What is On the Bleeding Edge? Think about the way social media impacts your life

Question

What is On the Bleeding Edge?

Think about the way social media impacts your life as far as product marketing – online coupons, Groupons, email ads etc. What is on the bleeding edge of technology and how can your product use this idea to increase sales? (The ‘bleeding edge’ is the latest and greatest technology). Give a brief description of your product or service idea that you are developing for this course so your peers know what it is. Then elaborate on how 'bleeding edge' technology can be used to your advantage to sell your product. Mention at least two ways that you can use social media in advertising or selling your product.

Explanation / Answer

Bleeding edge technology are the fastest technology at present to reach out to customers like mail , apps but with a degree of risk atached to it . The technology will not be reliable to all and may not be prove to be profitable for all sellers and startups. These technologies though give greater visibiity and easier access long with comparative advantage in competitive markets. But if the sellers are promote wrong products and wrong market strategies same can be disadvatageous. Users need to should have a better bleeding version computer software with ample beta testing.

While formulating new product strategies it is important to keep in mind right product , right maket and traget audience . The software should be easily accessible and bleeding edge version should be well tested to ensure if there are any resisitance in the industry. Social media helps in increasing visibility and faster promotions. Easy accessibility for user and better user experiences.

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