Regifted: No More Physical Products In Facebook Gifts; Focus Shifts To Facebook Card Gift Cards
One of the main reasons behind the explosion of the gift-card industry is how easy it makes the process from both ends: The gift giver avoids the process of traveling to stores, choosing gifts, transporting them, wrapping them, and making sure they get to recipients; recipients, in turn, can choose exactly what they want to spend the amount of the card on, and they are spared the hassle of returning unwanted gifts. Logistical reasons also fueled Facebook’s decision to scrap physical gifts from its Gifts offering and shift its focus to its own gift card, the Facebook Card.
One of the main reasons behind the explosion of the gift-card industry is how easy it makes the process from both ends: The gift giver avoids the process of traveling to stores, choosing gifts, transporting them, wrapping them, and making sure they get to recipients; recipients, in turn, can choose exactly what they want to spend the amount of the card on, and they are spared the hassle of returning unwanted gifts. Logistical reasons also fueled Facebook’s decision to scrap physical gifts from its Gifts offering and shift its focus to its own gift card, the Facebook Card.
Facebook confirmed a report in AllThingsD that it will gradually shift its Gifts offering to only digital gifts and gift cards, telling AllThingsD that 80 percent of Gifts sent via the social network were already digital, anyway.
Lee Linden, who oversees the Gifts feature for Facebook, told AllThingsD in an interview:
We’re really making the...
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