Yes, you read that right. Facebook and Twitter, once ruling the internet for nearly more than one decade are now losing the charm. At one time Facebook and Twitter were considered the most favorite social media platform where people spent most of the time until 2014 there was no other social app that was near to it. But every product cycle has a maturity stage form where they have to decline and that what Facebook and Twitter are facing now.
Facebook already diversified their business by predicting future risk. Facebook investment in Instagram and WhatsApp, are paying them now. A new Survey has been done in the USA among the teen the result showed that SnapChat is leading from the front whereas Instagram is steadily covering the gap at the second position in terms of the best social network. According to the survey done by the PiperJaffray’s bi-annual “Taking Stock with Teens”, out of 8600 teenagers 46 percent gave the vote in favor of Snapchat as a favorite social media platform.
Featured image Emma McIntyre/Getty | Chart Courtesy of Statista.
Facebook already diversified their business by predicting future risk. Facebook investment in Instagram and WhatsApp, are paying them now. A new Survey has been done in the USA among the teen the result showed that SnapChat is leading from the front whereas Instagram is steadily covering the gap at the second position in terms of the best social network. According to the survey done by the PiperJaffray’s bi-annual “Taking Stock with Teens”, out of 8600 teenagers 46 percent gave the vote in favor of Snapchat as a favorite social media platform.
Related: Global Internet Trends 2018 - Almost 4.18 Billion Humans Are Online, 3.4 Billion Are Active Social Media UsersWhereas 32 percent of the respondents picked Instagram as their platform of choice. This not ends here, in term of usage Instagram surpassed SnapChat for the first time, as 85 percent of teenagers are using it at least once a month compared to 84 percent for Snapchat.
Featured image Emma McIntyre/Getty | Chart Courtesy of Statista.