Proctele apps in the App Store

Proctele apps in the App Store
Click the picture to see Proctele apps in Apple's App Store

Friday, July 27, 2012

Hey Facebook, here are some ways to make money

Facebook is not doing well economically, but they have an awful lot of users; probably a billion users soon. They can't survive indefinitely without making money. Here are some ideas for them.

  1. Facebook will not be able to get enough money from selling ads, the way they do it now. For research I clicked on four ads just to see what would happen. Two of them were probably from crooked companies, because they led me via strange links to gambling sites. 
  2. They could sell a different type of ad. Clicking on it would only lead you to the company's FB page and that page would of course give you the intended message. Any links from that page would be forbidden. This arrangement would increase user's confidence in Facebook ads and more of them would be sold. It would also keep users within Facebook. 
  3. Facebook should try to get a user fee from its users. It would be a small sum for private users and a lot more for companies. It would still be possible to get FB for free, but there would be a price tag on some things. One thing people value is privacy, so a lot of privacy would cost. Big corporations would pay perhaps hundreds of thousands of dollars. 
  4. Facebook could create a FB app store. They might take 30% of earnings. 
  5. They could generate a summary of user posts (over some user-selected time-period) and friend's posts and sell it as a nice hardcopy to the user; a sort of photo-book with lots of pictures and text. I'd suggest they buy some existing photo service provider. 
  6. They could encourage schools to use Facebook for teacher-parent communication. Schools would have to pay for this service. Of course security would have to be much improved, because here it's essential. 

If you see some of this happening, remember you read it here first ;-)

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