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| Topic: |
Business
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| Number of pages / Number of words: |
5 / 1169 |
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A single reference model was found by an Alex Osterwalder, which almost puts together the different, various models and is used to analyze MySpace.
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MySpace via efficient distribution has made great value by having a trusted relationship with its customers and through that attracting new ones...
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Understanding and delivering value to the customer creates brand equity for the company that translates to value for the company.
The social network of MySpace is the actual source of value production and the value of good is more or less determined by the user base. The website delivers value with the addition of things outside the networks initial effects or culture (therefore reaching out to more of the potential customers and masses) such as photo sharing, bloging and so on...
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