Facebook’s momentum can be described as any sort of a number of analogies involving velocity. I’ve been meaning to write a post but with so much great insight popping up, I’ll leave it to aggregation and attribution.
Strategy:
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"I advise marketers not to invest too much time in creating ‘a Facebook
strategy’ as much as they don’t have ‘an NBC strategy’ or ‘a New York
Times strategy.’ Instead, I encourage them to people watch, learn and
then plan based on their audience and the big picture." – Steve Rubel - "Wal-Mart has the opportunity to build a community with these students,
but has to resist the temptation of treating this group as yet another
marketing channel." – Charlene Li -
"I want to know what’s happening in the world faster than anyone
else…If someone says something, I want to see it first." – Robert
Scoble via Pete Blackshaw
Tactics:
- "Join or build a community, deploy an application (widget), invest in
advertising, gather intelligence from profiles, and extend one’s
network." – Jeremiah Owyang, "What the Web Strategist should know about Facebook." - "Employees are more likely to view important company information when it
is just one click away from their Facebook page than if it is on
something totally different." – Shiv Singh, Avenue A/Razorfish - The annual cost of a sponsored group is $1.2 million – Valleywag
And with all good things comes spam. The malicious-minded can create fake profiles to mine profile data.