Facebook Shop vs. Amazon
Quote from Ndubuisi Ekekwe on May 20, 2020, 2:13 PMFacebook may offer a real challenge to Amazon in ways Walmart’s Jet was unable to do. Walmart is shutting down Jet and repositioning its Walmart. com. So, this evolution of Facebook, of turning business profiles into shops, should worry Amazon. com because if people feel very comfortable buying things while on Facebook, the incentive to open the Amazon website will diminish.
Yes, if people do not visit Amazon, that will do it for Amazon. A high degree of abstraction and disintermediation would be expected with this industry-shaping move by Facebook. For eBay, it may be the end. Game on .
Facebook may offer a real challenge to Amazon in ways Walmart’s Jet was unable to do. Walmart is shutting down Jet and repositioning its Walmart. com. So, this evolution of Facebook, of turning business profiles into shops, should worry Amazon. com because if people feel very comfortable buying things while on Facebook, the incentive to open the Amazon website will diminish.
Yes, if people do not visit Amazon, that will do it for Amazon. A high degree of abstraction and disintermediation would be expected with this industry-shaping move by Facebook. For eBay, it may be the end. Game on .