Displaying items by tag: Pay to Promote

When Facebook decided to go public we had a feeling that is was a very ill-conceived idea and that their tendency to do things that their users and lawmakers do not like would come back to hurt them. On the days leading up to the IPO there was a flurry of activity while people tried to get stock that they felt was going to be a goldmine similar to Microsoft or even Apple. On the other hand there were a few more level headed people that remembered the secretive way Facebook does things and knew that it was only a matter of time before the stock tanked.

Wow, the rumors have started early; it seems that some people are trying to push the “Facebook is going to charge you” rumor again after the social networking company tried out a new “pay to promote” feature. This compiled with some recent purchases (and a change in the “data use” policy) has gotten the gears turning. The problem is that we highly doubt they will ever do that after considering there are much better ways to monetize their users.