F-commerce means starting an online e-commerce business on the Facebook platform without any kind of vast experience. It is an integrated and comprehensive online business platform. Nowadays, everyone spends most of their time on social media. Particularly, Facebook is the most popular social media platform in the world. According to research, several people spend a lot of time on Facebook, so if a business can expand by focusing on the Facebook platform, then the prospect of success is greater. As a result, the journey of F-commerce started in Bangladesh in 2009 but the growth rate improved too fast and gave us a positive result. Although entrepreneurs fill multiple requirements, they think that different types of requirements are required to run an online business successfully. To maintain all of these needs, much F-commerce agency in Bangladesh have been established. These companies offer a wide range of services for the successful management of an f-commerce business. All of these services provide effective support for running a business.
What Is F-commerce?
F-Commerce is an acronym for Facebook Commerce. That means Facebook commerce refers to online commerce which is facilitated by the Facebook social media platform. Facebook is a big venture with millions of users and uninterrupted media exposure. It undoubtedly refers to the sale of various types of content through online business and social networking sites like Facebook. On the other hand, Facebook is offering a free platform for starting an Online e-commerce business throughout the F-commerce marketplace with a payment gateway, an easy purchase system, and invoice features with high security. It works as your online E-store.
F-commerce serves as a reflection of hope for all types of organizations and entrepreneurs, large and small. Since it is relatively easy to continue the buying and selling process on Facebook. And also to save time,cost-effectively, everyone proceeds with this advantage very smoothly. It can be said that F-commerce is currently transforming into one of the largest platforms for starting an online business. As a result of these circumstances, a huge F-commerce agency in Bangladesh will flourish continually. Which is really as expected!
F-commerce Growing Expectations For Entrepreneur
F-commerce is currently becoming one of the most progressive subjects. In particular, you don’t need any pre-space or any rent cost to do business on Facebook, which means that it is possible to buy and sell products easily through virtual stores. So now countless Facebook users continue to use Facebook to sell their stuff. According to statistics, it is expected that it will soon reach a few billion dollars market size in a year.
Between 2019 and 2021, Facebook’s F-commerce platform is used by a large number of users and it has been growing 10-15% each year. Since June 2021 when Facebook announced its last update, the Facebook team has been working to improve the F-commerce industry’s experience on the Facebook platform. They will include shops to WhatsApp and marketplace, Instagram with visual search, and shop ads to Instagram.
As per the context of Bangladesh, every startup is gradually realizing this expanding opportunity and this will become a new horizon in the future. Many F-commerce agency in Bangladesh will introduce themselves as a new hope. So, every kind of entrepreneur has taken this trump card with great enthusiasm and is moving forward to grab a better position. By looking at a few factors, you can understand these things more clearly.
- Lots Of Active Users
There are 22 million Facebook users in Dhaka alone. This calculation reveals the positive number of active Facebook users across Bangladesh. Overall this is a great expectation.
- Numerous Shops
More than 300,000 stores are opening on Facebook. Also every day new entrepreneurs are getting inspired towards Facebook Commerce and creating everything.
- Wide Range Market Size
The F-commerce market size in Bangladesh is approximately 312 crore. And this amount is gradually increasing. This amount will increase exponentially and grab the expected level.
- Optimal Profit Margin
On average, page owners can earn between 10,000-100,000 BDT per month. With patience and the proper approach, profits can be maximized by marketing the F-commerce platform. However, in this case, maintaining some sort of strategy is critical. F-commerce agencies provide these strategies and other services professionally.
All these objects are inspiring as well as it is undoubtedly expected that Bangladesh will one day become a reflection of a smooth F-Commerce business.
Opportunity Of F-commerce
There are several advantages to running an F-commerce business that you can’t easily find on other platforms. With a Facebook business page, you can grab many of the desired features and benefits. Let’s take a look at the major features:
- Build Brand Awareness & Trust
Facebook is currently the most popular social networking platform. So you can easily create strong brand value using this platform which will help in the promotion and expansion of your business. You will be able to disclose your business presence to potential customers through the platform in a very short time. Which will be helpful for your online business.
- Increase Website Traffic
A further important feature of Facebook commerce is that you can easily drive customers to your website. After uploading various types of information on the Facebook business page, you can link to your website on the page, add facebook pixel, use it as a live chat by Facebook messenger. Customers easily drive to your website that will increase your sales a lot. As well as with a well-engaging Facebook business page, you will get the expected growth by marketing well.
You may be aware of the topic of Facebook ads. It serves as an extremely excellent marketing tool. You can easily run ads by determining the location, age, gender, etc through Facebook ad manager as per the need and demand. As a result, the page can reach more targeted customers who will support you in increasing your business growth and expanding your services too smoothly. However, in this, it is best to accept services with an F-commerce agency in Bangladesh. By doing so, you’ll be able to receive a vast amount of benefits without experiencing any problems.
- Generate Potential Customer Leads
Collecting targeted customer leads is an important part of online marketing. By collecting leads you can target your customers as well as convert visitors into customers.
- Customer Service And Feedback
The Facebook marketplace or F-commerce platform comes up with entrepreneurs with the opportunity to have two-way communication. If you want, you can easily know the feedback/reviews of the customers and share your valuable opinion with them. This can be a better and effective way to grow your business faster.
Remember that feedback coming from customers is crucial for a business to run smoothly so if you can do it right then hopefully you can promote your business through Facebook as per needs.
- Monitor And Improve
The latest and biggest advantage of F-commerce is you can run a variety of monitoring processes comfortably. You can view and manage these amazing features from the Insight option of the Facebook Business Page. All this data will come in handy in making important decisions to run a successful business.
What Are The Reasons Behind The Rise Of F-Commerce In Bangladesh?
Bangladesh’s F-commerce was quite trendy till a certain time. But dramatically business owners/entrepreneurs have realized the fancy power of marketing through the use of social media platforms like Facebook. So F-commerce is currently gaining more and more popularity in Bangladesh because the various benefits can be enjoyed comfortably through the Facebook business marketplace. Which has already been discussed earlier. However, by learning some other objects, you can easily understand why F-Commerce Bangladesh is being unveiled or rising day by day.
- Cost-effective marketing cost
- Averages 1.23 billion monthly active users
- Easy to use/User-friendly
- Easy Facebook ads system
- Dedicated support system (Facebook)
- No need for money to start a business. etc.
From the above points, we hope you have clearly understood that there are so many users on Facebook. The number of Facebook users in Bangladesh is gradually rising. Besides, you don’t have to spend a lot of money to market on Facebook and the marketing process is very simple so you can easily generate a good amount by targeting customers. There is also a facility to contact Facebook’s support team directly or indirectly in case of any technical errors or problems while conducting business. Considering all these aspects, at present Bangladeshi entrepreneurs are giving more priority to f-commerce and are showing interest warmly!
What Is An F-commerce Business?
Simply put, the F-commerce business involves using Facebook to continue doing various marketing tasks. Such as Facebook business pages, groups, etc. As part of the Facebook social network, F-commerce business allows consumers to transact with retailers. Consumers can complete transactions within Facebook with the help of Facebook APIs that let retailers present products, information, and offers to them. Overall F-commerce business is traditionally done quite smoothly. In this case, not only the business owner but also the buyers can benefit. Because of the contribution of F-commerce, various features have been developed so that the buyers do not have to come directly to the shop. Using the Facebook page group, anyone can order the desired product at any time and from anywhere.
Alternatively, the sellers have been able to get rid of different problems. Because F-commerce does not need any kind of storage space to continue the business! Since the F-commerce business is run based on virtual shops, the hassle is not only considered in this aspect but F-commerce is an affordable platform where entrepreneurs can easily run their own business.
Perspective On Bangladesh
Bangladesh has also noticed a great expansion of the F-commerce business. Many entrepreneurs are attracted to it, especially young entrepreneurs who have started thinking of the F-commerce business as their dream. Additionally, women can pursue their dreams as well as achieve financial independence. Consequently, the F-commerce business in Bangladesh will emerge as one of the most lucrative and innovative business channels in the future! In fact, The govt of Bangladesh has been trying to upgrade this sector with world-class standard qualities and features.
To improve the F-commerce industry the E-commerce Association of Bangladesh ( e-Cab) established an official alliance which is called (F-commerce alliance by e-cab). Additionally, much F-commerce agency in Bangladesh is emerging to expand this great platform. The ICT minister of Bangladesh said that “We will work more on e-commerce and f-commerce industry to solve all of the issues and we will give a lot of features to increase the rate of Bangladeshi Entrepreneurs” so, there is a lot of opportunities to start a social media-based startup or f-commerce business to contribute or commerce industry and decreased the unemployment problems of Bangladesh.
What Are The Different Types Of F-commerce Models?
There are different types of F-commerce models. If you can maintain structure smartly then you can easily bring success to the F-commerce business. These kinds of steps are very smooth but if you don’t take the objects seriously then you won’t see the expected results of business growth. So let’s find out!
The first thing that depends on the first part of the F-commerce model is that you need to have a Facebook business page. And it has to be professional as well as customer friendly. So that customers are motivated to buy your product after visiting your Facebook business page. In this case, you can receive services from the F-commerce agencies to standardize the Facebook business page. That will make it easy to build a brand.
Afterward, you have to get the Facebook shop ready. It’s a mandatory part as well as quite effective. So in this case, you need to decorate the Facebook shop by following all kinds of rules and regulations from Facebook.
In the third stage, you should create a business group or community to stay connected with the audience. And make sure they can present their opinions freely. That’s Why customers will be able to express their feedback and highlight different types of needs. As well as different types of issues. On the other hand, you can do marketing in your community but in this case, you must try to keep the group active. The most effective way to keep a group activity is to post a variety of informative posts, add resources, give feedback, and so on. A Digital Marketing expert said that “ Content is king, SEO ( search engine optimization) is the kingdom”!
Additionally, you need to keep up the good place by following a variety of strategies. or models, including paid ads run. And you can get services from a dedicated and expert F-commerce agency to do each stage of this model effectively. For this one, your startup or business will be much easier. As well as increase the chances of your business and sales growth.
How To Work F-commerce Agency
F-commerce agency in Bangladesh is largely disclosed based on the needs of the F-commerce business. Agencies often provide Full-stack marketing support for a variety of F-commerce / e-commerce businesses. By acknowledging this kind of service, an entrepreneur can run their business in an organized way with an expert Team. Below are some effective services of F-commerce agencies:
- Facebook Business Page Management
- Social media Content Design
- Social media Content Writing
- Paid Campaigns/ads
- Bulk Sms/brand SMS
- Market Analysis, Audience research
- Page monitor, analysis
- Content Marketing Strategy making
- Business Consultation, etc.
All of these services are essential for the successful running of the F-commerce business, but not everything can be done individually. Therefore, all these agencies ensure that the business owners are relieved of their worries by providing the above services. By taking these services, the business owners will get the best support and can achieve the desired goals quickly.
Why Hire F-commerce Agency
As an entrepreneur or corporate company, you need to manage the social media platform to reach the targeted customer and start the brand activities. There are a lot of F-commerce agency in Bangladesh or Ecommerce agencies that offer a full-stack F-commerce solution to grow your business too smoothly. If you want to start your brand activities and need more targeted customers to promote your services or products then you should hire an expert team who are experienced in F-commerce and e-commerce and also provide guidelines to maintain the organization’s profiles and activities.
In 2021, every kind of business profile should be active and make sure the brand communicates with your customer. According to Business consultant and Digital Marketing experts, “ Every business must maintain business profiles regularly that will help to create your brand value and also assist to improve visibility on Google, Bing or any kind of Digital platforms’ ‘ there are several benefits to hiring of-commerce agencies like ZovoGeeks.
Best F-commerce Agency In Bangladesh
F-commerce agency in Bangladesh play an important role in accelerating the F-commerce business, but we need to keep in mind that we can only achieve expected results when you work with the best and expert agency. Among the best and most experienced F-commerce business marketing companies in Bangladesh, ZovoGeeks is one of the best leading e-commerce and F-commerce agency in Bangladesh . which is Digital Marketing Certified Associates from facebook inc. Now you must be wondering why ZovoGeeks is the best? Let’s explain the story of ZovoGeeks. Here are some of the features and expertise.
Experts Team
ZovoGeeks has a specialist team with 5 Years’ of experience to offer the best F-commerce services, each of whom is highly experienced. Friendly as well. For a long time, our team has been providing a wide range of services to startup and corporate companies from small to large. So by taking support from the ZovoGeeks team, you may successfully expand your F-commerce business without any kind of hassle.
A to Z Solution
ZovoGeeks offer all types of F-commerce-related services together to enhance the potential of F-commerce business. So you don’t have to worry about anything. Besides starting small, medium, and large F-commerce-based startups in Bangladesh, we aim to expand the scope of F-commerce in Bangladesh. With the top F-commerce agency in Bangladesh, Zovogeeks can fulfill your dreams, too.
Free Business Consultation Support
Entrepreneurs usually face a lot of issues or challenges at the starting point. so our expert team members want to help them to move forward the business to the next level. reality by providing free business consultation. At any time any kind of entrepreneur can learn a to z suggestions from our business consultation expert without any kind of cost. The business consultations are active on our official website, Facebook page, email, and brand SMS.
Free Facebook Page Audit Reports
Entrepreneurs who are just starting out on the basic way to entrepreneurship may not understand exactly whether their page is customer-friendly and optimized! Considering all this, ZovoGeeks provides a free audit report on the Facebook page without any kind of cost as 24/7/365 days. The expert team always provides PDF reports by email, Facebook messenger, and brand analysis reports with an effective solution.
Super Fast Services
ZovoGeeks has expert specialists in each field like Graphic Section, Content Writing, Search engine optimization, F-Commerce service, etc. we “ZovoGeeks” assured of quick and reliable services on 24/7 days. In addition, you will get limitless revisions or changes that need to be made within the deadline time. Overall, you can reach your target destination while moving forward at super-fast services and solutions by taking effective packages from the leading F-commerce agency in Bangladesh, ZovoGeeks.
Budget-Friendly Package
ZovoGeeks has included affordable and budget-friendly packages to fit the specifications of small startups and entrepreneurs. So any type of entrepreneur from startup to corporate can easily pick better services with ZovoGeeks. Also, ZovoGeeks offers custom offer facilities, which is totally up to your requirement. Therefore, with ZovoGeeks you will be able to maximize the dream of your startup and move forward on the path of achieving desired growth.
24/7 Dedicated Support
There are a lot of companies that provide F-commerce Services, but not all of them provide dedicated support. However, ZovoGeeks always provide 24/7/365 dedicated customer support so that You can share any kind of issues or questions with our Experts team.
To get a touch of success as a Bangladeshi entrepreneur, take advantage of the services provided by ZovoGeeks. Always stay patient and boost up your confidence, ZovoGeeks is always by your side to act as a faithful partner in fulfilling your strongest dream! Don’t forget that in the hands of entrepreneurs like you, the F-commerce business industry will grow extraordinarily!
Key Takeaway
In conclusion, F-commerce Business in Bangladesh is increasing day by day and the Authority of commerce tries to maintain the rules and regulations of Industry. The f-commerce industry not only today but also in the future will be taking big parts in Digital Bangladesh’s mission. This mission will be implemented very fast if future entrepreneurs gain the confidence to transform their dream into existence. To contribute in this smart Industry, the F-commerce agency in Bangladesh provides countless support, efforts on every kind of business. Also as one of the most reputable agencies in the F-commerce industry, ZovoGeeks ensures to provide the best services perpetually!
