How does Facebook Make Money?
Here are some known ways of how Facebook makes money. Some of them may not sound as appealing if you are a Facebook user. Yet, these are facts disclosed by Facebook CEO and Founder, Mark Zuckerberg and other reliable sources.
Advertising is the biggest revenue earner for Facebook. According to the latest statistics, over six million advertisers worldwide and the number is growing steadily.
Facebook Business is especially for entrepreneurs, small businesses and companies that wish to reach out to the maximum number of people worldwide.
Facebook Uses Your Personal Data
Yes, it does. Facebook indeed uses your personal data to make cash. This revelation came from its founder and CEO Mark Zuckerberg during the US Senate’s Commerce and Judiciary Committees in April 2018.
Dynamic Ads/ Self-Serve Advertising
Dynamic Ads is a feature from Facebook. It allows advertisers to create content based on gender, location, likes, religious inclination, age and other specifics of your profile.
Facebook Audience Networks
This is a relatively new feature on Facebook for video developers and advertisers. It allows them to stream live videos and recordings to users like us. The type of videos is again decided by your user profile details.
Facebook Audience Networks
This is a relatively new feature on Facebook for video developers and advertisers. It allows them to stream live videos and recordings to users like us. The type of videos is again decided by your user profile details.
Facebook bought a popular instant messaging application, WhatsApp for close to $20 billion in 2014. By April 2018, WhatsApp was earning some revenues for Facebook.
Facebook also owns Instagram. Instagram, the pictures and video sharing network recorded revenues in excess of $6.84 billion by the end of December 2018.
Games on Facebook
Fond of playing games like Farmville and others on Facebook? Then you are also helping Facebook to make money. How? Most developers that wish to popularize their latest release, push the game over Facebook.
Facebook Messenger
Facebook Messenger is yet another avenue how Facebook makes money. It has over two billion MAUs, according to latest estimates.
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