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I am personally a lot more likely to log on to Facebook than to EVER buy a Ford -- just saying.
by forkandwait 14y ago
I am personally a lot more likely to log on to Facebook than to EVER buy a Ford -- just saying.
- vibrunazo 14y agoThe point is that even tho you are logging to facebook, you are not paying them as much as those buying fords.
- potatolicious 14y agoBut we know that the auto industry is cut throat and low-margin. Paying $30K for a Ford doesn't mean Ford just made $30K. Between manufacturing, R&D, marketing, and raw customer acquisition cost (dealerships aren't free), I'd be surprised if Ford walked away with 5% of that.
- vibrunazo 14y agoThat's why the author specifically mentions profit, which Ford has 8x more than Facebook.