Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,201,025 members, 7,976,899 topics. Date: Wednesday, 16 October 2024 at 03:15 PM |
Nairaland Forum / Science/Technology / Phones / How Do Major Social Media Platforms Make Money? (23449 Views)
Five Facebook, Twitter And Other Social Media Platforms' Posts To Avoid / USSD: MTN Snubs Banks, Links 77 Million Subscribers To FINTECH Platforms / 4 Major Reasons Why Apple Must Slash The Prices Of The Iphone Now ! (2) (3) (4)
(1) (2) (3) (4) (5) (6) (7) (Reply) (Go Down)
Re: How Do Major Social Media Platforms Make Money? by hatchy(f): 10:53am On Oct 03, 2019 |
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. 1 Like |
Re: How Do Major Social Media Platforms Make Money? by edoairways: 10:53am On Oct 03, 2019 |
electroTech:Is anything wrong with sampled opinions from this platform? 2 Likes |
Re: How Do Major Social Media Platforms Make Money? by GeoAfrikana(m): 10:54am On Oct 03, 2019 |
tck2000: 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 4 Likes |
Re: How Do Major Social Media Platforms Make Money? by Bmaster(m): 10:54am On Oct 03, 2019 |
AwkaetitiBabe:star girl.... you are so smart. I love that. infact,., oil dey ur head |
Re: How Do Major Social Media Platforms Make Money? by KingofInternet(m): 10:55am On Oct 03, 2019 |
edoairways:you deh mind the goat weh deh form I too know 1 Like 1 Share |
Re: How Do Major Social Media Platforms Make Money? by chinchonglee(m): 10:55am On Oct 03, 2019 |
RiyadhGoddess:I coach people on that. Not free tho! |
Re: How Do Major Social Media Platforms Make Money? by edoairways: 10:55am On Oct 03, 2019 |
hatchy:Are you implying that whatsapp, telegram e.t.c enjoys the same privileges as mentioned by you? 3 Likes |
Re: How Do Major Social Media Platforms Make Money? by MrTrend(m): 10:55am On Oct 03, 2019 |
lilwetdick: Which one is "data generation?" |
Re: How Do Major Social Media Platforms Make Money? by MrTrend(m): 10:55am On Oct 03, 2019 |
xamuel17: Very correct my brother |
Re: How Do Major Social Media Platforms Make Money? by chinchonglee(m): 10:56am On Oct 03, 2019 |
edoairways:Whatsapp dnt generate money aside pple dat donate and purchase the the app after expiration |
Re: How Do Major Social Media Platforms Make Money? by Geosystem(m): 10:56am On Oct 03, 2019 |
NwaNimo1: 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 |
Re: How Do Major Social Media Platforms Make Money? by notoriousbabe: 10:57am On Oct 03, 2019 |
hollaryincar:which money nairaland dey make? Why you think sey moderators dey ban us? Their body dey pepper dem as market no dey for nairaland |
Re: How Do Major Social Media Platforms Make Money? by chinchonglee(m): 10:57am On Oct 03, 2019 |
AwkaetitiBabe:Jst answer the question |
Re: How Do Major Social Media Platforms Make Money? by JeffreyLiaison(m): 10:59am On Oct 03, 2019 |
chinchonglee: 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 |
Re: How Do Major Social Media Platforms Make Money? by chinchonglee(m): 10:59am On Oct 03, 2019 |
hatchy:Wrong... Very wrong. So MTN pays pornhub et al? 3 Likes |
Re: How Do Major Social Media Platforms Make Money? by MrTrend(m): 10:59am On Oct 03, 2019 |
makavelli80: Bandwidth ni, bandwidth ke.. 2 Likes 1 Share |
Re: How Do Major Social Media Platforms Make Money? by henryobinna(m): 10:59am On Oct 03, 2019 |
hatchy:sorry but your explanation is bullshiiit... chai... does this even make any single sense to you? you're very wrong 1 Like |
Re: How Do Major Social Media Platforms Make Money? by wonlasewonimi: 11:00am On Oct 03, 2019 |
Money rituals |
Re: How Do Major Social Media Platforms Make Money? by Bmaster(m): 11:01am On Oct 03, 2019 |
hatchy: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. 2 Likes |
Re: How Do Major Social Media Platforms Make Money? by chinchonglee(m): 11:01am On Oct 03, 2019 |
JeffreyLiaison:Dnt mention traffic. Ads nd other subscriptions/donation and selling our private detail to other topbrands who need dem for email promotions |
Re: How Do Major Social Media Platforms Make Money? by Nobody: 11:02am On Oct 03, 2019 |
Pettyprincess: 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. 3 Likes |
Re: How Do Major Social Media Platforms Make Money? by Nobody: 11:02am On Oct 03, 2019 |
By ads and by selling your information. 1 Like |
Re: How Do Major Social Media Platforms Make Money? by JeffreyLiaison(m): 11:02am On Oct 03, 2019 |
Rilwayne001: In the same ideology as road, traffic on the internet is the amount of people using a site possibly at a period of time 1 Like |
Re: How Do Major Social Media Platforms Make Money? by OhiOfIhima: 11:02am On Oct 03, 2019 |
chinchonglee:What of WhatsApp that has no ads yet? |
Re: How Do Major Social Media Platforms Make Money? by chinchonglee(m): 11:04am On Oct 03, 2019 |
RiyadhGoddess: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?? |
Re: How Do Major Social Media Platforms Make Money? by JeffreyLiaison(m): 11:05am On Oct 03, 2019 |
chinchonglee: 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? |
Re: How Do Major Social Media Platforms Make Money? by mikkyjay(m): 11:06am On Oct 03, 2019 |
senatepresido:Facebook Twitter Instagram etc make their money through ads, I also advertise on their platform, they make billions of dollars monthly through advertisements. |
Re: How Do Major Social Media Platforms Make Money? by yetunsbay(m): 11:07am On Oct 03, 2019 |
Pettyprincess:that means all these musical artiste get millions from this |
Re: How Do Major Social Media Platforms Make Money? by chinchonglee(m): 11:07am On Oct 03, 2019 |
OhiOfIhima: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) |
Re: How Do Major Social Media Platforms Make Money? by Bmaster(m): 11:08am On Oct 03, 2019 |
Geosystem: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 ? 1 Like 1 Share |
Re: How Do Major Social Media Platforms Make Money? by Nobody: 11:08am On Oct 03, 2019 |
tck2000:I am here to learn |
(1) (2) (3) (4) (5) (6) (7) (Reply)
Iranian Hackers Targeting Telcos In Nigeria, NCC Warns / See What Happens When Your Smartphone Falls / Infinix Big 6 Specification And Pictures
Viewing this topic: 2 guest(s)
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 47 |