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3. Considering Snapchat (SNAP). a. What phase of its life cycle would you place Snapchat? Why?...

3. Considering Snapchat (SNAP).

a. What phase of its life cycle would you place Snapchat? Why?

b. What type of economic environment would you expect Snapchat to excel? Why

c. What type of economic environment would you expect Snapchat to struggle? Why

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Answer #1

a. I would place snap chat in its Fourth phase which is the inner Artist because when snap chat was first introduced people could recreate any photo into any other art for example:We can change ourselves into wizards.

b. The economic environment that I would expect for the snap chat to Excel is by creating something new that works with in the plat form that users might like to interact with.because the Audience are interested in only those activities that are branded.

C.The Economic Environment that would make snap chat struggle is to the fact that new social medias are emerging and are really getting succeeded.so they struggle in creating effective advertisements which the people can actually see and trust.

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