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If well executed, Facebook Shops has the potential to crush both Shopify and Amazon. FB Marketplace already has 800 million monthly users, more than Amazon and
by duud 6y ago
If well executed, Facebook Shops has the potential to crush both Shopify and Amazon. FB Marketplace already has 800 million monthly users, more than Amazon and eBay combined.
- bitxbit 6y agoIt’s really Instagram right? I want to say something like 95% of small shops selling under Shopify market under Instagram. It’s just that Facebook never took e-commerce seriously enough. If they spent _some_ capital in more useful endeavors oppose to Zuckerberg’s flavor of the year projects such as Libra, FB would be as big as AMZN. They have all the infrastructure already in place to pull it off.
- pgrote 6y ago>800 million monthly users What is a monthly user? What part of the facebook ecommerce platform did they use? Facebook has the centralized marketplace, many local/regional sales groups and paid advertising.