Tuesday, April 23, 2013

Teens Dump Facebook in Droves

Well I guess teens of today are just not the same thing as teens of 5 years ago.

The chart shows that the 18-24 year old group lost the largest amount of users in the last 3 months at over 2 million. The second largest group was the 25-34 year olds at nearly 2 million users. Ironically the only group to gain was the 65+ year old group that likely diminishes the younger groups desire to stay on the site. Its one think to deal with a nosy parent, but showing your wild party pics to your grandparents is a whole different issue.

So older people take up Facebook as their kids and grand-kids start to jump ship like crazy? That does not bode well for Facebook and it doesn't take a Facebook Phone to stop the slow bleedout. I don't agree with this statement though:

As with all of the monetization plans of Facebook, the investment community always overlooks the number one fact. All social networks eventually die whether a virtual network such as MySpace or a real world network of high school or college friends.

Social Networks don't die but merely morph into something different. I think the idea of Facebook connecting you with 100s of "friends" was overrated. Most people only have a few close friends and you don't need Facebook to interact with them. If I want to contact my friend I just text them or call them. If they moved away I would Skype them.

I remember Zuckerberg saying when he was rolling out the Graphs Search function saying you can use it to search for the word Paris. Then your friend's Paris trip photos and info would pop up. He made it sound like you didn't even know your friend went to Paris. That really isn't a friend but an acquaintance at best. If a good friend went to Paris you probably had a way to look at their pictures in real time via text or connect to a 100 different picture sharing sites. People are just bored of Facebook and every user they lose is a loss for life.

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