Jeremy
My Prediction - Facebook Will Be Larger Than Myspace In 3 Years
by
on 10-16-2008 at 04:43 PM (126 Views)
Although I have been involved in internet marketing for several years now, I have to admit, when all these social networking sites started popping up, I wasn't that impressed, and to be honest most still don't impress me.
I think I was initially turned off to the idea because my only exposure to social networking was myspace. Now keep in mind, I never had a personal myspace account, but I did have several hundreds of accounts for marketing purposes. Myself and Kyle Healey also operated a myspace resource site that drove over 30,000 visitors per day looking for some of the dumbest shit I have ever heard of for their myspace pages.
In my opinion, giving 15 year old kids the ability to change the html of their pages, add music, and alter backgrounds was the dumbest thing in the world. Plus, just the fact that I could run hundreds of friend adders, set up multiple fake accounts, and blatently spam comments meant that 1000's of other marketers were probably doing the same thing. Oops, it looks like Kyle and I were part of the problem, not the solution!
We ended up getting out of the myspace business and selling our sites for a healthy 5 figure profit a little over a year ago. I am 100% certain though, we jumped ship at just the absolute right time.
So having the paradigm that social networking sites are all filled with spam and awful graphics, I was somehow still talked into joining facebook. I was pleasently surprised though that facebook is nothing like Myspace. It's somewhat of a mix between linkedin and myspace. Almost everyone I know has their business contacts as well as personal contacts on their facebook accounts.
Through facebook I have been able to keep up with relatives I have not seen in years as well as friends I graduated high school with over 14 years ago.... <----- (getting old) A lot of these people I would never have correspondence with for the rest of my life if it weren't for facebook.
I'm still not sold on all the goofy applications and adolescent stuff like my buddy Brandon Berndt is. But overall I do have to admit that facebook is pretty cool. Unlike Myspace, throughout the last couple years Facebook has been able to develop a social network that is professional and allows people to keep up with their friends, family, and business contacts without having to send emails or pick up the phone.
Some may argue that this is less personable, but I would argue right back that it allows you to keep up with the people whom you would never call or email otherwise.
It is still a bit of shock and awe though when I see people like my mom, who can barely turn on a computer blowing my FB chat up. In the coming years I think it will be very hard for any social network to compete with Facebook. This is why I am making my prediction right now that in 3 years (October 16th, 2011) or before, Facebook will be exponentially larger than Myspace in terms of users.
I am accepting any wagers or prop bets on this as well, borrow if you have to! With facebook now over 100 million users strong, they are starting to focus their efforts internationally and getting into translation. They're next 100 million users should be right around the corner.
Feel free to share your thoughts on facebook versus myspace or if you agree with my prediction.
Here is my Facebook Page.
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