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Technological Change
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Social Media
- Increasing trends and competition from Facebook
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Substitutes
- Books
- Magazines
- Newspapers
- Television
- Billboards
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Technology Diffusion
- Cloud Computing
- Tablets
- Mobile Smartphones
- Internet Purchases Increasing
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Mass Customization
- Number of mobile internet connections increasing
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Regulatory Influences
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Government Policy Changes
- Anti-Trust Policies
- Environmental Protection
- Tax Policies
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Socio Cultural Changes
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Environmental Concerns
- Trend towards electronic documentation
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Demographic Changes
- Younger users on the rise, more technologically savvy
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Lifestyle Changes
- Trend is people are always connected
- People seek instant answers and information
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Economic Changes
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Industry Growth Rate
- Expected to remain flat until 2016
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Economic Growth Rates
- Low, both globally and domestically
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Unemployment Rates
- High, both globally and domestically
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Consumer Spending
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Reduced, causing advertisers to reduce spending on advertising
- Companies looking to utilized most cost effective advertising methods
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Globalization
- Political Events
- Trade Restrictions
- Consumer Demand
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Competitors
- Yahoo!
- Bing
- Fragmented Global Industry
- Concentrated Domestic Industry
- Wage Rates