cheap cell phones for sale Facebook’s e-Commerce A group of e-commerce start-ups are pinning their hopes on Facebo..
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Guest Article - Facebook's e-Commerce
Published on 2012-05-03 01:17:00
cheap cell phones for sale Facebook’s e-Commerce A group of e-commerce start-ups are pinning their hopes on Facebook, Inc. to become an e-commerce powerhouse that can stand up to Amazon.com, Inc. and eBay, Inc. Moving closer to going public, Facebook will come under more pressure to perform and find new sources for profit growth and rely less on advertising income which accounted for 85 per cent of its 2011 revenues. F-commerce Some business minds are of the thought that e-commerce on Facebook will be the answer. BeachMint, Yardsellr, Oodle, and Fab.com are start-ups that are introducing innovative ways to persuade Facebooks users to shop on-line as well, not just to stay connected with their friends. Backed by venture capital firms and big investors like Goldman Sachs, AccelPartners , and Andreessen Horowitz, these e-commerce outfits are pushing out shopping apps, hosting on-line garage sales, and testing out new business models on Facebook. They’ve always viewed e-commerce as such a huge category with a strong history, and as a natural move for the world’s largest social network site. Read more »
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