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Facebook
1.
2. Facebook
Social networking sites
Means “A directory with photos and basic information.”
Founded: Cambridge, Massachusetts(feb 4,2004)
Founder: Mark Zuckerberg (CEO)
Eduardo Saverin
Dustin Moskovitz
Chris Hughes
Headquarters: currently being moved to Menlo
Park, California, U.S.
3. History
Facebook incorporated in the summer of 2004.
Purchased the domain name facebook.com in 2005 for
$200,000.
launched a high-school version in Sept 2005.
Opened to everyone of age 13 and older with a valid email
address on sept 26,2006.
October 24, 2007, Microsoft purchased a 1.6% share of
Facebook for $240 million, giving Facebook a total
implied value of around $15 billion.
4. History (contd..)
Nov 2010, Facebook's value was $41 billion and became
the 3rd largest US web company after Google and Amazon
As of April 2011, Facebook has over 2,000
employees, and offices in 15 countries.
10. Advantages
Advertising/marketing inexpensively
1 to 1 marketing/advertising via messaging & posting
information on group boards
$10 a day, college wide marketing
Excellent networking opportunity
For students
For professionals
Keep in touch with students, alumni and/or peers who
have graduated or are at other institutions
Monitoring the students – follow up on investigations
Opportunities for learning and student development
where we can engage our students „on their terms‟ and talk
to them on a level they can completely understand and relate
to.
11. Statistics
People on Facebook:
More than 800 million active users
More than 50% of our active users log on to Facebook in any
given day
Average user has 130 friends
Activity on Facebook:
More than 900 million objects that people interact with
(pages, groups, events and community pages)
Average user is connected to 80 community pages, groups and
events
On average, more than 250 million photos are uploaded per day
12. Statistics(contd..)
Global Reach:
More than 70 languages available on the site
More than 75% of users are outside of the United States
Over 300,000 users helped translate the site through the translations
application
Platform:
On average, people on Facebook install apps more than 20 million
times every day
Every month, more than 500 million people use an app on Facebook
or experience Facebook Platform on other websites
More than 7 million apps and websites are integrated with Facebook
13. Total active users
Date Users (in millions) Monthly growth (%)
August 26, 2008 100 178.38 %
April 8, 2009 200 13.33%
September 15, 2009 300 9.38 %
February 5, 2010 400 6.99 %
July 21, 2010 500 4.52 %
January 5, 2011 600 3.57 %
May 30, 2011 700 3.45 %
September 22, 2011 800 3.73 %
14. Facebook popularity
Active users of Facebook
increased from just a million
in 2004 to over 750 million
in 2011
18. Comparison(contd..)
NAME:
CONTENT: FACEBOOK TWITTER GOOGLE+ LINLEDIN
Critical mass Following Segmenting Professional
Keeping up interests your life information
STRENGHTS: with family,
friends & Brevity Video chats LinkedIn
acquaintance and hangouts Today
Brand
promotion Integration
Ease of with the rest of
engagement Google
Segmenting Brevity Lack of brevity Sharing is still
your life Potential Lack of critical limited
WEEKNESS: Privacy overload mass
Data export Platform No compelling
Following itself reason
issues Analytics
19. PROS CONS
Application mashup Easy to navigate and
More emphasis on deep connections update
having private and public profiles Reach far beyond your
FACEBOOK Huge, rapidly growing installed user inner circle of friends
base Pure communication
Inherit stickiness tool, rapid responsiveness
Very interactive,
extensible messaging
platform with open APIs
Requires investment of time to Limited functionality
realize sustained benefit Limited to 140 characters
Overhead of mashup per update
TWITTER Less immediate responses Over-emphasis on
Requires investment of time follower counts
Relatively smaller
installed user base
Easily abused for spam
21. Conclusion
Appeals to social animals and can be very addicting to
people who have an insatiable appetite to stay
connected with friends and make new acquaintances.
Gives a single alternative to all the applications, with
one login and interface to manage their online social
interaction needs