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by mrkramer 2221 days ago
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.

2 comments

Facebook is going to handle everything (search, display, cart, checkout, payments) and will charge 5%.

Shopify is doing nothing on a transaction level & yet they have a stock that requires growth, so they are charging 2% per transaction.

I kid you not.

They will probably do it for free, and then just limit visibility unless you pay to advertise the products.