Seems that facebook is getting nothing but glowing reviews.
http://blog.pmarca.com/2007/06/analyzing_the_f.html
Ilike is the most successful application on facebook with millions of users signing up. But take a look at their alexa chart and you will see they lost 70% of the traffic to their website since launching on facebook.
http://www.alexa.com/data/details/traffic_details?q=ilike.com&url=ilike.com
I think at the end of the day facebook will reduce independent websites like Ilike, lastfm etc to just another feature that won’t exist outside of a social network. Just like every other business who have a legal obligation to make money, Facebook will have no choice but to clone the most successful applications and build them directly into their platform.
June 13, 2007 at 6:47 am |
Hi Markus,
I want to know how did you make so much money from Google Adsense? Knowing so many arbitrage publisher’s account got shut down as of June 1st, what advice do you have for those got their accounts shut down?
June 13, 2007 at 9:25 am |
Good analysis Markus. I’m sure that Facebook will have no ethical qualms about cloning the most popular services, however – I don’t think users will buy the “own label” services that Facebook would release. I see Facebook offering rental on the site to widget providers, maybe 20 cents per embedded widget per month – seems reasonable to me.
June 13, 2007 at 4:33 pm |
[...] es gibt auch eine Kehrseite der Medaille, wie man auf Paradigm Shift (dem Blog des plentyoffish-Machers) nachlesen kann. Demnach ist der Traffic von ililke im selben [...]
June 13, 2007 at 6:11 pm |
I am sure we will see the same type of thing that myspace does… buy the most used apps like slide. I think your spot on here Markus!
June 13, 2007 at 8:06 pm |
Did you read the part where it said that Ilike now required hundreds of servers just for the facebook app and may be running into the thousands?
Perhaps companies are trying to follow the YouTube model of letting other sites monetize their traffic. However, at some point your app has to result in traffic coming back to your site, especially if you are running hundreds of servers to support it.
June 13, 2007 at 9:31 pm |
[...] nach so kurzer Zeit quasi unmöglich. Anscheinend gibt es auch eine Kehrseite des Wachstums, The Paradigm Shift berichtet, dass iLike.com seit dem Launch in Facebook laut Alexa 70% des Traffics verloren [...]
June 13, 2007 at 10:34 pm |
I would say with the opening of the api and the amount of support they are giving to developers to make applications which run on their platform will open many venues for them.
Vijay
June 14, 2007 at 4:08 am |
If facebook app developers are not adding value on top of the social map (that facebook has made a commodity) then they’re in trouble. If they are adding value and creating something that accrues to them (databases of content, preferences, reviews, etc) then there are businesses to be built that FB will not be able to simply replicate.
I’ve blogged on this at http://lsvp.wordpress.com/2007/06/13/social-media-facebook-commoditizing-the-social-map/
if you’re interested
J
June 14, 2007 at 8:31 am |
It’s possible that the loss of traffic is due to the fact that they had to disable some features on their web site because they needed to free up their servers to handle the facebook load and to sustain the growth there. If that’s the case, then we should expect the lost traffic to be regained in the next few weeks once they catch up to the load.
June 14, 2007 at 11:49 pm |
I suspect their numbers going down are not due to Facebook. If you notice their traffic starts dropping well before the 24th of May, when Facebook’s platform went live, and this drop looks similar to another previous drop well before Facebook’s platform came out.
June 15, 2007 at 7:07 pm |
I bet that by July they will look stronger on Alexa than they were in May.