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.

electroTech:
You are curious yet you cannot do ordinary Google search.

Is anything wrong with sampled opinions from this platform?

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.

They sell your info and behaviour data to companies who need it.

How do you think companies like hubspot get data for customer behaviour?

All those adverts na side-money. The real money is in selling info to businesses who need it for hacking their target customer's mindset.

Your research, knowledge, artificial intelligence, statistics, marketing, political campaign and technology is only as accurate as the information you have about your target object/person. Oyinbo man knows this and that's why they don't joke with data.

Why do you think US is against telegram and that ageing-app? It's because they're owned by Russians and that means they'll be giving data of US citizens to Russian government and companies.

As the popular saying goes:

If you're not paying for a product, you're the product

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

star girl....
you are so smart. I love that.
infact,., oil dey ur head

edoairways:

Is anything wrong with saympled opinions from this platform?

you deh mind the goat weh deh form I too know

RiyadhGoddess:


Sir how do you run business on Facebook?
Can you coach me?

I coach people on that. Not free tho!

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.

Are you implying that whatsapp, telegram e.t.c enjoys the same privileges as mentioned by you?

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

Which one is "data generation?"

xamuel17:
apart frm adverts and traffic....They make money from selling your privacy to security agencies

Very correct my brother

edoairways:

Are you implying that whatsapp, telegram e.t.c enjoys the same privileges as mentioned by you?

Whatsapp dnt generate money aside pple dat donate and purchase the the app after expiration

NwaNimo1:
Data mining.....selling peoples data!

Correct. Through ads and selling of people's private data. They sell all the information they can get about you when you register or chat or update your profile. Any information they can mine, they sell to data analytical lol

hollaryincar:
E simple na

Same way Nairaland makes noney

which money nairaland dey make? Why you think sey moderators dey ban us? Their body dey pepper dem as market no dey for nairaland

AwkaetitiBabe:
How's that relevant?

Jst answer the question

chinchonglee:

How do u make money 2ru traffic..

Pls explain

Just imagine the internet like the road with billboards at the side, if there are much people passing that road there is a higher chance of people looking at the billboard and patronizing the company. No business works well without customers.
.
Social media generates money from ads per impression basis(just looking at the ad), it just revolves around ads and traffic

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.

Wrong... Very wrong.
So MTN pays pornhub et al?

makavelli80:
The bandwidths r converted to money

Bandwidth ni, bandwidth ke..

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.

sorry but your explanation is bullshiiit... chai...

does this even make any single sense to you?


you're very wrong

Money rituals

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.

sir, i don't mean to interrogate you, but can you lay more emphasies on what you've typed.
like, if i subscribe a 1.5GB Data at the cost of 1000 naira, and i use it all on nairaland, you mean the management of nairaland will share the 1k with my network provider ?
am confused.

JeffreyLiaison:


Just imagine the internet like the road with billboards at the side, if there are much people passing that road there is a higher chance of people looking at the billboard and patronizing the company. No business works well without customers.
.
Social media generates money from ads per impression basis(just looking at the ad), it just revolves around ads and traffic

Dnt mention traffic. Ads nd other subscriptions/donation and selling our private detail to other topbrands who need dem for email promotions

Pettyprincess:
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.

what is this one saying, this is nonsense

the question was how social media companies like facebook make money not how social media influencers makes money

that is how you will go and fail exam.

By ads and by selling your information.

Rilwayne001:


Traffic ko, go-slow ni

In the same ideology as road, traffic on the internet is the amount of people using a site possibly at a period of time

chinchonglee:
Ads bro. I knw alot abt dat of Facebook cos i run a business dere.
Dey charge $1 per day for ads

What of WhatsApp that has no ads yet?

RiyadhGoddess:



Lols. How much?

I charge 20k per month to handle a business S/M handle nd i work with 5 companies dats my side hustle tho.

So how much re u willing to offer??

chinchonglee:

Dnt mention traffic. Ads nd other subscriptions/donation and selling our private detail to other topbrands who need dem for email promotions

Brow how will all these work if they don't have a huge user base which correlates to what traffic is, who would subscribe if they have no users, or who would view the ads or whose data are they going to sell?

senatepresido:
Someone should enlighten us

Facebook Twitter Instagram etc make their money through ads,
I also advertise on their platform, they make billions of dollars monthly through advertisements.

Pettyprincess:
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.

that means all these musical artiste get millions from this

OhiOfIhima:


What of WhatsApp that has no ads yet?

Whatsapp dnt make money 2ru ads. Dey make money by giving big companies access to their database i.e (they sell our information). They also make money through donations and from pple that buys the app after theirs has expired (tho dis method is old)

Geosystem:



Correct. Through ads and selling of people's private data. They sell all the information they can get about you when you register or chat or update your profile. Any information they can mine, they sell to data analytical lol

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 ?

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.

I am here to learn