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Lessons I learned from the failure of Threads by Instagram
Are you still using Meta’s Threads? Most likely, no. Almost all of the 130 million users who joined have abandoned it, and Threads seems like a ghost town now.
Just look at the stats on Google Trends (do a search for ‘Threads’)
Threads was once super popular, like at 100%, but now it’s down to a measly 3%!
That’s a massive drop.
There are some critical lessons here for anyone doing business online
Lesson 1: Hype doesn’t equal success. Just because people talk about it doesn’t mean they’ll use it.
Lesson 2: People don’t switch easily from free stuff. Twitter is free, so why leave? Threads needed to be way better.
Lesson 3: The user base is crucial for social apps. Twitter’s value is its users. Threads didn’t get enough big players.
Lesson 4: Don’t oversell a basic product. Threads grew too fast and let everyone down.
End Takeaway
Now, Twitter and Threads are big, but the point is clear: hype only works if your product is good. So, launch your product, listen, and improve.
Also, market it as it grows.
For instance, Bluesky, another Twitter alternative, is on the right path. Slow but steady growth, learning from users. It might challenge Twitter one day.
That’s what we all want in business, right?
What do you think? Let me know in the comments.
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