What's the Next Facebook Infographic Scores the Top Competitors
Elise Ying-Hei Ho — November 29, 2012 — Social Media
References: visual.ly
As Facebook steadily declines in social media rankings, the What's the Next Facebook infographic investigates to see which platform will take the reins next. Though Facebook was once the reigning champion of social media outlets, its popularity has been slowly declining due to the disappointing IPO release and privacy issues users are constantly experiencing. With competitive sites like Twitter and LinkedIn hot on its tail and other challengers like Yahoo, AOL and Google Plus, it's only a matter of time before they oust the social networking site.
The What's the Next Facebook infographic does not crown a winner, but presents the information via its rankings based on public information and timelines from each platform. While the average visits per minute for other sites cannot compare to Facebook's, the dominating domain cannot hold the position much longer unless it fixes some of the kinks in the system.
The What's the Next Facebook infographic does not crown a winner, but presents the information via its rankings based on public information and timelines from each platform. While the average visits per minute for other sites cannot compare to Facebook's, the dominating domain cannot hold the position much longer unless it fixes some of the kinks in the system.
Trend Themes
1. Rising Social Media Platforms - Platforms such as Twitter, LinkedIn, Yahoo, AOL and Google Plus could become the next leading social media outlets.
2. Privacy-centered Social Media - New social media platforms that prioritize user privacy could disrupt the market, filling the gap left by declining giants like Facebook.
3. Micro-social Media Platforms - Niche social media platforms that cater to specific interests and communities could steal market share from larger, more generalized platforms like Facebook and Twitter.
Industry Implications
1. Social Media - Social media companies need to continuously innovate and amplify value for users in order to maintain marketshare.
2. Technology - Advancements in technology will enable the development of new social media platforms and disrupt the current market.
3. Data Privacy & Security - Companies that prioritize user privacy and security will have an advantage in the social media market, as consumers become increasingly concerned about data privacy.
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