What Google is to the web, Graph Search is to your social network on Facebook. Graph Search, which will appear on the top of every Facebook page, enables people to find information through the filter of their friends in relation to four pillars—people, places, photos and interests. With Graph Search, people type in what they’re looking to find, not just by name but also by category or simple phrase.
I have a bet with a friend who works in finance. He believes that Facebook will not exist in seven years. I, a marketer, couldn’t disagree more. It reminded me of when, in 1995, astronomer Clifford Stoll claimed that the Internet was “grossly overpromoted" and would ultimately be looked on as a fad. (He has since acknowledged his mistake.) More from Clifford later.
It’s difficult to define what “existence” even means in today’s digital age, when social technologies are imagined, developed, funded, adopted and acquired by a media conglomerate (often Facebook) in a matter of months, not years. Myspace is technically still in existence (I had to test it in my browser as I wrote this, just to be sure), but it’s far from relevant anymore in the social sphere. If Facebook goes the same route, I’ll concede defeat.
But I don’t expect to be in that situation come 2020. Though Wall Street is panicking about the stock price, which has shrunk by nearly half, Facebook is a game-changing technology, and technologies like that don’t just fade away in less than a decade. As we do the automobile, we can’t image what we ever did or would do without it. It’s a technology that we seemingly never saw coming (as opposed to a smartphone or tablet, which were arguably natural evolutions in product innovation), and technologies like that are special.
So if I’m so confident about the future of Facebook, where do I think it’s going? What do I think it will look like in seven to 10 years? As technology is moving so quickly, it would be futile for me to speculate on exactly what Facebook may be at that time, but here are four that opportunities could help sustain the platform.
Earlier this month Google made another important change, updating their search algorithm to include personalized search results specifically pulled from Google+ activity, naming the new results “Google Personalized Results.” Once again the news spread through social circles and landed on a few of blogs, but compared to the hoopla surrounding SOPA, Facebook Timeline, and emerging technologies like Pinterest, its effect was more of a ripple than a tidal wave and has many users and news outlets slamming the change.
However, love it or hate it, these changes may be the new "normal" for search, forever.
The post-advertising age is complex. Consumers controlling brands, optimizing search, utilizing paid, earned, and owned media…all aspects can seem pretty confusing. So what’s a poor brand to do? Never fear: Help is on the way!
Google thinks display ads are "going to be huge." To drive home the point, they've bought ad space of their own, and erected a billboard of their own in — you guessed it — Times Square. By "huge," they mean smarter, more relevant, and "open." Is this all talk or is it a real push towards a better banner?
