The revolution of websites that could sell products and services to people has been a very lucrative way to do business for a lot of people. You can now easily get your business set up to sell products to people and you can do it with you own domain. This is something that is now widely known as e-commerce and it can be the answer to your needs when you have products to sell and you want to expand your business to other countries in the world.
There are many aspects of e-commerce that have kept a lot of business owners from implementing online sales with their business and one of the main issues is that there are quite a few requirements to setup a store. You need to get a merchant account, a certification for security purchases and insurance for any kind of fraud that takes place. Then you need to hire a professional service with programmers who are going to help you setup a site that can sell products online with a shopping kart, credit card and PayPal checkout and also the cost of shipping and international fees if they apply.
That sounds like a whole lot of work for someone to do and this is the main reason why so many people have opted not to start selling online. This doesn’t mean that ecommerce as failed to sell as a product because it has been implemented by thousands of businesses worldwide and many of them have been able to generate enough income to get a return on their investment very fast.
This brings us to the world of social media and how the whole concept of ecommerce has been revolutionized by Facebook. Now people can setup a store and sell their products and services without having to leave the network. This is something that is going to create many important changes in the world of E-commerce and it will bring a lot of people into the business without any problems. Thy will no longer have to worry about certificates of security and setting up complex systems for purchases on their websites. All they have to do is setup a simple set of requirements and they will be able to start selling their products in Facebook.
There is no way to deny that this can put a hug dent in the sales for e-commerce platforms and it could eventually put an end to that market. Obviously there will always be huge marketplaces like Amazon, eBay and Alibaba which will always sell products online with dedicated servers and a large number of security measures, but for small and medium sized business owners the option to sell their products on Facebook is going to be perfect.
They will no longer have to spend a lot of money to setup a shop online and this is going to allow them to get the most out of their business. There will be no need to risk a lot of money in order to start selling and testing out the kind of products that they can successfully sell online. Facebook will be taking a huge chunk out of the ecommerce market with this implementation and a lot of changes are expected to be made with it.
I will keep you updated on the kind of requirements that Facebook will be asking to their users in order for them to start selling their own products and services. This could end up being a huge break for a lot of people who have plenty of great items for sale, but have yet to find a practical platform to sell them.
Sharon Callix
Award winning Social Media Consultant
www.makingmoneyusingsocialmedia.com
