| To be honest, I would need the 300$ for living and not for Facebook advertisement. But lets take the numbers: You spend 300$ and got several thousands in revenue. So I would expect something between a 3% to 15% share for Facebook. If you try to evaluate the volunteered time spend (only for the advertisement) and subtracted it from the result, the numbers would already look much worse. In my case, as Indy developer, I would have to compete with other software companies and my (cheap < 100.000$) advertisement would most likely show up in unappealing places. Since most small projects are now exclusively financed by advertisement revenues by itself, Facebook created something like a ponzi scheme and most of the advertisement cost trickles away. With minimal profit-margins you also loose the possibility to pay any attention to product quality. You should also consider that you also had the choice to go from door to door in your neighborhood for transactions. Since Facebook also owns the main communication channel for the web this possibility is bared. It is not the question if people hate Facebook instead you should consider that Facebook destroyed the free market. Finally consider that Facebook, as stock cooperation, is growth-oriented. If the advertisement market is ruined they will sell their user data elsewhere. |