So before introducing you guys to the revenue model of Quora, let's look at its business model first.
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What quora did, so that it has more than 200million unique visitors monthly.
If you ask a normal person, How quora did, Then they would tell you it has lots of money that’s why?
But if you ask the same question to a serious entrepreneur or business analyst, he would tell you it’s the next level business like Facebook.
So what it did?
There is a market psychology of earning money that most people forgets but not big giants like Facebook and Quora.
If you look back then, you will understand Quora and Facebook don’t introduce us to their ad campaign system until they reach their enough users.
The simple reason “Because they value People”.
Simple steps are –
Value + Value + Value then Pitch.
Quora can easily add marketing in 2016 but they waited this long so that people get addicted to it.
Facebook did the same, Big giants don’t care about the short-term goal they only care about their future plans.
Now the source of income for quora is quora advertisements, where the user can monetize their ads to a specific question.
Same as facebook.
Their main target was to make people addicted to something, Apple used same psychology.
In 2017 November quora have the estimated worth of 1.8 billion dollars.
If he didn't wait for so long maybe quora could get collapsed like yahoo answers.
I am sure you will get my point Make plans and be visionary, and Dream Big. :)
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Bye, Tc, Peace