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It seems as though larger companies are typically those who fall prey to FOMO strategies, but many of them do successfully usurp smaller companies' markets simp
by aryaman_kha 4y ago
It seems as though larger companies are typically those who fall prey to FOMO strategies, but many of them do successfully usurp smaller companies' markets simply by copying features. Sure, some of those features flop, but that doesn't make FOMO disastrous. Ex - after Snapchat launched stories, every tech company tested a copy. For Instagram, the copy was wildly successful, even if it was a relative failure for FB, LinkedIn, etc.