Tuesday, November 15, 2011

What if Facebook started charging money

I always see these stupid spam letters on Facebook about how Facebook is about to start charging money and if 50 million people stand up against it Mark Zuckerberg will back down. Barring the sheer stupidity of such spam letters, I wonder what would happen if Mark really did start charging some cold hard cash for the privilege of poking our friends, talking about ourselves 24-7 and stalking hot members of the opposite sex.

How much could he charge? RM100 a month? No way, I would switch back to Friendster. RM 1? Yes I would pay Rm 1 a month to use it. RM 10? That's a good question.

Mark would have to find the best price to maximize revenue obtained. Trouble is a large section of people using Facebook nowadays are kids, and the hassle of getting a credit card to pay for it online might stop them. They would switch to Friendster maybe. This would not be good for business.

Maybe what he could do is to sell a voucher containing a certain amount of value. The value might get you an hour on Facebook, or maybe a certain number of actions such as a thousand words for comments/messages. I'm not sure how that would translate into Facebook games though.

If he does it, I sure hope he charges by word. Then I would have to endure much less updates such as "I'm waiting for the bus now" on my wall.

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