“There’s a very common misperception about Facebook — that we sell data to advertisers,” Zuckerberg said on Tuesday.
“And we do not sell data to advertisers.
We don’t sell data to anyone.” Indeed, Facebook makes it money through advertising.
Facebook doesn’t provide data to advertisers — it does the work for them.
How much money does Facebook make from data?
The data of an average American is worth between $0.20 and $0.40. Facebook has about 190 million users in the U.S., so we estimate that Facebook can make between $38 million and $76 million from selling such data points on American users.
How does Facebook owner make money?
Despite having over two billion users on its platform, Facebook doesn’t actually make any money on content or directly through its user base. All in all, the company earns about 85% of its money from advertising.
Does Facebook sell your data?
No, Facebook doesn’t sell your data. But it does sell access to you, or more specifically, access to your News Feed, and uses that data to show you specific ads it thinks you’re likely to enjoy or click on. This targeted advertising is big business for Facebook.
Can we earn money from Facebook?
Apart from sharing selfies and receiving those notifications, you can be get paid to use facebook. You can how to earn money online from facebook in various ways. One of such ways is to sell a certain number of likes with a price tag. You can be get paid for selling facebook page likes.