Strategy question

Why did Facebook build Facebook Stories?

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What this question tests

Understanding of competitive strategy and why a company copies a successful format from a rival.

How to approach it

  1. Context: Snapchat pioneered the ephemeral Stories format and was growing fast among younger users.
  2. Identify the threat: Facebook risked losing the youth demographic and time spent to Snapchat.
  3. Explain the strategic logic: Stories increases low-friction sharing, since ephemeral content lowers the bar to post compared to permanent feed posts.
  4. Explain the business logic: more sharing volume creates more ad inventory and session frequency.
  5. Note execution: Facebook rolled Stories out across Instagram, WhatsApp, and Facebook to maximize reach and defend against Snapchat everywhere at once.
  6. Tie to outcome: Instagram Stories in particular grew to be a major engagement and ad surface.

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