Thursday, May 23, 2013

Could Facebook be losing grounds?


 
A Pew Research Center report reflects a migrating enthusiasm and trend of teenagers away from Facebook and towards Twitter and Instagram.  According to the report, 94% of teens still use Facebook despite their complaints.  However, they view Facebook as a rather “stressful” community, having to be under their parents’ watchful eye, as 70% of teens say that they are Facebook friends with their parents.     
Successful and popular brands, like Facebook, can also have their loss of share at one point.  This allows competitors, like Twitter and Instagram, to gain winning grounds and increase their share.  This is how the competitive game goes. 
Always be alert and close to your customers.  There is only a fine line between your direct competitor and yourself…

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