A quick example: Google is a search engine. A free providers of useful tools (gmail, Google alerts, analytics, maps, etc. - all data driven design). However Google is NOT a social platform, although it is trying to become one. They still haven't managed to do so.
Microsoft is an OS and software company. Not a social network or webbrowser builder. Does anyone remember Bing...? I don't ... mission impossible...
Facebook is a social network, a global community as I would rather call it. There are a lot of things that Facebook could do with their connections: create better understanding amongst people worldwide, becoming a global incubator, becoming a think-tank to tackle world problems, connecting countries and overcoming hunger... up to now Facebook has been interested in just a few things: adding data, making consumers more dependent on Facebook (my whole life is on it these days) and making money through advertising. But what if ...
- A new social network will emerge shortly that is easier in use and goes back to the essence why we embraced Facebook (no ads, or hardly any, just a tool to share your thoughts, experiences and photo's and follow your friends life virtually). Remember Instagram? They bought it... killing competition is sometimes more effective than fighting them.
- Apple moves into social...?
- YouTube moves into social...?
- Steam moves into social...?
- Zynga leaves Facebook...?
- Brands find out that using social media is not really all that effective as all the bullshit digital guru's (like myself) tell you...?
Zynga is responsible for about 17% of Facebook revenue. There are rumors that they will start their own social network (platform) providing free and paid casual games. Gaming takes 20% of consumers digital time these days, just like 'social networking'... and gaming is predicted to grow-and-grow-and-grow...
So... how long will consumers stay loyal to Facebook? I think just as long as they don't feel robbed and advertising doesn't take the fun out of the community... Still, I am not buying any shares...
Created by: MBAOnline.com
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