I agree. And part of their strategy moving forward is going to have to revolve around transferring the energy towards giving users their initial feeling of fun back. If that means losing a few dollars to save the brand, that might not be such a bad choice.
Re: Should Amazon be the source of the ire?
chapAnjou
6/7/2012 1:17:49 PM
"Because FB's product is data"
Bingo! That's something that's lost on a lot of people...FB isn't about what their mission statement says: "Facebook helps you connect and share with the people in your life."
They're about taking your data and doing things with it, whether targeting ads, or filtering things into your newsfeeds. It's about providing a new avenue for advertisers to reach an audience by making them feel like a part of your life.
Re: Should Amazon be the source of the ire?
chapAnjou
6/7/2012 1:14:26 PM
"The creation of fake FB accounts, this is certainly a distortion of what Mark Zuckerberg has himself promoted--specifically that Facebook is a tool for relating with authenticity, for creating a seamlessness--an integration--amongst our work, personal, professional and family personas/roles. "
@Wendy, the fact that Zuckerberg himself is creating accounts for pets and whatnot just goes to show that social networking isn't about intergrating the various aspects of your life, it's about putting yourself out there in a gloating fashion.
Re: Should Amazon be the source of the ire?
Noreen Seebacher
6/7/2012 1:12:43 PM
Because FB's product is data-and the more users it has, the greater volume of data and that makes the company more valuable
Re: and down it goes
chapAnjou
6/7/2012 1:07:51 PM
"Facebook tumbled to a record intraday low after Sanford C. Bernstein & Co. initiated coverage with an underperform rating and a $25 target price. As of 1:30pm EDT, it's at $26.65.
Thoughts, folks?"
@Noreen, my thought is that this is only the beginning. I truly believe that this is the beginning of the end for FB. All it takes is the slightest thing to sway public opinion out of your favor and this is much more than just a slight thing...
As other people have pointed out in various threads, there was a time when MySpace was the biggest thing on the web...doing the same thing as FB...and now they're rarely mentioned.
Re: Should Amazon be the source of the ire?
chapAnjou
6/7/2012 1:06:23 PM
"I know a lot of people who do that. Guess FB has fewer users than it wants you to think."
@Tenacious, now why would they possibly want people to think they have more users than they actually do?
Anyone have any thoughts on this?
Re: Should Amazon be the source of the ire?
chapAnjou
6/7/2012 1:04:41 PM
"Made up names. Dead grandparents, fictional characters, alter egos. There's no verification. All you need is a valid email. And how easy is that to get?"
@Noreen, this is a very good point that is rarely brought up. I would love to see how many real users FB has. I'm sure the number is still staggering, but removing a significant chunk of fake users would put a huge dent into FB's reported user base.
The site I work for recently saw its pinterest users drop off dramatically because pinterest went through and wiped out duplicate, inactive and spam accounts...I wonder if FB has the guts to do the same.
Re: Heavy Petting
chapAnjou
6/7/2012 12:02:09 PM
"I think to maintain it and provide daily support is more challenge, especially if the API is used for social media and network. It needs lots of effort."
@mInvestor, exactly. The whole development of the API is crazy to begin with, but FB isn't doing itself any favors by switching things up whenever it feels like it. The perfect example of this was seen when they just decided to get rid of FBML and focus on standard web languages...people had to unlearn what they'd learned...not exactly the best way to endear yourself to a dev...
Noreen, I totally agree with this statement. FB used to be ok, but now its full of rumors and gossip and fake accounts...honestly, I am waiting on the "next big thing" also.
The creation of fake FB accounts, this is certainly a distortion of what Mark Zuckerberg has himself promoted--specifically that Facebook is a tool for relating with authenticity, for creating a seamlessness--an integration--amongst our work, personal, professional and family personas/roles. Honesty and consistency, we could use a lot more of these behaviors; unfortunately, what is good for the goose has not been good for the gander, and it is disingenousness that has become pervasive, on many levels.
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