Chapter
The Future of Social Media Platforms
43:07 - 46:19 (03:11)
The guest speaker discusses the business models of social media platforms and how platforms such as Facebook and Twitter have utilized user data and third-party apps to increase their enterprise value. They predict that in the future more people will pay money on social media platforms such as Facebook, Instagram, and TikTok.
Clips
The guest speaker predicts that brand advertising will shrink during the upcoming recession, and that people will spend more money on Facebook, Instagram, and TikTok for advertising purposes.
43:07 - 44:03 (00:56)
Summary
The guest speaker predicts that brand advertising will shrink during the upcoming recession, and that people will spend more money on Facebook, Instagram, and TikTok for advertising purposes. The conversation explores potential ways taxi advertising companies can pivot to stay relevant.
ChapterThe Future of Social Media Platforms
Episode#29 - Powder Diets, Instagrammable Experiences & Distribution First
PodcastMy First Million
Platforms allow companies like Microsoft, Facebook, and Twitter to have continuous growth by adding value to their users through apps and programs.
44:03 - 46:19 (02:15)
Summary
Platforms allow companies like Microsoft, Facebook, and Twitter to have continuous growth by adding value to their users through apps and programs. These platforms have a potential higher value than the company itself.