Practical eCommerce

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Is Your Business Paying Proper Attention to Facebook?

 
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A lot of companies don't even have Facebook fan pages. They consider it a passing fancy the same way Friendster and MySpace were and instead, opt to spend their time and money building Google PPC campaigns.

Think about it this way: if Facebook were a country, it would be just smaller in population to the United States. It is the fourth biggest website on the web. It grows a Twitter every few months. Facebook isn't just some little website Mark Zuckerberg built in his Harvard dorm room--it's the only website with the potential to out-Google Google.

Enter FriendFeed

Ridiculous, you think? This past month, Facebook purchased the obscure but very sophisticated social network FriendFeed, which was created by a bunch of ex-Google engineers. FriendFeed aggregates other social networks into one stream. For example, instead of subscribing to Practical eCommerce's RSS, Twitter, Flickr and YouTube channels, you could subscribe to its FriendFeed and get updates in your stream whenever it creates an update in any of these networks. It allows you to follow people instead of networks.

Here's the kicker--depending on your permission settings, this content is searchable. For example, if you wanted to search any time someone mentions the term "ecommerce" in FriendFeed, you can go into FriendFeed's advanced settings and look for it. You are searching any time anyone mentions "ecommerce" in any social network all over the web, as long as they have a FriendFeed account. Now imagine being able to potentially do this for Facebooks 250 million users. This is what social media pundits call "the real time web", and it will happen to your business whether you like it or not.

There's no telling if Facebook will duplicate FriendFeed's functionality into their own platform. They have stayed very quiet about their plans, but it has not gone unnoticed that they've acquired some of the best search engineers in the world.

The real time web could hit your business like a ton of bricks with Facebook being the likely candidate to lead the charge. Is your business ready for it?

This post is filed under The Social Retailer and has the following keyword tags: Facebook, social media.

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