How Facebook Plans to Retain its No.1 Position

When it comes to social media Facebook still leads the way.
After its launch Facebook simply outclassed all its competitors like Myspace, Orkut and other platforms that have simply disappeared from the social media scene. None of the social media platforms could withstand its onslaught to rule social media.

Google tried rivalling Facebook with the launch of Google+ but Facebook was simply huge in terms of its user database.

If friends wanted to reach out to their other friends Facebook was the solution because almost everyone one of them were in it, similarly when businesses wanted to reach their potential customers Facebook again was the place to go, it was just impossible for Google to match the dominance of Facebook.

Facebook though doesn’t seem to be getting too complacent about its undisputed position in Social Media like Myspace and Orkut and are doing things to make sure they stay ahead of potential competition in the future.

Keep Innovating

Facebook are focused on their current and future users looking to stay updated and meeting the different needs of its users.

They keep updating their existing services and are also always looking to incorporate new ideas that users find useful on other platforms. This will make sure they stay ahead of their competition.

Other Social Media Platforms

Medium.com is one such competitor that are fast gaining popularity especially with the freelancer’s community. They have twitter like features that help users identify the current trending topics helping them to stay updated on important news. Facebook are improving their “notes” platform that is already in existence but hardly known by its users to counter the potential competition that medium.com might provide in the future.

Twitter is another social media platform that is widely popular among the masses. The most important aspect of twitter’s success is worldwide trending of most popular breaking news. Any major news trends on Twitter much faster enabling its users to stay updated. Facebook are upgrading their notes so people can be able to share much larger information since twitter has character limitations to its features.

Youtube the most popular video sharing site is also being noticed by Facebook and they have brought their own feature where you can embed videos on your Facebook posts. With Facebook working on helping its users monetize their posted videos by helping them gather vital information on the popularity and other important stats of their videos in place Facebook are trying to keep its users intact without leaving for other social media platforms.