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RE: The 2017 Steem Growth Plan

in #marketing8 years ago

I think your exact point is addressed by the focus on developing countries. If you've ever read Innovator's Dilemma or Blue Ocean Strategy, you will recognize that the existing mostly Western attention market is a red ocean, one which is well served already. And disruptive innovations focus on the undeserved market, ones which are more trouble than they're worth for the incumbents. I would certainly recommend both books if you haven't read them.

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I don't think I've read Blue Ocean Strategy, but it's really familiar, so maybe I read a larger summary of it. I'm familiar with the concept, anyway. You make a great point, but I think the incumbents understand this also and what used to be too much trouble for them will quickly become their primary focus. That's why companies like Google are investing in things like Loon to get internet to areas which don't have it. I've read about Facebook doing similar things. They are thinking long term and have huge reserves for marketing to push their platform into those areas. Can we beat them to it? Maybe. I think it will involve highlighting aspects of our identity which can create a natural monopoly for us (rewards for attention, decentralized control, no censorship, etc).