Question

1. Research about the following innovations and explain why do certain innovations spread more quickly than others? And why do others fail?
   1. Nokia vs. Android
   2. Yahoo vs. Google
   3. Blockbuster vs. Netflix
   4. Grab vs. Uber

Answer 1

Solution: This world has been affected and revolutionized by a number of business models due to their originality and their success. Some of the business models just turned out to be better than the others and this helped them generated more and more revenues than the others. Some of the classic examples are given down below:

Nokia vs. Android: It was the resurrection of Nokia in the field of mobile phone manufacturing market and they were posed with two options to use as their default operating system platform. These two options were Microsoft Windows and Google Android. Nokia went with the former one and the rest is history. Android single-handedly defeated the windows operating system for mobile phones and proved that they came in the market to stay and rule. The main reason between the succes of Android over the Windows is the fact that the applications development for the google android was just way too easy for the developers due to its simplicity of the ecosystem as well as the interactiveness of the operating system as compared to the windows operating system.

Yahoo vs. Google: Yahoo was once the king of the internet industry even way ahead of Google, but there were certain things that led to the gradual turnaround for Google as a search engine and hence it led to a mega success for Google, beating the Yahoo in their own name game. The main reason for the success of Google as a search engine was the nature of the algorithm they were using, second thing was instead of being dependent upon some third party file system software, Google actually went on to develop their own file system software, third and the most important change was the capability of Google to scale the challenges as well as the complexity of the changes that they had to bring to their system.

Blockbuster vs. Netflix: With the advent of the internet and a massive increase in the number of internet users, there was a sudden demand for the video-on-demand websites, these are the websites that can provide audio and video content to the internet users for a periodic subscription. Again, here was also a close competition between two companies and they were Blockbuster as well as Netflix. Now, the main difference between the business model of these two was the fact that the former was charging their customers for each and evry video content over the website while the Netflix was charging their users for a periodic subscription and in turn it promised its users an access to all the content that is present over the internet. And yes, for obvious reasons, people liked the netflix's business plan a lot more as compared to the other and this is the reason why Netflix is more popular as compared to another video-on-demand content provider.

Grab vs. Uber: As the technology advanced there were also demands as well as innovation that allowed people to order the rides on the go whenever they wanted wherever they wanted. This was a revolutionizing idea that allowed people to actually order the taxis to their own homes and the time they wanted to go out. This actually gave them a liberty to not to go to the bus stop or the taxi stop to wait for hours to get a ride instead they could just order it sitting in their couch. In this field, the main competition was actually between Grab and Uber and the competition was a cutting neck one. In this case since the Grab was a singaporean based company hence they actually exploited their cultural and local expertise to gain more and more revenue, even though Uber were giants all across the world but they had to suffer here because of this. The second and the most significant that gave Uber a major blow was their lack of dealing in cash, as they started in San Fransisco and the people there were actually quite habitual with the cashless payments but it wasn't the case in Singapore and hence Grab exploited on this and they took an edge over the Uber.

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