Chapter
The Ethos of Advertising on Social Media Platforms
52:25 - 56:11 (03:46)
Facebook and Google initially saw advertising as a necessary evil rather than a primary source of revenue. The ethos later shifted towards monetization through advertising.
Clips
The speaker discusses the challenge of monetizing productivity apps and highlights the success of companies like Superhuman and Hey in charging customers monthly fees for their services.
52:25 - 54:07 (01:41)
Productivity Apps
Summary
The speaker discusses the challenge of monetizing productivity apps and highlights the success of companies like Superhuman and Hey in charging customers monthly fees for their services.
ChapterThe Ethos of Advertising on Social Media Platforms
Episode#95 with Craig Clemens of Golden Hippo - The 9-Figure Business You've Never Heard Of
PodcastMy First Million
Facebook’s initial stance towards advertising was that it was a necessary evil, but with time and the company’s financial struggles, the platform moved towards a more aggressive advertising strategy.
54:07 - 56:11 (02:04)
Facebook Advertising
Summary
Facebook’s initial stance towards advertising was that it was a necessary evil, but with time and the company’s financial struggles, the platform moved towards a more aggressive advertising strategy.