In: Economics
Discuss in detail the reasons that led to the eventual failure and shutdown of Facebook Spaces. Explain what would you have done differently had you been responsible for Facebook Spaces?
subject E-commerce
Ans.
The reason why the Facebook Spaces didn’t do well was because many
of the facebook custoemrs felt that the virtual reality app of
Facebook spaces was too simple and there was not much which the
users can do to interact or connect with their friends or family
members.
Also many users felt that the facebook spaces was not designed
well keeping their users in mind. It was too simple and many users
needs were ignored. For e.g. may pople will use their left hand
more then right hand and some of the content that was created was
mainly considering the right ahnd people in mind and the left hand
people’s needs were completely ignored.
So , lack of attention to detail, not exciting content etc. were
some of the reasosn why this venture didn’t go well with
users.
Facebook spaces was finally shut down by facebook in October 2019
and facebook want to enter into the virtual reality with its new
product called Facebook Horizon.