How Does Twitter Make Money? I have looked but do not see any advertisments. www.businesstechstop.com
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This week Kasia takes a different look at Facebook. How they – and other “free” social media sites – make money using your information. How do these sites manage to make money? The sheer scale of development costs and supporting a large user base is expensive. The one element that all of these services have in common is the uniform requirement of personal data; while this data is used to identify you, it’s also used as collateral to be sold to advertisers and other interested parties. Plus we hear what Jay Baer has to say about the cost of social media.