Thursday, May 10, 2012

Facebook Starts Charging

If Apple and Google can do it, so can social network Facebook - the site is to launch an 'app store' to showcase the games and apps that earn the site much of its revenue

Facebook Starts Charging: Site Launches Its Own App Store To Take On Apple And Google - And You'll Have To PAY For Some Up Front -- Daily Mail

* App store offers first time for developers to charge consumers directly
* 'In-app' purchases already a major source of social site's revenue
* Will also offer apps for Android and iPhone

If Apple and Google can do it, so can social network Facebook - the site is to launch an 'app store' to showcase the games and apps that earn the site much of its revenue.

The app store will also allow developers to sell apps direct to consumers for the first time via the network.

It's the latest in a series of moves to 'spruce up' the number one social network in advance of a flotation on the stock market expected to take place later this month - and to convince investors it CAN earn more money.

Read more
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My Comment: It was only a matter of time .... but if done right .... this business model should also succeed.

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