Earlier quoted context omitted.
Just because many people are not using something, it doesn't mean demand for that something is high. Often, it's the other way around - if many people are not using something, it's usually due to low demand (at this price). What price? Time, effort, attention, opportunity costs, etc.
I think it's barrier to entry. It must be very frustrating to join Twitter today, see people with thousands of followers and not having any. Most non-famous people I know who joined Twitter recently follow 50-100 people and have a handful of followers (who know them in real life). They get bored quickly and stop using it.
42% of US Internet Users Have a Facebook Account. For Twitter, It’s 16%
31–33 of 33 posts
I joined Twitter several years ago but I still had the same experience.
Re: 42% of US Internet Users Have a Facebook Account. For Twitter, It’s 16%
#32twitter is where you find people you want to know, facebook is where you find people you used to know ...
ok I admit, got that quote from the calacanis + sacca interview, awesome interview btw
Re: 42% of US Internet Users Have a Facebook Account. For Twitter, It’s 16%
#33Didn't know about the polling app that Google has. That's great. Seems to me like Twitter still has a lot of opportunity for growth in the US, if these numbers are to be believed.
Just because many people are not using something, it doesn't mean demand for that something is high. Often, it's the other way around - if many people are not using something, it's usually due to low demand (at this price). What price? Time, effort, attention, opportunity costs, etc.
Actually, that's exactly what it means. Demand = consumption.
Opportunity for growth and growth are not the same thing. I think Twitter has opportunity for growth, but that's not to say they will definitely execute on it.