software to make those apps. We will have to find platforms that support the new software.
- They get an advertisement contract of Procter&Gamble for two years that leaded to a revenue of 1 million dollars.
- Because of the fact that they were in a niche market, they had no competitors.
How has cloud computing and social media reduced costs?
The biggest reducing cost is that social media is cheap. You can create a free Facebook page and it’s easy to spread your page. Besides that you also have the ability to access the information, which is stored in the cloud, from everywhere. And by using social media, people can look at the information that you have posted on your page at any moment at any place. Another big factor for reducing costs was that, the only had to pay for the power that they had used for their cloud services. And to finish, they didn't have to rent any IT-space and they didn't have to hire IT-people because everything was stored and handled in the cloud.
How is the app economy changing the economics of software production and e-commerce?
At this moment the app-economy is growing because everyone has a smartphone now. So that means that in the future, companies will invest more in apps and less in a website so apps will replace websites. Because of that, we will have to create different software to make those apps. We will have to find platforms that support the new software.