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Ho do companies like facebook make money? - Printable Version

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Ho do companies like facebook make money? - viewua - 04-08-2014 08:32 PM

Are they charging companies for letting them advertise on there site? Is this the only way they make money?


- Uncommon Sense - 04-08-2014 08:40 PM

You asked this already.


- Joe - 04-08-2014 08:44 PM

Basically they way big Internet company's make money is that they rent out small spaces on their Web pages so that smaller companies have a chance at catching people's attention wen they r browsing the Internet for example Google is roughly worth £25 billion its a giant Web company how they have made their money they rent out Web spaces to companies for advertising to the public and Facebook is anthor major company they also rent out Web spaces to small businesses to help them out in a way that's how these companies make their money hopefully that's helped Smile


- vayden12 - 04-08-2014 08:48 PM

Everybody will talk about advertising, which is one way they make money, but the less known way is through research. Facebook and other social media can gather millions of points of data and trends (what people 'Like' and 'Share') and then companies bid for this information. Facebook is a research machine and that is why the advertising is also tuned toward content you like and show interest in because you may purchase something eventually.


- dourdan - 04-08-2014 08:53 PM

yes that is pretty much it


- Neil - 04-08-2014 09:00 PM

They sell advertising space on their website.


- Mark - 04-08-2014 09:05 PM

Company use Facebook as for the ad of his own product and other thinks.