When we consider the numerous social media platforms that have emerged in the previous decade and those that have disappeared in the same time period, we find that only a select few have endured for the long haul.
Facebook’s meteoric rise since its 2004 launch, when it catered mostly to college students, makes it clear that it has emerged as the most widely used platform.
Today, experts are quick to point out that Facebook is too massive to survive on its own, and that users are leaving the platform in favour of more niche alternatives that offer the kinds of material they want to consume on a regular basis.
Do we know that to be true? Is Facebook going the way of MySpace, where it became a marketing wasteland before its demise? Is it still a good option for advertising?
Facebook has replaced in-person interactions with virtual ones. In the eyes of many, it has rendered face-to-face interaction and dialogue nearly unnecessary.
The majority of individuals say they feel more alone and lonely than ever before.
Even so, Facebook continues to attract over a billion users who log in at least once a month. It may be too soon to make a definitive statement regarding Facebook’s future.
Since Facebook’s birth, its popularity and pervasiveness have skyrocketed, forcing businesses to adopt marketing techniques that suit its arena, including mobile marketing.
The practise is still very much alive and well in the present day, and Facebook’s recent moves appear to indicate a trend in both ways. The plus side is improved visibility for sponsored posts and more sophisticated algorithms that can tailor advertisements to a user’s specific interests as they relate to their Facebook and wider web activity.
Nevertheless, owing to a new structure that demands smaller companies to pay Facebook money every post to have their material delivered to more than simply a proportion of their followers, they have been compelled to completely remodel their Facebook sites.
What happens if you wait until it’s too late to create a Facebook marketing strategy?
Perhaps there isn’t a concrete solution to this issue since it’s too open-ended. It has been suggested that Facebook may have reached its limit in the United States, with younger users increasingly gravitating towards Instagram, Google Plus, and Twitter.
Yet, user growth is still on the increase in Asia and elsewhere, so Facebook’s management and marketers are scurrying to come up with new strategies to attract and retain these users.
Now, if I may say it again, here’s the thing: More than a billion people use Facebook every single month.
Leave demographics and market research behind; all you need is the appropriate message to spread among your Facebook fans, and it will spread like wildfire, reaching more and more people.
Naturally, there must be a drawback to such a level of saturation, and there is. You may be thinking if you should join the hundreds, if not millions, of other businesses and people that are all striving to do the same thing.
Standard measurements simply have a poor likelihood of functioning on the ordinary Facebook user because of their habit of scrolling past adverts and marketing messages cleverly disguised as information.
In terms of potential reach, Facebook is a whale of an audience, but you’ll need something genuinely exceptional to get their attention.
Is it worthwhile to keep planning Facebook strategies?
In any case, while there are still so many consistent users. If generating genuine excitement among users is your top priority, you may be better to focus your efforts on a customers on a different social media platform.