Our purpose is to create heroes, grow businesses, and change lives.
IMPACT teaches business leaders how to build high-performing teams that achieve extraordinary digital sales and marketing results through coaching, online training, and in-person experiences. We look forward to joining you on your journey to becoming a hero for your own company.
Facebook is now testing a new Live video feature that allows merchants to demo and sell products directly through the app.
Think modern-day QVC or online infomercials, except instead of phone calls, viewers of live streams will be able to screenshot of the product they want to purchase and send it to the merchant via Facebook Messenger.
Then the merchant can request and submit payment right through the app.
As of right now, the details are thin and it is unclear how it will collect on sales made through Live video. What is clear, however, is that Facebook is seeking revenue opportunities beyond the increasingly oversaturated News Feed.
Although News Feed ads have been historically lucrative for both merchants and Facebook, many verticals require a pretty good sized budget to compete and, let’s be honest, all of our feeds are getting pretty cluttered and Stories are rising in the ranks of most engaged media.
It is yet to be seen how powerful this feature will be, but if Facebook’s existing ad networks success is any indicator, the sky's the limit.
So, When Can You Start Selling?
As of right now, it is unknown. It doesn’t appear that Facebook has plans to expand the feature, but we’re hoping it does. This feature is currently only available to a very limited set of Pages in Thailand. Why? Thailand is one of Facebook’s most active marketplace communities.
However, if the feature does well, it is likely to make its way to other countries.
Until then, live product demos are certainly something you can consider doing on your Page on your own. Schedule a time and promote it like you would any other live event and see how your audience responds! If this feature does roll out, your previous experience will help you determine if its something worth investing in or not.
Here Are Some Related Articles You May Find Interesting