The reasons of why Facebook is not going anywhere
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Image: Facebook
Facebook is not going anywhere, they will only grow.
You don't know how many times I heard the sentence: "Facebook is dead, who uses Facebook?" well, a lot of people.
Facebook is by far the largest social media platform and will ever be the largest social media platform, even though they are doing everything to suppress the page admins and content creators.
Most of the teenagers don't use Facebook anymore, they went to Instagram and Snapchat. And we all know that Facebook owns Instagram and that Facebook tried to purchase Snapchat but they declined.
well, that was a really bad idea to decline, because Facebook did everything Snapchat did.
If Snapchat wants to survive, they need to reinvent themselves, which will be hard.
Facebook will do anything to survive, They are crashing their competitors one by one
Most of the people who use Facebook are people who finished college/university and older. Most of the young audience left Facebook, but they didn't lose them, because they are active on Instagram which is owned by Facebook.
The young audience that left Facebook, will be back to Facebook in a few years. when they reach the age of 22+-. It's a circle that will never end, No matter if some demographics are no longer active on Facebook, they will be active again when they get older.
Facebook is really effective when it comes to Advertising
Facebook's Ad Manager is just great and has a lot of amazing features that always improve. Facebook's adds features and update the ad manager all the time.
The ROAS is great if you know how to optimize the ads, which makes businesses keep advertising on Facebook and even consistently increasing their Facebook advertising budget. Facebook's revenue in 2017 was approx 40.65$ billion.
Conclusion -
Facebook won't die because the young audience left them for other platforms, they will do everything to get them back. if not to Facebook, so to Instagram or any other platform they will purchase in the future.
What are your thoughts? please let me know in the comments down below.
Facebook is a platform that can be suitable to anyone and easy to use this is its "charm"
very nice post I agree with you
Facebook is not going anywhere, they will only grow
Yes facebook is growing everyday with more members signup ,facebook wont die because it got more features like uploading pictures, like and share post also join community group ,earning on facebook with ads ....facebook advert is so so much effective .nice post from @yairdd i found this post interesting and informative
in the internet world, giants come and goes.
altavista once dominated search and then google came.
who remember babelfish which was the first automatic translation before google translate.
I believe the facebook will be replaced with a model of social network which reward their users with money, something like steemit but better.