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Old, but gold - "Strategy Letter I: Ben and Jerry's vs. Amazon"

76 点作者 adityakothadiya超过 13 年前

9 条评论

niklas_a超过 13 年前
The problem with this post, and other pieces by Spolsky is that he creates an example out of two extremes on what really is a sliding scale.<p>Amazon burned through a lot of capital. B&#38;J grew slowly during decades.<p>In real life, things are seldom so black and white. Every company has a unique story.<p>What about Facebook, that grew organically at first and then took on massive investment once it was clear that college kids loved it and they could benefit from outside investment to grow even faster.<p>Or what about DropBox that took a small seed funding round but then quickly exploded in popularity and then took more investment. Where do they fit on Spolsky's scale?<p>The truth is - they don't. Which makes the whole premise of the article wrong, you don't need to decide if you are Amazon or B&#38;J. Just do what makes sense for the business you are in.
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InclinedPlane超过 13 年前
The most important thing to understand about these models is that it's very easy to get big fast but very much harder (especially with software) to get <i>good</i> fast.<p>Good almost always takes several iterations. If your market is filled with high quality offerings by competitors then getting big fast could be a recipe for burning a lot of capital before your product becomes good enough to compete, or simply burning enough capital to go out of business before it has matured.
FaceKicker超过 13 年前
How does Amazon have a "strong network effect"? I'd still use it even if none of my friends did; it's not like Facebook (or instant messaging networks, to use the 11-year old example from the article) where my friends not using it would render it useless (or even less useful).<p>The only things I can think of is that (1) customers will advertise for you by word-of-mouth, and (2) it's cheaper per user the more users you have (economies of scale), but Ben and Jerry's has both of these properties as well and the author says it has "no network effect". It is true that its <i>reviews</i> have a strong network effect, but that's not the part of their business they profit from directly - you can easily just check Amazon for its reviews and then go to Buy.com to actually make the purchase.<p>Can someone clarify what he might mean when he says Amazon's business has a strong network effect?<p>I also don't really understand how Amazon has "strong customer lock-in", either. Maybe "weak customer lock-in" would be appropriate, as once you make an account it's easier to order more items, since you don't have to figure out the design of the website and re-enter your credit card and shipping info. Amazon Prime clearly has strong lock-in as you're paying for a one-year subscription in advance, but nowhere near the majority of customers use it (I would assume) and it didn't even exist in when this article was written.
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jfoucher超过 13 年前
" If you want to chat with people, you have to go where they are, and ICQ and AOL have the most people by far. Chances are, your friends are using one of those services, not one of the smaller ones like MSN Instant Messenger. With all of Microsoft's muscle, money, and marketing skill, they are just not going to be able to break into auctions or instant messaging, because the network effects there are so strong. "<p>Funny to read that in hindsight...
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_gd3l超过 13 年前
This is a classic look at fragility versus optimization, much like what Nassim Taleb writes about.<p>A lot of his charts to demonstrate this concept (that the more "optimized" something becomes, the more fragile it becomes) look like the ones from this article. For example: <a href="http://bit.ly/sKM7B0" rel="nofollow">http://bit.ly/sKM7B0</a><p>I'll try to find more images. Taleb's writing looks at this general concept in great detail across almost everything; in the context of business, basically what Joel says is right on the money. Great article.<p>By the way, I think I'd prefer running a small biz to an Amazon or Wal Mart. You?
alabut超过 13 年前
This is Joel's humorous version of what Steve Blank refers to as "knowing your market type"[1]. Steve classifies them as new vs existing markets (there's also a third called "resegmented markets" but those just sound like existing markets to me).<p>He gave an example in one of his Haas lectures that I'll never forget of how disastrous it can be to mistake the two market types by comparing the marketing strategies of Blackberry vs Tivo.<p>Blackberry knew they were releasing advanced new products into a market of users that primarily only used pagers, so they described their product as a two-way pager, even though it's <i>nothing like a pager</i> under the hood. They described it in terms that people could instantly grok what the hell it was and early adopter usage was off the charts.[2]<p>If Tivo followed the same model, they should've described themselves as a tapeless VCR. But the company didn't just miss the obvious opportunity, they <i>actively avoided it</i> and even went so far as to ban the word VCR from any marketing, press releases or interviews. This came straight from the top, from the CEO, who believe that the VCR was primitive tech and the Tivo was so technically advanced as to be in a different class of gear.<p>Tivo got confused about what market they were in. They had great tech that was completely torpedoed by their marketing. As a result, Tivo's adoption curve was much slower, never got above a few million users, and didn't cross over into mainstream usage except as a verb.<p>[1] <a href="http://steveblank.com/2009/09/10/customer-development-manifesto-part-4/" rel="nofollow">http://steveblank.com/2009/09/10/customer-development-manife...</a><p>[2] <i>Bonus points for the self-taught MBA crowd</i>: go read Clayton Christensen's <i>The Innovator's Dilemma</i> and figure out why Blackberry wasn't able to sustain their lead.
alexro超过 13 年前
It looks like for the amazon-type companies the company's culture gets replaced by the founders image, as people need some way to grasp the company as a whole.
temuze超过 13 年前
Fantastic article. This is why I don't mind reposts - every once in a while, there's a real gem that I've missed.
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kghose超过 13 年前
Ok, merits of the article aside:<p>I was reading, nodding to myself and then I read about this fantastic new service called "PayMyBills.com which receive your bills for you, scan them in, and show them to you on the Internet"<p>I was very, very puzzled. THIS guy is tech savvy? And then I saw the date on the post.
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