Hot Stocks: Facebook (NASDAQ:FB) Discovering Different Ways to Produce More Revenue

Los Angelas, CA -- (SBWIRE) -- 02/12/2013 -- World’s biggest social network Facebook Inc (NASDAQ:FB) is exploring different ways to generate more revenue. The recent ways used by Facebook for raising revenue include gifting, paid messaging, and now ticketing.

Facebook users in Netherlands and Israel are seeing the option of “buy tickets” on event pages. The button also appears in the News Feed of users. The hosts fix the amount of money to be charged by people interested in attending the event. At the moment, the monetary transactions involved in buying tickets are completed with the help of third-party websites like Ticketmaster and Eventim.

The functions for ticketing feature have not been rolled out yet. The feature is just in the testing phase and Facebook has to decide on many features before the feature is made available to masses. It is also possible that Facebook will modify the features of the “Buy Tickets” option at later stages.

All FB was the first to break the news about the ticketing feature. Later, the Next Web confirmed the news reported by All Facebook.

Starting such feature on Facebook will help hosts in attracting more attendees for their events. Also, it would help in analyzing which events lure maximum number of visitors in a country or area.

Presently, “Buy Tickets” feature is not available for individual users. However, Facebook page owners have the option of adding a ticket link on their page.

It seems that the “buy ticket” feature on Facebook is very much similar to Eventbrite. Eventbrite, a few hundred million dollar company, allows hosts to create an event and collect money from attendees. The events promoted by the company can be of any type.

The feature has not been seen in other countries as of now. But, it is expected that FB will launch tests very soon in other countries as well.

What Should Investors Do With FB Now? Find Out Here

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