How do social networking sites make money?

Summary and link by Nicole Swanepoel

Its as easy as one, two, three. One click away from chatting to friends and family that are continents apart. But, nobody really asks “How does Facebook, Skype, Twitter etc” stay afloat. “Who pays for their survival?” Because, surely, it isn’t for free. I’m also pretty sure that all of us have thought “where did all that money come from that was paid to Zuckerberg for facebook.” Well, that thought has crossed my mind countless times.

Read on and find out how social networking sites bring the bread and butter to the table…


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