FB QVC? Facebook tries Live video shopping

Want to run your own home shopping network? Facebook is now testing a Live video feature for merchants that lets them demo and describe the...

Want to run your own home shopping network? Facebook is now testing a Live video feature for merchants that lets them demo and describe their items for viewers. Customers can screenshot something they want to buy and use Messenger to send it to the seller, who can then request payment right through the chat app.

Facebook confirms the new shopping feature is currently in testing with a limited set of Pages in Thailand, which has been a testbed for shopping features. The option was first spotted by social media and reputation manager Jeff Higgins, and re-shared by Matt Navarra and Social Media Today. But now Facebook is confirming the test’s existence and providing additional details.

The company tells me it had heard feedback from the community in Thailand that Live video helped sellers demonstrate how items could be used or worn, and provided richer understanding than just using photos. Users also told Facebook that Live’s interactivity let customers instantly ask questions and get answers about product specifications and details. Facebook has looked to Thailand to test new commerce experiences like home rentals in Marketplace, as the country’s citizens were quick to prove how Facebook Groups could be used for peer-to-peer shopping. “Thailand is one of our most active Marketplace communities” says Mayank Yadav, Facebook product manager for Marketplace.

Now it’s running the Live shopping test, which allows Pages to notify fans that they’re broadcasting to “showcase products and connect with your customers.” Merchants can take reservations and request payments through Messenger. Facebook tells me it doesn’t currently have plans to add new partners or expand the feature. But some sellers without access are being invited to join a waitlist for the feature. It also says it’s working closely with its test partners to gather feedback and iterate on the live video shopping experience, which would seem to indicate it’s interested in opening the feature more widely if it performs well.

Facebook doesn’t take a cut of payments through Messenger, but the feature could still help earn the company money at a time when it’s seeking revenue streams beyond News Feed ads as it runs out of space there, Stories take over as the top media form and user growth plateaus. Hooking people on video viewing helps Facebook show lucrative video ads. The more that Facebook can train users to buy and sell things on its app, the better the conversion rates will be for businesses, and the more they’ll be willing to spend on ads. Facebook could also convince sellers who broadcast Live to buy its new Marketplace ad units to promote their wares. And Facebook is happy to snatch any use case from the rest of the internet, whether it’s long-form video viewing or job applications or shopping to boost time on site and subsequent ad views.

Increasingly, Facebook is setting its sights on Craigslist, Etsy and eBay. Those commerce platforms have failed to keep up with new technologies like video and lack the trust generated by Facebook’s real-name policy and social graph. A few years ago, selling something online meant typing up a generic description and maybe uploading a photo. Soon it could mean starring in your own infomercial.

[PostScript: And a Facebook home shopping network could work perfectly on its new countertop smart display Portal.]



from TechCrunch https://ift.tt/2EhDxv2
via IFTTT

COMMENTS

BLOGGER
Name

Latest from TechRadar,63, 9to5Mac,7, AI News & Artificial Intelligence | TechCrunch,2, Apple,10, Cointelegraph.com News,9, Electrek,5, Space Explored,2, Technology,108, The Verge,45, TrendlyNews,27, YouTube - 9to5Google,13,9to5Mac,10,AI,2,Apps,4063,Business,151,Camera,1162,Crypto,9,Earn $$$,3,Gadgets,1741,Games,927,GTA,1,IFTTT,7,Innovations,3,Mobile,1700,Paid Promotions,5,Promotions,5,Space,2,Sports,1,Technology,8808,Trailers,796,Travel,37,Trending,4,Trendly News,25458,TrendlyNews,342,Vehicles,5,Video,5,XIAOMI,13,YouTube - 9to5Google,219,
ltr
item
TrendlyNews | #ListenNow #Everyday #100ShortNews #TopTrendings #PopularNews #Crypto #Ai #TrendlyNews: FB QVC? Facebook tries Live video shopping
FB QVC? Facebook tries Live video shopping
https://techcrunch.com/wp-content/uploads/2018/12/Facebook-Live-Shopping-Network-tool-tip.jpg?w=680
TrendlyNews | #ListenNow #Everyday #100ShortNews #TopTrendings #PopularNews #Crypto #Ai #TrendlyNews
http://www.trendlynews.in/2018/12/fb-qvc-facebook-tries-live-video.html
http://www.trendlynews.in/
http://www.trendlynews.in/
http://www.trendlynews.in/2018/12/fb-qvc-facebook-tries-live-video.html
true
3372890392287038985
UTF-8
Loaded All Posts Not found any posts VIEW ALL Readmore Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS PREMIUM CONTENT IS LOCKED STEP 1: Share. STEP 2: Click the link you shared to unlock Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy