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Is Facebook Becoming Social Media's Retirement Home?
www.forbes.com ^ | Mar 8, 2019, 07:30am | Niall McCarthy

Posted on 03/08/2019 6:09:51 AM PST by Red Badger

Could it be that Facebook is turning into social media's retirement home? Although that question might seem a little bit far-fetched, young people are leaving the social network in droves while increasing numbers of over-55s are signing up. In general, Facebook is struggling to retain its user base and today the social network has an estimated 15 million fewer users in the U.S. than it did in 2017. That's according to data released on Wednesday by Edison Research which shows that 67% of the population aged over 12 used Facebook in 2017, a figure that stands at 61% today.

Young people are at the center of the exodus while increasing numbers of over-55s are signing up. Back in 2017, Edison Research found that 79% of the coveted 12 to 34-year -old demographic used Facebook and that share now fallen to 62%. The user share in the 35-54 age bracket stood at 72% in 2017 and that fell to 69% in 2018 and remained that way in 2019. The data also shows that the share of people aged 55+ using Facebook grew from 49% to 53% between 2017 and 2019. No wonder all those teenagers were complaining about friend requests from parents, aunts and uncles.

(Excerpt) Read more at forbes.com ...


TOPICS: Business/Economy; Culture/Society; Government; US: California
KEYWORDS: facebook; fb; zuckerberg
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To: Red Badger

Hey, hey, I have been educated!

I did not know that.


21 posted on 03/08/2019 6:32:44 AM PST by chris37 (No wall? No vote.)
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To: Pontiac

FogeyBook:

I predict that in ten years FB will be so out of style as to be considered dead.


22 posted on 03/08/2019 6:36:22 AM PST by Red Badger (We are headed for a Civil War. It won't be nice like the last one....................)
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To: ImJustAnotherOkie

A person can create a new account under a different name and see what the young ones are up to.

Of course, depends on the privacy settings how much you can see.

As for older people using FB. Yes, they do and I think it has to do with families living far apart and of course they enjoy seeing pictures of their loved ones, too. It helps those who have recently lost a spouse as their friends are also on FB. I don’t see them getting involved in the newsfeeds/political crap that goes on however there are some who are heavily involved in it but are much younger.


23 posted on 03/08/2019 6:37:15 AM PST by hsmomx3
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To: Red Badger

Facebook
MySpace
Sears
Kmart
Blockbuster Video
Radio Shack


24 posted on 03/08/2019 6:40:37 AM PST by gaijin
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To: ConservativeWarrior

I have 3 kids. 24, 22, 20. None have ever had a Facebook account.

Instagram and Snapchat.


I have four kids ages 15-20. Same thing, Instagram and Snapchat. Both are terrible in my opinion. Facebook was awful 2 years ago during the election but I have muted those people. I mostly follow twitter now and a few groups on Facebook. In fact I go weeks without checking Facebook. I’m hoping for a replacement to twitter.


25 posted on 03/08/2019 6:41:29 AM PST by outpostinmass2
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To: All
Facebook is struggling to retain its once-formidable user base....
seems the social network has an estimated 15 million fewer US users than it did in 2017.......
according to data released by Edison Research.

Hmmmmmmm.....is Facebook still charging advertisers rates based on 2017 user numbers?

That could get them into trouble.

AND THIS---Facebook recently disabled a billion faked accounts.

Did Facebook misrepresent itself to advertisers
so that it could charge more for ads. This is a criminal offense.

REFERENCE A couple of newspapermen were jailed b/c they
cooked the books WRT readership —— to charge more for ads.

CONTACT The Ad Council:

New York Office
The Advertising Council
815 Second Avenue, 9th Floor
New York, NY 10017
Phone: (212) 922-1500
EMAIL the "Contact Us" Form at web site

Washington DC Office
The Advertising Council
1707 L Street, NW, Suite 600
Washington DC, 20036
Phone: (202) 331-9153
Email the "Contact Us" Form at web site

26 posted on 03/08/2019 6:42:29 AM PST by Liz ( Our side has 8 trillion bullets; the other side doesn't know which bathroom to use.)
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To: Red Badger

27 posted on 03/08/2019 6:45:20 AM PST by SamAdams76
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To: gaijin

Payless Shoe Source

Phar-Mor

Saab


28 posted on 03/08/2019 6:46:08 AM PST by Red Badger (We are headed for a Civil War. It won't be nice like the last one....................)
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To: All
The SEC should also be advised if FACEBOOK, a publicly-held company, mislead investors about its potential.

CONTACT enforcement @SEC.gov

<><> Investors need to be talking with their lawyers-----their Facebook Annual Reports in-hand.

<><> The SEC prosecutes when publicly-held companies misrepresent their status to investors.

29 posted on 03/08/2019 6:46:47 AM PST by Liz ( Our side has 8 trillion bullets; the other side doesn't know which bathroom to use.)
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To: Red Badger
I constantly get targeted posts from kin I don't know. I respond in kind, with love. they are elderly and if this lets them reach out and feel connected, I want to encourage that feeling and make it meaningful for them.

Yes, I am a sap for my elderly kin, God love them.

30 posted on 03/08/2019 6:48:29 AM PST by Caipirabob (Communists...Socialists...Fascists & AntiFa...Democrats...Traitors... Who can tell the difference?)
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To: gaijin

Nokia


31 posted on 03/08/2019 6:49:13 AM PST by freedumb2003 (As always IMHO)
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To: Red Badger

Never had a page, and deleted the app on my devices I used to see my wife’s page (with her permission).

Facebook has devolved into shared memes, political rants, narcissistic artificial nonsense, and a place for crazy people to show the world how nuts they are.

THIS is the real reason people are leaving.


32 posted on 03/08/2019 6:51:29 AM PST by Magnatron
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To: Caipirabob

On Star Trek TNG, there is a race of LIQUID beings, who all know what each other knows when they all get together in one place..................


33 posted on 03/08/2019 6:52:55 AM PST by Red Badger (We are headed for a Civil War. It won't be nice like the last one....................)
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To: Red Badger

Number of years ago an older friend (I didn’t know at the time he had a cancer that would eventually kill him) told me “I’m buying my last car”.

It was a Saab.

They both departed about the same time.


34 posted on 03/08/2019 6:53:05 AM PST by nascarnation
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To: Magnatron

I remember when Instant Messenger on AOL first came out. It was ‘the thing’ everybody was in to....................


35 posted on 03/08/2019 6:54:43 AM PST by Red Badger (We are headed for a Civil War. It won't be nice like the last one....................)
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To: nascarnation

Saab was a good car.

Their unions killed it..................


36 posted on 03/08/2019 6:55:40 AM PST by Red Badger (We are headed for a Civil War. It won't be nice like the last one....................)
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To: pepsionice
In roughly four years, I think that a quarter of the current Facebook crowd will have gone away and closed out their accounts. At that point, Zuckerberg may try to sell the media to someone, in hopes of just walking away with some bucket of cash. For me now, I never post to Facebook, and I might look over at it maybe once a week.

I don't think Zuckerberg was ever anything other than the media face for Facebook. Google and Facebook are both data harvesting operations that started at two colleges that have been taken over by the CIA, Harvard and Stanford. Unibomber? Harvard student that was mind-screwed by the CIA during their MKUltra ops. CIA runs an internship program at Stanford.

LSD and psychogenics were developed at left coast colleges. It's all a lie.

37 posted on 03/08/2019 6:57:59 AM PST by Richard Kimball
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To: Red Badger

Hey, if it helps to keep tabs on older relatives, then cool. I’d rather Facebook just be a “retirement home”.

The only time I use it is when I want to send my mom a quick note that doesn’t require a phone call, especially since my dad doesn’t use computers at all, and doesn’t do phone calls if he can avoid it.


38 posted on 03/08/2019 7:12:39 AM PST by VanDeKoik
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To: Tigercap

“It was kind of fun in 2008 & 2009.”

It was! Being able to find and connect with old friends and seldom seen relatives was really nice.

Back then there was little to no politics, and people were at least a bit more shy about dumping their whole lives out there. Not to mention that mobile devices were not as prevalent or cheap, so all of the unstable trash that have access to the internet today were not there to turn it into a dumpster fire it is now.


39 posted on 03/08/2019 7:16:42 AM PST by VanDeKoik
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To: Red Badger

Yes, but Instagram doesn’t interface with Facebook at all from a users perspective. The functionality of each “App” is similar, but they can be used exclusively of the other. All the kids use Instagram for their “Stories” and Pics. None of them are on FB


40 posted on 03/08/2019 7:41:03 AM PST by TangledUpInBlue
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