Facebook (NASDAQ FB) had just recently announced a revamp of their old search product. According to various analysts, this offers a great potential for long term growth of Facebook. In this article, we will take a closer look at the search product revamp done by Facebook.
The word on the street is that Facebook would be heavily benefited with a superior searching product. For its long term view of adding customers, this revamp seems to be the best way to go. It brings in easier usability for the users and this seems to be the way to go.
Facebook has been bringing in changes rather frequently off late. Recently it brought in changes to the Trending feature. It also brought in changes to its graph search. The graph search would not include Bing results from now on. All these features actually show how important Facebook thinks its search option is.
Facebook Inc: FB Search
Google currently dominates the search market. They are way ahead of their competitors. However, Facebook seems to be making in roads in the search markets. Facebook is already logging around a billion queries a day and around a trillion posts. These numbers show how much of a market Facebook can occupy in the times to come.
The changes in trending features and graph results came up over the weekend. Facebook continues to revamp itself so as to present a much sleeker and user friendly version of itself to its users. Facebook wants to make sure that the users are able to search videos, photos and older posts easily. Facebook can also move on and develop its own search engine. That would be big for the world’s biggest social networking site.
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Facebook Inc (NASDAQ FB) Business News
Facebook Stock continues to perform well. Facebook seems to be very receptive to market demands and they make sure that the users get what they want. How users respond to the new search product remains to be seen.
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