Facebook generating approximately $40million a year from selling virtual gifts - geek/talk: Signature-free discourse for serious web publishers

**Czar** · 09-15-2008, 08:19 AM

Here's one to spark some inspiration in the lead up to the holiday season.

An analyst who has been investigating Facebook's "Gifts" marketplace, which operates similarly to an ecard site in charging people $1 to send images to one another, has estimated that the service has yielded somewhere between $30-$40 million in revenue for the social networking site in the past year.

Read more on his findings here:
http://www.adotas.com/2008/09/facebo...rtual-economy/

Does this make you want to come up with a creative Facebook application to see in this year's festive season?

Nutri · 09-15-2008, 09:50 AM

Wow, that's too much money for those little images. I saw someone selling an application where you could send coffee to your friend and it was up there for £50 ($100). It didn't have many visitors to it, but with a bit of promotion, who knows?

s12345 · 02-05-2009, 02:21 PM

thats aswsume they are so clever and really know how to get people paying

gophergas · 02-07-2009, 11:17 AM

That's not in "virtual dollars," is it?

catfightreport · 05-05-2009, 09:26 PM

I find that amazing. Much like the millions or billions generated in 2nd life or whatever it is on the internet.

Aadil · 05-21-2009, 01:59 PM

OMG ! i am shocked to see the amount its a big amount 40 millionz....they really are very cleavr and really know how to earn...

transcribe · 05-17-2011, 11:54 PM

Wow! That's really amazing!

mindinventory · 09-23-2011, 06:20 AM

Facebook is day by day come a dollars baby.

09-15-2008, 08:19 AM	#1
Czar Join Date: Aug 1999 Location: Gold Coast, Queensland, Australia Posts: 9,488	Facebook generating approximately $40million a year from selling virtual gifts Here's one to spark some inspiration in the lead up to the holiday season. An analyst who has been investigating Facebook's "Gifts" marketplace, which operates similarly to an ecard site in charging people $1 to send images to one another, has estimated that the service has yielded somewhere between $30-$40 million in revenue for the social networking site in the past year. Read more on his findings here: http://www.adotas.com/2008/09/facebo...rtual-economy/ Does this make you want to come up with a creative Facebook application to see in this year's festive season? __________________ Czar Follow Geek/Talk's Twitter Feed to stay up to date with new discussion threads and online ad industry highlights. Important GeekVillage Links: Home \| Rules \| Posting Guide \| Report Trouble \| Feedback \| Advertise on GV

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09-15-2008, 09:50 AM	#2
Nutri Registered User Join Date: Sep 2008 Posts: 39	Wow, that's too much money for those little images. I saw someone selling an application where you could send coffee to your friend and it was up there for £50 ($100). It didn't have many visitors to it, but with a bit of promotion, who knows?

02-05-2009, 02:21 PM	#3
s12345 Registered User Join Date: Feb 2009 Posts: 9	thats aswsume they are so clever and really know how to get people paying

02-07-2009, 11:17 AM	#4
gophergas Registered User Join Date: Nov 2003 Location: Knoxville, TN Posts: 373	That's not in "virtual dollars," is it?

05-05-2009, 09:26 PM	#5
catfightreport Registered User Join Date: May 2008 Posts: 15	I find that amazing. Much like the millions or billions generated in 2nd life or whatever it is on the internet.

05-21-2009, 01:59 PM	#6
Aadil Registered User Join Date: May 2009 Posts: 1	OMG ! i am shocked to see the amount its a big amount 40 millionz....they really are very cleavr and really know how to earn...

05-17-2011, 11:54 PM	#7
transcribe Registered User Join Date: Apr 2011 Posts: 27	Wow! That's really amazing!

09-23-2011, 06:20 AM	#8
mindinventory Registered User Join Date: Sep 2011 Posts: 4	Facebook is day by day come a dollars baby.