Tuesday August 1, 2006 11:04
Cyworld Attaks MySpace
South Korea’s most successful social network, a strange blend of Blogger, Flickr, and videogame-like avatars, brings in about $300,000 a day.Now it’s launching a U.S version. Should MySpace be worried?
It covers this story with 6 pages about history, status and global business of Cyworld. As following is a comparison chart between Cyworld and MySpace.
Business 2.0 shows three successful ideas for Cyworld as followings:
Idea 22 Give customers their own virtual space, and then charge them to decorate and customize it.
Idea 23 When importing a product from overseas, be ruthless about cutting features that won’t translate well to your domestic market.
Idea 24 If you want younger customers, forget advertising: Offer enough cool features that they’ll do your marketing for you.
As following is small captured images of articles. You can read it online e-book of Business 2.0.
Also this magazine includes many web 2.0 based services in the world in an another article.