Nobody remembers the second man on the moon

We need to search.

Google has become a major part of our life. We “google” for almost everything. With Google we know everything that is there to know in this world. And Google was doing it nicely. With a very simple landing page, and no unnecessary flash pop-ups Google became a friend of all, like a big brother who knew everything, to whom one can ask any question.

We need to network.

FB has also become so much a part of our life. We take photos to upload on Facebook, search for those snaps which can become profile pics, come up with witty status messages that receive more likes, find out that link which receives more likes. With Facebook, lives of people became connected at a deeper level. Long lost friends greeted us and were up-to-date with what happened in our life thanks to our loquacious existence on Facebook.

Both these look different on the surface. One is searching other is networking. But what connects them? The answer is their source of revenue viz, marketing.

Google changed the way marketing worked with ad-sense. The Google Economy was born which was different, new and better than other existing forms of marketing. Targeted text based ads which did not interfere with user’s main purpose but provided good insights at times by giving Ads relevant to your search and email conversations popped on the side of the screen and on top of your search results with clear distinction.

Facebook took the game to a higher level. Specific targeted ads based on your sex, relationship status, interests, status updates all started coming on FB. Side by side, Virtual gifts, pokes, teddy bears, greeting cards – all became a rage. They are still a rage and this whole “Facebook economy” is growing stronger by the day.

I direct you to an article here  about the rise of Facebook economy.

The article quotes a Wharton marketing professor as saying, “Facebook is like the QWERTY keyboard: There’s nothing particularly special about it, but it came along at the right time and place. At some point, that standard just becomes locked in” The article also gives a story about two brothers who started Scrabulous and were making $25000 per month. In other words, third party applications based on FB were generating HUGE money.

People spend more time sitting on Facebook page than on a Google page because networking took more time than searching. Also, the ads on FB were closer to ones day-to-day activities and one is more likely to click on them than the search based ads on google. From a marketing agents point of view, FB provided wider avenues to deliver and implement marketing strategies than google. The pillars on which Facebook economy was built was two – a strong target ad mechanism and applications. On the other hand Google economy stood on a relatively weaker pillar of just Ad-sense.

Thus Facebook was slowly eating up the revenue from ads and Google was obviously scared. They had to do something to keep people on google pages and feed them ads. They tried minimising the difference between the top sponsored links and the search results so much that it became almost impossible to distinguish between the two if you are in a hurry. So much for the famed google motto, “Don’t be evil”. Duh. But this was not working and they needed more. So they came up with Google+.

“Search” and “Social Networking” both are just front-ends for feeding us ads. Finally, it is a fight between these two for controlling the market for delivering ads.

With Google+, Google is just trying to level up with FB rather than taking the game higher. The fact remains that Facebook Economy is in a better shape than Google Economy, today.

“Circles” and “Hangout” are not enough. Facebook can add something similar to Circles anytime and “Hangout” is not going to sell more ads.

Google+ is like Edwin Aldrin. People remember Neil Armstrong more than Edwin Aldrin.  To win this mad-ad contest, Google has to come up with breakthrough innovation.

Advertisements

12 thoughts on “Nobody remembers the second man on the moon

  1. So, I am guessing that you either joined Facebook before Orkut or did not join Orkut at all. (?)

  2. Well, I guess its an almost taken for granted thing that FB was way different from Orkut, and that was the only reason it got the response it did! On the same note, + is not a bit different, and that’s why I think your article makes a lot of sense! 🙂

  3. @Suvinay: Cool link. The concept of federated social network looks amazing. It can soon become a reality. 🙂

    @Chappli: Thanks for the comment. 🙂

  4. Yup, very true. Nice insight and it makes sense given the fact that people are already bored of plus. Hang Outs in India are a farce (because of the ‘lightning fast’ net) and the circles can be drawn, just a bit laborious.

  5. By the way, Edwin Aldrin is Buzz Aldrin after whom Buzz Lightyear is named. He is more famous in US where he is a household name.

    He is less famous in India because he was hardly mentioned in NCERT textbook. 😛

    I would rather say no one remembers the third person in Apollo XI. Michael Collins, that is. 🙂

  6. Poseidon :
    Why do you say that? I am still using orkut!

    That comment was just me nit-picking on the line, ” “Circles” and “Hangout” are not enough. Facebook can add something similar to Circles.” Although Orkut was the “first” social networking site, people switched to facebook. I was just suggesting that a similar thing might happen with G+.

  7. @Halfsigma, thanks for directing me to Paul Adams. Seriously addictive stuff.

    For the benefit of readers here is the link: http://googlewatch.eweek.com/content/google/google_forefather_paul_adams_works_at_facebook.html

    Joseph also pointed out that Buzz Aldrin is pretty famous in US. I was just trying to use an analogy. You get the point! And as you said, we can make it Michael Collins! 🙂

    @Flamethrower, Thanks for the comment. Net speed in India is never going to allow hangout and people in west might just consider it gay to hangout on the web. Hence there is no new value added by G+.

  8. Vikram :

    Poseidon :
    Why do you say that? I am still using orkut!

    That comment was just me nit-picking on the line, ” “Circles” and “Hangout” are not enough. Facebook can add something similar to Circles.” Although Orkut was the “first” social networking site, people switched to facebook. I was just suggesting that a similar thing might happen with G+.

    @Vikram: Looking back, Orkut doesn’t look anything like a social networking site now. Before Facebook came, it didn’t have any newsfeeds from friends. It didn’t keep you updated with their activities. You had to remember them and check out their profile each and every time. All it did was to search for your old friends and establish contact with them again. So Facebook is a totally different thing from Orkut.

  9. I think you underestimate how lazy people are. Google+ is right inside Gmail and that makes it quite easy (I find it annoying) to check it.

    Also, the multiple person video chat is a good feature in places with a fast internet, Skype didn’t give it for free until their recent deal with Facebook.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s