Question: In July 2 0 2 3 , Meta Platforms ( Facebook ' s parent company ) introduced Threads, a new text - based social media

In July 2023, Meta Platforms (Facebook's parent company) introduced Threads, a new text-based social media app. The Instagram-dependent platform's challenge was proving it could carve out a unique identity and persuade users to stay. Can it uniquely position itself?
Based on the social media business model, which platform Twitter or Threads has a competitive advantage? Is (was) it sustainable? Why?
Describe a positioning map that illustrates how the top social media platforms Facebook, Twitter, YouTube, TikTok, Instagram, Threads, etc. are positioned relative to one another regarding consumer perceptions.
What dimensions did you choose? Which target market are those dimensions important to? Suggest other dimensions. Who is the target market now?
Describe any holes or openings that suggest unmet consumer needs.

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