Showing posts with label Model. Show all posts
Showing posts with label Model. Show all posts

The Future Business Model of Facebook

Saturday, April 28, 2012


If Facebook decides to not go the route above or chooses to launch another business, they could easily become the largest and best credit information data provider.
The one thing Facebook has not figured out yet is how to utilize their fabulous product to make the most money, consistently and on an ongoing basis - i.e. finding the right business model. A really intriguing topic to write my very first blog about, because, in my opinion, finding the right business model for Facebook cannot be accomplished using conventional thinking, like, solely looking at Google and their search engine ad revenue, for example. Facebook is unique, so you need to find unique solutions. Actually, there is not one single best business model for this site, rather a multitude of potential revenue streams from very different sources. It is not only "how do we generate revenue", but equally important "when do we start with which one". This might sound strange now, but it will get clear, when reading this. Summarized, it is basically taking your assets and what made you successful in the first place and finding new ways to use them effectively.

 
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