Facebook's Growing Problem

Posted by emd5005 under Online Marketing
From http://www.brandingstrategyinsider.com 5879 days ago
Made Hot by: waltgoshert on March 16, 2008 8:41 pm

A great blog post discussing why Facebook is going down, with a great analogy about fat guys in hip new bars. Check it out!

Who Voted for this Story

Top BizSugar Users

This week's most active BizSugar users. Join Them!

Comments

Written by ArmadaIG
5145 days ago

This is a pretty accurate assessment of what's happening to Facebook, but it doesn't necessarily mean that Facebook will fail because of it. In fact, it may do quite well in the long run. What's happening is that it's being dumped by the cool early adopters and is attracting the mass market. For example, I was surprised at an earlier post on BizSugar about how a large percentage of the wealthy have MySpace and Facebook profiles. Not a bad market to attract. In my town, the cool bars come and go, but the old tavern has been around for over 100 years. If Facebook plays its cards right, it may become the old tavern.

- 2 +