facebook strategic marketing analysis
DESCRIPTION
A brief and broad look at a marketing analysis of Facebook. I did this for a college class but would like to share my passion with others.TRANSCRIPT
FacebookStrategic Marketing Analysis
Agenda• Overview
• Strategic Analysiso External Factorso Internal Factors
• S.W.O.T.
• Key Recommendations
Overview• Largest social media site in the world
• Targeted business advertising via analytics
• Mobile capability
• Independent consumer contribution
External Factors• Poor economic conditions drive need for free or
low-cost services
• Consumer behavior influenced by popular products and reviews of companies and products
• Constant increase of technological advances provide growing market
• Competitive service providers gaining strength in social media realm
Internal Factors• Facebook’s initial public offering (IPO) less
effective than anticipated
• Profit earned through B2B advertising services
• Businesses benefit through the use of analytical software built into pages
• Independently developed applications ensure constant consumer interaction with site
S.W.O.T. Analysis
Nearly 900 million monthly
active users
Relevant and unique services, which surpass competitors like
Google+ and MySpace
Strengths
- Lacks proven effectiveness in advertising in PC version
- Constantly drawn into litigation due to patent and privacy violations
- Fails to take advantage of mobile version to draw revenue
Weaknesses
Opportunities
Mobile Ads
Retail Platfor
m
Internal Payment System
Threats
Google’s growing social network application
Privacy concerns may drive away current consumers
As market saturation draws closer, expansion will slow
Key Strategic Recommendations
• Mobile advertising
o Based on current analytic software on PC versions
o Larger return for advertisers
o Greater investor strength for Facebook
• Retail service integration with social analytics
o Current analytics can contribute to consumer purchases
o Large consumer base will lead to stronger feedback on products
Questions?For a supplementary narrative on this presentation, visit:
http://ad-analyzer.livejournal.com/617.html
References• Baskin, J. (May 22, 2012) There’s a Message to Marketers in Facebook’s IPO Slide. Ad
Age CMO Strategy. Retrieved from http://adage.com/article/cmo-strategy/message-marketing-facebook-s-ipo-slide/234900/
• Facebook Inc. Hoovers Online. Retrieved from http://www.hoovers.com/company/Facebook_Inc/rcxycci-1-1nji3j-1njhft.html#balance
• Facebook Inc. Company Profile. (2012, May 29) MarketLine. Retrieved from http://advantage.marketline.com.ezproxy.snhu.edu/Product?pid=679613FB-9911-4907-8C86-9902F9D5BEF4&view=SWOTAnalysis
• Ip, G. (2012, July 18) The Fiscal Cliff and the Economy• Jong, D., Pendleton, D. (2012, May 18) Facebook IPO Makes Zuckerberg Richer Than
Google Founders. Retrieved from http://www.bloomberg.com/news/2012-05-17/facebook-ipo-makes-zuckerberg-richer-than-google-founders.html
• New research compares Facebook advertising to Google display network. (2012, May 15). Business Wire. Retrieved from http://ezproxy.snhu.edu/login?url=http://search.proquest.com/docview/1013669508?accountid=3783
• Pointless, Painful Uncertainty. Retrieved from http://www.economist.com/blogs/freeexchange/2012/07/fiscal-cliff-and-economy
• Walmsley, A. (2011, Aug 03). Facebook dominates, but.. Marketing. Retrieved from http://ezproxy.snhu.edu/login?url=http://search.proquest.com/docview/885486568?accountid=3783
• Yousif, R. (2012). The Extent of Facebook Users' Interest in the Advertising Messages. International Journal Of Marketing Studies, 4(3), 122-133. doi:10.5539/ijms.v4n3p122
FacebookStrategic Marketing Analysis