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How Do Major Social Media Platforms Make Money? - Phones (6) - Nairaland

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Re: How Do Major Social Media Platforms Make Money? by kenobi007(m): 2:24pm On Oct 03, 2019
chinchonglee:

Wrong... Very wrong.
So MTN pays pornhub et al?
Yes I want to believe that. U use data to access pornhub dont u. And u pay Mtn for that data. Without the need to watch pornhub u won't subscribe, Mtn don't Mk money.
Re: How Do Major Social Media Platforms Make Money? by chinchonglee(m): 2:26pm On Oct 03, 2019
kenobi007:

Yes I want to believe that. U use data to access pornhub dont u. And u pay Mtn for that data. Without the need to watch pornhub u won't subscribe, Mtn don't Mk money.

Abeg i don taya.

Let ignorance takeover
Re: How Do Major Social Media Platforms Make Money? by Olaikpu10: 2:27pm On Oct 03, 2019
[s]
Exc2000:
data mining for corporation and government
[/s]
Re: How Do Major Social Media Platforms Make Money? by kenobi007(m): 2:38pm On Oct 03, 2019
chinchonglee:

Abeg i don taya.
U
Let ignorance takeover

Lol. Mk me dey read down for better clarification tho cuz I'm just saying
Re: How Do Major Social Media Platforms Make Money? by Nobody: 2:44pm On Oct 03, 2019
JeffreyLiaison:
Through traffic and advertisements

How do they make money from traffic?
Re: How Do Major Social Media Platforms Make Money? by Nobody: 2:45pm On Oct 03, 2019
Opeyemi4real:
Just a click on those platforms send something to their bank account

That is a lie
Re: How Do Major Social Media Platforms Make Money? by Nobody: 2:47pm On Oct 03, 2019
Abalado:
Even with what you just sent now, they are making money already

This is a lie you have believed for so long, it's time to do a little research.
Re: How Do Major Social Media Platforms Make Money? by Nobody: 2:52pm On Oct 03, 2019
hatchy:
They make their money thru the data you subscribe. The network providers (data network) pay their own part to the media where their data is used. There is an international settling arrangement or council where all these bills are settled just like the interbank settlement.

Therefore, any click you make on any site using data from network, the owners of the site make money.
It is called "pay per click"

My explanation may not be totally correct but that is the basic.

Abeg take your ignorance out of here.

Google what "pay per click" mean and stop spending your ignorance.
Re: How Do Major Social Media Platforms Make Money? by Nobody: 3:14pm On Oct 03, 2019
foolbuster:


Thats what you get when you try impacting knowledge on arrogant ignorant idiots. Sadly thats what more than half of nigerians are and 90% of them are on nairaland.


True bro. Idiocy is almost a norm now, so not surprised.

1 Like

Re: How Do Major Social Media Platforms Make Money? by Legendguru: 4:01pm On Oct 03, 2019
Ads sponsors
Re: How Do Major Social Media Platforms Make Money? by naturefellow(m): 4:26pm On Oct 03, 2019
electroTech:
You are curious yet you cannot do ordinary Google search.
There is a kind of curiosity that Google cannot satisfy!
Re: How Do Major Social Media Platforms Make Money? by Lonewolf98: 5:01pm On Oct 03, 2019
chinchonglee:
Ads bro.
I knw alot abt dat of Facebook cos i run a business dere.

Dey charge $1 per day for ads
Depending on the size of ur target audience.
Am talking from the small business perspective.
Pls can u enlighten me on the Facebook Ad..I tried running it some weeks ago..it was ineffective, all I had was likes....
Re: How Do Major Social Media Platforms Make Money? by prinxwizard(m): 5:17pm On Oct 03, 2019
chinchonglee:

U knw everything bro.
Is ur facebook acct a business acct?
You're damn funny.
That's the lowest you can go bro. You are to choose your budget for any ad.
Meanwhile I didn't say I know everything. I was just laughing at the way you sounded so confident with that $1 thing.
Re: How Do Major Social Media Platforms Make Money? by Amatrillion: 5:49pm On Oct 03, 2019
Digital marketing.
autonomous22:



But how....??
Re: How Do Major Social Media Platforms Make Money? by captainamiedi1: 6:11pm On Oct 03, 2019
they make money tru adverts and selling of ur information. that's y dey keep spying on your browser so they can kwn the right things to advert to u.

1 Like

Re: How Do Major Social Media Platforms Make Money? by Geosystem(m): 8:19pm On Oct 03, 2019
Bmaster:
some things are really getting me confused the more,..
bro, what of sites that has it as part of their T&C's that your information and bio, will kept secured from a third party, does it mean they are breaching the T&C's after all ?



Yes they are breaching the law. That's why facebook, google and some other social media are fined by regulators in both the US and EU, on a regular basis. We all need to mind whatever we post online. Cos no one is anonymous again
Re: How Do Major Social Media Platforms Make Money? by Nobody: 9:21pm On Oct 03, 2019
LordReed:

Yep, no free lunch in Freetown.
What do the companies do with the data?
Re: How Do Major Social Media Platforms Make Money? by ayo84(m): 11:54pm On Oct 03, 2019
Who has an active google adword account and can help me run a campaign
Re: How Do Major Social Media Platforms Make Money? by chinchonglee(m): 2:19am On Oct 04, 2019
prinxwizard:

You're damn funny.
That's the lowest you can go bro. You are to choose your budget for any ad.
Meanwhile I didn't say I know everything. I was just laughing at the way you sounded so confident with that $1 thing.
So hw woz i wrong on dat?
Re: How Do Major Social Media Platforms Make Money? by JeffreyLiaison(m): 5:46am On Oct 04, 2019
chinchonglee:

Network brands make money through traffic not Social media brands

Well freedom of speech, you can say whatever you want to
Re: How Do Major Social Media Platforms Make Money? by JeffreyLiaison(m): 5:49am On Oct 04, 2019
kenobi007:

Yes I want to believe that. U use data to access pornhub dont u. And u pay Mtn for that data. Without the need to watch pornhub u won't subscribe, Mtn don't Mk money.

Guy forget that nonsense you dey talk, man is there own man, pornhub gets money through ads shown on their site by adjunky and paid subscription for viewing their premium content
Re: How Do Major Social Media Platforms Make Money? by JeffreyLiaison(m): 5:53am On Oct 04, 2019
bizhop01:

What's about WhatsApp?

I am not actually sure, I would have saud based on the traffic but even though you still need something that turns huge traffic to money and that is ads.
So for WhatsApp I am not sure
Re: How Do Major Social Media Platforms Make Money? by JeffreyLiaison(m): 5:55am On Oct 04, 2019
soulpeppersoup:


How do they make money from traffic?

It is not only via traffic it has to be coupled with something which in most cases it is ads
Re: How Do Major Social Media Platforms Make Money? by prinxwizard(m): 7:42am On Oct 04, 2019
chinchonglee:

So hw woz i wrong on dat?
Buhari is definitely better than you. So after modifying that sh** you're still claiming right. Nigeria is in a deep sh**. SMH
Re: How Do Major Social Media Platforms Make Money? by chinchonglee(m): 9:29am On Oct 04, 2019
prinxwizard:

Buhari is definitely better than you. So after modifying that sh** you're still claiming right. Nigeria is in a deep sh**. SMH
Mtchew!!! U re trying hard to be funny. Continue
I know u re one of those failures who thinks dey know anything well brother i knw ntn. So because i wasnt elaborate in my explanation abt the charges u said am wrong i knw nothing. I ve been advertising on fb for 3years nw so u cant tell me sh*t. Brother get a life, stop blaming buhari.


Here is a screenshot for reference purpose

Proud lowlife individual

Re: How Do Major Social Media Platforms Make Money? by prinxwizard(m): 10:16am On Oct 04, 2019
chinchonglee:

Mtchew!!! U re trying hard to be funny. Continue
I know u re one of those failures who thinks dey know anything well brother i knw ntn. So because i wasnt elaborate in my explanation abt the charges u said am wrong i knw nothing. I ve been advertising on fb for 3years nw so u cant tell me sh*t. Brother get a life, stop blaming buhari.


Here is a screenshot for reference purpose

Proud lowlife individual
Accept the fact that you realized your mistake and modified your initial comment. You wouldn't die if you do that.
Re: How Do Major Social Media Platforms Make Money? by chinchonglee(m): 10:39am On Oct 04, 2019
prinxwizard:

Accept the fact that you realized your mistake and modified your initial comment. You wouldn't die if you do that.
Bros am nt wrong. Dey charge $1 per day. Plus my modifications were only to elaborate more. Get lost bro.

I ve seen thousands of clients like u. So i knw hw to handle ur type
Re: How Do Major Social Media Platforms Make Money? by prinxwizard(m): 10:53am On Oct 04, 2019
chinchonglee:

Bros am nt wrong. Dey charge $1 per day. Plus my modifications were only to elaborate more. Get lost bro.

I ve seen thousands of clients like u. So i knw hw to handle ur type
I'm not your client bro.
You can go f**k yourself
Re: How Do Major Social Media Platforms Make Money? by LordReed(m): 1:26pm On Oct 04, 2019
raptex:
What do the companies do with the data?

Some use it for targeted advertising, some to ascertain your financial information and others for political uses. There are other uses but these are the ones that are at the front burners right now.
Re: How Do Major Social Media Platforms Make Money? by SOFTENGR: 4:53pm On Oct 08, 2019
Carsontyqa:
By visiting NL daily, they have generated traffic off you.
So who pays Nairaland? I want to know more.
Re: How Do Major Social Media Platforms Make Money? by SOFTENGR: 4:55pm On Oct 08, 2019
Opeyemi4real:
Just a click on those platforms send something to their bank account
Really?
I don't get it?
Re: How Do Major Social Media Platforms Make Money? by Carsontyqa(m): 5:38pm On Oct 08, 2019
SOFTENGR:

So who pays Nairaland? I want to know more.
NL earns through various means tho running adverts for numerous companies might be their main source concerning the kind of traffic it drives daily.

1 Like

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