21 May Social Media Platform
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Choose a social media platform, summarize its background, and analyze its business model. Please include citations. While the citations can be any format, they should be of a consistent format in your HW submission.
Step 1:
Choose a social media platform. You can choose any social media platform from any country. Here is a sample list of social media platforms.
FacebookTwitterInstagramPicasaYelpSecond LifeFoursquareuGamePinterestGrouponRedditBloggerQuoraGoogle PlusLinkedInWechatMeetupLINESlideshareWhatsAppVKontakte …
Step 2:
Write a two-page single-spaced MS word document about your chosen platform’s
- background
- business model
- how the platform is used by companies/business
there are five types of business models:
Brokerage Model
Advertising Model
Merchant Model
Affiliate Model
Subscription Model
The details are in the PPT attached below, you can choose some of them to write
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