Facebook was launched in 2004 by Mark Zuckerberg and others. Originally limited to Harvard students, it expanded to other colleges and universities. By 2006, anyone over 13 with an email could join. Its initial purpose was to connect people online through profiles, photos, and status updates.
Facebook's marketing strategy involved designing an easy to use interface, targeting college students initially, and engaging users through social features like applications, friend suggestions, and likes. The strategy also focused on localizing content for different regions.
While privacy issues remain a concern, Facebook generates revenue through advertisements, payments, workplace tools, and its other platforms like WhatsApp and Oculus. It faces competition from other social networks and risks from shifting