Facebook Just Opened The Door To A Social Commerce Function That Could Be MASSIVE (FB)

Source: http://www.businessinsider.com/facebook-just-opened-the-door-to-a-social-commerce-function-that-could-be-massive-2012-7

girl facebook likes thumbs up

Facebook has created an option within its OpenGraph source code for social commerce that, in addition to allowing users to create a “Want” button, allows users to indicate that they bought something in the same way that they can “like” video or news articles, according to blogger Tom Waddington.

Poking around in Facebook’s OpenGraph code, he found options for a “product.purchased” option along with the aforementioned “Want” button. Waddington says:

The source code from the stream story gives a few more clues as to Facebook’s strategy for products. The Want/Unwant action link even includes ‘socialcommerce’

It’s clear that Facebook are working on a new OpenGraph representation of products.

It appears that product wants and purchases will be accessible similar to other user actions – music, news and video.

Here’s a screengrab of what it might look like:

facebook social commerce

As we explained earlier, a “Want” button coupled with some sort of social commerce action would be sort of Holy Grail for advertisers who currently do not have a way of figuring our users’ shopping desires on Facebook.

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By: Dr. Augustine Fou Friday, July 6th, 2012 news

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Dr. Augustine Fou is Digital Consigliere to marketing executives, advising them on digital strategy and Unified Marketing(tm). Dr Fou has over 17 years of in-the-trenches, hands-on experience, which enables him to provide objective, in-depth assessments of their current marketing programs and recommendations for improving business impact and ROI using digital insights.

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