Facebook and Instagram are adding a big new e-commerce feature: Shops.It's part of a major push by Facebook in recent years to move into ecommerce, taking it up against the likes of Amazon and Etsy.
The Silicon Valley-headquartered social networking firm announced on Tuesday it is adding shopfronts for businesses to list their wares, along with a host of other e-commerce functionality across its apps. The new features move Facebook further than ever from its roots as a purely advertising-focused business — and also take it more squarely into competition with far more established online shopping platforms like Amazon, eBay, and Etsy.
Facebook Shops allows businesses to create digital storefronts on the social network, where they can host "catalogs" of their products, and will either link out to places to buy the products or allow users to purchase them directly on Facebook. In recent years, Facebook has been throwing more and more weight behind the potential of e-commerce as an area of growth for the business,
ASX STOCK:$OLL$🚀🚀
I will never trust my money, near Facebook
THANKS Facebook TTYL
We write about gbksoft time to update this
Nobody needs Facebook!
Don’t they already have a market place for that?
It’s all about business
Wow.... Here we go SeunKOlajide
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