barbara
Joined: Fri Jun 18, 2010 12:31 pm Posts: 11
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Re: Biggest Threats For Business
Hello
Competitors with superior positioning. This is perhaps the most serious threat of all. If someone in your market has preemptively positioned their company, you are forced into a defensive position. If you think that's okay, just imagine that you are Heinz Ketchup's biggest (yet relatively unknown) competitor and repeat the following statement five times: "It's also not Hunts!"
Lack of systems. The only way to take a small company and turn it into a big company is to create systems for everything you do. If you have ever considered a franchise (and the franchisee survival rate is a multiple of the small business survival rate), you probably noticed that they were selling you a SYSTEM-a consistent way of doing things.
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midi
Joined: Tue Jun 22, 2010 8:19 am Posts: 20
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Re: Biggest Threats For Business
#1 - An Existing Search Competitor Wins Back Share
In this scenario, Microsoft, Yahoo!, or Ask manages to overtake Google's relevance and mindshare through higher quality results or better branding and emotional appeal. While this seems unlikely, Google's own rise followed this storyline very closely. Altavista and several other engines held a firm grasp on the market in the late '90's and into 2000, but Google's technology, interface, and appeal caught up, then overtook and eventually dominated the search market. The difference here is that a startup achieved the market leader position - there aren't many examples in the Internet field where an existing player has snapped victory from the jaws of defeat. #2 - A Startup Becomes the New Golden Child of Search
To some, particularly those brave venture capitalists behind projects like Wikia, Powerset, Cuill, and Mahalo, this option seems far more likely. As with Google's rise to power 9 years ago, the new player would need better technology, a grasp for what the Internet population wants (recall that in the late '90's it was Google's "clean interface" that captured attention), and the media's loving adoration. The startup would also need to avoid acquisition, which may be far easier said than done, since Google's cash reserves and willingness to buy small firms to add to their search technology will always be a factor. You'd need to find a financier who's willing to forgo an exit in the hundreds of millions or low billions for the possibility of reaching an IPO stage (and even then, a Google buyout through stock would be possible). #3 - Web Search Fractures into Verticals
As the web becomes increasingly large and complex, it's very possible that web surfing and web searching habits will evolve. Brands like Expedia, Zillow, and iMedix are all competing in the arenas of vertical search, hoping that when web users think travel, real estate, or health care, they won't turn to Google, but instead will go directly to their favorite vertical engine. Naturally, Google's already planning for this with search in dozens of additional verticals - news, books, academia, images, maps, etc., but beating the search giant in any one of these niches is certainly far simpler than in the broader realm of web wide search. #4 - Traditional Web Search is Replaced by a More Compelling Information Retrieval Model
Remember that article on "zooming vs. searching" and how we humans are made for the former, not the latter? A true paradigm shift in the way human-computer interaction functions could spur a revolution against text-based Google and into the next generation of Internet use, powered by a completely different kind of entity (someone who might not be on Google's "search competitors" radar). It sounds far out and a little sci-fi, but since I can instantly calculate my position on the globe in 30 seconds and find the nearest bank by talking into a device I carry in my pocket, I'd say that a lot of sci-fi is already sci-fact.
#5 - Spam Makes Google Irrelevant
Jonathan brought up the concept that Google might drown under a cloud of irrelevancy due to a leap in spam and manipulation technology. Certainly the cat and mouse game Google has waged with black hats over the years have produced plenty of poor search experiences and even the occasional PR nightmare, but I believe that even if Google's algorithms couldn't keep up in an automated sense, Google now has the power and the funding to preserve their position through sheer manpower - using human classifiers to root out any massive increase in spam in the short term while engineers found ways to pattern-detect them away. I've always felt that betting against the PhDs & spam researchers at Google was, in the long-term, a losing proposition. It's also tough for me to picture Google being uniquely affected by an increase in spam without all of the engines taking a hit (or maybe this would be when Ask's local popularity algorithm .
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