Global Interest in Facebook Declines by 87% in the Last 10 Years: But Jumps Massively for New Censor Free Platforms Like TruthGroup’s, Truthbook.social
By CNBS News
Global Interest in Facebook Declines by 87% in the last 10 years: but jumps massively for new censor free platforms like TruthGroup’s, Truthbook.social
The search volume for the term “Facebook” has dropped by 87% in the last decade, according to Inside Paper.
It said in March 2022, “The waning interest in global Facebook searches is being attributed to the app’s audience’s ageing, growing disinterest in the social media site, and the TikTok boom, according to Banklesstimes.com.
Several market studies have revealed that Facebook is unable to attract users under the age of 30.
Despite rebranding to Meta, the social media site is losing traction among adolescent and young adult users in its key markets”.
According to the report,
the number of daily users fell from 1.93 billion in Q3 2021 to 1.929 billion in Q4.
This is being exacerbated as new competitors enter the market.
In February, Meta CEO Mark Zuckerberg blamed the company’s loss of users on the TikTok craze, which is currently dominating the short-form user- generated video market.
Although Meta, which also owns Instagram and WhatsApp, has been offering Reels on the photo and video sharing app, they have not yet reached Tiktok’s engagement levels, according to the report.
According to Zuckerberg, the company is working on launching a short video product to compete with TikTok.
According to the report, Apple’s “app-tracking transparency” feature, introduced in 2021 with version 14.5 of its iOS mobile operating system, is exacerbating Facebook’s woes.
Apps are expected to obtain explicit consent from iPhone users for user-level and device ID-based monitoring.
Despite the fact that several users have declined to share this information collectively, the development has shaken Facebook advertisers who rely on social networks to sustain their businesses, according to the report.
Several advertisers have shifted away from Facebook, and TikTok is gaining popularity because it is less expensive per 1,000 impressions.
As a result, Facebook has lost $10 billion in ad revenue. This equates to nearly 9% of the company’s revenue in 2021. This is significant because it accounts for a quarter of the company’s total annual profit, according.
But others say what is also hurting Facebook and other platforms is their infiltration of woke, extreme left wing political bias employees who support the banning of free speech and only want to allow extreme left ideology to remain.
Facebook for instance censored the Canadian Truckies and it backfired losing over a 1 million users from their retaliation.
The market for censor free social media is growing as evidenced by Elon Musk’s buyout of Twitter.
In fact a newcomer in the social media arena, TruthGroup is actively paying anyone that joins its social media platforms such as Truthbook.social, truthtweet.social, truthtok.live and TruthTube.video along with its own censor free search engine in truthlook.com $100 to dump Facebook and join the new platforms
Truthbook.social is similar platform to Facebook, but is censor free. It’s estimated that at least 30% of the market will dump censored social media platforms if a censor free version similar exists
As Netflix and the US Government even has discovered, going woke is followed by going broke.
Netflix in a memo in recent weeks has suggested woke employees might be better off working elsewhere, as it tries like Twitter now to get rid of extreme left wing bias causing many users to abandon their products.
TruthGroup is backed by independent media and Truthcoin.social which is a new cryptocurrency set to list June 30th which intends doing what Facebook failed at doing with its crypto Libra.
People don’t trust Facebook but they will trust platforms built for the people that are censor free.
