Why did AOL fail where Facebook succeeded?
Lets run down some basic comparisons of the services that they provide:
Profile Information
AOL really dropped the ball on this. They had a profile page that could add very basic information like name, age, location, and hobbies. This page was OPTIONAL and most people did not user their real information. There was no way to add a picture of yourself. When someone wanted a picture of you, they had to ask you and then you emailed a profile picture of yourself to them. Granted, this was the days before digital cameras, so most people did not have digital picture of themselves. Imagine if AOL created a profile like Facebook:
- What is on your mind?
- Friend lists
- Photo albums
- links to hobby pages instead of just text descriptions
- A birthday field
- Timeline
- Like buttons
Online Friends
AOL had a very weak connection ability. You could flag friends that you wanted to monitor when they came online, but there is no way to check their status or see what they were up to unless you just emailed them or chatted with them. Other than directly asking them, there was no way to keep tabs on people like you can on Facebook.
Privacy
Facebook is all about making yourself public, but at the same token, it gives you incredible fine grain control over what you want to make private and to whom has access to your profile. AOL had none of this, your email and profile where 100% public, that is why most people put fake information in them. AOL added some safeguards for parental control, but there was nothing for the average user to allow privacy.
My email account with AOL was my first public email address and it was exciting to have and to share with friends and relatives on a new way to communicate with me. But AOL sold their email list to spammers and it very quickly became a nuisance to have and I received over 50 spams a day. Facebook has given everyone a Facebook.com domain email account recently, but it is primarily to used to only email other Facebook users and I have yet to receive one spam email to this account.
Advertising
Facebook utilizes a very simple way of advertising to its users by targeted ads on the right hand panel of the page. It has a wealth of knowledge of you on where you have been and what you like and that is what advertisers love to know. AOL advertising was usually traditional graphical advertising box that was usually at the top or bottom of the page and took away precious bandwidth when surfing around. The advertising model was similar to a television station ads. If you clicked on a Home Improvement page, you saw ads for home improvement just like you would on HGTV. AOL treated you like a TV viewer when it had so much more data on you that could target better ads.
In conclusion, its hard to believe that AOL is still around. They have a niche of modem users and they are a player in online media content with a new service called AOL On Network. But when you are owned by Time Warner, you will be a media company. Facebook is a social network company, and there lies the main difference between two companies.
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