4 ms·
> Facebook doesn't have a single competitor because they don't have just a single product. Isn't their single product the Facebook website/app? Sure they sell
by droidist2 9y ago
> Facebook doesn't have a single competitor because they don't have just a single product.
Isn't their single product the Facebook website/app? Sure they sell ads but so does Yankee Stadium. From the consumer's perspective the stadium's competitors include Citi Field, not Google Adsense.
- rasz 9y agono, users are their single product.
- smileysteve 9y ago> Sure they sell ads but so does Yankee Stadium But in this case, Yankee Stadium sells seats, and Tv rights (that the station puts ads on)
- Armisael16 9y agoThere are a ton of ads in Yankee Stadium (and every major sport stadium I can think of, for that matter): https://upload.wikimedia.org/wikipedia/commons/4/44/Yankee_Stadium_upper_deck_2010.jpg https://upload.wikimedia.org/wikipedia/commons/4/44/Yankee_S...
- droidist2 9y agoMy point though is, you can call Facebook an advertising company, but when asked "What are Facebook's competitors?" as the Senator did, it makes sense to list social networks because that's the core product they offer their users. For the purpose of this discussion it doesn't help to say Facebook is an ad company or "You are the product" or anything else.