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