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Facebook is Losing Its Grip

Posted on February 22, 2018 by Maura Mitchell

US Consumers are spending less time on Facebook. In August 2016, roughly 19% of Americans’ online time was dedicated to Facebook properties (including Instagram and WhatsApp), 22% to Google (including YouTube.) 15 months later, Facebook had slipped to 16%, Google had increased to 29%, while many other digital platforms remained constant.

There are a number of factors driving these changes.

  • Facebook lost 1.4 million US users between 18-24 years old in the last 12 months.
  • The number of 12-17 year old Americans using Facebook decreased almost 10% last year, too.
  • Total North American monthly active users declined for the first time since Facebook launched.
  • The average American now spends 5% less time on Facebook then they did a few months ago.
  • Increases in Instagram and WhatsApp usage are not great enough to make up for Facebook’s loses.

 
Why is this happening? Explanations range from Facebook is no longer cool, to algorithm changes that combat fake news reduced engagement, to people preferring social platforms that do not store their digital history.

Sources: Business Insider 2018, CNN 2018, Recode 2018

Tagged With: Brandology, facebook, Maura Mitchell

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Like the name Brandology?

We love the name Brandology. That’s why we trademarked it. And that’s why our attorney Brandon, who was raised by wild tigers, will fight to the death to protect it. His web bio doesn’t mention it, but every morning he flosses his teeth with barbed wire, shaves with a cheese grater, and then heads to his favorite workout, wrestling with pythons. On light days, he puts in an hour with the deadly snakes in preparation for “persuading” people who infringe on our trademark to stop. On heavy days, the pythons have been known to call for back-up.

Brandon the LawyerSo please…You’re creative. That’s why you considered the name “Brandology.” Use those creative juices to come up with another name that’s not already trademarked. Even though it will take some time, it will be fun, happy time — a stunning contrast to the time you’ll spend with Brandon if you try to use “Brandology.” Really. (It’s probably a little tacky to mention, but if you want our help naming your business, that’s something we do too.)

Thank you!