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Friday, March 1, 2019

How Wikipedia earn money?

How Wikipedia earn money?? Business model

Wikipedia is a Paisa Kaise Kamata

How does Wikipedia Earn Money?


How Wikipedia earn money?Hello friends, The more popular Google, facebook, the more popular it is in this narrative of the Internet. Wikipedia If we want information about a Person, Place, Subject or any other thing, then we will get it on Wikipedia. But do you know that Wikipedia is a Paise Kaise Kamata Hai? And how does its business model work?
if not! So you are right here. We will learn here that in detail about Wikipedia's business model, you will learn more about how Wikepi became the world's 5th most popular website? But know that before.

About Wikipedia:

Wikipedia 's free encyclopedia , which was launched in 2001, today it is the world's 5th most popular website according to Alexa Ranking. Here, 5,749,532 articles have been published in 301 languages.

It has 78,408,740 registered users and more than 500 million users visit Wikipedia every month.
Page statistics (November 2018)
Content pages 5,749,535
Pages
(All pages in the wiki, including talk pages, redirects, etc.)
46,319,134
Uploaded files 880,202
Edit statistics
Page edits since Wikipedia would set up 863,588,968
Average edits per page 18.64
User statistics
Registered users 34,927,247
Active registered users
(Users who have performed an action in the last 30 days)
134,453
Bots 306
Administrators 1,202
Interface administrators 14
Bureaucrats 21
Pending changes reviewers 7,064
Stewards 0
Account creators 32
Importers 2
Transwiki importers 0
IP block exemptions 301
Oversighters 46
Founder 1
Rollbackers 6,018
Edit filter helpers 13
Autopatrolled 3,902
Event coordinators 99
Researchers 9
File movers 401
Checkusers 49
Template editors 170
Mass message senders 53
Extended confirmed users 42,998
Page movers 243
New page reviewers 661
Edit filter managers 155
Confirmed users 537
Copyright violation bots 1
Other statistics
Words in all content pages 3,265,119,227
Queued mass messages 0
Wikipedia works on the open editable process, which means any author can edit any content by creating a Wikipedia author account and share new content.

Wikipedia Business Model To Make Money:

Business Model or tells how an organization earns money. As I have already told about some business.
  • Movies Business Model
  • Dropshipment Business Model
To make money online or earn money, they have to provide product, services, etc. to the customer. Just like if we talk about Facebook earns money from its advertising services, similarly Amazon earns money by selling the product .
But if we talk about a blog like TechYukti,
So on the blog where only the articles are shared, the source of making money is Ad Network, Affiliate, Promotion etc. Wikipedia is also like a blog and many articles are shared here.
Due to Wikipedia's non-profit-organization, we do not see any advertisements, Affliate on its website, nor does it promote any kind of promotion. In such a case, it should not be a business model.
Ha! It is absolutely true that Wikipedia does not have its own business model. But its parent organization " Wikimedia ", which manages it and many free encyclopedia sites like it, has a business model.
Wikimedia is a nonprofit organization and it makes money from the public fund model. Such as charity, donation etc. and in this manner Wikipedia Business model works.
wikipedia business model

What is Wikipedia ?

The free encyclopedia organization does not earn a single rupee from its website, it neither provides any kind of service, nor uses advertisements and affiliates, nor does it sell any product on Wikipedia.
In this way, the Wikipedia support company follows donation-based revenue generation technology, because any website that wants to be online on the Internet, whether it earns money or not, but will have to pay money to remain online on the internet.
Similarly, Wikipedia also pays Wikimedia money for hosting, domain, security to remain online and every year Wikimedia pays $ 8 million to $ 8 million to keep Wikipedia online, i.e. about 21,744,0000
In this way, W ikimedia organizations earn money for Wikipedia by using donation-based revenue generation techniques and keep it online for us. About $ 80 million was donated in the name of Wikipedia in 2017 and the company follows 2 based technique for it to make money from Wikipedia.
  1. By selling products
  2. Direct Donation

By selling products (Merchandise):

Wikimedia organization creates many products in the name of Wikipedia and makes online sales. Such as Men Fashion, Women Fashion, Kids, Bags, Mug, Nootbook etc. Or understand that Wikipedia is used as a brand by using money, which is used to run Wikipedia in the right way.
wikipedia product

Direct Donation:

On the Wikimedia website, you get the option of donate from where anyone can go and donate through Credit / Debit Card. Wikipedia has a popular website and it is known as Internet cop, so many people give donation and 2017 Donation Totals by Continent is as follows.

wikipedia fundraising
Image credit: wikipedia

Friends, Wikipedia is a nonprofit organization that is run with the help of many people. How did Wikipedia make money, you might have understood if its facts are seen, it generates less revanue according to its popularity, because it is run on the basis of money, not by the contributors, thousands of people every day Share and make it better. If you have any suggestions, then you must comment.

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