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  3. How exactly does facebook make money?

How exactly does facebook make money?

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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

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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

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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!

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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

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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

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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

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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
                    0
                    • 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
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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

                        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
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                        • 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

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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

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

                            Yes, I was a big dummy for doing it.

                            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

                              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.

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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.

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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

                                  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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                                  • D Don Burton

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

                                    N Offline
                                    N Offline
                                    Nemanja Trifunovic
                                    wrote on last edited by
                                    #32

                                    Don Burton wrote:

                                    Should we start a secret society

                                    On Facebook?

                                    utf8-cpp

                                    1 Reply Last reply
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                                    • D Don Burton

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

                                      D Offline
                                      D Offline
                                      David Crow
                                      wrote on last edited by
                                      #33

                                      Don Burton wrote:

                                      Should we start a secret society?

                                      Danae, from the Non Sequitor strip, is finding that to not be an easy task.

                                      "One man's wage rise is another man's price increase." - Harold Wilson

                                      "Fireproof doesn't mean the fire will never come. It means when the fire comes that you will be able to withstand it." - Michael Simmons

                                      "Man who follows car will be exhausted." - Confucius

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                                      • S Slacker007

                                        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 Offline
                                        D Offline
                                        David Crow
                                        wrote on last edited by
                                        #34

                                        Slacker007 wrote:

                                        I used it to chat with my friends in California.

                                        Wouldn't an e-mail have sufficed?

                                        "One man's wage rise is another man's price increase." - Harold Wilson

                                        "Fireproof doesn't mean the fire will never come. It means when the fire comes that you will be able to withstand it." - Michael Simmons

                                        "Man who follows car will be exhausted." - Confucius

                                        S 1 Reply Last reply
                                        0
                                        • S S Houghtelin

                                          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 Offline
                                          T Offline
                                          The_Real_Chubaka
                                          wrote on last edited by
                                          #35

                                          Good idea! Start a new facebook so you can buy as many guitars as you as want. ;) It must be hard, having a wife. I don't have one. I can't experience those kind of things ;P

                                          1 Reply Last reply
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