Facebook - profit
#1
Facebook - profit
Can anyone tell me how facebook makes a profit? I was wondering earlier as I was on there, there are no subscriptions, there is no advertising that I have noticed, but it cant be cheap to host something as large as that, so where do they generate their revenue from?
#3
It doesn't I don't think, all the perceived value is in the masses of databases of user details. They have far less advertising revenue than is necessary to generate a profit.
Edit:
I stand corrected, it started making profit late last year: http://www.independent.co.uk/news/bu...t-1788430.html
Edit:
I stand corrected, it started making profit late last year: http://www.independent.co.uk/news/bu...t-1788430.html
Last edited by ReallyReallyGoodMeat; 28 July 2010 at 08:07 PM.
#7
Moderator
iTrader: (1)
I have a feeling they sell on user browsing habits or statistical data derived from it to companies involved with direct/targeted marketing.
Put it this way, if I'm still logged in to FB or still have their cookies on my system and I visit a website with their affiliated content sharing plug-in (where I note a little thumb up icon somewhere saying "Ali-B likes this" etc.) FB knows I've been there, regardless if I click on it or not. Add the fact it has pictures of me (tagged by others ), knows my age, marital status, what I watch on TV and what I did last friday (should I bother to put that information on there). Then this data is an invaluble resource. Just like google knows where you go and what you click, but what FB knows about you can be alot more detailed.
To those who want targeted advertising or statistical data, that is invaluble.
Of course FB deny it is used for such purposes, and maybe in a direct sense that is true. It's not going directly sell your data or anything that identifies you, or your browsing habits. But it "may" use the non-identifying data that it happens collects along with it - For example: it may know that 6587 of the people who visted elephantporn.com were over 32 years old, divorced and had a pet cat.
Put it this way, if I'm still logged in to FB or still have their cookies on my system and I visit a website with their affiliated content sharing plug-in (where I note a little thumb up icon somewhere saying "Ali-B likes this" etc.) FB knows I've been there, regardless if I click on it or not. Add the fact it has pictures of me (tagged by others ), knows my age, marital status, what I watch on TV and what I did last friday (should I bother to put that information on there). Then this data is an invaluble resource. Just like google knows where you go and what you click, but what FB knows about you can be alot more detailed.
To those who want targeted advertising or statistical data, that is invaluble.
Of course FB deny it is used for such purposes, and maybe in a direct sense that is true. It's not going directly sell your data or anything that identifies you, or your browsing habits. But it "may" use the non-identifying data that it happens collects along with it - For example: it may know that 6587 of the people who visted elephantporn.com were over 32 years old, divorced and had a pet cat.
Last edited by ALi-B; 28 July 2010 at 11:09 PM.
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#8
#11
Moderator
iTrader: (1)
I wouldn't say its that evil. It just preys on those willing to put their information on there. Much like those invasive questionnaires one gets every now and again from some companies that ask your wage, favourite newspaper, mortgage info, insurance renewal dates etc.
If you only enter information or details that you have no problem with being public (like you would do on Scoobynet) its not a problem. The issue arises when people go on there and put their whole life story on there then assume its going to be 100% private.
If you only enter information or details that you have no problem with being public (like you would do on Scoobynet) its not a problem. The issue arises when people go on there and put their whole life story on there then assume its going to be 100% private.
#13
I wouldn't say its that evil. It just preys on those willing to put their information on there. Much like those invasive questionnaires one gets every now and again from some companies that ask your wage, favourite newspaper, mortgage info, insurance renewal dates etc.
If you only enter information or details that you have no problem with being public (like you would do on Scoobynet) its not a problem. The issue arises when people go on there and put their whole life story on there then assume its going to be 100% private.
If you only enter information or details that you have no problem with being public (like you would do on Scoobynet) its not a problem. The issue arises when people go on there and put their whole life story on there then assume its going to be 100% private.
I could not find enough time to spend here and on Facebook anyway.
Les
#14
Scooby Senior
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