Monday, July 4, 2011

The decline of Facebook?

“All good things must come to an end” goes the phrase, but is the beginning of the end up for Facebook?

I’ve currently no hard statistics to back up my claim, but I suspect we are now seeing the peak in Facebook’s: domination, user numbers and therefore its hugely-overated potential market valuation.
Why do I say this? Well, for two reasons:

1. Twitter
What started off as an also-run to Facebook as a way of connecting everyone is now turning out to be an increasingly-popular communication tool. For me it has replaced SMS for a lot of my messaging needs and now is the first social media platform I check before I get out of bed in the mornings (and indeed the only one I consume until the car radio goes on as I drive off to client offices).

2. Google Plus
Let’s face it, it took a while for Google to get there and indeed a lot of people (including me) still don’t have access to it… as it is still in ‘limited field trial’. However, if the Demo (http://www.google.com/+/demo/) is some indication, then further attention will be quickly drawn away from Facebook to Google Plus.

And where will this leave Facebook… well only time will tell and I wouldn’t start drawing any comparisons with MySpace just yet (at least not until everyone who requested access has tried and complained about Google Plus).
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