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  3. How exactly does facebook make money?

How exactly does facebook make money?

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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

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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

            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!

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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.

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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.

                        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
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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

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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

                                1 Reply Last reply
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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
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                                  • 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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                                    • 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

                                      P Offline
                                      P Offline
                                      PIEBALDconsult
                                      wrote on last edited by
                                      #36

                                      Hand over fist.

                                      1 Reply Last reply
                                      0
                                      • D David Crow

                                        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 Offline
                                        S Offline
                                        Slacker007
                                        wrote on last edited by
                                        #37

                                        DavidCrow wrote:

                                        Wouldn't an e-mail have sufficed?

                                        You are kidding me right? You have to know that chat and e-mail are two different things.

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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

                                          T Offline
                                          T Offline
                                          TheGreatAndPowerfulOz
                                          wrote on last edited by
                                          #38

                                          me neither! welcome to the club of the non-FB few!

                                          "If your actions inspire others to dream more, learn more, do more and become more, you are a leader." - John Quincy Adams

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