Facebook E-Commerce Or As Its Called F-Commerce

Came across a great page on Social Commerce Today that has some great stats about F-Commerce, Facebook enhanced e-commerce.

Social Commerce identify three basic types of F-Commerce:

  • on Facebook (f-stores, Credits)
  • on the Web (using Facebook open-graph/social plugins/FB storefronts with web-stores)
  • in-store (using Facebook open-graph/social plugins/Deals for ‘bricks and mortar’ retail)

So what sort of numbers are companies seeing from F-Commerce? Social Commerce has a lot of numbers but these are the ones that stood out to me:

Facebook drives word of mouth sales

  • $2.52: what a Facebook share generates for ticketing site Eventbrite
  • 130: Average number of Facebook friends of a user (who receive their word of mouth recommendations)

Facebook drives loyalty sales

  • 117%: the additional amount a fan will spend on a brand compared to a non fan
  • 51%: the increase in likelihood a customer will purchase, after clicking the ‘like’ button
  • 41%: the increase in likelihood a customer that a customer will recommend, if they have liked the brand

Industry adoption of f-commerce is accelerating

  • 76%: percentage of retailers who plan to use Facebook for ‘social commerce’ initiatives
  • 50%+: proportion of the global top 100 websites have integrated with Facebook using it’s social plugins
  • 10,000: number of new websites integrate with Facebook every day (with social plugins) (since April 2010)
  • 2m+: Number of sites that have integrated Facebook social plugins

What do you think of F-Commerce? Are you using the Facebook plugins? Are you having success with them?

 

Post By David Wilson (636 Posts)

I have been in providing Search Engine Optimization (SEO) services to clients for the last 8 years. I believe that SMO is where all the online services are going to converge over the next 18 months.

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Comments

  1. hey,
    How is F-commerce going to enhance my business?? Meanwhile will it have any adverse effect?

  2. Caro says:

    Hollard I guess the adverse effect would be if you didn’t keep up with getting back at your friends.. Other than that the statistics are encouraging!

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