Facebook is one of the popular social media sites which includes billions of active users. So actually it is a good place to start an initiative of shopping features to compete with Amazon. Recently, Facebook announced the inception of the market place in its own application to attract buyers and sellers. Soon users will be able to browse products from the nearby places. They can get recommendations from popular personalities. Users can avail cheaper deals in all three apps. The online shipping and payments process is so intact that there is no chance of mistakes.
Facebook and Instagram give an edge over Amazon shopping market because it helps us to connect with the family and friends. E-Commerce services are well driven by the social media network. Online celebrities promote products on Facebook and Instagram to make deals more lucrative and easy for customers. Instagram is an influencer market where endorsements are possible because of the large user base. Adam Mosseri, Instagram head speaking in an annual conference of Facebook’s said that in the near future shopping would be dependent on the content of creators.
WhatsApp is one of the most prestigious products of Facebook. It will gain catalogs and product history which the developers are testing in the recent past. India is a market of million users and serves as a good place for the business.
This announcement created a spark in the E-Commerce sector. The damage which is done by the data breach and privacy scandals led to the fine of $5bn. Facebook is set to be redesigned again after a decade. Mark Zuckerberg announced that private groups interface will be changed and blue bar too which was present from the years. He said that Facebook doesn’t hold a good position in the privacy index. But he promised to encrypt all the conversations by standard encryption techniques so that they cannot be seen by hackers or governments.
Facebook is rated as one of the popular social media because of its high users. It will be a huge step in the world of privacy to secure all the conversations on Facebook. He stated that encryption is good for all types of businesses through Facebook. It allows a secure connection between buyers and sellers.
The company is really excited about the overall payments and commerce through Facebook. Sending money to someone is as easy as sending a photo after the introduction of new changes.
With this user are able to tag their friends on the posts which are strictly about the products. So that their followers and friends can see and buy the products through Instagram or Facebook. The shipping of the products will be easy across the US. In recent times there is an abundant growth in the selling of products. Facebook launched its own shopping channel on Instagram last October to raise up the unofficial business. Market sellers can hawk their goods on Facebook and they can create videos for the shopping channels. Facebook is using all the tactics to counter Amazon in the E-Commerce sector.