How do social medias earns such a huge amount of money.. obviously only sponsors is not enough for the huge earning. What could be other sources…
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“Senator, we run ads”
Facebook isn’t in the social media business, it’s in the advertising business.
Facebook collects your data and resells it while presenting you targeted ads
This is nothing unusual, all forms of media from TV, to Newspapers, and magazines all operated under this revenue model.
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