While the world is still seeking e-commerce in the form of large electronic stores targeting the world, there is a Facebook business benefiting from the Facebook group platform to create free small shops directly at the city or country level.
How can this change the form of global e-commerce, and what are its effects? Does it affect Amazon, for example, as the largest online store? Or is Facebook a mere phenomenon to be a mini-alternative to Amazon or e-bay.
If you have not purchased or sold your things, it is a reality that imposes itself on us. You can not ignore it, not only for its great number, but for the great benefits of it. Which 7 Figure Cycle stores do not find in a large electronic stores
The Pros of Facebook Stores
1 – Local easy direct and clear
Whether you are dealing with a Facebook group that represents a market at your city or county level or at the highest level of the city, it creates a local environment that helps you cope a lot. If you are in Egypt or Saudi Arabia, it is certainly easier to deal with your country in a Facebook group. Rather than going to a Chinese, Indian or Canadian person on Amazon.
This is an easy and direct mechanism to make anyone using Facebook able to trade as well. Here, I do not need to know about new mechanisms, but rather, It’s as easy as posting your photo or updating a case or commenting on someone else.
2. Payment in local currency No credit card complications
Because dealing at a local level, you do not have to get a credit card or a PayPal account which is not available to everyone, of course, especially if you are in a country legally penalized like Syria, Sudan or other countries where there is no PayPal, Facebook is the most important node facing e-commerce and is the payment methods, here payment is made in local currency and hand delivery or when sending the goods as a money order against the payment, and also these procedures practiced in your life a lot and you do not have to deal with electronic payment gates and there is no fear of committing Error or create an account and wait to activate it Then recharge it and then pay through it and the possibility of fraud on you.
3. Markets for everything and specialized markets
You may want to buy decorative fish, a used car, sell your rare book collection, etc. The options are too many for you whether you are a seller or a buyer. There are specialized shops locally, such as electronics or car sales at city level, such as Riyadh or Saudi Arabia. These stores are just a collection of Facebook, no more and no less, but they provide the platform that brings the seller to the buyer, and it is easy to display your order or your goods for sale or purchase, just write what you need in your dialect and add a picture of your request if you want or the product you will sell, It is the presentation that creates real social interaction with me People which revolves around Facebook.
4- There is no need to set up an electronic shop
Although there is open source software and free to create electronic stores, but there is also very expensive software and may have to be manually programmed or modified on the software is ready and this cost you a lot of money and time and effort and the use of an expert in programming, all this to get On your 7 Figure Cycle e-store, while simple and free clicks you can get a store on Facebook, just created a group and name it in the name of crossing and then describe and start promoting a little and then members will promote it and Facebook helps you also by proposing to the friends of those joining. You do not need to worry about booking a domain Addition and shop and installation, maintenance and protection and other complications.
5. Long-term relationships
Because buying and selling here is done in person, this opens the door between the seller and the buyer to establish personal relationships between them long-term and thus opens the opportunity for you to develop from your current work or identify new areas and many other possibilities possible, and this is not possible in electronic stores because it does not allow Any contact or direct contact between the seller and the purchaser thus creates a barrier between them and does not provide them with a clear communication mechanism such as telephone or e-mail, while the Facebook store depends entirely on this direct mechanism of communication between the parties to complete the transaction.
Cons of Facebook shops
1- The small market
Because 7 Figure Cycle Review stores are usually targeted to a small area of the world, such as the city or most of the country, if you are a retailer and want to dispose of your goods through these stores, your chance of sales will be less than in international stores. In your mind, is my shop or the product that I order globally required to be in Amazon? Is my target segment only my city or is anyone able to pay will need the product and must buy it?
Generally, these stores have narrowed their scope so as to avoid the complexities of international stores where millions of goods and offers are displayed. Here on Facebook, goods are less and offers less, which is what some find a suitable opportunity for them.
When Facebook launched groups to discuss and discuss a certain interest, and because it is not built to be an electronic store, you will inevitably suffer from the issue of lack of regulation or lack of jobs that are essential for electronic stores such as classification of goods for sale or purchase according to criteria set by price and time and country Shipping and more, on Facebook you will have to manually browse all the recently published offers and read them all to know the information you want, and this is an obstacle that limits the effectiveness of the Facebook store, as long as the offers are presented in the form of publications it is of course the priority of the latest publication appears on top Which has a more recent comment, so if you make an offer that has not received the attention and interest of members it will sink among hundreds of other offers, but what if a new person enters and really wants the product you offered? You may say that you should search the group, but what if your wording for your presentation is different from your wording for the search term, it will not find you, and here we miss the opportunity to make a sale.
The Facebook group is usually built as a non-profit platform to combine the seller and the buyer. Therefore, it does not make any profits as a merchant or any party, and it does not have any costs because it does not store the goods and does not technically pay for the establishment of the store. It costs the management and promotion without any returns, but it is positive at the same time for the buyer and the seller, so they will not pay additional expenses as commissions to the shop.
4. Limited quantities
These stores are found for individuals, especially for used products. Often, they are not intended for traders or retailers as a channel for products, and for buyers who are looking for large quantities of a particular product, the products are often sold only one piece, , But why not take advantage of all the advantages of the Facebook Store to be a platform for large-scale trading? The truth is that there is nothing to prevent this. If there were big requests there would be big offers.
This point leads us to the idea of economies of scale, when you shop for books, for example, you can buy for your account large quantities of titles of certain books expect huge demand, so as a buyer you have the power to negotiate for a better price you can then display these books for sale at less than any store else..
In Facebook groups this is not possible because the manager of the store originally does not trade for him and his shop is only a platform between the two charity, or may put a fund to donate as simple commissions, which later benefit something for the benefit of the store and its members as a whole.
You can not talk about e-commerce without addressing the subject of trust is the first thing that interested anyone who wants to buy or sell online, where the electronic stores known organ system follow the sales or purchase by any person thus make him reputation from the scale of ten degrees Based on seller ratings or buyers, you can know how much confidence this person has. If you sell your Amazon product and come with a purchase from a trusted person you will not hesitate to sell it because you know it will pay off and will not be delayed. Similarly, if you want to buy a product that is available to thousands on Amazon, You will not buy it from someone who has a confidence index You reduce the fear of fraud or the real product is different from the supply and so on.
Back to the Facebook shops here there is no guarantee to deal between the parties and the management of the store disclaim any responsibility for fraud or manipulation where anyone is a charity platform to combine the parties, and there are no clear standards to know the level of confidence in any person, but you have to Each seller or purchaser follows his / her personal contact and identifies his or her clients’ evaluations as an image of him. This requires you to follow all that is published in the group, so if a new person enters, he will suffer from this point and will not know who the trusted person is.
Is e-commerce affected by Facebook trade?
No, most likely will not be affected by several reasons we can draw from the negatives and positives mentioned above, such as large stores such as Amazon, Which can provide competitive advantages not found in Facebook stores, such as free shipping or discounts, special offers for certain periods or free coupons, in addition to it is easy to identify the reliability of each person and it contains rights guarantee programs, which prevents all fraud and conduct and prohibit Sensation S crooks to maintain the reputation of the store as a whole.
The effects will be light and limited. For example, as long as these people do not have a credit card, they can not deal with Amazon, so they go to a group on Facebook to buy and sell. This segment of people does not affect Amazon because it is a missed opportunity.
But this does not mean that they are completely ignored as these new forms of commerce can develop in the future and become vulnerable to e-store quotas, especially if Facebook provides new tools and features to better manage groups to achieve trade through them, or if a Facebook store moves to An electronic store that has grown in size, fame, and volume. Here, e-shops find a strong, powerful competitor suddenly born in front of them, a difficult situation no one wants to be.
In the end, there are no statistics on the volume of operations of 7 Figure Cycle stores and what they represent of global e-commerce, but they are undoubtedly growing increasingly.
Tell us what do you think of these Facebook stores through dealing with them? Are there any negatives or positives you would like to add?