Thursday, September 19, 2013

Facebook vs Twitter vs Barteronlinewithlocals.com



Facebook
Twitter
Local Trade
What is the purpose?
Share your life with friends, family and others as you choose. Allows the sharing of photos, videos and status updates. Also used by businesses to promote their products and services.
A microblogging site that limits posts to 140 characters, this is seen as either a boon, forcing users to be succinct; or a handicap as it limits the more verbose of us.
Used by both businesses and individuals.
Trade/sell physical items with local users, creating a networked community of users who can vouch for one another, negating the craigslist effect of anonymity.
Founded
2004
2006
2012
Total Users
1.1 Billion*(1)
500 million*(1)
24 (beta)
Avg Age of User
40.5 *(2)
37 *(2)
N/A
Status
IPO'ed
About to IPO
Closed Beta
Quirks
Privacy policy is constantly moving target
Posts are limited to 140 characters.
Still in construction, software builds change weekly
Monetization Strategy
Ad supported with add'l revenue from selling user's demographic and search information.
Ads in the form of “promoted tweets”
Build something great, then grow, monetize later

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