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Write a 1200-1500-word journal reflection addressing each of the following points/questions. Be sure to completely answer all the questions for each bullet point. Separate each section in your paper with a clear heading that allows your professor to know which bullet you are addressing in that section of your paper. Support your ideas with at least one (1) citations in your essay. Make sure to reference the citations using the APA writing style for the essay. The cover page and reference page do not count towards the minimum word amount. Review the rubric criteria for this assignment.
Using the article Instagram Shopping – A New Dawn For Social Commerce and information found chapter 11 from the book as your foundation write a journal reflection paper. Include answers to the following questions as part of your reflection.
Describe the different types of social networks and online communities. Be sure to include the various business models they use.
Why are mobile social networks growing so fast?
Discuss social commerce and why Instagram/Facebook is the dominant company in this marketplace.
Which companies could lose market share in the social commerce space and why?
How does social commerce differ from traditional e-commerce?