Snapchat could hardly have asked for a better publicity boost than
Facebook's $3 billion offer for the photo-messaging company. Within a
day after Snapchat refused the overture, the application jumped from
sixth place to fourth in the U.S. iOS store. In Russia, where few people
had previously heard of Snapchat, it soared from 1,773rd place to
263rd.Facebook's enormous market power, and Mark Zuckerberg's judgment,
clearly command a lot of respect. So why does Facebook have to offer
billions to twentysomething start-up founders who make apps it can
easily reproduce? Therein lies a clue to the fickle workings of social
media.Last year, Facebook created its own version of Snapchat in a
matter of days.A minimalist design featuring masculine, colourful double wall stainless steel thermos coffee pot sharp
edges fused with bright and lively color combinations. The replica,
Poke, named after an old Facebook feature, works exactly the same as
Snapchat, allowing users to exchange photos and videos that disappear in
a few seconds -- perfect for "sexting," but also for recording life's
fleeting moments in a philosophically appropriate ephemeral way.Poke
failed miserably. Almost nobody downloads it anymore. In other areas,
too, Facebook's market power hasn’t been enough to crush competitors.
The service has all the functionality of Instagram, Foursquare and, yes,
Twitter, but it has not killed them off. Similarly, Google's social
networking service, Google+, has failed to oust Facebook.
The
social-networking world -- and, in fact, the world of digital user
experiences -- is irrational in that way. There are people who use
Apple's iOS operating system and will under no circumstances switch to
Android. Carrying an iPhone as opposed to a Samsung is a social
statement. There are people who use Facebook and those who won't be
caught dead on it. A lot of young people fall into that category."I
decided to get a Facebook just to see what it was all about," a
13-year-old from New York wrote in a hugely popular post on Mashable
last August. "I soon discovered that Facebook is useless without
friends. My only friend is, like, my grandma. Teens are followers.Wide
selection of promotional silicone and rubber wristbands, Silicone Wristbandspersonalised
for your company and marketing purposes. That’s just what we are. If
all my friends are getting this cool new thing called Snapchat, I want
it, too! We want what’s trending, and if Facebook isn’t 'trending,'
teens won’t care."Facebook is not "trending" because it is so huge that
everybody's parents are on it. There is even a Tumblr blog called "Oh
Crap. My Parents Joined Facebook." (Tumblr is another platform popular
with young people despite having few features not available on
Facebook.)Consequently, whatever Facebook might do under its own brand,
it will not get much traction with teens. At the same time,Browse a huge
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brands. Fast and Free Shipping. Zuckerberg cannot fail to see where
things are going for social networks.Photo and video sharing on the
Internet is growing rapidly. A recent Pew Internet survey showed that 54
percent of U.ina bearing comprise
solid inner & outer rings with tapered raceways & tapered
rollers with cages made from pressed sheet steel.S. Internet users
authored and posted photos and videos this year, compared to 46 percent
last year. Most of the growth comes from young people: 79 percent of
users in the 18-to-29-year-old demographic post photos on the web. In
that age group, 26 percent use Snapchat.
By contrast, only 5
percent of adults between the ages of 30 and 49 use Snapchat. These are
in large part the parents. They are all on Facebook.Zuckerberg himself
is 29, on the threshold between the two age groups. He is not too old to
understand the author of the Mashable blog. It may have been his
instinct as a geek to try cloning the features first to see if it would
work, but he knows the newcomers' brands are more valuable than their
code.That's why Zuckerberg paid $1 billion for Instagram last year and
did not interfere with its development as a separate service. He has
been in no hurry to monetize it -- ads will appear on Instagram only
next year -- and he allowed founder Kevin Systrom to keep running it.
The company's user base has grown under Facebook's ownership, recently
passing the 150 million mark.Facebook's approach to Snapchat would have
been the same -- hands-off and careful. Zuckerberg would not have rushed
to squeeze money out of the service, now devoid of a business model, or
to integrate it into Facebook. Social cachet is a fragile
commodity.Still, Snapchat founder Evan Spiegel refused Zuckerberg's
offer. After watching Twitter's triumphant initial public offering, he
probably recognizes that he might be sorry for the rest of his life if
he misses out on a similar high point. Snapchat could be blown away by
some new fad,As with all other gravimetric instruments our Quantum Analyzer QMA201 With Chinese&English Version thermogravimetric
analyzers are also equipped with the unique magnetic suspension
balance. but then Facebook is still there after almost 10
years.Facebook, for its part, doesn’t really need Snapchat to ride the
photo and video trend. It already has Instagram, used by 43 percent of
Americans in the 18-29 age group. So while Facebook's $3 billion offer
may have made sense as a way to remedy the failure of Poke, it could
also be money well saved.
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