Retailers Shut Facebook Storefonts Amid Apathy

Posted by Philippe Moisan
510 Pageviews
It's interesting to see that everybody and their mother thinks that Facebook is the way to go for business. I saw an article that has a different point of view. Here's the beginning of the article:

Last April, Gamestop Corp. (GME) opened a store on Facebook to generate sales among the 3.5 million-plus customers who’d declared themselves “fans” of the video game retailer. Six months later, the store was quietly shuttered.

Gamestop has company. Over the past year, Gap Inc., J.C. Penney (JCP) Co. and Nordstrom (JWN) Inc. have all opened and closed storefronts on Facebook Inc.’s (FB) social networking site.

Facebook, which this month filed for an initial public offering, has sought to be a top shopping destination for its 845 million members. The stores’ quick failure shows that the Menlo Park, California-based social network doesn’t drive commerce and casts doubt on its value for retailers, said Sucharita Mulpuru, an analyst at Forrester Research in Cambridge, Massachusetts.


Read the complete article at Bloomberg.com

I suggest we as online marketers keep coming to APSense for building our businesses. After all, Facebook is technically still a social site.