Source of income for social media companies.

Ganibade

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The main source of income for social media companies is advertising. Based on user demographics, interests, and habits, they provide businesses with possibilities for tailored advertising. The platform receives payment from advertisers in exchange for displaying their advertising to relevant users. Furthermore, several platforms provide businesses with the opportunity to sponsor material, allowing them to pay to have their content prominently displayed in users' feeds. Subscriptions, collaborations, and premium features can also generate revenue. Generally, the majority of social media networks rely mostly on ad revenue for their funding.
 
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