Sunday, June 9, 2013

Facebook's Reality Check: Death By A Thousand SnapChats? /ET\ Facebook Remains Most-Visited Social Media Site

Facebook's Reality Check: Death By A Thousand SnapChats?

Friend and collaborator Tom Lowery pointed me to an article this morning that set me back on my heels. Reuters reporter Alexei Oreskovic presents evidence that at nine years old, Facebook  is facing not just its “awkward teens”, but a full-on mid life crisis.
Statistically and anecdotally, Facebook continues to ride the charts as one of marketers’ most fruitful platforms. I’ve reported here that 66% of marketers have plans to market through Facebook in the coming months, topped only slightly by YouTube (at 69%) as thesocial media platform of choice.Could Facebook be facing “death by a million SnapChats?” (A quick nod to fellow contributor Eric Jackson who also used this terminology in his own article on Facebook earlier this week. His opinion: eventually and potentially, “Yes.”) Or worse, could it “pull a MySpace” and disappear from relevance entirely as the next shiny viral opportunity comes into play? A sudden shift could wreak business havoc on the plethora of companies currently investing in Facebook marketing plays.
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                                                EVEN THOUGH 

Facebook Remains Most-Visited Social Media Site


Consumers continue to spend more time on social networks than on any other category of Websites—roughly 20 percent of their total time online via PC, and 30 percent of total time online via mobile—according to Nielsen and NM Incite's latest Social Media Report.
Facebook remains the most-visited social network in the U.S. through PCs (152.2 million visitors), mobile apps (78.4 million users) and mobile Web (74.3 million visitors), and is multiple times the size of the next-largest social site across each platform. The site is also the top U.S. Web brand in terms of time spent, as some 17 percent of time spent online through personal computers is on Facebook, according to the study.\

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