Have you ever wondered how Facebook makes money?
A mega huge social network like Facebook is so powerful because the 500 million users have many different likings, needs, interests and this generates a huge potential for online income generation from various industries.
One of the ways is using self-serve advertising. Not only the big companies can advertise in facebook through media such as banners or Youtube, even the average user like you and I can advertise our small businesses in Facebook. I know some of my friends who do exactly that. Recently, a girl told me she sells customised ladies' shoes through her Facebook account. And she is doing quite well.....Interesting !
Companies know that advertising in Facebook is like showing off your product to millions of people.
Read further on how Facebook earns money here.
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