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Facebook Gifts

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Re: Facebook Gifts

#4
Amazon without all the fulfillment overhead and all the event driven and social context. First pass was virtual gifts right? This is physical. Interesting, but needs some major fortitude.

Re: Facebook Gifts

#5
A much better idea than the original 'virtual gifts'. I could really see this taking off although it will take some time to reach users around the world. Maybe they will partner with Amazon for distribution. I wonder how this would affect Facebook's bottom line if a large percentage of their users started taking advantage of it. Combined with the birthday notifications everyone is used to it could generate significant revenue.

e.g. What is you clicked a birthday notification and instead of just an option to post to the persons wall you could send a gift? Lots of opportunity here for Facebook to integrate this.

Edit: just watched the video and they are integrating with birthdays.

Re: Facebook Gifts

#6
Oooh, now that's the way to get real names + addresses out of people. Neat. It also involves social pressure -- now not giving away your address will mean rejecting a gift.

Re: Facebook Gifts

#8
All depends on the quality of the gifts. If they're chintzy, good luck. But if it's quality stuff, cool. It's got to be of a higher level than Zynga was for apps.

Facebook would be served best by controlling gift quality with an iron fist. I'm a little skeptical they'll do that, but maybe.

This is very cool, though "Friends ... can swap for a different size, flavor or style before the gift ships."

Still. Quality. Quality. Quality.

Re: Facebook Gifts

#9
This seems like the entirely wrong thing to optimize. There are so many other opportunities for Facebook to monetize:

  - group buying around deals, or group buying in general
  - "Pay by Facebook" Facebook Connect based payment system
  - Facebook Presence based loyalty programs
among many other easier things than gifts. Gifting does not seem like low hanging fruit.

Re: Facebook Gifts

#10
Does this mean I can buy my friends a beer? Because that'll be better than buying them a ... cupcake.
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