Facebook Essay

In the 21th century, one of the era in which science and engineering evolving, the land economy is becoming globalized, so the touch baseion amidst the multitude to compressher is a breakthrough idea. At 19, Mark Zuckerberg came up with a new way for college kids to connectand started an online revolution. Now 23, hes laborious to build out his business without losing its cool. Now, the great unwashed call his idea is companionable network and in the world book a lot of affable network however, Facebook (www. facebook. com) and Twitter (www. twitter. com) are the most popular tribe practice to connect each other or so the world.Almost pile call Mark Zucketberg is stupid when create Facebook beca handling Yahoo (www. yahoo. com) and Hotmail (www. hotmail. com) is the greatest tool for citizenry tin tittle-tattle and email each other. Moreover, Google (www. google. com) is the big beau monde rough advertising, email, search toolSo Facebook have a lot of company to com petitive on the internet. Today, I impart introduce about how Facebook get the money, gradually become the best social network. spate use Facebook to chat, abide news and create group to connect with friend or other throng same hobby, purpose.Facebook cooperate with Zynga, the company No. 1 developer of Facebook applications and Farmville and maffia War become the most popular people play around the world, to throw away people more(prenominal) enjoy when use Facebook like they merchantman play second with each other. Facebook began testing its virtual currency was called reference work, people fucking use Credit to trade, sully item in game or give as gift for their friend. People can buy Facebook credit through use Credit card or go to the store like Target or GameStop to buy it.Facebook have more than a one million million million other application run on the site, so they have plan to use Credit to charge for access to definite features or to things like music, vide os or news articles. The potential for using Credit can use it to net income beyond the Facebook site, some website allow people use Facebook to log in instead create new write up and fill again information that make people feel annoying. People create account in Facebook and get Credit in it, so they can log in any website with Facebook account and purchase something by using Credit they have in Facebook account.In tackition to innovations in Credit for users can easily pay, Facebook is a place where investors are pass a lot of money to advertise. For example, South Africas FNB Bank (FNB) use Facebook a marketing and customer service channel, and found an overlap between its mobile bank buildinging customers. There are more than 4. 7 million restless Facebook users in South Africa (out of 50 million total population), and more than 150,000 FNB Facebook fans, enceinte the bank a readymade market for social media banking.Facebook trifle more customers to the bank and more peo ple k now about Facebook, so they have Win-Win dapple for both side. Facebooks revenue is more higher when more people tend to use Credit and Advertising in Facebook site. In the ternary Quarter in 2012 of Facebook was published in www. Morningstar. com, the revenue about $1,262 million increase of 32%, compared with $954 million in the third quarter of 2011. Facebook was in(predicate) when more people use Facebook as web game, chat, watch news, pay web, email For investment, they look Facebook as a growing company, the investment outlay it to spend money.In the stock market, when Facebook shareholder IPO in whitethorn with price $38, and then fall raft like slide fell the snowy mountain. More investment feeling frustrate Facebook because Yahoo and Google, in the era of the internet boom, it must thrive instead upside shoot as Facebook. However, after half year, FB become a name people want to talk about again when these stock fall down lowest $16 and move to $27 now. In my o pinion, Facebook will be grown up in the future like Google or EBay, because Facebook have a lot of way to do in the future.Mark can add search tool like Google in Facebook site that now just only find friend and company page (advertising). Facebook can become an mixture a spot of Google for search tool and advertising, a part of PayPal using Credit to purchase, a part Yahoo that can chat and email for each other. Moreover, social network is more population in this century, so Facebook will become a big company in the future and when everyone use Facebook like a part of live Facebook will be an intermediary between customer and company, between government and citizen, between school and studentFinally, people cannot deny that Facebook brings utility like connect people around the world, connect customer and business, bring more frolic for user, and bring benefit for investment. Facebook accounted for the top spot on the social network, because of the austere creativity as Timeline , create Credit as currency online, bring more opportunity for business that they can marketing to everyone around the world by Facebook. As Bill Gate, Steve Job, Mark Zuckerberg will be add in the history business who create social network and make it will bring many future breakthroughs of the 20th century.