Get All Access for $5/mo

5 Reasons Facebook, Snapchat and Instagram Are Wildly Successful The giants of the social media sphere melded their technology with the way we live and how we pursue what we value most.

By Deep Patel Edited by Dan Bova

Opinions expressed by Entrepreneur contributors are their own.

Hero Images | Getty Images

Over the last decade, social media platforms have taken the world by storm. Facebook now boasts over 2 billion monthly active users. Instagram sits at 800 million active users. Snapchat has about 180 million daily active users, who send a total of 3.5 billion snaps each day.

Some pessimistic observers question the legitimacy of these budding social networks. They might think that these apps are a waste of time and wonder why so many people are obsessed with them.

A more optimistic observer might ask why. What is it about these apps that attracts so much attention and energy? There is plenty to learn from the viral success of popular social media platforms. You can learn not just about technology but also human psychology by studying these success stories.

The titans of the industry, including Facebook, Snapchat and Instagram, are great examples of how to build a successful social media startup. Here are five of the most prominent reasons why they have succeeded thus far:

1. They are obsessed with the user experience.

The teams at Facebook, Snapchat and Instagram care about every detail across the user experience. Furthermore, every part of their applications, from initial download to daily usage, is optimized for the target user persona.

Customization helps these platforms maintain high levels of engagement. They know exactly what will draw users in and what will keep them there. Facebook's newsfeed, for example, is extremely personalized and catered toward a specific user experience. The feed is tailored to provide content that appeals to a specific user's attention. Snapchat has made it as easy as possible for users to view many stories in a short amount of time.

These platforms want everyone to have a great experience. Since those experiences look different for each person, customized content pops up for each user. Facebook, Instagram and Snapchat have also worked out the kinks regarding the design and placement of the various buttons. The platforms are intuitive and easy to onboard, and every feature seems to be exactly where it should be.

2. Long-term focus.

Facebook has been around since 2004. That's almost 14 years! They have been able to succeed (and will continue to do so) because of their long-term thinking. Their acquisition of Instagram is a perfect example of this. Facebook is also investing in virtual reality and countless other areas that could thrive in the future.

This long-term mindset has enabled these platforms to avoid making choices purely for the instantaneous reward. Making decisions that have a short-term effect might raise the stock price today, but it will not keep them alive down the road. Future planning should pay off five to 10 years from now.

3. They allow people to easily communicate with each other.

Easy communication among people from all over the world has always been a huge component of these platforms. Text messaging came along before Facebook, but they were one of the first companies to enable simple communication between people in different countries. Snapchat upped the ante by creating photo messaging so that you could see the person you were talking to.

We are inherently social creatures, so the opportunity to seamlessly converse and connect with one another is very valuable. Facebook, Instagram and Snapchat make it incredibly easy to exercise this innately human quality.

4. They appeal to human ego.

The profile functionality that these companies have enabled is not always the most healthy. However, people love the opportunity to showcase themselves online. They have total control over what appears and what does not. They can paint any picture of themselves to their friends and followers. There are studies indicating that getting Facebook or Instagram likes or views on a Snapchat story create a dopamine release similar to when someone takes certain drugs.

It is easier to live in an online world where you can control the exact photos and perspectives of yourself that exist, as opposed to living in reality and taking chances of making mistakes. This ability to showcase oneself in any way and receive feedback in the form of friends, followers or likes can be addictive.

5. You can do many things in one place.

Facebook, Snapchat and Instagram have also excelled because of their curation of activity and entertainment. On Facebook, for example, you can communicate with others, read the news, play games, show off photos and create a profile for your friends to see.

Emerging social platforms like GAMEE, a mobile gaming social network, are striving to bring this level of convenience to different niches. GAMEE's ecosystem allows users to not only compete in games against their friends, but also talk and communicate over past tournaments. This platform is set to change the gaming space, gathering all the fun of playing mobile applications in one place.

Snapchat and Instagram also have a set of well-rounded activities that users can participate in. Easy access makes it simple for users to check the platform daily. Instead of having to switch between text messaging, news applications and gaming apps, consumers can get everything they need in one place. With the countless apps that exist today, the ability to do so many things from a single hub is a huge driver of traffic and engagement.

67/snapchat-app-dau/" rel="nofollow">180 million daily active users, who send a total of 3.5 billion snaps each day.

Some pessimistic observers question the legitimacy of these budding social networks. They might think that these apps are a waste of time and wonder why so many people are obsessed with them.

A more optimistic observer might ask why. What is it about these apps that attracts so much attention and energy? There is plenty to learn from the viral success of popular social media platforms. You can learn not just about technology but also human psychology by studying these success stories.

The titans of the industry, including Facebook, Snapchat and Instagram, are great examples of how to build a successful social media startup. Here are five of the most prominent reasons why they have succeeded thus far:

Related: 10 Proven Ways to Make Millions on Social Media

1. They are obsessed with the user experience.

The teams at Facebook, Snapchat and Instagram care about every detail across the user experience. Furthermore, every part of their applications, from initial download to daily usage, is optimized for the target user persona.

Customization helps these platforms maintain high levels of engagement. They know exactly what will draw users in and what will keep them there. Facebook's newsfeed, for example, is extremely personalized and catered toward a specific user experience. The feed is tailored to provide content that appeals to a specific user's attention. Snapchat has made it as easy as possible for users to view many stories in a short amount of time.

These platforms want everyone to have a great experience. Since those experiences look different for each person, customized content pops up for each user. Facebook, Instagram and Snapchat have also worked out the kinks regarding the design and placement of the various buttons. The platforms are intuitive and easy to onboard, and every feature seems to be exactly where it should be.

Related: This Instagrammer With More Than 2 Million Followers Literally Cooks Her Content

2. Long-term focus.

Facebook has been around since 2004. That's almost 14 years! They have been able to succeed (and will continue to do so) because of their long-term thinking. Their acquisition of Instagram is a perfect example of this. Facebook is also investing in virtual reality and countless other areas that could thrive in the future.

This long-term mindset has enabled these platforms to avoid making choices purely for the instantaneous reward. Making decisions that have a short-term effect might raise the stock price today, but it will not keep them alive down the road. Future planning should pay off five to 10 years from now.

Related: 12 Social Media Mistakes That Entrepreneurs Make

3. They allow people to easily communicate with each other.

Easy communication among people from all over the world has always been a huge component of these platforms. Text messaging came along before Facebook, but they were one of the first companies to enable simple communication between people in different countries. Snapchat upped the ante by creating photo messaging so that you could see the person you were talking to.

We are inherently social creatures, so the opportunity to seamlessly converse and connect with one another is very valuable. Facebook, Instagram and Snapchat make it incredibly easy to exercise this innately human quality.

Related: 10 Laws of Social Media Marketing

4. They appeal to human ego.

The profile functionality that these companies have enabled is not always the most healthy. However, people love the opportunity to showcase themselves online. They have total control over what appears and what does not. They can paint any picture of themselves to their friends and followers. There are studies indicating that getting Facebook or Instagram likes or views on a Snapchat story create a dopamine release similar to when someone takes certain drugs.

It is easier to live in an online world where you can control the exact photos and perspectives of yourself that exist, as opposed to living in reality and taking chances of making mistakes. This ability to showcase oneself in any way and receive feedback in the form of friends, followers or likes can be addictive.

Related: 5 Social Media Rules Every Entrepreneur Should Know

5. You can do many things in one place.

Facebook, Snapchat and Instagram have also excelled because of their curation of activity and entertainment. On Facebook, for example, you can communicate with others, read the news, play games, show off photos and create a profile for your friends to see.

Emerging social platforms like GAMEE, a mobile gaming social network, are striving to bring this level of convenience to different niches. GAMEE's ecosystem allows users to not only compete in games against their friends, but also talk and communicate over past tournaments. This platform is set to change the gaming space, gathering all the fun of playing mobile applications in one place.

Snapchat and Instagram also have a set of well-rounded activities that users can participate in. Easy access makes it simple for users to check the platform daily. Instead of having to switch between text messaging, news applications and gaming apps, consumers can get everything they need in one place. With the countless apps that exist today, the ability to do so many things from a single hub is a huge driver of traffic and engagement.

Deep Patel

Entrepreneur Leadership Network® Contributor

Serial Entrepreneur

Deep Patel is a serial entrepreneur, investor and marketer. Patel founded Blu Atlas, the fastest-growing men’s personal care brand, and sold it for eight figures in 2023, less than 18 months after its launch.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Business Culture

Stop Blaming Remote Work for Your Productivity Woes — 5 Signs of a Productive Office Culture

It doesn't matter if you work from a cubicle, couch or cafe — if the (remote) office culture is broken, productivity will suffer.

Business News

These Companies Offer the Best Work-Life Balance, According to Employees

The ranking is based on Glassdoor ratings and reviews.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

5 Trends Every American Small Business Owner Needs to Watch in 2016

Technology will continue to cost less but borrowing is becoming more expensive. Don't expect much substantial from Washington in an election year.

Leadership

Why Your AI Strategy Will Fail Without the Right Talent in Place

Using fractional AI experts through specialized platforms allows companies to access top talent cost-effectively, drive innovation and scale agile strategies for growth.