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the future of FACEBOOK: The Social Network’s Relationship with Millennials Gloria Pu | FILM260 Photo: West McGowan (Flickr)
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The Future of Facebook (FILM260)

Oct 17, 2014

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Page 1: The Future of Facebook (FILM260)

the future of FACEBOOK: The Social Network’s Relationship with Millennials Gloria Pu | FILM260

Photo: West McGowan (Flickr)

Page 2: The Future of Facebook (FILM260)

Facebook was once considered a fad. An online playground for teens and young adults; both a successor and competitor to MySpace.

Photo: Listener42 (Flickr)

Page 3: The Future of Facebook (FILM260)

But not anymore.

Photo: Aaron Parecki (Flickr)

Page 4: The Future of Facebook (FILM260)

Since 2005, Facebook has grown to serve

1 billion+ registered users.

Photo: hwanation (Flickr) Source: Facebook Reports First Quarter 2013 Results

Page 5: The Future of Facebook (FILM260)

Today, it is the quintessential social network.

Photo: kris krüg (Flickr)

Page 6: The Future of Facebook (FILM260)

Photo: Mrs. Gemstone (Flickr)

It has changed our real-world

vernacular. "Liking," "walls," and "creeping" now carry different meanings.

Page 7: The Future of Facebook (FILM260)

Photo: star5112 (Flickr)

It has changed how large companies and individual consumers interact.

Page 8: The Future of Facebook (FILM260)

Photo: THX0477 (Flickr)

It has changed the social norms surrounding our most intimate friendships & relationships

Page 9: The Future of Facebook (FILM260)

Photo: Marco Paköeningrat (Flickr)

It would appear as though Facebook is a powerful,

omnipresent force that is here to stay.

Page 10: The Future of Facebook (FILM260)

But is this really the case? Has Facebook peaked?

Photo: Aaron Parecki (Flickr)

Page 11: The Future of Facebook (FILM260)

42 per cent of young adults between 18 and 29 reported spending less

time on Facebook in a

typical day last year than in 2011.

Source: Pew Research Centre Photo: Tony Hue (Flickr)

Page 12: The Future of Facebook (FILM260)

Source: Charles Zamaria, Ryerson University Photo: Jixar (Flickr)

Youth, in particular, are trying out simpler “instant gratification” options.

Page 13: The Future of Facebook (FILM260)

Source: Facebook fatigue and the aging social network. The Toronto Star. Photo: Alex Indigo (Flickr)

Still, with 18 million Canadian monthly users,

there's no denying that a lot happens

on Facebook.

Page 14: The Future of Facebook (FILM260)

Source: Charles Zamaria, Ryerson University Photo: Matteo Paciotti (Flickr)

And if Canadians are increasingly using social media for its usefulness rather than entertainment,

they kind of have to be on Facebook - right?

Page 15: The Future of Facebook (FILM260)

Then again… "Something that’s not a choice isn’t necessarily as cool as it used to be.”

Source: Peter Corbett, CEO of iStrategy Labs Photo: Aaron Parecki (Flickr)

Page 16: The Future of Facebook (FILM260)

Photo: N i c o l a (Flickr)

That is what some of Facebook's teens and young adults are struggling with…

Page 17: The Future of Facebook (FILM260)

Photo: Global X (Flickr)

…Are the continuous redesigns, privacy changes, and ads

worth the connection we feel

through photos, comments,

and newsfeeds?

Page 18: The Future of Facebook (FILM260)

Source: http://socialmediatoday.com/rtmixmktg/1392791/are-teenagers-abandoning-facebook-infographic Photo: Victor1558 (Flickr)

Evidently, for some youth, it's not a

worthwhile trade-off. And that's why the average age of a

Facebook user has increased from 38 to

41 since 2010.

Page 19: The Future of Facebook (FILM260)

Photo: Jametiks (Flickr)

In other words, Facebook is so mainstream that it has become obligatory and

inescapable... not exactly an attractive proposition for millennials.

Page 20: The Future of Facebook (FILM260)

But does that mean that they're going to leave Facebook by the masses?

No... at least not yet.

Photo: Aaron Parecki (Flickr)

Page 21: The Future of Facebook (FILM260)

Source: http://www.cbc.ca/news/technology/story/2011/11/22/technology-facebook-six-degrees-separation.html Photo: Marc Belzunces (Flickr)

There is simply too much information stored on and shared through Facebook.

It shrunk the 6 degrees of separation to 4.74.

Page 22: The Future of Facebook (FILM260)

Photo: martinak15 (Flickr)

And if there's one thing we know about millennials, it's that they can't

stand to miss out.

Page 23: The Future of Facebook (FILM260)

Millennials might leave for a while, but the pull of The Social Network is simply too strong for them to stay away.

Photo: Aaron Parecki (Flickr)

Page 24: The Future of Facebook (FILM260)

Photo: photosteve101 (Flickr)

From one millennial to another: It’s up to us to decide how and how much

we use Facebook.