2 ms·
I literally just came to this thread wondering if this revenue number was related to the stock market bubble in general, especially since Facebook’s stock does
by Bucephalus355 9y ago
I literally just came to this thread wondering if this revenue number was related to the stock market bubble in general, especially since Facebook’s stock does not seem to be impacted...at all...by the recent negative press / shifting focus of the company.
I also want to add that the huge focus on marketing and advertising in general really comes from a shift in the business that occurred in the 1970’s at the major business schools. At the time, there was a feeling that the US was overproducing products that weren’t needed, and the only solution was to more innovatively inform customers of what they needed, since cutting back on production would hurt the job market. One thing this led to was very specific marketing segmentation, among others. For instance, all older Americans used to be classified as 65+ in most marketing programs, maybe with race and gender added on as well. Obviously that was a very general category that now has been split into dozens of subcategories.
Anyway it seems like their plan wound up working out to well with the numbers we’re seeing out of Google and FB...