We all use social media services on a daily basis, but do you ever wonder how these sites manage to turn a profit? A new infographic from USBundles.com takes a look at which revenue streams are making major social network sites money, including Facebook, Twitter, YouTube, Flickr, Reddit, LinkedIn, Meetup, Tumblr, and more.
Social sites are using a variety of methods to make money, from ads to premium web apps, paying customers, mobile apps, and affiliates and the infographic shows that many social sites make money from a variety of sources. Vimeo, Flickr, LinkedIn, and Photobucket, for instance, make money from a combination of ads and paying customers. The infographic shows that ad revenue is the biggest revenue source for social sites, clocking in at 77 percent.
Check out the full infographic below for more details and let us know what you think. Were you surprised to learn about the ways in which any of the social networks you use are making money?
Megan O’Neill is the resident web video enthusiast here at Social Times. Megan covers everything from the latest viral videos to online video news and tips, and has a passion for bizarre, original and revolutionary content and ideas.