Instagram: Facebook’s Biggest Money-Maker

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If you could click on any Instagram picture and directly buy that product or item, would you? Instagram has millions of users and the amount of likes in one day is beyond rediculous. Just imagine being able to buy those things you like. Goel tells us that Facebook has been very quiet about Instagram but will soon be finding a way to use it to make money, which is no surprise. When asked about the plan to make money with Instagram Zuckerburg says, “We’re still trying to learn what the right way to approach that product is, and we’re going to move slowly because we think that’s the right thing to do for Instagram.” For Facebook and the companies advertising their companies, it’s a no-brainer; they’ll be increasing revenue like crazy. As for us consumers, yes we will be spending money; I think as long as they don’t charge to use the app it will go okay, and it’s also another convenient way for us to purchase things we love. To read more about this article, click here. 

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