Why Facebook Will Remain Free

Every so often the Internet becomes abuzz with rumors that Facebook will begin to charge money to use its service. This rumor is brought up for various reasons but it seems to circulate from time to time and a number of people believe it. There have even been Facebook pages set up in protest of the idea that the social media website will start to charge for its service. The good news is, Facebook has never charged for its service, and if Mashable is correct, they never will either.

 

The key thing that people miss when they pass along the idea that Facebook will begin to charge for its service is that this is not how the service really works. Facebook does not make its money from people paying to log in. Rather, they make money from the advertisements and other features on the website which allow it to profit when people use the service.

 

Facebook wants people to log in frequently and to stay for a long time when they do. They do not care to charge people to have access to their own accounts because it is only when someone gets on Facebook that the company is able to make its money. Also, they would be at a big disadvantage to the other social media websites out there if they began to charge people just to get on the site. This would not go over very well with the general public to say the least, and they would probably just move on to another network.

 

The company continues to post record profits and does not need to charge users to pay for its service. The rumor is likely to come about again. It usually shows up as a chain letter of some sort. Basically it will detail how Facebook is supposedly going to charge its members and then ask people to share the status to their Facebook wall to supposedly prevent them from being charged. This is of course nonsense, but people will pass it on anyway.