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submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world

Meta wants to charge EU users $14 a month if they don't agree to personalized ads on Facebook and Instagram::Meta is considering offering ad-free versions of Facebook and Instagram for $14 a month – but only in Europe.

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[-] 3arn0wl@lemmy.world 209 points 1 year ago

I guess this is a fair indication then of how much Meta receives per person from advertisers...

[-] Szymon@lemmy.ca 129 points 1 year ago

There is always a grift, I'd expect the charge to users to be probably 20-50% higher than the revenue from normal users.

[-] NotMyOldRedditName@lemmy.world 6 points 1 year ago

Add an extra 0 if reddit API stuff was any indication

[-] scarabic@lemmy.world 1 points 1 year ago* (last edited 1 year ago)

Yes. I think they are padding this to make it feel more punitive. This flips the bird to the regulatory body, and discourages people from switching. Frankly I’m surprised they didn’t make it higher.

[-] killeronthecorner@lemmy.world 38 points 1 year ago* (last edited 1 year ago)

Your money will always be less valuable than your data.

The amount is based on the threshold at which they believe most people will just accept the ad terms rather than pay. Thus it is slightly more than pretty much any other mainstream streaming or subscription service.

[-] 3arn0wl@lemmy.world 18 points 1 year ago

Perversely; I'm always less inclined to buy a product that I've seen advertised... "Why do they need to advertise it? It can't be up to much." And "Part of the ticket price has gone into advertising, so it's not so valuable a thing.", usually being my first thoughts.

[-] maymay@lemmy.blahaj.zone 8 points 1 year ago

While that's totally fair, I'd argue that new businesses have to reach customers somehow, and social media is a cheap and effective advertising tool.

[-] nightwatch_admin@feddit.nl 14 points 1 year ago* (last edited 1 year ago)

Meta received about 4-5$ per user per month, so the Zuck is pulling everyone’s legs here.

Edit: 3-4$.

[-] theonetruejason@lemmy.world 9 points 1 year ago* (last edited 1 year ago)

The users willing to pay are the most valuable users on the platform for advertisers because they are, let me consult my notes… willing to pay for things.

The logical conclusion is you must charge more for users to not get ads than your average revenue per user from ads or you end up losing money because the quality of your non paying users has taken a nose dive.

[-] p03locke@lemmy.dbzer0.com 1 points 1 year ago

And then you lose the entire community, because of the sheer drop of the population. You can't run a social media platform with just "whales".

[-] pufferfischerpulver@feddit.de 1 points 1 year ago

This guy businesses

this post was submitted on 03 Oct 2023
879 points (97.9% liked)

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