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Entrepreneur | Posted on
From ads.
The native ads you see when using the social media, those advertisers pay Facebook to put the ads there.
There are different types of Facebook ads: FROM photo, video and slideshow ads TO carousel, Instant experience and Stories ads.
All these types provide Facebook ample of opportunities to make money.
The advertisers pay money to Facebook. Facebook shows their ads to you. You take action per that ad. The advertiser gets benefited.
It’s a win-win model for all.
In the last quarter of 2018, Facebook reported advertising revenue of a whopping $16.6 billion.
With Instagram becoming a beast in itself now, and the company planning to monetize even Whatsapp – the profit of Facebook, the holding company, is sure to grow to newer heights in the coming months and years… all despite the hullabaloo of privacy concerns.
Hope this answers your question.
(Courtesy: Time Magazine)
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