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Facebook launches money-making scheme 'pay-to-post' | Social networking giant Facebook has finally launched
its 'pay to post' service that allows users to highlight or promote posts by paying
a small fee. By paying a small amount users can ensure that information they post
on the social network is more visible to friends, family and colleagues. Facebook
was found testing the feature called promoted posts in New Zealand recently, the
Daily Mail reports. The scheme went official with a video on the site explaining
how the process will work. "When you post on your page, it currently may only
reach a limited amount of the people that Like your page each week," a Facebook
staffer said via a video posted on the site. "Promoted posts help increase the
people you reach for any eligible post. It's an easy and fast way to reach more
of the people that Like your page and your friends," the staffer added. According
to the paper, the money-making scheme comes amid controversy over Facebook's recent flotation on the stock market, and concerns over the value of the social network.
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