(Topic ID: 200742)

Facebook replacing traditional Markets?

By phil-lee

6 years ago


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  • 89 posts
  • 46 Pinsiders participating
  • Latest reply 6 years ago by gtxjoe
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    #7 6 years ago

    No.

    Can't wait for the day FB crashes and burns, already in the downward spiral.

    #9 6 years ago
    Quoted from pezpunk:

    man just look at that downward spiral ....

    Clearly you are unaware how many accounts are fake or duplicate right? FB has been pushing fake numbers to keep the ad revenue coming in. FB even admits they have 83 to 140 million false accounts and that was 3 years ago.

    -5
    #13 6 years ago
    Quoted from pezpunk:

    first of all, they aren't the ones creating the fake accounts. they are trying to get rid of them. second ... 100 million fake accounts is a drop in the bucket. read the chart. they've got 2 billion active users per month after subtracting fakes.
    you desperately wanting a company to die and it actually dying are two different things.

    And how much FB traffic is in the United States? Less than 20%. You planning on buying a pin in India?

    I have no horse in the race, I'm merely pointing out that FB is going the way of MySpace and the trend is accelerating. Businesses are finding that traffic via FB and Google are fools gold and have stopped advertising on those platforms. Millennials are dropping FB like a hot rock, the old people hang out there. I have three so can vouch for that too.

    If you don't understand the people who have a financial stake in plumping up the numbers are providing the numbers.. well the only advice I can give you is never ask the barber if you need a haircut.

    -2
    #16 6 years ago
    Quoted from YeOldPinPlayer:

    Please provide evidence for your assertions.

    1) You could try googling "facts about facebook" for starters.

    2) Here are one or two pages :

    https://zephoria.com/top-15-valuable-facebook-statistics/
    https://venturebeat.com/2014/02/03/facebook-has-no-idea-how-many-fake-accounts-it-has-but-it-could-nearly-140m/

    Please read most articles carefully and note that FB... is often cited as the source for data which they have already admitted is suspect.

    Oh and the statistic for total FB traffic in the US is 17% not 20%.

    I deal with a lot of business owners and millennials, all are moving or moved away from FB. Too much drama and not enough business for the money is the common refrain. Kids use the hell out of Snapchat and move to the next big thing almost monthly.

    #17 6 years ago
    Quoted from pezpunk:

    wow he's so mad at facebook.

    Whos mad? I'm a realist.

    The giants of interwebs come and go all the time, it is the only constant. To imply the FB market is going to replace Ebay, CL, forum sales and shows for buying physical pins is ludicrous. It is a factor but hardly the major player.

    Remember when Altavista was the number one search engine? Or the ICQ chat program?

    I bet you don't but I have been around the tech fields long enough to remember them. Now they are just road kill on the information highway.

    #20 6 years ago
    Quoted from newmantjn:

    If you don't believe the numbers, why cite the article? odd logic.
    Interesting that your articles basically say the opposite of what you are saying:
    "According to SEC filing, for the first time, Facebook’s U.S. ad revenue will be larger than the biggest traditional media companies trailing only behind Google. "
    "Worldwide, there are over 2.07 billion monthly active Facebook users for Q3 2017 (Facebook MAUs) which is a 16 percent increase year over year"
    Regarding the fake accounts - so what? Subtract the 5% or whatever and you still have a crazy big number.

    1) I pointed out by their own admission there is a crazy number of fake accounts and also pointed out it is in their best interest to inflate the numbers. They are providing the data and if they say it is 11% I'd suspect it is higher than that. What part of "they have a financial stake in inflating the numbers" isn't clear? And there is no effective over sight. It isn't like FB has a clean track history, they admit to manipulation of users and information.

    2) They made a lot of money on ad revenue, so? What does that have to do with pin sales?

    3) Again, only 17% of FB traffic is in the USA, how does this translate into pin sales and available pins on the market for you and me? The number of users worldwide is a somewhat useless metric in regards to the subject we are discussing. The majority of people on FB in the USA are women trading selfies.

    #21 6 years ago
    Quoted from pezpunk:

    well you lost that bet. in 1997 i built the largest science data search engine on the internet at the time. hundreds of thousands of search requests per month (which was a ton at the time, especially for the niche of science data specialists). i've worked in this industry for 25 years. big swing and a miss on your part trying to play the expert card.

    Then I'm sure you will be able to rattle off dozens more examples.

    -4
    #25 6 years ago
    Quoted from pezpunk:

    examples of what? nobody believes your assertion that facebook is in a "death spiral". i don't have anything else to add.

    I seem to have hurt your feelings, my first down vote.

    Comeback in a year and tell me how great FB is doing. I know 3 people on FB, the rest have fled (myself included) as it has turned into a cesspool of mindless rantings and selfies of plates of food. Don't know about you but that doesn't sound like a recipe for success.

    1 week later
    #80 6 years ago
    Quoted from delt31:

    well while we're at it - I have a ps4 pro and 6 games (COD WW, Horizon, Wipeout, Uncharted 4, NHL 17, COD 4) for sale and controller. MINT condition PM me! ; ) $415 shipped.

    I'll see you and raise an Mattel Intelivision with games and controllers for $100 shipped

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