FONU2 App Changes Social Media and Commerce. Social Commerce
How the FONU2 App Changes Social Media
Social commerce apps are potentially profitable revenue sources, but they face a marketplace with constantly changing consumer preferences. The marketplace itself is challenging, because there are so many competing applications. FONU2's social commerce app becomes a standard for Facebook users, since it will be the standard tool for Facebook phones. It could also become the social commerce tool for millions of users.
Benefits for Facebook
It is difficult to imagine Facebook not receiving a cut of all sales through the FONU2 social commerce app. This would be a brand new revenue source. Facebook can also use the FONU2 social commerce app to promote its main income source: advertising. Facebook could sell more mobile ads or charge higher rates if it can show that the FONU2 app is leading to far more sales, since customers can buy what they see through the new app immediately.
Benefits for FONU2
FONU2's biggest benefit is the market presence that comes from partnering from Facebook. FONU2 will become the default social commerce app for millions of Facebook phone customers and many online users. Simply by teaming up with Facebook, it gains access to one of the largest online communities and an organization that will promote it to those users. All FONU2 has to do is deliver a good product and tweak it according to Facebook's requests. OTCBB:FONU FONU Share Price
FONU2 gains immediate market share and income from teaming up with Facebook. Facebook benefits from the merger with potentially more users, greater advertising income and future income streams. Consumers could benefit long term from a standardized social commerce application. With this merger, FON2U could become the industry standard for this type of application.