1. Introduction In recent years we can see that social networking sites are gaining popularity as particularly in business environment. For the growth of social networking sites; sky is the limit. The very first social networking website came in the market just a decade ago, since then the way we communicate with other people has also changed. Social Networking sites like Facebook, Linkedin, Twitter and many more are so well-established in this contemporary digital globe that they are blended in our daily routine very easily.
It’s one of the most successful start-up companies of all time by market capitalization, revenue, growth and cultural impact. Instagram was created by Kevin Systrom and Mike Krieger and was later launched in October 2010. The Instagram service rapidly gai... ... middle of paper ... ... you liked best, and can't see a side-by-side comparison. Instagram does include tools for further sharing your image in one show with multiple social networks. Record Tweets & Pictures in Companies Instagram Record 2013 With more than 150 million users worldwide and around 55 million photos posted every day, Instagram is a perfect way to look back at the year that has almost gone.
Besides the elite list of celebrities and famous companies such as Google or The New York Times using social media sites as an outlet to gain customers, one of the main reasons it is so successful is its worldwide and global appeal. People from first and third world countries are aware of it, and statistics show that one in every nine people on Earth is on Facebook, and Twitter is adding up to 500,000 users each day. Search engine giant Google, perhaps the most famous name on the internet has started their own social networking experiment, Google+, which experts have predicted will also become a powerhouse. Everything now a day is marketed, from the water we drink, the food we eat and the clothes we wear. Marketing not only establishes brand recognitio... ... middle of paper ... ...eshare.net/HorizonWatching/social-media-101-social-media-disasters.
Zuckerberg (2012) states that as a result of the change in business, the Facebook brand with be expanded, while also becoming competitor orientated. Lastly, this paper will conclude by explaining the impact those factors like customer/competitor orientation and branding, have on the sustainability and corporate value of an organisation like Facebook. The multi-billion dollar non-commercial business ‘Facebook’ is one of the biggest competitors within the social media market and is visited approximately by 400 million users monthly, (Carlson 2010). Quickly reaching Facebook’s level of popularity, Instagram’s user base is made up of 200 million members, with over 20 billion posts made within two years (Instagram blog 2014). This rapid level of success sparked interest from other businesses like Google (Constine et al.
Now, as many as nine hundred million users visit on a monthly basis (eBiz). Facebook’s success introduced many new updates in the past years. From social games to contacting friends from across the globe, Facebook kept pushing technology; making it number one of the fifteen most successful social media (eBiz).Popularity did not just come from the wide variety of activities, but the easy setup of the site. It is so simple; a thirteen year old can use it. It did not take long for most of all the MySpace users to switch to Facebook.
Social Networking plays an important role within our global society. It allows individuals to connect with each other, keep in touch with old friends, and gives society the ability to explore your interests and hobbies. The famous social networking site, Facebook, has swept the social media scene since its establishment in 2004. Recently, Facebook has accumulated billions of dollars in the global market. Shandi Raice reports that Facebook’s worth will rise to 140 billion dollars by 2015.
In theory, on October 2003, Facebook actually started from the idea of Facemash. Facemash uploaded by Mark Zuckerberg was only available for Harvard students where they compared two students and stated whether they were hot or not. Mark was able to upload more student pictures by hacking into the Harvard database where student profiles were contained. However, day’s later outraged students demanded Zuckerberg shut down the site. But one thing was clear, people like to go on the Internet and check out pictures of their friends.
Moreover, 30 million users logging Facebook through their mobile devices. This all makes Facebook one the most popular networking website on the internet.People use facebook primarily to communicate with their friends and relatives. Facebook provides such good environment of social communication. In this essay, I am going to discuss a number of ideas about facebook.First, I am going to define facebook as a social network. Secondly, I am going to discuss positives facebook.Third, I am going to discuss negatives of facebook.
Twitter In today’s tech world, we are ever so interconnected to the internet with our smart phones and tablets. We are one tap away from reading the daily news, two clicks from the current weather forecast, and a voice command away from updating our status on our favorite social network. The ease of the internet and the ability to talk to real people from all over the world is astonishing. With over 7 billion internet users as of 2012, 230 million actively use one of the most popular social networking sites on the internet—Twitter. Twitter is the latest and seemly most popular social network to teens.
Mark Zuckerberg was in his early twenties when he first launched The Facebook from his dorm room at Harvard University in 2004. Zuckerberg was an extremely bright university student and was able to read and write four different languages. Zuckerberg also had won many previous awards in math, astronomy and physics. Facebook is a relatively new and has certainly made an impact on our lives. Facebook as changed the way young people today communicate.