how exactly does facebook make money?

[mizzou]

I think there are advertisements and spam everywhere, but I obviously ignore them all. I and all my friends have spent $0.00 while on facebook, and $0.00 on it's advertisements.

How exactly is this a huge "business"? Is it just for the exposure?

 

[zinfamous]

They sell incredibly valuable marketing data to all of their clients. The data is complied from individual member's internetting habits. It's all anonymous, though (basically random computers sharing the data to other computers, no personal information included). Ironically, this is the least of Facebook's real privacy concerns, yet it seems to be the one that its critics bitch about the most.

Or something like that.

 

[ABitTooSpicy]

I believe it is all advertising... Companies pay big bugs to get the prime realestate on the site. Even if a small % of users click on it, the companies get a good deal and Facebook makes boat loads.

I believe I read somewhere they may hit $1B in revenue soon.

::EDIT:: Here it is: http://www.reuters.com/article/idUSTRE65H01W20100618

 

[Capt Caveman]

Also advertising and revenue sharing from third party apps and games.

 

[zerocool84]

I think there are advertisements and spam everywhere, but I obviously ignore them all. I and all my friends have spent $0.00 while on facebook, and $0.00 on it's advertisements.

How exactly is this a huge "business"? Is it just for the exposure?

LOL so you think advertisements don't work??? wow...........

 

[Numenorean]

I believe it is all advertising... Companies pay big bugs to get the prime realestate on the site. Even if a small % of users click on it, the companies get a good deal and Facebook makes boat loads.

I believe I read somewhere they may hit $1B in revenue soon.

::EDIT:: Here it is: http://www.reuters.com/article/idUSTRE65H01W20100618

So companies pay in these?

 

[DaveSimmons]

I like big bugs and I cannot lie . . . .

 

[Numenorean]

Fucking Facebook, how does it work??

 

[mizzou]

LOL so you think advertisements don't work??? wow...........

there is good advertising and bad advertising


GEICO commercials, cute and funny, and they get you to call them (Well some people)

Internet ad that pops up and blocks the link I want to click on, GTFO of my way! (nuke site from orbit)

Some advertisements, like those on Facebook. ARE TOTALLY WORTHLESS!

It's improper exposure IMO, and if I was a business lead I wouldn't waste thousands of dollars on it.

 

[mizzou]

Fucking Facebook, how does it work??

And I don't want to listen to an economist, mother #%2#%!'s are lyin, and gettin me pissed!

 

[hans030390]

Fucking Facebook, how does it work??

Slavery.

 

[Numenorean]

there is good advertising and bad advertising


GEICO commercials, cute and funny, and they get you to call them (Well some people)

Internet ad that pops up and blocks the link I want to click on, GTFO of my way! (nuke site from orbit)

Some advertisements, like those on Facebook. ARE TOTALLY WORTHLESS!

It's improper exposure IMO, and if I was a business lead I wouldn't waste thousands of dollars on it.

Advertising works on some but not on others.

I just ignore ads so nobody is really getting any money from me.

 

[mizzou]

Advertising works on some but not on others.

I just ignore ads so nobody is really getting any money from me.

Can anyone on this forum say, "Hey, I'm glad that Facebook ad led me to *352525.xcom*, it changed my life!"

NO

nobody can


Facebook will eventually start charging a user fee (lets give it 3-5 years from now) or it will drastically change it's privacy policies to make $, and then everyone will leave and lemming onto the next free site.

 

[Numenorean]

Can anyone on this forum say, "Hey, I'm glad that Facebook ad led me to *352525.xcom*, it changed my life!"

NO

nobody can


Facebook will eventually start charging a user fee (lets give it 3-5 years from now) or it will drastically change it's privacy policies to make $, and then everyone will leave and lemming onto the next free site.

Have you even been on Facebook?

Do you have any idea how many fucking morons on there are playing stupid shit like FarmVille and have that shit plastered all over their wall?

 

[mizzou]

Have you even been on Facebook?

Do you have any idea how many fucking morons on there are playing stupid shit like FarmVille and have that shit plastered all over their wall?

How much money did they give to Farmville?

 

[Eli]

I think I've clicked on about 5 ads in my entire 15 year internet career.

Four of them were on accident.

 

[Pantoot]

How much money did they give to Farmville?

As of April roughly $1 million/day.

 

[bfdd]

FB now is also getting a cut of money from games if I remember right now. They have created like facebook bucks or some shit which you can use across all games, at least that's the goal.

 

[zerocool84]

there is good advertising and bad advertising


GEICO commercials, cute and funny, and they get you to call them (Well some people)

Internet ad that pops up and blocks the link I want to click on, GTFO of my way! (nuke site from orbit)

Some advertisements, like those on Facebook. ARE TOTALLY WORTHLESS!

It's improper exposure IMO, and if I was a business lead I wouldn't waste thousands of dollars on it.

If advertising didn't work, companies wouldn't pay so much for it. Advertising works plain and simple and it's profitable.

 

[shocksyde]

Can anyone on this forum say, "Hey, I'm glad that Facebook ad led me to *352525.xcom*, it changed my life!"

NO

nobody can


Facebook will eventually start charging a user fee (lets give it 3-5 years from now) or it will drastically change it's privacy policies to make $, and then everyone will leave and lemming onto the next free site.

They're about to hit $1B in revenue. Why in the hell would they start charging?!?!?

 

[BeauJangles]

I think I've clicked on about 5 ads in my entire 15 year internet career.

Four of them were on accident.

You are clearly not their average user. There are people spending $20,000 / day advertising with a healthy ROI. And by people, I mean individuals, not big companies. Big companies drop more than that.

I don't understand how a bunch of nerds, on a nerd forum, fail to realize that the way they browse the internet is not the way 99% of the world browses the internet.

Facebook advertising mints money.

 

[BeauJangles]

there is good advertising and bad advertising


GEICO commercials, cute and funny, and they get you to call them (Well some people)

Internet ad that pops up and blocks the link I want to click on, GTFO of my way! (nuke site from orbit)

Some advertisements, like those on Facebook. ARE TOTALLY WORTHLESS!

It's improper exposure IMO, and if I was a business lead I wouldn't waste thousands of dollars on it.

And that's why you aren't in advertising.

The ads aren't worthless. They are, in fact, worth quite a bit to the people that pay for them. I mean, do you seriously think there'd be ads on facebook if they didn't work?

 

[zinfamous]

I think I've clicked on about 5 ads in my entire 15 year internet career.

Four of them were on accident.

lemme guess, 5th one promised donkey sex?

 

[pray4mojo]

I think there are advertisements and spam everywhere, but I obviously ignore them all. I and all my friends have spent $0.00 while on facebook, and $0.00 on it's advertisements.

How exactly is this a huge "business"? Is it just for the exposure?

I've spent $0.00 using google too

 

[mizzou]

And that's why you aren't in advertising.

The ads aren't worthless. They are, in fact, worth quite a bit to the people that pay for them. I mean, do you seriously think there'd be ads on facebook if they didn't work?

bullshit, building credibility is the best way to sell your crap

then you can pander your wares



WTF is this shitty link with the same picture of that person on the other 100 ads I've seen? Oh that's right, it's fucking spam "AVOID!"

Any business worth buying stock, does not advertise like a goon on facebook.

You want to tell me that www.totalhairregrowth.com is minting gold off of it's facebook ad? I highly doubt it!


I do see something with an established company simply expanding it's base, but thinking you can advertise and get customers is pretty fail. Those ads just scream "spam/fake"


There is no science in advertisement, just people making money off of weak / strong businesses.


Here's a comment you can rip apart that I will stand by

"Budweiser would still be king, even without being king of the commercials"



I won't go to court and defend this position, but I sure as hell love trying to promote it