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Facebook’s Mark Zuckerberg recommits to commerce with ‘Shops’

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Facebook’s Mark Zuckerberg recommits to commerce with ‘Shops’

Mark Zuckerberg | A foray into a new business line is likely to draw attention from regulators, too.

Facebook Inc is making another run at building a shopping empire – and this time it has the direct involvement of the participating most important executive, Mark Zuckerberg.

The Facebook chief executive officer announced a handful of updates Tuesday signaling the increasing commitment to online shopping and commerce, one of the areas he mentioned as a priority for this year. The main product, called Shops, is a new version of an existing Facebook feature with a similar name, and will let retailers upload product catalogs to their Facebook page or Instagram profile. Users can find these shops directly from the retailer’s page, or by clicking on an ad that will redirect them to a Shop inside Facebook instead of the retailer’s own website.

Considerably, Mark Zuckerberg says, these shops will be accessible across the Facebook family, including Messenger and WhatsApp, giving retailers a way to reach Facebook’s nearly 3 billion users with one product catalog.

“This is really the first very major push that is going to be making into that next step around commerce,” Mark Zuckerberg said in an interview Monday. He also mentioned the importance of shops for small businesses, almost all of which are operating exclusively online during the Covid-19 pandemic. The “vast majority” of Facebook advertisers are small businesses, Mark Zuckerberg said, so ensuring they can operate is important to Facebook’s business as well.

“All these tools are open for business even when your physical storefront is significant,” he said on a livestream Tuesday announcing the new feature. Facebook stock rose more than 3% after the news, adding to gains from earlier in the day.

The real significance of Tuesday’s announcement, though, may be Zuckerberg’s personal involvement in the effort. Facebook has built shopping features into its service before without much traction. Prior efforts around buy buttons in users’ feeds and selling virtual gifts never took off. Facebook has even offered product catalogs for years, including a “Facebook Page Shop” that lets brands list products within a “digital store front” – much of the same functionality that Zuckerberg announced Tuesday but under a different banner.

Zuckerberg has been heavily involved in shops, spending significant time and attention on the product – usually a sign that a feature is here for the long haul. Zuckerberg said having been meeting with the suspected small-business commerce team every day during the pandemic. Shops is also under the direction of another high-ranking Facebook official, Javier Olivan, who is running the participating efforts to integrate all of its products and has lead Facebook’s growth organization for years.

Going unknown is whether this added attention will lead to a different outcome than Facebook’s prior shopping efforts. Facebook has been good at helping people find new products through ads, but has never succeeded at becoming a place people go specifically to shop, Zuckerberg concedes. Further also learned lessons from previous commerce attempts, including the importance of making it as easy as possible for retailers to sign up. When Instagram first launched shopping in 2016, for example, Zuckerberg said Facebook made it difficult for businesses to sign up by forcing them to use all of Instagram’s software systems instead of enabling them to upload existing catalogs from other services.

With Shops, which are free to create, retailers can import existing product catalogs from Shopify Inc. or BigCommerce Inc. to expedite the process and eliminate barriers. “We think this will get the flywheel going a little bit more,” Zuckerberg said.

Facebook’s push into commerce could help boost its advertising business. If retailers believe they can close a sale directly on Facebook or Instagram, they may be more likely to promote products on those apps. But commerce could also offer an alternative revenue stream to advertising. When users buy a product directly through Instagram, for example, the company takes a small cut of those sales. Instagram only works with a few hundred retailers right now for direct checkout. Shops could eventually increase that number by hundreds of thousands, or even millions.

A foray into a new business line is likely to draw attention from regulators, too. The social network is already criticized for its size – it has 3 billion global users across all of its products – and is under antitrust scrutiny from multiple agencies, including the Federal Trade Commission, the U.S. Department of Justice and 47 state attorneys general.

“Any new thing that we do is going to have scrutiny,” Zuckerberg said. “That’s certainly something we think about in everything we do.” But at the same time, I think you can let the fact that there will be scrutiny and questions prevent you from doing things that you think are going to be good. ”

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Samsung Galaxy Note 10 Lite Smartphone Features

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Samsung Galaxy Note 10 Lite Smartphone Features

Samsung Galaxy Note 10 Lite Smartphone FeaturesSamsung Galaxy Note 10 Lite Price, Samsung mobile price: If you are thinking of buying a new smartphone from Samsung, the handset manufacturer, then for the information of the people, let us know that the price of Samsung Galaxy Note 10 Lite has been cut by Rs 4000.

What is the new price of Samsung Phone, let us give you information about this, as well as the specification of the phone. Explain that customers will also get cashback with the phone, but how come let’s tell.

Samsung Galaxy Note 10 Lite Price in India

The 6 GB RAM variant of Samsung Galaxy Note 10 Lite can now be purchased for Rs 37,999 instead of Rs 41,999, while the 8 GB RAM model of this phone can be purchased for Rs 39,999 instead of Rs 43,999.

This means the prices of both models have been reduced by Rs 4000. According to the listing on Samsung.com, Citibank will also get a cashback of Rs 5000 if you pay by credit and debit card.

If you get a cashback of Rs 5000, then the 6 GB RAM variant of this phone will cost you Rs 32,999, while its 8 GB RAM variant will cost you Rs 34,999. If you do not have a Citi Bank card, you can still get an instant discount of 2000 rupees but for this you will have to use the code N2KOFF.

Samsung Galaxy Note 10 Lite specifications

The Samsung Galaxy Note 10 Lite has a 6.7-inch full-HD + (2400 × 1080 pixels) display. Aspect ratio is 20: 9 and pixel density is 394 pixels per inch.

For speed and multitasking, there is a 2.7 GHz Exynos 9810 octa-core processor with 6 GB RAM and 8 GB two RAM options. There is 128 GB storage for saving photos, videos and other things, storage with the help of microSD card 1 It is possible to increase to TB.

Talking about the battery capacity, a 4,500 mAh battery has been given to bring life, which comes with fast charging support. In-display fingerprint sensor has been provided for security.

Apart from this, it comes with built-in S Pen support. The length of the phone is 76.1 x 163.7 x 8.7 millimeters and weighing 199 grams.

Galaxy Note 10 Lite Camera

There will be three rear cameras on the back panel of the phone, a 12-megapixel primary camera sensor with dual pixel autofocus, along with a 12-megapixel telephoto lens and a 12-megapixel ultraviolet angle lens. There is also a 32 megapixel front camera sensor for selfie and video calling, its aperture is F / 2.2.

Samsung Galaxy Note 10 detailed specifications

Build OS Android 9.0 (Pie)
UI One UI
Dimensions 151 x 72 x 7.9 mm
Weight 168 g
SIM Hybrid Dual SIM, Dual Standby, (Nano-SIM)
Colors Aura Glow, Aura White, Aura Black
Frequency 2G Band SIM1: GSM 850 / 900 / 1800 / 1900
SIM2: GSM 850 / 900 / 1800 / 1900
3G Band HSDPA 850 / 900 / 1700(AWS) / 1900 / 2100
4G Band LTE band 1(2100), 2(1900), 3(1800), 4(1700/2100), 5(850), 7(2600), 8(900), 12(700), 13(700), 17(700), 18(800), 19(800), 20(800), 25(1900), 26(850), 28(700), 32(1500), 38(2600), 39(1900), 40(2300), 41(2500), 66(1700/2100)
Processor CPU Octa-core (2 x 2.73 GHz Mongoose M4 + 2 x 2.4 GHz Cortex-A75 + 4 x 1.9 GHz Cortex-A55)
Chipset Exynos 9825 (7 nm)
GPU Mali-G76 MP12
Display Technology Dynamic AMOLED Capacitive Touchscreen, 16M Colors, Multitouch
Size 6.3 Inches
Resolution 1080 x 2280 Pixels (~400 PPI)
Protection Corning Gorilla Glass
Extra Features HDR10 compliant, Always-on display
Memory Built-in 256GB Built-in, 8GB RAM
Card No
Camera Main Triple Camera: 12 MP, f/1.5-1.8-2.4, 27mm (wide), 1/2.55″, Dual Pixel PDAF, OIS 12 MP, f/2.1, 52mm (telephoto), 1/3.6″, AF, OIS, 2x optical zoom + 16 MP, f/2.2, 12mm (ultrawide), LED Flash
Features Geo-tagging, touch focus, face/smile detection, Auto HDR, panorama, Video (2160p@60fps, 1080p@240fps, 720p@960fps, HDR, dual-video rec)
Front 10 MP, f/2.2, 26mm (wide), Dual Pixel PDAF, Dual video call, Auto-HDR, Video (2160p@30fps)
Connectivity WLAN Wi-Fi 802.11 a/b/g/n/ac/ax, dual-band, Wi-Fi Direct, hotspot
Bluetooth v5.0 with A2DP, LE, apt-X
GPS Yes + A-GPS support & Glonass, BDS, GALILEO
USB 3.1, Type-C 1.0 reversible connector
NFC Yes
Data GPRS, Edge, 3G (HSPA 42.2/5.76 Mbps), 4G (LTE-A (7CA) Cat20 2048/150 Mbps)
Features Sensors Accelerometer, Barometer, Compass, Fingerprint (under display), Gyro, HeartRate, Iris Scanner, SpO2
Audio 3.5mm Audio Jack, 32-bit/384kHz audio, MP4/DivX/XviD/WMV/H.265 player, MP3/WAV/WMA/eAAC+/FLAC player, Speaker Phone
Browser HTML5
Messaging SMS(threaded view), MMS, Email, Push Mail, IM
Games Built-in + Downloadable
Torch Yes
Extra Active noise cancellation with dedicated mic, Dolby Atmos/AKG sound, Samsung DeX (desktop experience support), ANT+, Bixby natural language commands and dictation, Samsung Pay (Visa, MasterCard certified), IP68 dust/water proof (up to 1.5m for 30 mins), Stylus (Bluetooth integration, accelerometer, gyro)
Battery Capacity (Li-ion Non removable), 3500 mAh
– Fast battery charging 25W, USB Power Delivery 3.0, Fast Qi/PMA wireless charging 20W (market dependent)

Price

Price in Rs: 169,999    Price in USD: $1267
Ratings Average Rating is 4.4 stars – based on 43 user reviews.

Samsung Galaxy Note 10 Lite Smartphone Features

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