What the Launch of Facebook & Instagram Shops Means for Brands

In the current COVID-19 landscape, consumers are turning to social media for entertainment and news more than ever before. A recent report from Global Web Index indicated that for all generations, social media usage is up 15–30%. Pair this increase in time spent on social with the recent increase in online shopping— eCommerce spending in the U.S. is up more than 30% from the beginning of March through mid-April compared with the same period last year —and you’ll find theperfect “why” behind Facebook’s recent launch of Facebook and Instagram Shops. Though positioned as a solution for struggling small businesses, the new feature will provide all businesses with the opportunity to tap into extended commerce capabilities.
9 maart 2021