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How Do Major Social Media Platforms Make Money? - Phones (2) - Nairaland

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Re: How Do Major Social Media Platforms Make Money? by todaynewsreview: 10:39am On Oct 03, 2019
Majorly through advertisements. E.g. Facebook, Twitter, LinkedIn.....





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Re: How Do Major Social Media Platforms Make Money? by chinchonglee(m): 10:39am On Oct 03, 2019
AwkaetitiBabe:
Wanna know how to make money off them. Wetin concern me with how they make their money angry
U can actually make money 2ru facebook.

I can teach u!
Re: How Do Major Social Media Platforms Make Money? by makavelli80(m): 10:40am On Oct 03, 2019
The bandwidths r converted to money

1 Like 1 Share

Re: How Do Major Social Media Platforms Make Money? by Rilwayne001: 10:41am On Oct 03, 2019
JeffreyLiaison:
Through traffic and advertisements

Traffic ko, go-slow ni undecided

6 Likes

Re: How Do Major Social Media Platforms Make Money? by Rilwayne001: 10:41am On Oct 03, 2019
makavelli80:
The bandwidths r converted to money

How?

2 Likes 1 Share

Re: How Do Major Social Media Platforms Make Money? by Nvc078: 10:41am On Oct 03, 2019
You run advert,they make money either per view,per click,per like or per comment.
Re: How Do Major Social Media Platforms Make Money? by Abalado(f): 10:41am On Oct 03, 2019
Even with what you just sent now, they are making money already

2 Likes 1 Share

Re: How Do Major Social Media Platforms Make Money? by Nobody: 10:42am On Oct 03, 2019
eminex:
Ok.
I think by ads and traffic
How does "traffic" alone make money?
Don't people pay for ads because of traffic? undecided
Re: How Do Major Social Media Platforms Make Money? by Nobody: 10:42am On Oct 03, 2019
chinchonglee:

U can actually make money 2ru facebook.

I can teach u!
I'm all eyes
Re: How Do Major Social Media Platforms Make Money? by dynicks(m): 10:43am On Oct 03, 2019
chinchonglee:

U can actually make money 2ru facebook.

I can teach u!
oya na...m interested!?
Re: How Do Major Social Media Platforms Make Money? by infogenius(m): 10:43am On Oct 03, 2019
tck2000:
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.

More from paid advertisements from subscribers.
Same way Nairaland makes her money.

Get the people in numbers, when they are plenty as members of your community , make them pay to advertise their goods and services to other members. When they pay to advertise, u earn money in return. The more people pay you to advertise the more dough you earn.
So it's simply a game of numbers.

2 Likes

Re: How Do Major Social Media Platforms Make Money? by chinchonglee(m): 10:43am On Oct 03, 2019
dynicks:
oya na...m interested!?
What do u do for a living?
Re: How Do Major Social Media Platforms Make Money? by chinchonglee(m): 10:44am On Oct 03, 2019
AwkaetitiBabe:
I'm all eyes
what do u do for a living
Re: How Do Major Social Media Platforms Make Money? by Yankee101: 10:44am On Oct 03, 2019
Adverts
Re: How Do Major Social Media Platforms Make Money? by NwaNimo1(m): 10:44am On Oct 03, 2019
Data mining.....selling peoples data!

4 Likes

Re: How Do Major Social Media Platforms Make Money? by Christmasdon(m): 10:45am On Oct 03, 2019
okay, but how does google makes its own money.
Re: How Do Major Social Media Platforms Make Money? by chinchonglee(m): 10:47am On Oct 03, 2019
JeffreyLiaison:
Through traffic and advertisements
How do u make money 2ru traffic..

Pls explain
Re: How Do Major Social Media Platforms Make Money? by anonymous96: 10:48am On Oct 03, 2019
tck2000:
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.
Facebook made more than $40 billion in revenue in 2017, approximately 89 percent of which came from digital advertisements. The company announced second-quarter earnings on July 25, 2018, reporting $13.2 billion in revenue. Alongside Alphabet Inc. (GOOG), Facebook has emerged as one-half of a dominant duo in the digital advertising game. But unlike its rival, which allows advertisers to connect with consumers through keyword searches, Facebook generates revenue primarily from targeted advertising and user data.
From Investopedia
Re: How Do Major Social Media Platforms Make Money? by Studyinchina200(m): 10:48am On Oct 03, 2019
No advertisers no money.
Re: How Do Major Social Media Platforms Make Money? by chinchonglee(m): 10:48am On Oct 03, 2019
You can actually make money through facebook, twitter and instagram.

I dnt av snapchat on my phone cos i havent found a way to make money from them. I cant be wasting my money on app dat only allows me put horn and flowers on my head. Dem no swear for me from village

7 Likes 1 Share

Re: How Do Major Social Media Platforms Make Money? by 9jaWebSolution: 10:48am On Oct 03, 2019
Through Advertisement and Donations... No other public known way..

1 Like

Re: How Do Major Social Media Platforms Make Money? by awuf2008: 10:48am On Oct 03, 2019
Good but can't make fp because you provide no info on your topic. At least u need to give us something before others can contribute.
Re: How Do Major Social Media Platforms Make Money? by peterleo(m): 10:49am On Oct 03, 2019
abeg make una teach, i wan learn today. i wan start dey make money.
Re: How Do Major Social Media Platforms Make Money? by JeffreyLiaison(m): 10:49am On Oct 03, 2019
SOFTENGR:

Traffic? How?

Traffic is just the amount of people that visit a site, the higher the traffic the more chance of making money through advertisement and generating revenues or why do you think bloggers need people going to their site
Re: How Do Major Social Media Platforms Make Money? by cluewebhost(m): 10:50am On Oct 03, 2019
Ads
Re: How Do Major Social Media Platforms Make Money? by Exc2000: 10:50am On Oct 03, 2019
data mining for corporation and government

1 Like

Re: How Do Major Social Media Platforms Make Money? by Nobody: 10:50am On Oct 03, 2019
chinchonglee:
what do u do for a living
How's that relevant?

1 Like

Re: How Do Major Social Media Platforms Make Money? by shogsman(m): 10:50am On Oct 03, 2019
You’ll be surprised to know how much your privacy is worth.
Re: How Do Major Social Media Platforms Make Money? by ojochidem(m): 10:50am On Oct 03, 2019
They make money via advertisement. Their platform enables advertisers target a specific audience based on demography, location, interest or behavior.

1 Like

Re: How Do Major Social Media Platforms Make Money? by supereagle(m): 10:52am On Oct 03, 2019
lilwetdick:
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

What of WhatsApp?

1 Like

Re: How Do Major Social Media Platforms Make Money? by LadySarah: 10:52am On Oct 03, 2019
AwkaetitiBabe:
Wanna know how to make money off them. Wetin concern me with how they make their money angry

Nne i dey tell you

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