Grown Up Thinking

There’s been a lot of buzz about Facebook’s growth as they try to stay on top of social media development. No one site “owns” the entire social media landscape; however, Facebook is making significant headway in making their site a one-stop-shop for all of your online interactions. Here are six reasons why I believe that Facebook will reign supreme over other social utilities:

1. Connecting: The average Facebook user has 130 friends, and with over 400 million active users that’s over 52 billion social connections. This dominance affords a huge opportunity for Facebook to integrate new social platforms.

2. Email: Facebook is rumored to be developing a full-fledged email system that could eliminate the need for a separate email accounts.

3. Social Plug-Ins: Due to the popularity of the “Like” function, Facebook is now competing with sites like Yelp by providing integration on to other sites around the web.

4. Facebook Chat: Facebook recently added a feature to their instant messaging system that allows users to make Friend Lists within Facebook Chat which will no doubt increase its use over other services.

5. Geolocation: Applications like Foursquare have made a name for themselves in this increasingly popular space, but now Facebook is jumping on the band wagon.

6. Facebook Connect: Facebook Connect eliminates most barriers to entry for engagement on other sites. Now that this process is being made even easier, it will continue its rapid growth in integration.

Check out some more information and insights from today’s F8 keynote presentation here.