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  3. How exactly does facebook make money?

How exactly does facebook make money?

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  • N Nish Nishant

    I must be one of the few people here who do not have a FB account. :~

    Regards, Nish


    My technology blog: voidnish.wordpress.com

    D Offline
    D Offline
    Dan Mos
    wrote on last edited by
    #12

    You're not alone. Actually I have one. My missus "conviced me" it's fun. So I created one. Nedless to say I have no ideea of the password... Not that I would need it. Miss: "Honey did you saw XYZ's new post on my wall?" Idiot: "Yeah they're awsome.".... Keep on playing or whatever I was doing PS: Idiot==this/me; :)

    All the best, Dan

    N 1 Reply Last reply
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    • D Dan Mos

      You're not alone. Actually I have one. My missus "conviced me" it's fun. So I created one. Nedless to say I have no ideea of the password... Not that I would need it. Miss: "Honey did you saw XYZ's new post on my wall?" Idiot: "Yeah they're awsome.".... Keep on playing or whatever I was doing PS: Idiot==this/me; :)

      All the best, Dan

      N Offline
      N Offline
      Nish Nishant
      wrote on last edited by
      #13

      Smart :-)

      Regards, Nish


      My technology blog: voidnish.wordpress.com

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      0
      • S Slacker007

        Nishant Sivakumar wrote:

        I must be one of the few people here who do not have a FB account.

        I don't have one either. I used to, for about 2 months, and then deactivated it (accounts can't be deleted).

        N Offline
        N Offline
        Nish Nishant
        wrote on last edited by
        #14

        But you can remove all info and replace it with dummy data, right?

        Regards, Nish


        My technology blog: voidnish.wordpress.com

        realJSOPR S 2 Replies Last reply
        0
        • R Ravi Bhavnani

          That's nuts - how on earth do you keep up with the latest news about me?  :-D /ravi

          My new year resolution: 2048 x 1536 Home | Articles | My .NET bits | Freeware ravib(at)ravib(dot)com

          N Offline
          N Offline
          Nish Nishant
          wrote on last edited by
          #15

          Yeah that's the one thing I miss in my life now.

          Regards, Nish


          My technology blog: voidnish.wordpress.com

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          • D DaveAuld

            The closet name match on FB is; Nishanta Sivakumar Not that you needed to know that!

            Dave Find Me On: Web|Facebook|Twitter|LinkedIn


            Latest Article: Data Historians! You Bought It, Use It! Real World Example

            N Offline
            N Offline
            Nish Nishant
            wrote on last edited by
            #16

            :omg:

            Regards, Nish


            My technology blog: voidnish.wordpress.com

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            • N Nish Nishant

              Smart :-)

              Regards, Nish


              My technology blog: voidnish.wordpress.com

              D Offline
              D Offline
              Dan Mos
              wrote on last edited by
              #17

              :-O

              All the best, Dan

              1 Reply Last reply
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              • N Nish Nishant

                But you can remove all info and replace it with dummy data, right?

                Regards, Nish


                My technology blog: voidnish.wordpress.com

                realJSOPR Offline
                realJSOPR Offline
                realJSOP
                wrote on last edited by
                #18

                As in "I was a dummy for creating the account in the first place"?

                ".45 ACP - because shooting twice is just silly" - JSOP, 2010
                -----
                You can never have too much ammo - unless you're swimming, or on fire. - JSOP, 2010
                -----
                "Why don't you tie a kerosene-soaked rag around your ankles so the ants won't climb up and eat your candy ass." - Dale Earnhardt, 1997

                N S 2 Replies Last reply
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                • realJSOPR realJSOP

                  I'm one of the other two. That leaves just one more - I wonder who it its..

                  ".45 ACP - because shooting twice is just silly" - JSOP, 2010
                  -----
                  You can never have too much ammo - unless you're swimming, or on fire. - JSOP, 2010
                  -----
                  "Why don't you tie a kerosene-soaked rag around your ankles so the ants won't climb up and eat your candy ass." - Dale Earnhardt, 1997

                  PJ ArendsP Offline
                  PJ ArendsP Offline
                  PJ Arends
                  wrote on last edited by
                  #19

                  Thet would be me. :(


                  You may be right I may be crazy -- Billy Joel -- Within you lies the power for good - Use it!

                  Within you lies the power for good; Use it!

                  1 Reply Last reply
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                  • realJSOPR realJSOP

                    As in "I was a dummy for creating the account in the first place"?

                    ".45 ACP - because shooting twice is just silly" - JSOP, 2010
                    -----
                    You can never have too much ammo - unless you're swimming, or on fire. - JSOP, 2010
                    -----
                    "Why don't you tie a kerosene-soaked rag around your ankles so the ants won't climb up and eat your candy ass." - Dale Earnhardt, 1997

                    N Offline
                    N Offline
                    Nish Nishant
                    wrote on last edited by
                    #20

                    Well yeah, that too I guess :-)

                    Regards, Nish


                    My technology blog: voidnish.wordpress.com

                    1 Reply Last reply
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                    • T The_Real_Chubaka

                      I don't know if this is stupid question but, how does Facebook make money? Is it only from advertising? If it is, i really doubt that. There are only few advertisements on Facebook for them to make that much money! I apologize for my ignorance. I'm sure everyone knows the answer :)

                      Regards, Herve

                      C Offline
                      C Offline
                      c2423
                      wrote on last edited by
                      #21

                      The money comes from a smart advertising model - users voluntarily enter all the information about themselves that any marketer would kill to get hold of, so the ads that are delivered are very targeted. So for example if I "like" Golf, and someone selling golf clubs can target all users who "like" Golf, I'm going to see ads for golf clubs - contrast this with TV ads where it's quite broad spectrum (you might guess that I'll buy shampoo if I watch some chick flick, but thats as good as you get), or Google (which may reasonably guess and place a golf club ad if I look up Tiger Woods latest affair, but I pretty much have to visit the page or discuss it in my GMail) Chris

                      1 Reply Last reply
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                      • S Slacker007

                        Nishant Sivakumar wrote:

                        I must be one of the few people here who do not have a FB account.

                        I don't have one either. I used to, for about 2 months, and then deactivated it (accounts can't be deleted).

                        N Offline
                        N Offline
                        Nemanja Trifunovic
                        wrote on last edited by
                        #22

                        Slacker007 wrote:

                        accounts can't be deleted

                        I deleted mine following these instructions[^] and got an e-mail from Facebook confirming it is deleted (not merely deactivated). Now, I don't really believe them, but that's another story :)

                        utf8-cpp

                        1 Reply Last reply
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                        • T The_Real_Chubaka

                          I don't know if this is stupid question but, how does Facebook make money? Is it only from advertising? If it is, i really doubt that. There are only few advertisements on Facebook for them to make that much money! I apologize for my ignorance. I'm sure everyone knows the answer :)

                          Regards, Herve

                          C Offline
                          C Offline
                          Chris Losinger
                          wrote on last edited by
                          #23

                          advertising, mostly. but also by selling Facebook "credits", for use within games.

                          image processing toolkits | batch image processing

                          T 1 Reply Last reply
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                          • S S Houghtelin

                            http://www.businessinsider.com/how-does-facebook-make-money-2010-5[^] The COO looks a bit uptight, the look my wife has when I tell her I'm getting another guitar. :)

                            It was broke, so I fixed it.

                            T Offline
                            T Offline
                            The_Real_Chubaka
                            wrote on last edited by
                            #24

                            S Houghtelin wrote:

                            the look my wife has when I tell her I'm getting another guitar.

                            Does she love your guitar that much or are you always buying new guitars? :-D Or maybe you always say that but, never buy a new guitar?

                            S 1 Reply Last reply
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                            • D DaveAuld

                              http://www.techzene.com/social-media/how-facebook-makes-money/[^] Answer your question?

                              Dave Find Me On: Web|Facebook|Twitter|LinkedIn


                              Latest Article: Data Historians! You Bought It, Use It! Real World Example

                              T Offline
                              T Offline
                              The_Real_Chubaka
                              wrote on last edited by
                              #25

                              Wow!

                              1 Reply Last reply
                              0
                              • T The_Real_Chubaka

                                I don't know if this is stupid question but, how does Facebook make money? Is it only from advertising? If it is, i really doubt that. There are only few advertisements on Facebook for them to make that much money! I apologize for my ignorance. I'm sure everyone knows the answer :)

                                Regards, Herve

                                W Offline
                                W Offline
                                wizardzz
                                wrote on last edited by
                                #26

                                If you want to see how they make money, look up the cost to buy advertising space. I's per viewer, you buy how many users will see it and can tune it to things listed in their profile interests. I unfortunately have done this before. For example, you can buy 10,000 views from users that list "guns" in their interests.

                                1 Reply Last reply
                                0
                                • C Chris Losinger

                                  advertising, mostly. but also by selling Facebook "credits", for use within games.

                                  image processing toolkits | batch image processing

                                  T Offline
                                  T Offline
                                  The_Real_Chubaka
                                  wrote on last edited by
                                  #27

                                  Wow. I really wish i could come uo with a bright idea like facebook to make money

                                  1 Reply Last reply
                                  0
                                  • realJSOPR realJSOP

                                    As in "I was a dummy for creating the account in the first place"?

                                    ".45 ACP - because shooting twice is just silly" - JSOP, 2010
                                    -----
                                    You can never have too much ammo - unless you're swimming, or on fire. - JSOP, 2010
                                    -----
                                    "Why don't you tie a kerosene-soaked rag around your ankles so the ants won't climb up and eat your candy ass." - Dale Earnhardt, 1997

                                    S Offline
                                    S Offline
                                    Slacker007
                                    wrote on last edited by
                                    #28

                                    Yes, I was a big dummy for doing it.

                                    1 Reply Last reply
                                    0
                                    • N Nish Nishant

                                      But you can remove all info and replace it with dummy data, right?

                                      Regards, Nish


                                      My technology blog: voidnish.wordpress.com

                                      S Offline
                                      S Offline
                                      Slacker007
                                      wrote on last edited by
                                      #29

                                      Nishant Sivakumar wrote:

                                      But you can remove all info and replace it with dummy data, right?

                                      That's what I did before I deactivated the account...as much of it as I could. My saving grace is that I did not post a lot on the site. I used it to chat with my friends in California.

                                      D 1 Reply Last reply
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                                      • T The_Real_Chubaka

                                        S Houghtelin wrote:

                                        the look my wife has when I tell her I'm getting another guitar.

                                        Does she love your guitar that much or are you always buying new guitars? :-D Or maybe you always say that but, never buy a new guitar?

                                        S Offline
                                        S Offline
                                        S Houghtelin
                                        wrote on last edited by
                                        #30

                                        hervebags wrote:

                                        are you always buying new guitars?

                                        :) New to me that is. She'll ask me why I need another guitar, then how much does THIS one cost. Maybe I need to start a social network to pay for my hobby.

                                        It was broke, so I fixed it.

                                        T 1 Reply Last reply
                                        0
                                        • realJSOPR realJSOP

                                          I'm one of the other two. That leaves just one more - I wonder who it its..

                                          ".45 ACP - because shooting twice is just silly" - JSOP, 2010
                                          -----
                                          You can never have too much ammo - unless you're swimming, or on fire. - JSOP, 2010
                                          -----
                                          "Why don't you tie a kerosene-soaked rag around your ankles so the ants won't climb up and eat your candy ass." - Dale Earnhardt, 1997

                                          D Offline
                                          D Offline
                                          Don Burton
                                          wrote on last edited by
                                          #31

                                          Count me in as a FB account "have not". Should we start a secret society? :)

                                          N D 2 Replies Last reply
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