By F-commerce, we are not talking about cursing the practice of buying and selling, but instead talking about Facebook commerce; the act of buying and selling on Facebook. Not long ago Facebook provided brands and companies with the option to sell their products on Facebook via a storefront app. At first, this seemed like a must have opportunity for any company selling a product. At the time, this was revolutionary! You’re telling me I can buy clothes from my favorite brands, online, all while I’m bragging to my Facebook friends about what I am buying? Get out of town!
Fast forward to today – large brands such as JCPenny, Gamestop, Gap, Nordstrom and others have closed their Facebook stores. One plausible answer as to why these companies pulled the plug on F-commerce may be that they are not seeing the results they had imagined. Continue reading…