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Is Facebook Dead

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Submitted By lauxsh
Words 353
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Facebook creates many openings for businesses to effectively develop. The vast amount of information available about their consumers enables businesses to frequently adapt to the consumers wants and needs.
Other social media platforms such as Twitter, which has become very popular of the last couple years, will have decreased the daily browsing time spent on Facebook. However the constant advertising which can be directed towards a target market allows businesses to reach out to consumers who are much more likely to be interested. This inexpensive form of marketing however requires thought as what once was inexpensive marketing can quickly become junk advertising and turn future and previous consumers to another direction.
With 757 million active users daily (thenextweb.com), businesses can develop through building brand loyalty. As a form of communication between the two, consumers are able to like posts on the Facebook page. Businesses are instantly able to see the ideas consumers are interested in, and amend plans for the future to fit appropriately. Users online seem to be much more open and this will benefit businesses as their consumers will comment with much more honesty on whatever products or service they provide.
Additionally businesses are able to spy on their competition, allowing them to keep up to date on other businesses ideas, popularity and direction for the future. Competition can be very detrimental to a business in its development, therefore knowing the competition can help avoid any problems that may occur in the future.
In recent years Facebook has become to be known for its junk advertising and is considered ‘dead’ by many in terms of social communication. However in terms of providing a platform for businesses to develop by gaining a huge library of knowledge of their consumer’s interests and an inexpensive form of marketing. 42% of

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