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#21 | ||
Pompous Ass Hillbilly
Male Join Date: Oct 2008
Location: North Carolina
Posts: 27,011
CockyCash: 262 ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
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They became popular and hot because, initially, facebook was not for everyone. Facebook was for cliques within Harvard, then became a Harvard thing, then became a Universities thing and kept opening access from there. And they opened the doors for free instead of making people pay for exclusivity. I believe facebook can become the online concierge, travel agent, deal hunter, diner's club, AAA-club, preferred shopper, insider information, ticket scalping, Christmas/birthday present recommending virtual broker for the consumer. Facebook does well what companies have been trying to do for ages: they survey audiences and can pinpoint down to the single person what the people want and how much they are willing to pay for it. So in theory, a virtual store can offer an item or service and give the consumer an almost individual price point based on each individual or groups' interest. The consumer gives this information voluntarily, candidly and thoroughly way beyond what they would give on a registration form, comment card or cold call. so I think facebook will introduce content and services that are free and also content and services the facebook user can pay for. They will find a way to make this exclusive portion of facebook relatively cheap and may even make it not an option for a significant portion of the populous (at least in the short term).
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#22 | |
Apparent Sunshine Pumper
Male Join Date: Jan 2014
Location: On $100 mill of cash
Posts: 13,790
CockyCash: 1000062190122800 ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
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"I'd rather be anywhere other than Clemson." Vendable Bow Youtube Vendable Bow Twitter Last edited by Gamecocks1137; 01-20-2014 at 01:52 AM.. |
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#23 |
Household Name
Male Join Date: Aug 2008
Location: Sacramento, CA
Posts: 6,754
CockyCash: 10590 ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
![]() I quit FB months ago. A lady I work with, her son-in-law is a big wig at FB in charge of sales and revenues. I think FB has changed so much lately to start earning money that it's turned people off.
I haven't missed FB at all since I stopped using it. It's a time suck. I think FB will continue to be used less by people. It will never go away but I think people will tire of it. However, the key for the stock is the revenue it generates. FB will be used enough by people that it won't tank but where is the balance between profit and their community that its value goes up? |
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