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Introducing Facebook Shops

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Re: Introducing Facebook Shops

#61

Post by dvduval »

scarface74 wrote: post #30
A4ET8a8uTh0 wrote: post #14

I dislike Facebook, but this is a really smart way to grab a market share. Most businesses need minimal online presence so FB front is sufficient. I won't see those businesses, but I know I am a minority, when it comes to this.

Random non rant: Thank you for being self aware enough to know that you are in the minority when it comes to not having Facebook. Most posts by people who don’t use FB and post to HN feign ignorance and say something like “I haven’t used FB in 10 years. Does anyone still use it?”

I don't trust Facebook, but I use it. I don't spend money on Facebook. I don't intend to have a financial relationship with Facebook. There certainly are some benefits of using Facebook for certain purposes.

Re: Introducing Facebook Shops

#62

Post by Spivak »

swagonomixxx wrote: post #19

With the rise of services like Shopify, Etsy, etc. why are independent product manufacturers in the US / Europe still using Amazon? Is it the lack of the supply chain / item delivery that Amazon provides so well or is it something else? Hearing about how Amazon undercuts pretty much every seller on their system makes me think that sellers would be willing to jump in a heartbeat if given a viable alternative. Facebook…

It's the logistics network. Being able to just ship your product to an Amazon warehouse and then have them handle the rest on the cheap pretty much guarantees that using Amazon will come out cheaper.

Combine that with Amazon handling the bulk of customer support, returns, and payments and you end up making more money on Amazon than anywhere else.

I've actually tried to get a company to price match their own store on Amazon and they told me to just order it on Amazon because it was better for them.

Re: Introducing Facebook Shops

#63

Post by swagonomixxx »

nickff wrote: post #33
swagonomixxx wrote: post #19

With the rise of services like Shopify, Etsy, etc. why are independent product manufacturers in the US / Europe still using Amazon? Is it the lack of the supply chain / item delivery that Amazon provides so well or is it something else? Hearing about how Amazon undercuts pretty much every seller on their system makes me think that sellers would be willing to jump in a heartbeat if given a viable alternative. Facebook…

Many potential customers use Amazon as a search tool, as well as a source for (slightly) trustworthy reviews. If you are off Amazon, you miss out on those customers. In addition to that, making your own webstore used to be more complicated and difficult than it is now; platforms like Shopify have really lowered the barrier to market entry.

That's true. Amazon unfortunately has gained way too much market share for someone to forego being a seller on there.

Re: Introducing Facebook Shops

#64

Post by mrkramer »

jameslevy wrote: post #2

"We’re also working more closely with partners like Shopify, BigCommerce, WooCommerce..." Is Facebook Shops not a direct competitor to Shopify? Or is this just "embrace, extend, and extinguish"?

I don't get it. If you buy something from Facebook Shop does Facebook take a fee or Shopify for example. I'm guessing Facebook is trying to get rid off websites and essentially Google and hoping all discovery happens on Facebook and Instagram.

I'm wondering how Facebook Shops is going to impact Shopify,Amazon and Google Shopping in the long term.

Re: Introducing Facebook Shops

#65

Post by ksec »

jameslevy wrote: post #2

"We’re also working more closely with partners like Shopify, BigCommerce, WooCommerce..." Is Facebook Shops not a direct competitor to Shopify? Or is this just "embrace, extend, and extinguish"?

I read the tweet from Shopify CEO and I thought Facebook went and partnered with Shopify only. Turns out that is not true.

Anyway out of all those listed, I would think Shopify has the biggest to gain. While I dont know enough about the possibility of Facebook doing Triple E, at least All of a sudden Shopify's insane valuation makes a little more sense and justifying the possible potential. Currently market cap at ˜90B and trading at ˜50x revenue.

Re: Introducing Facebook Shops

#66

Post by g-garron »

A4ET8a8uTh0 wrote: post #14

I dislike Facebook, but this is a really smart way to grab a market share. Most businesses need minimal online presence so FB front is sufficient. I won't see those businesses, but I know I am a minority, when it comes to this.

You are right, it is a great move. I do not like it either, nor use it, except when I need to find small commerce sites in my city. I know they do not have their own webpages, so it is useless to look them on Google, but they all have a Facebook Fan Page. With this move, Facebook will get even more business, and less and less small companies will see the need to build and maintain their own sites. It is also a great move against Shopify

Re: Introducing Facebook Shops

#67

Post by hjek »

JKCalhoun wrote: post #58
braythwayt wrote: post #49

Earlier quoted context omitted.

I don’t use Facebook, but bragging about that and questioning whether anybody else still uses Facebook feels a lot like asking if anybody still buys Apple phones. I vaguely recall a HN comment on a different subject which drew a parallel to the famous Yogi Berra quip, “Nobody goes there anymore, too crowded.” It sounds like one of his classic oxymorons, but there is a deeper implication with respect to tastemakers/ea…

I don't use Facebook either. Wondering at what point we're not in the minority?

Out of the 7.8 billion people on Earth "only" 2.6 billion are used by Facebook so technically we're already there.

Re: Introducing Facebook Shops

#68

Post by hckr_news »

runawaybottle wrote: post #48
A4ET8a8uTh0 wrote: post #14

I dislike Facebook, but this is a really smart way to grab a market share. Most businesses need minimal online presence so FB front is sufficient. I won't see those businesses, but I know I am a minority, when it comes to this.

It also will blur the line between sponsored reviews and sales. So imagine when you watch a review for something on YouTube, or see someone share a product on Insta, you just straight up buy that item/service from their page. You’ll now have your payment hooked into these platforms and they can take advantage of serious impulse buying. Could subvert Patreon in a way also. The implications are there I think.

It looks quite seamless from first glance. Was eventually going to happen I think given how much time people spend on these platforms. Instagram influencers will have an easier time and may perhaps forgo Shopify-built sites for the sake of simplicity by routing fans to their Instagram marketplace. Can see YouTube introducing YouTube-shop to keep people within the Google ecosystem and compete with Facebook.

Re: Introducing Facebook Shops

#70

Post by ancarda »

foobar_ wrote: post #60
ancarda wrote: post #21

Earlier quoted context omitted.

This thread seems mostly negative towards Facebook (good - fuck em') but your comment seems to suggest you think there's some bias here. Are people on HN being too positive about Facebook?

[flagged]

America isn't a totalitarian regime though. Evidence of racism isn't relevant for that definition - it's a label that applies based on government structure.
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