F-Commerce launched with hyper-ambition is losing its sheen. Buoyed by Facebook’s successful track record in the promotion of products and services, it has attracted leading businesses to gamble with F-Commerce in the form of Facebook stores. However, due to negative results there is growing dismay on these stores and the establishments are winding off at a much quicker pace than the pace taken to demonstrate their identity on Facebook stores.
Before condemning the strategy behind the F-Commerce for its perceived failure, it should be remembered that evolving technologies take time to take shape and to consolidate their stand. As a matter of fact, no system is foolproof. While developers and innovative entrepreneurs come with ‘out of the box’ ideas and approach to grab the world of endless opportunities and possibilities, there will be a definitive phase where correction takes place. Consolidation happens once the correction phase ends. The waves of corrections and consolidations will overlap and offer concrete platforms where foolproof systems can be developed and implemented with very high levels of success. As F-Commerce is in the initial phase, it will take time to show its colors and relevance in offering new ways of solutions for businesses to further promote their products and services.