What is Facebook’s business model? In this video I explain what Facebook’s business model is using the business model canvas. Facebook provides a platform where users can share experiences of value to them. Facebook uses this content to gather data about users and sell the information to advertisers to enable them to sell more to consumers. Facebook takes a commission.
That’s the Facebook business model and it is an extremely valuable one – making it one of the world’s most valuable technology companies
Are you an Entrepreneur?
Are you copying a business model?
Are you creating a new one?
I can help you get it right