What is Causing the Fall in Facebook User Numbers?
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Damaging Numbers
Independent
research from the respected Social Bakers organization, publicized today,
indicated that Facebook are losing millions of users a month in their core
United States and United Kingdom markets.
In the
last month alone, 6million fewer people visited the site in the U.S. with the
UK figure coming in at a shortfall of 1.4million, a lower number but a larger
percentage of the overall user base. It is easy to pass off these numbers as
small considering that Facebook is still growing in other countries, but the
fact remains that in the markets where they have most interests, they are
quickly falling out of favor.
No one is
yet proclaiming that the site is set to ‘do a MySpace’ and become almost
obsolete, but there is definite cause for concern. What is driving people away
from Facebook?
Too Many Social Networks
At some
point, people were going to start using other social networks, especially given
how many there are in existence. The worry for Facebook might be that users are
flocking quickly to rivals such as Twitter and the up and coming Path social
network, rather than seeing users leave because of a general saturation of
social media.
Rumors Surrounding Pay Walls
The cat
is already out of the bag when it comes to costs attached to messaging
‘non-friends,’ but there are continuously rumors swirling around in cyberspace
that Facebook are increasingly looking for ways to monetize their users.
It is
only natural for a business to do that, especially one with shareholders to
answer to. However, the famous homepage promise of “It’s free and it always
will be” might come back to haunt the site if Facebook turns into what is
essentially a ‘freemium’ website with a healthy proportion of features behind
pay walls.
Everyone Already Has It
A more
positive outlook to take with Facebook is that we are today in the year 2013.
Anyone who has access to the internet, and wants to have a Facebook account,
will have one by now. Where else was there to go but down?
People
have been leaving Facebook for years, but the continuous flood of people
joining somewhat masked this. Now that the flood has stopped, the focus needs
to change from attracting new users to retaining and not alienating the ones
they have.
Facebook Graph Search
There is
great irony in the manner that new initiatives can drive people away. 2013 has
already seen Facebook lose users on account of their usage of users’
photographs, but the big hit has perhaps been the new Graph Search tool. Go to
any forum online where this is being discussed, and you are almost certain to
find people who have turned their back on Facebook due to Graph Search being
perceived as a further intrusion into privacy.
It might
be great for businesses and targeted marketing purposes, but consumers are
voting with their feet, or their fingers!
Facebook’s Future
While it
will take a huge shift in attitudes to see Facebook fall completely off the
radar, the latest analysis is not great. What is perhaps most telling is that
the company themselves are renowned for being ahead of the game, but as yet
have declined to comment on the Social Bakers analysis.
Facebook
will definitely have a future in the increasingly connected world, but it might
be playing a different role from the one they occupy today.
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