How Facebook Could Beat Google
wired.com
wired.com
I don't even understand how anyone can think this would be useful.
Would it be helpful when shopping for a new phone to know if my "friends" have had better experience with Android or an iPhone? Sure.
But will a friend's recommendations help me find driving directions to a location, or help me search for the answer to an elusive error message from a piece of software I'm using, or help me find out more information on a historic event or disease I want to learn more about?
How often are these "tech pundits" correct in their prognostications anyway?
[1] some of these reviews are seriously impressive in their depth vs CNET "senior" editors (btw has anyone ever actually seen a non-"senior" CNET editor?) http://www.camcorderinfo.com/content/Canon-HF-S100-Camcorder...
I don't care what my "greater tribe" thinks of a camera. Why should I?
What difference could it possibly make - unless I'm a moron who needs to be seen carrying the same camera as Bob-the-cool-guy?
Even more, only a dull minority of modern people have only one "tribe". I might share a friendship with one group of people based on a single interest and another group based on another and the two groups only marginally intersect. I was impressed that a member of my martial arts group brought a camera to video our practice group. But I have no reason to think he actually knows more about cameras than the average camera using person and I didn't ask his advice in buying a camera when I did buy one (I bought my camera used off craiglist after Googling up some reviews - basically finding the cheapest item that satisfied my needs).
That is not the case. Most people are interested in stuff like mountain biking, kayaking, photography, cooking, their friends, partying and so on. They couldn't care less where they get their information from. They are in that regards, lemmings. They don't even know that they can search for an answer to an elusive error message. Hell they don't even know what it is.
Google couldn't survive on google maps alone so if they loose the preferred search "war" they are in deep trouble.
Also mind you that Facebook is capable of delivering far more precisely targeted advertising in context of not only your interest, but your current situation at any given day (at least potentially)
It's easy to think that the rest of the world thinks like us, but they don't.
Case in pint. The recent skype re-design that drew a lot of bad reviews are all made by techies with at least a hundred skype contacts.
Yet 90% of people on skype have 5 contacts, 95% use the message window to write "Can I call you"
So all in all I would say that Facebook is in great shape to compete with Google. It's not made for the 20% but the 80%.
Old media grew wealthy on emotional, image-based advertising while neglecting informational advertising. Sure, the people interested in biking, kayaking or photography might not be terribly competent with computers but the rise of Google has demonstrated that more and more these people are after the objectively best product and less-and-less a product that their friends, their tribe or their favorite celebrity endorses (this does vary a lot by product category but its hard to find a hi-tech product people buy only for the image). Google has found a way to give them some rough approximation of the objective information they seek.
Average people are certainly also entertained by chatting with their friends on Facebook. Does that mean they'll go back to consuming based on emotional advertising? I don't think so.
The proof is in the Facebook ad conversion rate. Tell me when it gets up to Google levels.
I am saying that when it comes to choice of search engine, most people didn't actually choose google. Most people don't even know what google really is, they just use it because that's what is used.
The rise of google have have demonstrated nothing but network effects (which isn't exactly based on objective choice)
People don't use google because google is the best search engine, they use it because it's the most used. Just as people don't use FaceBook because it's the best social network but because it's what most of their friends are on.
The average time spent on Facebook is actually increasing which means less time is spent in google land and this will sooner or later hurt Googles add revenue.
We also haven't seen the effect of companies moving their main communication onto Facebook. But it seems pretty plausible it will happen.
Facebook ad conversion rate has nothing to do with whether facebook will end up taking large parts of the search market from google.
People don't search because of the ads, they search despite them.
Even if that is the case for some people (not me), I'd be really surprised if people start shopping for a phone by going to facebook. It just won't happen.
People go to a search engine (google) to find stuff. They go to facebook to communicate with friends, waste time, play games, share social stuff. The intent simply isn't there on facebook.
It's been said google is the homepage of the internet.. Well, facebook is quickly becoming that to a growing group of people. If people can get a good recommendation for a phone from the website they're already on, they sure as hell are going to use it. If people can get "recommendations" for a website for whatever they're looking for, you'd be foolish to think they aren't going to use it.
Why is it that Mozilla is sustained by having a little search box on the browser? People use it 'cause it's there.
I'd be surprised if the idea lives up to the hype. Heck I'd be amazed if Facebook can make any kind of inroads in email.
To do this you have to go where the recommendations are. They used to be by linking to a website from your own. Of course that is going to remain a large component, but any company would be foolish to write off using social linking as a source for recommendations.
One of the main arguments against FB monetizing their ads is because "FB users don't go on FB to click on ads". This is anecdotally true. But when FB Connect and Like buttons have you logged in everywhere, there's nothing stopping them from showing you targeted ads when you are shopping, or searching or doing things where ad CTR would be much higher.
Also, unless we get into some seriously Orwellian stuff, identity will not be required for EVERY site on the net.
Therefore, no one owns the net.
If FB can make the case that requiring people to FB connect on a 3rd party site will drive traffic, raise revenues, and whatever, many/most sites will make the change. They won't shut out non-connected users, but they may degrade the experience to encourage connectedness.
It sounds Orwellian, but it's not difficult for it to make business sense for large swaths of the internet.
If taking credit cost little, every remaining store in the US would do it tomorrow. Does that mean many stores would be willing to stop accepting cash? No way. (well not 'till "the beast" slouches a little closer to ba-by-lon but I'm not hold my breath).