FB's core strength today is the boomer market. Definitely something I did NOT see coming 10 years ago. The 60+ crowd practically lives in Facebook Groups now and they will buy basically anything that they see in an ad on FB. You can sell people who are 60+ basically anything on FB if you target them. The pandemic really solidified this, and now the conversion rates are higher than anything I have ever seen anywhere.
It's interesting to me because many older FB users barely know how to use the platform and they have invented their own tricks and conventions—my favorite of which is commenting "Following" because they don't know how to follow something, but know that if they leave a comment they will get notifications about responses. I see that every day and I always find it interesting. Every now and then someone calls them out on it and they just don't care. They have developed their own memes and are probably the only group that uses those Bitmoji-esque "What's on your mind" cards.
FB can lean into the boomer market and basically print money. FB is going to replace QVC. Hell, they should just buy QVC.
It's interesting to me because many older FB users barely know how to use the platform and they have invented their own tricks and conventions—my favorite of which is commenting "Following" because they don't know how to follow something, but know that if they leave a comment they will get notifications about responses. I see that every day and I always find it interesting. Every now and then someone calls them out on it and they just don't care. They have developed their own memes and are probably the only group that uses those Bitmoji-esque "What's on your mind" cards.
FB can lean into the boomer market and basically print money. FB is going to replace QVC. Hell, they should just buy QVC.