Monday, September 26, 2011

Is Facebook going to charge us now?

Really, is Facebook going to charge us now?  No way, I will never ever fall into this trap.  First, facebook made billions without charging their services. How?  They generate their high revenue through adverts from users such as doctors, lawyers, restaurants etc.   In addition to this, the substantial part of their revenue comes from substantial ADS products, that is, the solutions for large brand advertisers. These ADS products are placed on the right hand side of the site's homepage, so that if the users log in, they can interact with the advertisements. There is also the lucrative deal  with Microsoft which could be estimated and believed to about more than $100  million a year. I do not know and have no knowledge of the terms of their agreement. I'm just showing you how Facebook is making millions here through adverts from blue chips companies like Microsoft.  These are  not the complete list on how facebook makes money from the users, mainly the advertisers, but at least you see how those large chunk of  money  is coming from.     

The above are some of the Facebook revenue streams, and advertisement is the main source of their revenue channel.  Now tell me, Do you think Mark Zuckerberg still needs your money?  He doesn't!  Those rumours are flat out lies! 

But if the world turns upside down and we'll get charge for using Facebook, I and most of my friends vowed to move to Google. And while I am against it, I also see some benefits of the membership fee.  I strongly doubt that those millions of users are legitimate accounts, I believe that most of the members have at least more than one account.

If ever the new rule gets implemented, that would mean they can monitor and terminate all those bogus accounts that are ubiquitous on Facebook nowadays.  It's appalling to see  how people can get easily harassed online by these bogus accounts because one could easily fill in their false identify.  It's insane!

On the other hand, if they charge Facebook users, many members will leave and no one will click those ads on their site anymore.   


There you go folks, I hope I was able to convince you today.  Facebook is free now and will be free for the years to come. Enjoy Facebooking Guys!  Ciao!

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