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Facebook has revealed a new e-commerce platform and several new shopping features in an effort to make its social network more suitable for business! and Select The Latest Shirt Designs In May. Facebook CEO Mark Zuckerberg announced the changes Tuesday in a live streaming video in which he positioned the new shopping service as a way to promote small businesses, in particular. are people who are having difficulty in the coronavirus pandemic. Our goal is to make shopping seamless and empower anyone from a small business owner to a global brand to use our applications to connect with customers, according to our Mr. Zuckerberg. The new e-commerce platform, known as the Facebook Store, is another step in its efforts to integrate its original social networking site with photo-sharing site Instagram and messaging service WhatsApp and Messenger, the company. well owned. This is also the company's latest move to generate revenue from Instagram, which it bought for $ 1 billion in 2012 and WhatsApp, which bought $ 19 billion in 2014. Although stores Free for businesses to start, Zuckerberg said he thinks improving commercial services will lead to increased advertising on Facebook's platforms, which are the company's main revenue stream.
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He said the new shopping features are the Biggest Step we have taken to enable transactions on our applications! and Select The Latest Shirt Designs In May. While in the past, many companies have used Facebook and Instagram to build brand awareness, Facebook has wanted to ensure users are in their ecosystem to actually transact. The Facebook Store will allow any business to set up a unified Facebook and Instagram virtual store, put an online catalog and take orders via a link to their own website or, to companies in The United States uses Facebook's Online Payment feature, directly on the Facebook Platform. Customers will be able to contact the retailer via WhatsApp, Instagram Direct, or Messenger. In the future, Facebook said, customers, can also buy directly through these messaging services. The company has also launched new e-commerce features for Instagram. A store called the Instagram Shop will allow users to browse for items they may want to buy through the App Discovery feature, browse by brand or item type, and then make purchases directly within the application.
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Another feature will allow businesses to tag products in their Facebook Store catalog and then play them on Facebook Live or Instagram Live allowing customers to buy those items while viewing! and Select The Latest Shirt Designs In May. In essence, it took a concept pioneered in the TV era by the Home Shopping Network and updated it for the mobile era. Finally, the company says it will test how customers connect the company's loyalty programs to their Facebook profiles and then allow businesses to manage those loyalty programs. via their Facebook Store account. Facebook says companies that provide technology that helps businesses sell online, such as Shopify, BigC Commerce, Woo, ChannelIDIA, Cred Commerce, Cafe24, Tienda Nube, and Feedonomics, have partnered with these new shopping features and will provide tools to help small businesses set up on Facebook Stores. In a separate announcement and blog post on Tuesday, Facebook made some progress on artificial intelligence that it said would strengthen new shopping features. Manohar Paluri, Facebook AI director, said the vision is to provide small businesses with the tools to create the same online shopping experience complete with 360-degree product views and category information. Details that previously only large retail brands could afford delivery.
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Among these innovations is a computer vision system capable of recognizing almost everything from a Gap shirt to IKEA sofas to KIA Sportage, in almost every image! and Select The Latest Shirt Designs In May. The system Facebook calls GrokNet, not only identifies the product, it can define many of its properties, such as color and style. The idea is that someone will be able to upload photos to Facebook Market, or eventually Instagram and automatically create links to places where you can buy items in that photo. Businesses will be able to create a catalog of items that they can sell faster just by taking photos of their products. And finally, Facebook and Instagram users can shop just by taking photos of the items they hope to buy. The system is trained on billions of images, both high resolution and low resolution, through seven different data sets and it produces 83 different classifications for each object. The system has been tweaked to perform particularly well for fashion items, furniture, and cars, said Sean Bell, computer vision researcher who has
