abstract engineer blogspot

  • Subscribe to our RSS feed.
  • Twitter
  • StumbleUpon
  • Reddit
  • Facebook
  • Digg

Friday, 3 August 2012

Facebook Monetization Strategy

Posted on 10:13 by hony
As of writing this, Facebook's share price is hovering around $20, about half of what it cost at the IPO. The problem many investors are having (explaining the subsequent drop in share price) is that Facebook's ability to generate revenue is questionable, and as their userbase plateaus in some areas...and is found to be fake in others...doubts arise about their value as a company.

This morning I got a text from a mystery number. Clearly the person knew me, and was aware of the goings-on of my Facebook profile because the text referenced something I had posted on a friend's page. But I did not know this person. Either they had a new number, or I'd lost the contact info when I flashed Jelly Bean onto my GNex, or both.

And after I found out which friend it was, I realized something: Facebook contacts never vanish. My sister gets married and changes her name...she still shows up in my friend list. My friend moves to Ohio and has a new address, he still shows up in my friend list. My buddy quits Verizon and moves to AT&T and gets a new cell phone number, he still shows up in my friend list. Despite changes in the data within it, our Facebook Friend List is immutable. And essential too; I was able to 'sync' my friends list with my phone and get cell phone numbers off of that sync.

Why aren't you charging for that, Facebook? Of course I appreciate things that are free. But having a list of all my contacts (that the contacts themselves helpfully update for me) and making that available to me, anywhere, is a pretty handy technology to have. One I'd pay a buck or two a month to keep. If Facebook could further refine it, say, by including a "Work People List" or something of that nature...I'd pay $10/month.

Facebook, are you listening?


_
Email ThisBlogThis!Share to XShare to Facebook
Posted in | No comments
Newer Post Older Post Home

0 comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Popular Posts

  • 5 Years
    Five years ago tomorrow I started this blog. I was working at a job I didn't particularly like nor found mentally fulfilling, and the bl...
  • This Tesla Love-Fest Has Got To End
    Over at The Oatmeal, a popular online comic, there's a sprawling, gushing graphic about Nikola Tesla. Inside it, Edison is referred to ...
  • I promise to stop writing about STEM soon. Just not yet.
    Imagine you are a tech company that makes widgets. You've gotten a factory in China to make the parts for the widgets for a tiny amount....
  • Evolutionary Politics
    If President Obama is reelected I see a clear example of specialization-elimination in effect here. Let's say each of the GOP primary ca...
  • In which I criticize the antiquated feelings of Ye Olde Mechanikal Engineer
    In a Lawrence Journal World blog, Dave Klamet writes about changing trends in education, especially the increasing competitiveness of non-A...
  • The Worst Science Idea of 2010 - Genspace Now Open For Disaster
    Here's the idea : Let's build a lab where anyone, literally anyone, can come and tinker with microorganisms. Better yet, let's m...
  • A Better Way To Cut College Costs
    End University athletics. _
  • Driverless Cars, Ctd
    The Atlantic pays Alexis Madrigal a lot of money to basically outline what I outlined for free TWO YEARS ago. This isn't a knock on Ma...
  • Links
    I've been terribly swamped with work the last week, and when I wasn't working, I was loudly defending gun rights. Subsequently, the ...
  • Staying abreast of technology
    TAE thinks that it is a good idea to embrace every new technology that emerges, be it Twitter, Facebook, mp3s, tablet PCs, and now the new M...

Blog Archive

  • ►  2013 (41)
    • ►  July (4)
    • ►  June (7)
    • ►  May (4)
    • ►  April (6)
    • ►  March (8)
    • ►  February (8)
    • ►  January (4)
  • ▼  2012 (91)
    • ►  December (8)
    • ►  November (5)
    • ►  October (11)
    • ►  September (8)
    • ▼  August (8)
      • Genius Engineers: Don't Settle.
      • Circumcision, Ctd UPDATED
      • My (NASA) Day Has Come!
      • Into the Cool Dawn Air; I Am But A Spectator
      • Celebrate.
      • Facebook Monetization Strategy
      • Mars!
      • In The Face Of An Old Dog
    • ►  July (3)
    • ►  June (10)
    • ►  May (12)
    • ►  April (3)
    • ►  March (9)
    • ►  February (10)
    • ►  January (4)
  • ►  2011 (205)
    • ►  December (11)
    • ►  November (14)
    • ►  October (10)
    • ►  September (18)
    • ►  August (18)
    • ►  July (10)
    • ►  June (15)
    • ►  May (11)
    • ►  April (32)
    • ►  March (24)
    • ►  February (16)
    • ►  January (26)
  • ►  2010 (163)
    • ►  December (20)
    • ►  November (20)
    • ►  October (23)
    • ►  September (28)
    • ►  August (28)
    • ►  July (29)
    • ►  June (15)
Powered by Blogger.

About Me

hony
View my complete profile