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8/7/2019 E145 OAP Written
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Opportunity Analysis Project (OAP):
Team Dream Killers: Rick Ramirez, Greg Justice, Joe Lau, Alan Guo
Concept:
Today, the trends in social consumer internet are towards attainment of status and reputation:
Facebook, Twitter, Quora, Foursquare, LinkedIn allow their users to portray a desired persona.
Because each user’s content is generated by the user alone, the persona they adopt can be and is
often non-representative. More and more, we see that users are interested not only in what another
user has to say about himself, but what that user’s friends and acquaintances have to say about
him. While social networking has been thus far limited to a user generating his own content and
reputation, we believe it can be expanded to users generating content about other users.
DirtyPlate solves this problem by providing a platform where a user’s real-life acquaintances and
friends have primary control of his online identity. A user’s page looks like a cross between a
Wikipedia biography and a Facebook page, a place where contributors craft the user’s identity by
telling stories, poking fun, and reliving good memories. Inherently viral, DirtyPlate will keep users
coming back because they won’t be able to resist seeing what their friends are saying about them
and writing back.
Market:
When talking to Konstantin Guereckie, he advised: “Pick your host carefully. Paypal chose Ebay,
LinkedIn chose Outlook, mixedTent chose LinkedIn, etc.” Facebook seems to be a natural host for
us. It currently has over 500 million active users, has a powerfully interactive API, and according todata from July 2010 (See Figure 1) 39% of Facebook users are between the ages of 13 and 25 -- our
targeted demographic.
We think the younger demographic is less concerned with grooming their professional online
identities. In fact, after reading over the 51 comments generated by our survey many concerns
revolved around defamation in the eyes of friends, but none voiced concerns about potential
employers.Figure 1: Demographic Pie Chart
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Figure 2: Fairly Uniform Fear Distribution
Using the user demographic data from July 2010 (figure 1), there are approximately 195 million
users between the ages of 13 and 25. As figure 2 would suggest, we hope to tap into at least 50
percent of that demographic, capping our potential market size at 100 million people (the size of
LinkedIn).
Customers:
Users are our customers in our case. In our initial survey, we discovered that over 80% of college-
aged Facebook users doubt the credibility of their friends’ online profiles (Figure 3). Hence, we
believe there is dmeand for DirtyPlate : the idea of ‘Wikipedia for the everyman by everyman’ could
really catch on with our target demographic. Facebook users feverishly ‘like’ and comment on other
friends’ photos, status updates, and wall posts. If given the chance, we believe that Facebook users
would jump at the chance to create original content about their views of their friends. Though
receptivity would vary dramatically (Figure 2), the omnipresent ‘fear factor’ would drive the site’s
traffic.
Figure 3: >80% Skepticism Concerning Profile Authenticity
Business Model:
As the size of our user-base grows, so does the value of our service. Our viral strategy of user
acquisition can be summed by Konstantin: “Focus on the seven deadly sins.” So we will: envy and
pride, (LinkedIn's) and one of our own – fear.
We also have a few ways to monetize in mind once gained enough traction:
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1.Provide basic options for user to edit his/her own profile (opt-in/opt-out), but charge for
additional editing power
2.Introduce editing credits and bidding by users' friends for placement of comments in
prominent spaces on the user's profile.
•Streamline profiles to a few key categories (i.e. one quote that capture the friend, best
friend, etc.)
•Credits needed to edit one's own profile and to bid to place the comment on the top/ replace previous content (e.g. two friends bid for the category “Who is A's best friends.)
Figure 5: Slander Concerns
Figure 6: Fear Factor
Our biggest risk arises from lawsuits linking the usage of site with psychological or physical harms.Feedback from our survey (figure 5 & 6) highlight this concern, and we understand that this risk
could potentially turn-off investors.
Here our our preliminary strategies to mitigate this risk:
• Generated content will NOT be anonymous.
• Separate profiles that is modified by the profile owner with the ones that is solely produced
by their friends
• Control settings can be modified at any point
Competition:
Currently, there are a few sites that provides similar services such as Wikibios, 1000memories,
Honestly, threewords.me, Social Interview (a Facebook app). Let us break down each of our
competitors:
• Wikibios: similar idea; site is outdated; does not leverage existing social network, the
interface is Pre-Web 2.0 era.
• Honestly: a reputation service for professional; leverage Facebook Connect and LinkedIn
API; currently low engagement since little incentives for average users to contribute
• Facebook apps (Social Review, Honesty Box): use facebook wall as a channel to engageusers; are within the groomed system of Facebook. Dirtyplate runs counter to the groomed
philosophy.
Our biggest threat, if proven succesful, comes from Facebook itself. Since the technology barrier is
low, and our user base will largely come from Facebook, Facebook could potentially build a product
that is distinct from the existing profile page that features our idea.
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