Monday, November 10, 2008

The business of cyber stalking

Nowadays, young people always want to be with their friends and they want to locate each other as fast as possible. One of the example is facebook. There are thousands of students that can't get off the website because they want to get the most updated information about everyone they know. That means mobile social networking will be a huge market undeniably. I noticed that students tend to stick to cell phones as much as they stick to the virtual world. When companies are able to combine these "best friends" of young people, I think they will definitely want that combination.

According to Time magazine, the market is already boiling up with competition. A noticeable trend is that these new "smart" cell phones often come with heavy prices and an extra of monthly service bill. This could lead to customers stepping back from purchasing the products. There are many websites to use connecting to people. The reason that Facebook is incredibly popular because it is free for all users. Young customers might not want to get the new feature on their cell phone because they could use other alternatives to connect to their friends or a destination.

Internet is now a key feature on cell phone, it is easy for consumers to take advantage of mapquest or google earth. The internet service fee has dropped over the years since it becomes available. In addition, I can choose from a lot of phones that are internet friendly. The biggest example is the Iphone. I have seen friends using the Iphone for similar purpose that is similar to mobile social networking. Therefore, companies will have to find a balanced price for the new feature.

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