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Social network theory and social network analysis

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Reference no: EM131487195

This assignment deals with social network theory and social network analysis.

Assignment Instructions:

There are over 1 Billion hair cuts in the United States per year. Yet, there is no strong network platform to connect hair stylists and people in need of a cut. People cite many inconveniences with regards to haircuts: travel, scheduling, dependability.

How would you build a platform that connects stylists to people in need of a good cut?

a) Name the first 3 buckes that you need will need to fill. How will you do that?

b) What value proposition would you focus on? How will you measure whether people are receiving the value you are touting?

c) When do you think you will reach critical mass? What criteria would you use?

d) All businesses grow in stages. Waht do yo think will be the first 3 stages this business will go through? (Hint: think Total Market, Served Available Market, Total Available Market). Keep in mind, a bucket is different from a stage.

Reference no: EM131487195

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