An article appeared in my email this morning published by WebProNews asking the question which company, Google or Facebook, will emerge as the winner. Essentially, Facebook has the dominant position in social media while Google still hold the number one spot for search.
A brief reflection on business history clearly demonstrates no company dominates the market for very long. Examples include Sears, Woolworth, Microsoft, AOL and the list goes on. The article was valuable as a source of information on the developments occurring over time in the on line landscape where Google and Facebook play. I posted a comment following the article as follows:
The marketplace rewards those who provide what the market wants. Competition results in more and better ideas delivered faster and the consumer votes.
Google, Facebook, Microsoft and others have great people testing new ideas. The best ideas will result in the most economic reward. The winner is the consumer.