How Do Major Social Media Platforms Make Money? - Phones

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

Nairaland Forum › Science/Technology › Phones › How Do Major Social Media Platforms Make Money? (24598 Views)

How Do Major Social Media Platforms Make Money? by tck2000(op): 12:15am On Oct 03, 2019

I'm really curious. Please, can you enlighten me how Facebook, Twitter, Snapchat, Instagram, Youtube make their money?...

Mods, it would be great if this thread could make frontpage.

18 Likes 3 Shares

Re: How Do Major Social Media Platforms Make Money? by Nobody: 10:36am On Oct 03, 2019

Me sef want know.

2 Likes

Re: How Do Major Social Media Platforms Make Money? by eminex(m): 10:37am On Oct 03, 2019

Ok.
I think by ads and traffic

21 Likes 2 Shares

Re: How Do Major Social Media Platforms Make Money? by Ginaz(f): 10:37am On Oct 03, 2019

I’m interested too

Re: How Do Major Social Media Platforms Make Money? by hollaryincar(m): 10:37am On Oct 03, 2019

E simple na

Same way Nairaland makes noney

58 Likes 2 Shares

Re: How Do Major Social Media Platforms Make Money? by Starboytwo(m): 10:37am On Oct 03, 2019

It's like this

Re: How Do Major Social Media Platforms Make Money? by Isoduwa(m): 10:37am On Oct 03, 2019

Selling Pussy! Of course

2 Likes

Re: How Do Major Social Media Platforms Make Money? by adaminor: 10:37am On Oct 03, 2019

They make money from advertisers

55 Likes 1 Share

Re: How Do Major Social Media Platforms Make Money? by JeffreyLiaison(m): 10:37am On Oct 03, 2019

Through traffic and advertisements

32 Likes

Re: How Do Major Social Media Platforms Make Money? by Richdad50(m): 10:37am On Oct 03, 2019

Not mentioning Nairaland means money is never made hear. Sad!

16 Likes 1 Share

Re: How Do Major Social Media Platforms Make Money? by ariyebaba(m): 10:37am On Oct 03, 2019

BRB !

Re: How Do Major Social Media Platforms Make Money? by babaloke: 10:38am On Oct 03, 2019

Adverts of course....a lot of companies pay them heavily to feature their brands and products on their platforms

4 Likes 2 Shares

Re: How Do Major Social Media Platforms Make Money? by chinchonglee(m): 10:38am On Oct 03, 2019*

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.

42 Likes

Re: How Do Major Social Media Platforms Make Money? by Opeyemi4real(m): 10:38am On Oct 03, 2019

Just a click on those platforms send something to their bank account

19 Likes 2 Shares

Re: How Do Major Social Media Platforms Make Money? by Nobody: 10:38am On Oct 03, 2019

Facebook twitter nd instagram make money by being a social media influncer or through a sponsored post,company pay you to advertise their product to their followers eg janemena tundeednut etc.
You can earn earn money on YouTube if your account is monetized,you get paid by the number of views nd the number of people that click on your video ad.

14 Likes

Re: How Do Major Social Media Platforms Make Money? by electroTech: 10:38am On Oct 03, 2019

You are curious yet you cannot do ordinary Google search.

66 Likes 7 Shares

Re: How Do Major Social Media Platforms Make Money? by Nobody: 10:38am On Oct 03, 2019

From adverts

because of their large user base, they have inbuilt ad systems, where companies can buy advertisement and reach their users

They also make money from data generation

7 Likes

Re: How Do Major Social Media Platforms Make Money? by xamuel17(m): 10:38am On Oct 03, 2019

apart frm adverts and traffic....They make money from selling your privacy to security agencies

95 Likes 4 Shares

Re: How Do Major Social Media Platforms Make Money? by Biritiko: 10:38am On Oct 03, 2019

Obvious.....

Re: How Do Major Social Media Platforms Make Money? by MrImole: 10:39am On Oct 03, 2019

Oh man!

Re: How Do Major Social Media Platforms Make Money? by whitedove(m): 10:39am On Oct 03, 2019

How Does Facebook Make Money? Despite having over two billion users on its platform, Facebook doesn't actually make any money on content or directly through its user base. ... All in all, the company earns about 85% of its money from advertising.

22 Likes

Re: How Do Major Social Media Platforms Make Money? by Nobody: 10:39am On Oct 03, 2019

Wanna know how to make money off them. Wetin concern me with how they make their money angry

12 Likes

Re: How Do Major Social Media Platforms Make Money? by SOFTENGR: 10:39am On Oct 03, 2019

JeffreyLiaison:
Through traffic and advertisements

Traffic? How?

3 Likes

Re: How Do Major Social Media Platforms Make Money? by rufdan(m): 10:39am On Oct 03, 2019

All the ads you see, are being paid for

9 Likes 1 Share

Re: How Do Major Social Media Platforms Make Money? by sofiscatedmoron: 10:39am On Oct 03, 2019

use Google

Re: How Do Major Social Media Platforms Make Money? by technuel: 10:39am On Oct 03, 2019

Ads

1 Like 2 Shares

Re: How Do Major Social Media Platforms Make Money? by Lawrencezi(m): 10:39am On Oct 03, 2019

I wish I can learn but check my signature

Re: How Do Major Social Media Platforms Make Money? by autonomous22: 10:39am On Oct 03, 2019

eminex:
Ok. I think by ads and traffic

But how....??

Re: How Do Major Social Media Platforms Make Money? by senatepresido: 10:39am On Oct 03, 2019

Someone should enlighten us

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