Once one of the MYEC apps is running, will it be adopted by many?
How will MYEC promote the app?
It doesn't matter if MYEC's technology is better than the competition's technology. They'll need to work hard and spend some money to achieve mass adoption.
The most popular technology can be more profitable/successful than the best technology. Throughout the history of modern technology there are instances where a technologically superior alternative was beaten out by its inferior rival — for example, Betamax lost to VHS video cassette recorders, and Macintosh computers gained only a fraction of the market share of Windows-based PCs. In most cases, the winning alternative was able to capture market share more quickly and establish a critical mass of users.
Where does MYEC currently stand in the market of money transfer solutions?
How does MYEC intend to build up a user-base?
How much money will MYEC be able to use for marketing the app?
Burning questions that might be answered in 2015...
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