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This is a very interesting article. I think they have some very valid points about FB "likes". Do you think FB will kill google as a search?
<span style="font-weight: bold">Facebook - The Google Killer</span>
Writer: Jonathan Shapiro
Source: Clickz.com
Is Google toast? On the heels of the company's record earnings, you may wonder what would prompt such a question. But indeed, Google's days of dominance may be numbered.
In 1998, Google's founders, Sergey Brin and Larry Page, bet that by adding the online community's opinions of a website to the results ranking algorithm, indicated by the quantity and quality of links to the site, Google could give users more relevant search results. And they were right! By June 2000, Google was the unquestioned king of quality search. Over the next decade, Google continued to capture share and now controls 65 percent of the search market. Google figured out that adding the wisdom of the community would make its search results the best and enable them to build a dominant position.
In February 2004, Mark Zuckerberg launched Facebook from his dorm room at Harvard, heading into direct competition with social media players Friendster and MySpace. Four years later, Facebook became the social media leader by building a better tool for social interaction and keeping it "cool" through exclusivity and a non-intrusive ad model. Today, Facebook remains the undisputed social media champion comprised of over 500 million global users that spend significantly more time on their Facebook accounts than users do on Google. Facebook has organized the collective "wisdom "of the Web into like-minded micro communities of friends.
And here is where things get a little scary for Google.
Earlier this year, the online analytics firm Compete reported that Facebook had passed Google to become the top source of traffic to major portals like Yahoo and MSN and is among the leading traffic source to other types of sites. This was big news in search space. However, it was taken with a grain of salt by those who believed the findings were discounting quality in favor of quantity. That was before Facebook introduced its search game changer.
Facebook's Open Graph and "Like" feature allow users to recommend or "Like" content on the Web and share that content with their friends through Facebook. This turns Facebook's 500 million users into authoritative reviewers constantly recommending content, products, and services to their micro community of friends. Google's winning innovation was to add the wisdom of the Web community to organic search rankings. Facebook's Open Graph and "Like" button take this concept to the next level, adding the influence of recommendations from your friends to the general wisdom of the larger Web community. The logic here is simple. The majority of people would rather take a friend's advice than recommendations from Web users they may or may not have anything in common with.
Google's dominance in search grew from creating a better product. But on October 14, 2010, Microsoft and Facebook announced a partnership to bring "Like" data and profile search to Bing.
Read the rest here at Clickz.com
<span style="font-weight: bold">Facebook - The Google Killer</span>
Writer: Jonathan Shapiro
Source: Clickz.com
Is Google toast? On the heels of the company's record earnings, you may wonder what would prompt such a question. But indeed, Google's days of dominance may be numbered.
In 1998, Google's founders, Sergey Brin and Larry Page, bet that by adding the online community's opinions of a website to the results ranking algorithm, indicated by the quantity and quality of links to the site, Google could give users more relevant search results. And they were right! By June 2000, Google was the unquestioned king of quality search. Over the next decade, Google continued to capture share and now controls 65 percent of the search market. Google figured out that adding the wisdom of the community would make its search results the best and enable them to build a dominant position.
In February 2004, Mark Zuckerberg launched Facebook from his dorm room at Harvard, heading into direct competition with social media players Friendster and MySpace. Four years later, Facebook became the social media leader by building a better tool for social interaction and keeping it "cool" through exclusivity and a non-intrusive ad model. Today, Facebook remains the undisputed social media champion comprised of over 500 million global users that spend significantly more time on their Facebook accounts than users do on Google. Facebook has organized the collective "wisdom "of the Web into like-minded micro communities of friends.
And here is where things get a little scary for Google.
Earlier this year, the online analytics firm Compete reported that Facebook had passed Google to become the top source of traffic to major portals like Yahoo and MSN and is among the leading traffic source to other types of sites. This was big news in search space. However, it was taken with a grain of salt by those who believed the findings were discounting quality in favor of quantity. That was before Facebook introduced its search game changer.
Facebook's Open Graph and "Like" feature allow users to recommend or "Like" content on the Web and share that content with their friends through Facebook. This turns Facebook's 500 million users into authoritative reviewers constantly recommending content, products, and services to their micro community of friends. Google's winning innovation was to add the wisdom of the Web community to organic search rankings. Facebook's Open Graph and "Like" button take this concept to the next level, adding the influence of recommendations from your friends to the general wisdom of the larger Web community. The logic here is simple. The majority of people would rather take a friend's advice than recommendations from Web users they may or may not have anything in common with.
Google's dominance in search grew from creating a better product. But on October 14, 2010, Microsoft and Facebook announced a partnership to bring "Like" data and profile search to Bing.
Read the rest here at Clickz.com
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