Facebook has become a significant part of the routine of every individual now days as people share their emotions here on almost daily basis and have become addicted to the Facebook. Facebook being the most important social media website has many benefits in the business and now it has been planning to diversify its business further by giving the shopping services to its customers.
Facebook has been targeting to become a virtual shopping mall and for that purpose, the pages of Facebook are being planned to convert into e-commerce websites. Facebook will allow the interest sellers to list their products at the Facebook page and they will be able to sell the products to the customers directly. People who want to purchase the products could shop and pay without ever leaving mobile app of Facebook or the web page I-e Facebook.com.
This is not only beneficial for the Facebook, but also it is a wish of every company to sell as many products as they can and that is why they use different media to sell their products to gain maximum profit and become efficient in all the sales channels. Advantage for Facebook will be that the companies might have to purchase the ads so that they can surely send the message to the customers and make them aware of the available products.
Facebook will also charge the sellers and get a percentage of sales from them that will cost the customers higher as well. Facebook which is already doing such things like online communication and advertising will be successful in the experiment it has been planning to do. It is expected that Facebook will make it possible.
Mark Zuckerberg also disclosed an important point of the business that chats will be allowed with the businesses and users could easily track packages within the Messenger and transfer of money will also be made between friends.
Facebook will be a medium for many companies to sell the products and Facebook will be able to increase its value by letting it know to the others that it is the best platform for its users where they can get data better than any other.
Sellers can get reward of their investment quickly as the ads will be posted on Facebook for which they have to pay and will let people to just click and purchase it. So it means your investment will pay you back.
The biggest competitor of Facebook which is Google has already launched the service of selling the products through its website which has created convenience for many shoppers to click on the ads and have access to the items and payment methods.