4 ms·

Bad strategy, imo. Sounds like they should have tried to answer why people used their product in the first place. “A competitor does it” isn’t a valid excuse—it

Bad strategy, imo. Sounds like they should have tried to answer why people used their product in the first place. “A competitor does it” isn’t a valid excuse—its like suggesting The French Laundry switch to fast food because McDonald’s is a competitor.

fnordpiglet 4y ago
I think your analogy is too generous. It’s more like putting an engine on your stapler because people buy cars more often than staplers at a higher margin despite having a monopoly in the stapler market.
JediLuke 4y ago
kolbe 4y ago
They also need to be honest with themselves about whether TikTok is a competitor, or if TT has simply won a completely different business that happens to take customers' finite resources (time) from Facebook.
- OJFord 4y ago
  When you're an ads-funded social media company, is there a difference?
- tofflos 4y ago
  I think it's pretty cleat cut. They're competing attention farms. How we the product perceive them doesn't matter.
mingfli 4y ago
The French Laundry is a very niche product, which Facebook is not. I think a more apt analogy is suggesting McDonald's to include more "healthy" options or a coffee bar because the competitors do it and it's a successful business strategy.
- rightbyte 4y ago
  More liking pushing "healthy" options in your face in the menu and hiding the BigMac & Co in some obscure small print somewhere. "Do you want plus sized carrots with your meal?"
  - mingfli 4y ago
    Not saying either is a good strategy, I'd rather see more posts from my friends than random pages. Just pointing out the analogy.