All social networks are fashionable but how good the company is, is measured in time. The time that it is fashionable. Facebook has been with us since the year 2006. It soared rapidly to the peak of social technology and managed to have half a billion people on the network. They did not put advertising on it at the early stages so they had no income. When it was an officially 'cool' website Mark Zuckerburg decided to place adverts on site. Now it has one of the highest incomes of any business and the best business plan which could make it a sustainable company. It is multi-billion dollar business but will it still have this in four, two or even one year.
As I have mentioned before all these successes are for a period of time. Before Facebook there was something My-space. This was popular but since the arrival of the Facebook it has been completely erased as the leading social network. The question on every person's mind is will there be a network capable of challenging Facebook and eventually replace it.
The only way to achieve this is by improving some of the controversial topics surrounding Facebook such as privacy settings. They would also need a 'cool' and catchy name for the network. The only way to succeed is to think big but all companies have to start small. Facebook started in a University in America and expanded rapidly. Once you have one person saying it is 'cool' millions will follow.
If Facebook want to still be the leading power in this type of business they must get rid of the problems that fly over them at once. They must re-invent themselves and give the public something new that will capture their imagination.
After a long eight year reign over a billion computer screens the Facebook era could reach its end in the near future!
As I have mentioned before all these successes are for a period of time. Before Facebook there was something My-space. This was popular but since the arrival of the Facebook it has been completely erased as the leading social network. The question on every person's mind is will there be a network capable of challenging Facebook and eventually replace it.
The only way to achieve this is by improving some of the controversial topics surrounding Facebook such as privacy settings. They would also need a 'cool' and catchy name for the network. The only way to succeed is to think big but all companies have to start small. Facebook started in a University in America and expanded rapidly. Once you have one person saying it is 'cool' millions will follow.
If Facebook want to still be the leading power in this type of business they must get rid of the problems that fly over them at once. They must re-invent themselves and give the public something new that will capture their imagination.
After a long eight year reign over a billion computer screens the Facebook era could reach its end in the near future!
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