Four out of five Facebook Inc users have never bought a product or service as a result of advertising or comments on the social network site, a Reuters/Ipsos poll shows, the latest sign that much more needs to be done to turn its 900 million customer base into advertising dollars.
The online poll also found that 34 percent of Facebook users surveyed were spending less time on the website than six months ago, whereas only 20 percent were spending more.
The findings underscore investors’ worries about Facebook’s money-making abilities that have pushed the stock down 29 percent since its initial public offering last month, reducing its market value by $30 billion to roughly $74 billion.
READ MORE: Facebook comments, ads don’t sway most users: poll
Should Facebook consider a non-advertising model? Perhaps one that gives Facebook Pages extra features and exposure for a monthly fee? A lot of companies would pay for that.
So confused. 20% of 900 million is a bad thing?
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really funny & really frustrating both at the same time.
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Four out of five Facebook Inc users have never bought a product or service as a result of advertising or comments on the...
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I’ve been noticing a decline in my friends being on there, and I go on there for a handful of minutes every couple of...
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not defending facebook’s revenue model, and i couldn’t care less about its stock, but if just one
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#facebook #because seriously who clicks on ads
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