Datatech Mining

Eid Mubarak from all of us. May this festive season bring you happiness, success, and memorable moments that will be cherished for years to come.

E-commerce is a part of electronic commerce. Using Facebook as a means of social communication, buying and selling products or services, and promoting them is known as F-commerce. F-commerce is an extremely easy and popular medium for online buying, selling, and promotion of products or services. It has gained popularity among new entrepreneurs due to its simplicity. It provides immense opportunities and possibilities, not only for people of any age but also for women, to start this business without any kind of expense.

Currently, we are all connected through social media or social networking platforms. We have been so influenced by social media that whenever we receive any news, we immediately share it on social media. A report has shown that we spend 144 minutes or 2 hours and 24 minutes every day on social media.

In Bangladesh, Facebook is more widely accepted compared to other social media platforms. Among various social media platforms, Facebook is the most popular and has created a new business platform called F-commerce. In simple terms, F-commerce refers to online businesses that are built using the Facebook platform.

The reasons behind the popularity of F-commerce in Bangladesh are as follows:
1) 36.7% of the world's population uses Facebook monthly. Yep, 2.93 billion users equal 36.7% of Earth's 8 billion people, which means a large population is using a platform that has made F-commerce popular.

2) Using Facebook as a social media platform is quite easy.

3) Facebook is an ideal medium for promoting new products without significant expenses.

4) For small entrepreneurs with limited capital, Facebook is an excellent platform.

5) Facebook's advertising has increased significantly as internet services have improved in a short period of time.

6) Facebook or F-commerce is the primary medium for promoting most female entrepreneurs in the country.

7) Through Facebook, you can create an ideal customer base. You can receive the right service from them, purchase their products, and assist in promoting their products.

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