What if Facebook suddenly decided to charge a minimal amount from you?
Most people would gladly pay, if it is not a big amount. Its so compelling. But hang on, Facebook is not charging any money from you at the moment. And they don't need to either. In fact, Facebook does not even consider you as a customer. Ya you heard it right, you are just a product which Facebook is selling to someone else. All the Facebook users are the product; which they are selling to some other companies, advertisers etc.
Have you people ever thought how Facebook, Twitter, Instagram, WhatsApp, Google, Dropbox, or even True callers earn their revenue? Its a trade secret for some and mystery for most people.
Well the first thing that comes to everyone's mind is advertising, yes advertising is a very important revenue medium. But advertising is not the only medium.
Well most people have Google account, gmail is so convinent, isn't is? But gmail didn't charge an Anna(dime) from you! How comes they are earning millions!? Well it is like this gmail is collecting a huge database, data's of all the gmail users which they sold to some other companies who seek data's. Now you may be tempting to ask, do people or companies buy data's? The answer is yes, Google charge 2, 5, 10 or even more dollars per individual!
Lastly coming back to my earlier question, if Facebook decided to charge that very small amount, the turnover will be so large that you cannot imagine it.
Sorry Mark Zukerberg for revealing this small information :-@
Most people would gladly pay, if it is not a big amount. Its so compelling. But hang on, Facebook is not charging any money from you at the moment. And they don't need to either. In fact, Facebook does not even consider you as a customer. Ya you heard it right, you are just a product which Facebook is selling to someone else. All the Facebook users are the product; which they are selling to some other companies, advertisers etc.
Have you people ever thought how Facebook, Twitter, Instagram, WhatsApp, Google, Dropbox, or even True callers earn their revenue? Its a trade secret for some and mystery for most people.
Well the first thing that comes to everyone's mind is advertising, yes advertising is a very important revenue medium. But advertising is not the only medium.
Well most people have Google account, gmail is so convinent, isn't is? But gmail didn't charge an Anna(dime) from you! How comes they are earning millions!? Well it is like this gmail is collecting a huge database, data's of all the gmail users which they sold to some other companies who seek data's. Now you may be tempting to ask, do people or companies buy data's? The answer is yes, Google charge 2, 5, 10 or even more dollars per individual!
Lastly coming back to my earlier question, if Facebook decided to charge that very small amount, the turnover will be so large that you cannot imagine it.
Sorry Mark Zukerberg for revealing this small information :-@
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