Mutakassif.A

F-Commerce which mainly stands for Facebook Commerce. Facebook is the term in the online business world which focuses on designing and developing content and storefront sites within the most social networking website which is Facebook. Let’s make it very simple, selling goods or services with the help of Facebook is F- commerce. Poseidon according to Greek mythology founded the commerce first. Source: google.  In 1979 Michael Aldrich founded E-Commerce. And finally, the F-Commerce was founded by Mark Zuckerberg. It was first launched on 4 February 2004. Facebook /F-Commerce is the world's most popular social networking site nowadays. As of December 2019, the number of monthly active users is 2.50 Billion. Facebook was first invented with the purpose to cover the world in a single device, to increase the globalization. If we see a few years back making money through Facebook was unimaginable. People couldn’t think to make money or to do business with Facebook. Facebook was one of the most popular sites which creating its popularity within a few months. And if we look now we can find that Facebook earns $110 million per day. It is one of the largest communicating social networking sites.

There is a big part which is played by Facebook for which most of the business is running today. Facebook is helping greatly to the new entrepreneurs of this generation. The new entrepreneurs can simply make a business page of their business. After creating a business page they need to give all the details of their business to that page. After completing all the formalities their business profile is created and in this way, they can promote their business to thousands of people around the world. Doing an advertisement has been easier with the help of Facebook. Giving ad to Facebook as same as the ad on the tv or newspapers or somewhere else. On Facebook, you get almost everything. New businesses, daily news, updates of your friends and families, you get almost everything you want and you need. You can make voice/ video calls. Now 60million business pages which are active now! And through the Facebook ad, 2billion people can reach. But a business that pays to be active advertisers is only 6million. According to the statistics of January 2019, there are 3,37,13,000 Facebook users in Bangladesh, and which is this 19.8% of the entire population. And the funny thing is that the majority of them were men 73.8%. Facebook is very popular and the most exciting thing for today. In every and each family almost at least a single person owns a Facebook account. In the young generation, it is found that from the age of 18 to 24 there exists the largest group of users. New generation young boys and girls earing money with Facebook in various ways. Many are the owners of very popular Facebook meme pages. Making memes is a very popular trend nowadays. Many are showing their very creativeness by making meme’s but sometimes over by fun or by their unknowingness they do some serious crimes too for which they suffer a lot in the future. Doing creative things is a very good thing but they should keep in mind that for fun no crime should not take place. But overall Facebook for Business is doing great. But for doing business on Facebook is easy but a good Facebook business profile is a must. Every business is almost dependent on the F-Commerce. Because of the free and paid great facilities. Facebook made the process of doing business much easier. It also provides many suggestions for the business page or in case of your product selling too! Every month Facebook is making thousands of dollars from the users. It’s not like Facebook alone is making money but also the users or the business people are also making money or growing their business successfully. The success secrets of many businesses are Facebook nowadays.

People are engaging on social media and whenever the social media name comes in our mind the first one knocks up is Facebook. Every brand has their own successful business page. Facebook is helping business to grow. In the ’20s Facebook has been a very powerful tool for almost everything. Facebook is growing its number of new users daily. 6 news profiles are made every second and after the day in total, almost 5,00,000 new users are created. Everyday 1.66 billion people log in to Facebook and it can also be said that they are active users on Facebook.