because they can not produce any better technology, even when they have a large number of super brains and great engineers as well as a ton of dollars and diamonds :P.
It seems aimpossible mission to defeat the existed breakthrough-by-technology-model leader
(Of course I mean a competion in a same level, not in a niche market). The best illustrationfor this concept is the war between Google and Yahoo, MSN, Infoseek, Altavista…, thesecond best example is how Skype dominates the VoiIP market. Other representatives of this model are Google Adsense, Google Earth.
means one company has got its fantasticawards by introducing a breakthrough business model to the online world. A breakthrough business model is a compeletely new one at that time (Hotmail, Yahoo,Ebay, Amazon) or a-great-better-improvement-of-an-existed-business-model (Facebook,Gmail). Facebook took over the market-leader position from MySpace with the second-generation social networking model, Gmail draws most of email-user attentions by providing a far better email capacity and a clever invitation marketing tactic. At the debuttime, Gmail 1Gb is a very big number if compared with Yahoo Mail 4Mb, and Hotmail2Mb.
It’s a possible mission to defeat the existed breakthrough-by-business-model leader.
Most of the newly successful dotcoms are based on this model. And most of Vietnam start-up dotcoms will follow this model.
Dotcom is the first one to appear on the market. As you already know: Hotmail is the firstemail service, Yahoo is the first search engine, Ebay is the first auction site… They mightnot really be the first ones to appear on the market, but at least they did make peoplethink that.There is no doubt that after appearing of the pioneer, many other companies will copy to build their competitive products. But the first-runer is often the first-runer, he has themost powerful advantage to remain his leader position.
Content must be from users or even from developers.
This means system doesn’t have to create its own content. The system only provides acore engine/a market ground then users or developers will do the rest. Google/Google News, Paypal, Ebay… are some of the best examples for this rule.FaceBook excellently follows this rule: It even doesn’t have to create applications for it’s users but it just created an open platform for developers. We can call it an openonline social networking platform. Developers voluntarily develop applications for Facebook’s platform.
Content must be completely online.
I mean a dotcom business is only related toonline stuffs. All of it’s user’s activities are online. It provides nothing from theoffline world. It doesn’t supply book, cd, or any products… so as a result it just needsservers, software engineers, salepeople, and software. Most of the most successfuldotcoms follow this rule, except Amazon.