I'm not a Snapchat user, I'm getting sick and tired of the new chat app "du jour". So, unless Snapchat offers something truly revolutionary, that was hard to develop, do I really care that Facebook offers it too, in a way that lets me stay with the social network I've already given in to?
In other words, these are often said to be easily disruptable markets. In fact, wasn't that purported to be a perpetual risk for Facebook? So, if a giant is disrupted by a startup, we'd all cheer for that? But if Snapchat is disrupted by Facebook, we scream bloody murder, 'ey? (I don't like big corporations or monopolies, but I was hoping to point out a form of hypocrisy, along with a desire to not switch social networks too often.)
Social network speaking, you're old and committed. Snapchat started to worry facebook when the 13-17 demographic moved there, showing momentum that could have snowballed into being the de facto gen-z social network.
That demographic is relatively free to chose whichever network to grow up with, according ro where the majority of the cool kids throwing partyes and living the life are.
Old users are less active on average and more adverse to advertisement, so getting constant new blood is quite inportant to fb
In other words, these are often said to be easily disruptable markets. In fact, wasn't that purported to be a perpetual risk for Facebook? So, if a giant is disrupted by a startup, we'd all cheer for that? But if Snapchat is disrupted by Facebook, we scream bloody murder, 'ey? (I don't like big corporations or monopolies, but I was hoping to point out a form of hypocrisy, along with a desire to not switch social networks too often.)