6 ms·
A usual CPC (cost per click) that an advertiser is willing to pay is somewhere between 50 to 150 cents. Let's say it is 100, and you clicked on 10 ads in a mont
by 6ak74rfy 9y ago
A usual CPC (cost per click) that an advertiser is willing to pay is somewhere between 50 to 150 cents. Let's say it is 100, and you clicked on 10 ads in a month. So, Facebook earned $10 off you. Now, you should be willing to pay more than that for Facebook to prefer the model you are suggesting.
My math above is highly simplistic. For e.g., you'd say you aggressively use an ad blocker and never click on ads. Fair enough, but what about non - tech people unlike us? For e.g., when my dad starting using Facebook at an age of 50+ couple of years, he just tried an unknown plumber through a Facebook ad. Moreover, you'd be willing to pay a monthly subscription, but would all of your friends?
So, what I am getting at is that at Facebook scale they'll earn more though ads than through a subscription model.
- mrweasel 9y agoThe value you represent to Facebook is also dependent on your location. People in the US are worth the most, around $60 per year: https://www.theguardian.com/technology/2016/jan/28/how-much-are-you-worth-to-facebook https://www.theguardian.com/technology/2016/jan/28/how-much-... For heavy Facebook users $60 isn't much, but for everyone else it seems a little much.
- mch82 9y agoIf they really focused on delivering quality tools for organizing groups I'd pay that. $60 is a bargain compared to MeetUp.com admin fees.
- mch82 9y agoI'm always surprised by how little services charge to remove advertising. YouTube will do it for $9.99/month.
- jhasse 9y agoOnly in the US, Australia, Mexico, New Zealand, and South Korea though.
- johnchristopher 9y agoNot so fast: > https://www.buzzfeed.com/alexkantrowitz/heres-how-much-youre-worth-to-facebook?utm_term=.vxRoQXqM5#.hkY3l1ZvK https://www.buzzfeed.com/alexkantrowitz/heres-how-much-youre... > Here's how much Facebook makes per person in each region, extrapolated annually based on the network's third-quarter numbers: > Worldwide: $16.04 > US $62.60 > Europe: $18.88 > Asia-Pacific: $7.56 > Rest of World: $4.84 Another metric: > The social network giant, Facebook has a market cap of $227 billion and 1.4 billion users—which makes you worth a whooping $158. https://arkenea.com/blog/big-tech-companies-user-worth/ https://arkenea.com/blog/big-tech-companies-user-worth/ So for a max. of 10 bucks per month we could get an ad-free, privacy oriented Facebook. With dev. money going to enhance the experience not maximizing revenues of the ad industry.
- dhimes 9y agoAnd if they didn't have to support and innovate the tracking stuff think how much simpler the company could be.
- einr 9y agoWho clicks 10 ads a month? I don't think I've clicked 10 ads in total since getting on the web for the first time in 1997...