does facebook make money?, If yes how? learn how an internet self made millionaire, mark zuckerberg – facebook boss and his team keep on generating endless money on autopilot from the world no 1 social networking site – Facebook.com.
How does Facebook make money? It is actually a much easier process than you might expect! Given the enormous size of it could be something very complex, but it is actually quite simple.
The 3 Major Revenue Source For Facebook
Basically, Facebook makes money with 3 main things:
1. Advertising or Facebook ads
1. Facebook Ads: This is definitely leading in this way that Facebook makes money. Last year Facebook collected revenues in the hundreds of millions from advertisers! even as the year goes by they will still keep making the money
Where are these facebook advertisements? Most of them are on the right side of the screen when you are logged in. Companies and organizations to promote almost anything on Facebook, of upcoming races and charity events for rings or jewelry car insurance.
Why are so many people willing to pay millions of dollars to Facebook for advertising? How does Facebook make money hand over fist from these companies? Because they can target the exact demographics they want! so facebook relies on its users data status and demographic details, this is one of the main reasons why their ads is so targeted.
For example, if a dentist office wants new customers, they can target people within the closest 10 miles of their city.
Or, if a life insurance company aims to target people aged 55 years, he can easily target it with innovative facebook ads.By targeting just the right people, companies are easily able to reach the future customers they want the most. Many companies make millions of dollars years simply because of their Facebook ads, which tend to convert very well
2. Facebook Gifts: This is another way that Facebook brings in money. Have you ever sent a gift for a friend for a birthday, Valentine’s Day, or anything else? This costs a small amount each time you one, but added 500 – 600 million people if you can send the gifts! This is a relatively small species is that Facebook generates money.
3. Facebook Applications: Have you ever heard of a little game called FarmVille? I’m guessing you have, since it has tens of millions of players across the world.
How does Facebook make money from applications? Well, made the same applications in general, by other companies.
For example, Zynga is the company that created FarmVille, Cafï World, Mafia Wars, and many other games. They basically rent space on Facebook, go to games, then have to pay Facebook to do it.
This is another major way that Facebook makes money.
With millions of players in these games (and other applications), you know, Facebook must store a lot of money for this niche
The Top Secret To How Facebook Makes Money which is FB ads is achieved via facebook user data – Facebook makes money from user’s data displaying online ads to users base on their demographics, interests, gender, likes, etc.
If you have been curious about facebook revenue source, i am sure this article has answer your How does Facebook makes money question? so this is exactly how facebook makes money.
Featured Youtube Video On How Facebook Makes Money Online With Free Users Account