Will Facebook Deals Really Be A Groupon Killer?
It will take at least several months before anyone can truly call Facebook deals a Groupon killer.
Everyone is calling Facebook deals a Groupon killer, but we won’t have a real read on whether Facebook is a serious competitor in terms of group-buying for months.
Meanwhile, analysts are still split on whether Facebook-enabled commerce will really evolve into a major source of revenue for retailers (or Facebook itself).
Forrester Research, for example, says it’s not going to happen this year. Others (like us), say social commerce is already happening!
With that in mind, SocialTimes Pro dug into the current marketplace and found that Facebook’s potential social commerce revenues come from three main business models:
- Build a robust community, and then introduce currency and commerce.
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