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Guys how does Facebook and whatsapp make money?
Urgent
5 Answers
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Advertisement i think. And other projects that they have
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Facebook makes money by advertising and WhatsApp makes money by selling personal information.
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Their user base, if you have a large user base you can use advertising to make a lot of money. But Whatsapp and Facebook had very little advertising in the beginning, they used their large user base to attract investors and convince them to invest large sums of money in the business. A lot of companies like YouTube and Twitter have made pretty big losses for multiple years in the past but were growing due to investment capital.
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they also use a form of insite currency, like if you want extra content then you would have to pay for it.
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well I searched for same question on internet and answer was something like -
Facebook earlier got most of its earnings from advertising.but business model of WhatsApp is completely different . the main reason Mark purchased WhatsApp was to know about users chatting habit so that it could be sold to big companies who needed it so they could understand user and target the products accordingly.If you remember whenever you install they ask for certain permission which actually helps them know about your habit as a customer .