Friday, September 28, 2012

What Facebook members offering gifts to other members mean ..

With membership of more than 990 million subscribers, minimum 20-30 % active users, in addition being the third most populous country in the world after China and India, the option of giving gifts to other members, brings in a great boost to Internet e-commerce. Other major global players will be pushed to the periphery or they join with facebook and offer the service to customers at a very subsidised rate.

The potential is tremendous and we cannot foresee what this means to global commerce .. It may/can change the way we wish each other and send gifts to each other. Governments will find it difficult to tax Facebook or customers for the items or keep track of items changing hands.

We are going to see a global virtual shopping mall which can rival Walmart in the items on offer with ease of order and delivery .. This can open lot of employment opportunities for people acting to be part of the Facebook global supply chain and for developing and maintaining infrastructure for the same across the world !


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