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Follow on Google News | Understanding f-commerce Understanding f-commercePerhaps no business has matched the phenomenon of Facebook. Both in terms of the size and growth rate, it has few parallels for any business in any part of the world, perhaps at any point of time.
By: Nichesuite.com Perhaps no business has matched the phenomenon of Facebook. Both in terms of the size and growth rate, it has few parallels for any business in any part of the world, perhaps at any point of time. Started in the middle of the night, literally, from a room by its founder, Mark Zuckerberg only seven years ago; Facebook has exploded into a multi-billion dollar business. It has three-fourths of a billion users as of mid-2011. Reaching out to your users For an ecommerce business, the prospect of being connected to this huge a potential market looks tempting. Agreed, all 750 million may not be targeted customers, but sifting from this huge database can still make it a great source of potential buyers. For an ecommerce business to lay its hands on such a possible market, it is necessary to first connect with it. It takes an ecommerce solution like http://www.nichesuite.com/ UK too The number of 750 million may appear to be huge and disparate. This need not be so for a business that plans to sell globally. Nevertheless, for those who want to target only the UK market, there is good news. The UK, for long considered the world’s most mature market for ecommerce, is a big growth market for Facebook. It has no fewer than 30 million users in the UK, which constitutes one of Facebook’s fastest growing markets. It has been growing at an enviable rate of almost four million users a year. It is only set to grow even more in the years to come. The UK market for Facebook presents a prospect that is too good to overlook: Half the entire country’s entire population is on Facebook. There are no figures on how many actually shop using Facebook, but it is not too naïve to assume that in a country fond of online shopping, an additional, added resource could be an important driver of online sales. Even if an online shopper does not end up buying on Facebook, she can follow a brand or product, which means a potential buyer waiting in the wings. Connect in no time One of NicheSuite’s major advantages is that it can integrate your business with Facebook in less than 24 hours. Facebook offers selling in these types: Facebook-facilitated on-site selling; Facebook-initiated selling, and complete selling through Facebook. Transacting on Facebook is done via PayPal after the customer places an order. End
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