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Social media: Facebook,
   the 800-lb. gorilla
 Trends in Communication & Information Technology
                    JOUR 4871-003
For Facebook, Twitter, social-media skills,
        attend this on Monday!

      Monday, Oct. 15, 11:30am-1pm - Armory 201

      dLab Workshop: Social Media Tools &
      Data for Reporting and Research
      Guest trainer: Dan Petty
      Social media editor, Denver Post/Digital First Media

      REGISTER: http://cu-dlab6.eventbrite.com
1 BILLION active users worldwide (last week)
2.5 billion (approx.) people using the Internet
worldwide
600 million access FB with mobile devices
Doubled user base in 2 years!




     How much higher?
    Too big (now) to fail?
Facebook’s fastest-growing countries
How do you use Facebook ?

Check Facebook:       Post to Facebook:
  Never                 Never
  Seldom                Seldom
  Few times a month     Few times a month
  Every week            Every week
  Daily                 Daily
  Few times a day       Few times a day
  Many times a day      Many times a day
How do you use Facebook ?

Check Facebook          Post to Facebook
most often:             most often:
  On Mac/PC               On Mac/PC
  Tablet                  Tablet
  Mobile phone            Mobile phone


Mobile device:          Mobile device:
  Mobile site (HTML5)     Mobile site (HTML5)
  iOS native app          iOS native app
  Android native app      Android native app
More Facebook users now on mobile than PC
                 Ages 15-25 (American FB users):
    56% access Facebook most often from a smartphone or tablet
                 (Women: 61% - Men: 51%)
        PROJECTION FOR 2013: 76% of women, 62% of men




            Macquarie Research
How do you use Facebook for news?

News you view         Of these, where
or read because       do you get MOST
of Facebook:          of your news?

  I don’t get news      Newspaper (print)
  from Facebook         TV news
  News links            Radio news
  MOSTLY from
                        News websites (PC/Mac)
  friends, family
                        News sites/apps (mobile)
  News links
  MOSTLY from news      Facebook
  orgs, journalists     Twitter
Facebook users get fewer news referrals
    from news orgs than on Twitter
Facebook trends

American adults under 30:
Social media as a primary source
of daily news...
(Pew Research Center for the People & The Press, Sept. 2012)



    Far surpassed newspapers, radio
    Equaled TV
    33% of young adults get news from
    social networks
    34% watch TV news
    13% read print or digital newspapers
Facebook’s money problem
 Contextual ads in right     World is moving quickly to mobile ...
column not working well     Facebook isn’t monetizing mobile well
enough (bad placement)       yet ... 7 months ago, NO mobile ads
One new step in $ chase: Charge users to advertise


                            FACEBOOK
                            GOES
                            FREEMIUM!

                            $7 to have a FB post
                            get high placement in
                            friends’ feeds,
                            to be sure they see it
‘Want’ button added (new as of Monday)




A new button will soon turn up on the Facebook sites of some stores: a
"want" button, which will let people select goods they hope to purchase or
find interesting.
Possible FB revenue source? ... Revenue potential for media companies,
not just retailers? (e.g., Engadget blog)
How will Facebook tackle mobile?



"We've transitioned,
and are now a
mobile company."
                   – Mark Zuckerberg,
                      Facebook CEO
                       Sept. 11, 2012
How will Facebook tackle mobile?

FB knows a LOT about you (posts, likes...)

FB mobile: will know your location

FB deal with Datalogix: off-line purchases
tracked (e.g., your drug store purchases)

FB mobile could target an ad knowing what you
tend to buy PLUS your current location ...
Powerful!

Zuckerberg: “We
            think we'll make a lot
more money than on the desktop”
(Sept. 11, 2012)
What will Facebook do with facial recognition?

     FB purchased Face.com (facial recognition)
     Face.com technology already used to identify
     people in billions of photos on Facebook (We
     know that; don’t know how FB plans to use it)
     POSSIBLE: Identifies photo of you...
     • Holding a Red Bull at a party
     • Skiing ... skateboarding ... etc.
     • Target ads based on that knowledge of you
     LIKELY: Store/bar/restaurant camera ID’s you;
     offers mobile discount (Opt in)
     Had to shut down FB facial recognition in Europe

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TKclass Social media 2: Facebook

  • 1. Social media: Facebook, the 800-lb. gorilla Trends in Communication & Information Technology JOUR 4871-003
  • 2. For Facebook, Twitter, social-media skills, attend this on Monday! Monday, Oct. 15, 11:30am-1pm - Armory 201 dLab Workshop: Social Media Tools & Data for Reporting and Research Guest trainer: Dan Petty Social media editor, Denver Post/Digital First Media REGISTER: http://cu-dlab6.eventbrite.com
  • 3. 1 BILLION active users worldwide (last week) 2.5 billion (approx.) people using the Internet worldwide 600 million access FB with mobile devices
  • 4. Doubled user base in 2 years! How much higher? Too big (now) to fail?
  • 6. How do you use Facebook ? Check Facebook: Post to Facebook: Never Never Seldom Seldom Few times a month Few times a month Every week Every week Daily Daily Few times a day Few times a day Many times a day Many times a day
  • 7. How do you use Facebook ? Check Facebook Post to Facebook most often: most often: On Mac/PC On Mac/PC Tablet Tablet Mobile phone Mobile phone Mobile device: Mobile device: Mobile site (HTML5) Mobile site (HTML5) iOS native app iOS native app Android native app Android native app
  • 8. More Facebook users now on mobile than PC Ages 15-25 (American FB users): 56% access Facebook most often from a smartphone or tablet (Women: 61% - Men: 51%) PROJECTION FOR 2013: 76% of women, 62% of men Macquarie Research
  • 9. How do you use Facebook for news? News you view Of these, where or read because do you get MOST of Facebook: of your news? I don’t get news Newspaper (print) from Facebook TV news News links Radio news MOSTLY from News websites (PC/Mac) friends, family News sites/apps (mobile) News links MOSTLY from news Facebook orgs, journalists Twitter
  • 10. Facebook users get fewer news referrals from news orgs than on Twitter
  • 11. Facebook trends American adults under 30: Social media as a primary source of daily news... (Pew Research Center for the People & The Press, Sept. 2012) Far surpassed newspapers, radio Equaled TV 33% of young adults get news from social networks 34% watch TV news 13% read print or digital newspapers
  • 12. Facebook’s money problem Contextual ads in right World is moving quickly to mobile ... column not working well Facebook isn’t monetizing mobile well enough (bad placement) yet ... 7 months ago, NO mobile ads
  • 13. One new step in $ chase: Charge users to advertise FACEBOOK GOES FREEMIUM! $7 to have a FB post get high placement in friends’ feeds, to be sure they see it
  • 14. ‘Want’ button added (new as of Monday) A new button will soon turn up on the Facebook sites of some stores: a "want" button, which will let people select goods they hope to purchase or find interesting. Possible FB revenue source? ... Revenue potential for media companies, not just retailers? (e.g., Engadget blog)
  • 15. How will Facebook tackle mobile? "We've transitioned, and are now a mobile company." – Mark Zuckerberg, Facebook CEO Sept. 11, 2012
  • 16. How will Facebook tackle mobile? FB knows a LOT about you (posts, likes...) FB mobile: will know your location FB deal with Datalogix: off-line purchases tracked (e.g., your drug store purchases) FB mobile could target an ad knowing what you tend to buy PLUS your current location ... Powerful! Zuckerberg: “We think we'll make a lot more money than on the desktop” (Sept. 11, 2012)
  • 17. What will Facebook do with facial recognition? FB purchased Face.com (facial recognition) Face.com technology already used to identify people in billions of photos on Facebook (We know that; don’t know how FB plans to use it) POSSIBLE: Identifies photo of you... • Holding a Red Bull at a party • Skiing ... skateboarding ... etc. • Target ads based on that knowledge of you LIKELY: Store/bar/restaurant camera ID’s you; offers mobile discount (Opt in) Had to shut down FB facial recognition in Europe