Monday, January 30, 2012

Week 3 Blog (February 1, 2012)
-Discuss the pros and cons of "first mover advantage" and your position on whether being the first mover is an advantage.

First Mover Advantage can be a good thing if your plan is well developed and you can hit the ground running.  It allows you to build a loyal customer base and get them accustomed  to your product and style.  Once invested in your product, it will be less desirable for your customers to start over with a new product line and 'waste' all the original capitol they invested in your product.  An example would be, once you own a PC and have made substantial investments in the product, it's hard to justify switching to the Apple product line since little if any of your PC hardware will be compatible with Apple.

However, if you are not sufficiently prepared to launch a new product to market and delight your customers, it can easily become a springboard for your competition to take your idea and refine it into a better product, thus essentially stealing the market out from under you.

Thursday, January 19, 2012

SOPA/PIPA

Where's the Wiki?  Wow!  Lots of reactions about copyrights and the web.  It's an interesting time to be alive, that's for sure!  The implications of this type of censorship are very scary.  On the flip side, it's also frustrating for the artists etc. to have their work pirated.  Let's hope a better resolution can be reached than randomly shutting down sights and stifling information sharing.