Monday, August 13, 2012

How Facebook Can Make More Money?

Facebook has lots of users (over 850 million!). And these users spend a lot of time on Facebook. How can Facebook make more money from these users?

Here are just a few ideas on how Facebook can monetize their user base and make more money (some ideas may be downright outrageous):

1. Create a Mobile plus app for professionals and businesses, and begin charging a monthly amount.
2. Create a Desktop plus app for professionals and businesses, and begin charging a monthly amount.
3. Start charging businesses a monthly amount for Facebook business pages. Give them ad credits.
4. Start sharing revenue for advertisements placed on business pages. Get businesses to participate.
5. Start an email marketing service and provide consumer offers and sponsorships via e-blasts.
6. Go local and create local versions of Facebook communities. Sell local ads for each community.
7. Launch a new Search engine and begin selling ads next to results (take a page from Google).
8. Start an e-commerce application for Facebook events and make money through transactions.
9. Go back to school! Schools are where Facebook started and became big! Sell local ads.
10. Start an auction service within Facebook. Make money through buy / sell transactions.
11. Sell products and services for large business partners. Make money for each transaction.

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