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by Domenic_S
4865 days ago
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Maybe I'm just boring, but I don't see the TAM being that big for something like zupstream. The people who use it must have friends in the same locale, who are free tonight, who want to do something tonight, and have the money to do something tonight. I think the challenge with social is that you need people who have the spending power of 25-30-somethings, combined with the social lives of tweens. |
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These are the activities that most people tend to fall back on email, texting, and phone calls to coordinate, which becomes a pain when more than two people are involved.
Instead of "Anyone up for dinner tonight?", imagine broadcasting to your friends "Let's do dinner this weekend". For me, there's rarely a destination determined up front. There's usually a bunch of back and forth with everyone before a place is agreed upon. It's during this period that targeted advertising could work really well, because something as simple as a "Get a free appetizer with your meal" offer could easily sway the decision towards a particular restaurant.