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The Age of the Snow Jingxue Wang Book Review 3/26/2015 PLATFORM Phil Simon

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Page 1: BookReview_SnowJingxueWang

The Age of the

Snow Jingxue WangBook Review

3/26/2015

PLATFORMPhil Simon

Page 2: BookReview_SnowJingxueWang

• First print in 2011. Written by Phil Simon, a sought-after keynote speaker and author of 7 books.

• How gang of 4 redefined business in web 2.0 era.

• Features of platform, it is a new business model but has limitations.

• How can you build a platform? Few prediction for future.

• More about management but technology.

About the Book

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Background: Where are we?

• Web 1.0 is web use as “information portal”.• Web 2.0 is all about customers, is about platforms.• Web 3.0 is about Web of Data.

1993-Early 2005 Mid 2005 - Present

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What’s the PLATFORM?

• It is simply a set of integrated planks.

• It allows people to reach and connect with each other and obtain information.

• Today, the most powerful platforms

1) Root in equally powerful technologies, and intelligent usage2) Benefit tremendously from vibrant ecosystems

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Platform as Business Model

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Limitations of Platforms• Cannot guarantee success. • Cannot save dying

businesses and technologies.• Might be too large to

control. It abuse, scams, and misconduct.

• Privacy is always a concern. (Permission Marketing needed)

Do you know, Microsoft, Google, Yahoo, Facebook…are

being spied by NSA, CIA?

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Platform vs Monopolize• Traditional monopolizes are robber barons:

conglomerate have achieved monopolies through horizontal and vertical integration.

• If not collaboration kill or be killed.

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Gang of

Four

Amazon: book publisher, hardware manufacturer, reseller of excess compute power.

Apple: world’s largest content company.

Google: world’s most valuable advertising company – with its sights set on conquering just about every other market.

Do you know?

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Gang of Four

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• Amazon simplified online shopping process, accurate recommendations to keep customers. (e.g. 1-click, also buy...).

• Successful permission marketing. • First mover advantage.• Jeff: Kindle: “we want make money when people use our

devices, not when they buy our devices.”

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• In recent years, shift itself from a product to a platform strategy.• App explosion partnership getting more social platform• Ask for permission.• Apple has a high/ restrictive standard for its product design as

well as app design. They filter apps before let apps released on apple store.

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2013

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• In his early 20’s, Zuckerberg wasn’t interested in building a social networking site, he wanted to build a great platform.

• The speed of its ascent has been unprecedented. It lacked the early learning curves.

• Platform was building on: attracting advertisers, authenticity of users, provide online games, virtual currency, like button, fan page and f-commerce, news feed, tags, etc.

• Censorship and privacy issues are rising.

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• Facebook starts facing more problems today, it was try discover new business opportunities, every one were watching on it in the past 3 years.

However……

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Next Step for Facebook?

When information clutter is too overwhelming…

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• From search to ubiquity• Founders realized that they need to build plat

form by offering complementary products and services.

• Google made money by AdWords and AdSense

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Google has problems:• Privacy issues: the ads on the top

of message are too relevant. Google needs to do more permission marketing.

• Lack of diversification: 67% of its revenue came from ads on Google websites; 30% came from Google’s ad network. (2010)only 3% came from non-ad sources.

• Balance t/w expansion and focus.

• Google also tried hardware field, such as Chrome book, Google glass, also try to crush Apple via Android, cooperate with Samsung…

Icons of Google products

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Microsoft has nothing to lose and Google has everything to lose.

Microsoft’s current the most interesting moonshot project: Windows Holographic.

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Other Platforms-Behance

• online portfolio site creative hub

• bring creative cloud to community features

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Yes, I recommend it!

Even this book does not cover every aspect of the gong of four, it still worth to read.- You can know the trends of

business development in this era.- You can distinguish platform from

monopolize.- You can know more about B2B

business instead of only B2C when create a platform for business.

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Further Reading• The third screen: Marketing to your customers in a

world gone mobile.

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?(^ _ ^)

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Reference Page

• Silicon Valley Mega Deal: Facebook buys WhatsApp for $19 Billion• http://thetechpanda.com/2014/02/20/silicon-valley-mega-deal-facebook-buys-whatsapp-19-billion-rs-114

000-crore/#.VRPBmxDF-nQ

• Adobe Acquired Portfolio Service Behance For More Than $150 Million In Cash And Stock• http://www.adobe.com/aboutadobe/pressroom/pressreleases/201212/122012AdobeAcquiresBehance.ht

ml

• http://www.philsimon.com/

• What is driving Google new highs?• http://www.fool.com/investing/general/2013/03/13/whats-driving-google-to-new-highs.aspx

• Stop comparing WeChat to Whatspp• http://thenextweb.com/asia/2014/01/24/messaging-stop-comparing-wechat-whatsapp/