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Several times without number, many people have asked me questions like this in the past. Facebook is obviously the best and most popular online social network on the internet today with billions of active users all over the world. It was launched just a few years ago by the young Billionaire owner, Mark Zuckerberg, an American computer programmer and his team. And since the inception of this great online social platform, vast world wide users from almost all countries of the world have joined the network and even as the days roll past, many are still signing up for their Facebook accounts.
Most interestingly, the users of Facebook do not pay a dime to gain access to all the interactive features available on the social network unlike the case seen with some other social networks and mobile messengers like the WhatsApp application which requires users to pay the sum if $0.99 for the subsequent years after their initial one year Free Trial period for the Application elapses. But Facebook has made it in such a way that using their website interactive features as well their Applications and messenger is totally free of charges for all their registered members and users.
Thus, many people keep on wondering how Facebook actually makes the money with which they manage the giant social portal and offset their running costs including the costs of innovating new features, programming, web hosting, domain name maintenance, designing and other miscellaneous cost aspects. Or are they just a charitable and non-profit social network? In my email inbox, people often send me messages asking me to throw more light on this very issue in one of my future posts and that is what I am doing right now. Even people who know me physically (like my old school friends and neighbours) who are so much acquainted with the internet confront and bombard me with questions like this often and on and I guess it is high time I gave an official answer about it so as to clear the minds of people and foster understanding about how the Facebook social networking platform generates their revenue with which to sustain their existence.
Now, get it straight from me - Facebook makes money from their portal through their Advertising features. If you login to your facebook account from a PC or desktop device and look at the right hand side of your screen, you will see ad blocks and banners of different types of products, brands, events, ideas, news, services and many more relating to many businesses, companies, websites, celebrities, communities, groups and associations. And even when you access your Facebook account from your mobile devices, you will also see sponsored ads by Facebook pages placed among your Facebook news feeds. You can easily identify these ads by seeing the text 'Sponsored' below each of the updates and usually, such updates have a big number of comments and likes because they have gained more exposure to the targeted audiences through the Targeted Facebook Advertising Program.
That is how the Facebook Portal generates their online revenue. Creating of Facebook pages by companies, individuals, entrepreneurs, associations, brands, celebrities, artistes, associations and communities is absolutely free of charge. But when they want to boost the reach of their page updates to a wider audience, Facebook will always charge them advertising fees according to their budgets.
There are specific reasons that usually prompts users to advertise on Facebook and they include the following:
• First, to promote their Facebook pages and get more Facebook fans. Here, the advertisers create, implement. And sponsor their advertising campaigns with the sole aim of getting more Facebook users interested in what they offer to like their pages.
• Secondly, to promote their basic page updates on Facebook and get more comment, likes and boost interactivity on their pages. For instance, a Facebook page based providing effective weight loss tips to their fans can write an update on how to reduce the body chloresterol level to a moderate level and promote it to reach more target audiences using Facebook ads. By so doing, many people will read the updates, drop their comments and possibly buy whatever products, e-books or services offered by the Page administrator.
• Thirdly, to promote their websites, online contents and blog updates. This is the most popular reason why many people place their adverts on Facebook. Most webmasters have seen the Facebook Advertising feature as a very effective way of driving massive traffic to their website/blog contents, updates, services and products. While news and entertainment portals promote links their contents on Facebook, other service-based websites and e-commerce platforms like Jumia, Konga, Dealdey and even commercial banks promote their products and services by setting up Facebook ads linking to their official websites and blogs. By so doing, they drive customers and readers to their websites and blogs and boost their daily patronage and readership levels.
On a very good note too, the Facebook Advertisng feature offers users the chance to target their ads according to specific locations, countries and interest and also, flexible advertising plans whereby users can easily set their maximum and minimum advert budgets according to the money they have at hand for defined durations and times. Thus, you can for instance decide to spend just $1 advertising on Facebook for one week only in the evening times.
And that is how Facebook earns the money with which the propel the platform forward, innovate new features and compensate their developers, programmer, staffs and offset other running costs just to enhance their user experiences and provide appealing features for all their members. The competition and scramble for online users among other giant social network platforms including Twitter, Linkedin, GooglePlus, Stumbleupon, Digg, Pinterest and many more is getting more intense day by day and Facebook does not want to loose their top spot. Others offer advertising programs too to generate their revenue but I think Facebook offers their own in a more unique way. They lead and others follow them.
To learn more about the Facebook advertising program, make more research on the internet about it. Better still visit the official Facebook Advertising page on www.facebook.com/advertising and read more articles from their knowledge-base in order to have a good knowledge of how the program actually works.
Also, you can ask me your questions by dropping them here using the comment box below for prompt answers and assistance.
Always visit this blog as often as you can and read my fresh updates everyday on how to make money online, save money and start a profitable business venture. Many of my older posts which you must have missed are also waiting for you. Feel free to make out time and read them. Be informed to perform and not get deformed.
Cheers and thank you for coming around to read this post! I just hope you got maximum value for the time well-spent here? If so then, I am very happy for you.
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Several times without number, many people have asked me questions like this in the past. Facebook is obviously the best and most popular online social network on the internet today with billions of active users all over the world. It was launched just a few years ago by the young Billionaire owner, Mark Zuckerberg, an American computer programmer and his team. And since the inception of this great online social platform, vast world wide users from almost all countries of the world have joined the network and even as the days roll past, many are still signing up for their Facebook accounts.
Most interestingly, the users of Facebook do not pay a dime to gain access to all the interactive features available on the social network unlike the case seen with some other social networks and mobile messengers like the WhatsApp application which requires users to pay the sum if $0.99 for the subsequent years after their initial one year Free Trial period for the Application elapses. But Facebook has made it in such a way that using their website interactive features as well their Applications and messenger is totally free of charges for all their registered members and users.
[Post Image Courtesy of Stuart Miles at FreeDigitalPhotos.net]
Thus, many people keep on wondering how Facebook actually makes the money with which they manage the giant social portal and offset their running costs including the costs of innovating new features, programming, web hosting, domain name maintenance, designing and other miscellaneous cost aspects. Or are they just a charitable and non-profit social network? In my email inbox, people often send me messages asking me to throw more light on this very issue in one of my future posts and that is what I am doing right now. Even people who know me physically (like my old school friends and neighbours) who are so much acquainted with the internet confront and bombard me with questions like this often and on and I guess it is high time I gave an official answer about it so as to clear the minds of people and foster understanding about how the Facebook social networking platform generates their revenue with which to sustain their existence.
Now, get it straight from me - Facebook makes money from their portal through their Advertising features. If you login to your facebook account from a PC or desktop device and look at the right hand side of your screen, you will see ad blocks and banners of different types of products, brands, events, ideas, news, services and many more relating to many businesses, companies, websites, celebrities, communities, groups and associations. And even when you access your Facebook account from your mobile devices, you will also see sponsored ads by Facebook pages placed among your Facebook news feeds. You can easily identify these ads by seeing the text 'Sponsored' below each of the updates and usually, such updates have a big number of comments and likes because they have gained more exposure to the targeted audiences through the Targeted Facebook Advertising Program.
That is how the Facebook Portal generates their online revenue. Creating of Facebook pages by companies, individuals, entrepreneurs, associations, brands, celebrities, artistes, associations and communities is absolutely free of charge. But when they want to boost the reach of their page updates to a wider audience, Facebook will always charge them advertising fees according to their budgets.
There are specific reasons that usually prompts users to advertise on Facebook and they include the following:
• First, to promote their Facebook pages and get more Facebook fans. Here, the advertisers create, implement. And sponsor their advertising campaigns with the sole aim of getting more Facebook users interested in what they offer to like their pages.
• Secondly, to promote their basic page updates on Facebook and get more comment, likes and boost interactivity on their pages. For instance, a Facebook page based providing effective weight loss tips to their fans can write an update on how to reduce the body chloresterol level to a moderate level and promote it to reach more target audiences using Facebook ads. By so doing, many people will read the updates, drop their comments and possibly buy whatever products, e-books or services offered by the Page administrator.
• Thirdly, to promote their websites, online contents and blog updates. This is the most popular reason why many people place their adverts on Facebook. Most webmasters have seen the Facebook Advertising feature as a very effective way of driving massive traffic to their website/blog contents, updates, services and products. While news and entertainment portals promote links their contents on Facebook, other service-based websites and e-commerce platforms like Jumia, Konga, Dealdey and even commercial banks promote their products and services by setting up Facebook ads linking to their official websites and blogs. By so doing, they drive customers and readers to their websites and blogs and boost their daily patronage and readership levels.
On a very good note too, the Facebook Advertisng feature offers users the chance to target their ads according to specific locations, countries and interest and also, flexible advertising plans whereby users can easily set their maximum and minimum advert budgets according to the money they have at hand for defined durations and times. Thus, you can for instance decide to spend just $1 advertising on Facebook for one week only in the evening times.
And that is how Facebook earns the money with which the propel the platform forward, innovate new features and compensate their developers, programmer, staffs and offset other running costs just to enhance their user experiences and provide appealing features for all their members. The competition and scramble for online users among other giant social network platforms including Twitter, Linkedin, GooglePlus, Stumbleupon, Digg, Pinterest and many more is getting more intense day by day and Facebook does not want to loose their top spot. Others offer advertising programs too to generate their revenue but I think Facebook offers their own in a more unique way. They lead and others follow them.
To learn more about the Facebook advertising program, make more research on the internet about it. Better still visit the official Facebook Advertising page on www.facebook.com/advertising and read more articles from their knowledge-base in order to have a good knowledge of how the program actually works.
Also, you can ask me your questions by dropping them here using the comment box below for prompt answers and assistance.
Always visit this blog as often as you can and read my fresh updates everyday on how to make money online, save money and start a profitable business venture. Many of my older posts which you must have missed are also waiting for you. Feel free to make out time and read them. Be informed to perform and not get deformed.
Cheers and thank you for coming around to read this post! I just hope you got maximum value for the time well-spent here? If so then, I am very happy for you.
TAGS: mark zuckerberg facebook history, mark zuckerberg facebook status, mark zuckerberg facebook stock donation, mark zuckerberg facebook offer, mark zuckerberg facebook good morning america,mark zuckerberg facebook announcement, mark zuckerberg facebook account, mark zuckerberg facebook article, mark zuckerberg facebook stock worth, mark zuckerberg facebook stock shares, mark zuckerberg facebook book club, mark zuckerberg facebook followers, mark zuckerberg facebook foundation, mark zuckerberg facebook friend request, mark zuckerberg facebook founded, mark zuckerberg facebook gift, mark zuckerberg facebook house, mark zuckerberg facebook id number, mark zuckerberg facebook india, mark zuckerberg facebook net worth, mark zuckerberg facebook oculus, mark zuckerberg facebook official profile, mark zuckerberg facebook official account, bio of mark zuckerberg facebook, mark zuckerberg facebook presentation, mark zuckerberg facebook privacy issues, mark zuckerberg facebook page, mark zuckerberg facebook russia, mark zuckerberg facebook timeline, mark zuckerberg facebook thank you, mark zuckerberg facebook team, mark zuckerberg facebook username, mark zuckerberg facebook t shirt, mark zuckerberg facebook wikipedia, mark zuckerberg facebook youtube, mark zuckerberg facebook 2015
What is Mark Zuckerberg Facebook Stock Worth? - Mark Zuckerberg Facebook Net Worth
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