That’s a lot of words to say “the majority of Facebook users are using Facebook”.
That you just ignore the country with the largest population because Facebook doesn’t operate there is a big tell.
Also, why would you assume the kind of products people might sell and thus their pricing? I’ve seen (and bought!) stuff online for ~ 11THB. 35 US cents.
You can say a lot of people use Facebook and that’s fine. But if you’re going to say “the majority of people” you really need to define which people you’re talking about.
Re:Introducing Facebook Shops
by scarface74 on Tuesday May 19, 2020 @05:22PM
(#23240396)
No business cares about trying to reach people who don't have money to spend on their products. It's kind of common sense that FB isn't trying to reach 5 years old. Also, it's kind of common sense that Facebook doesn't have many people in China where it's banned. Out of the FAANGM's, the only one that competes with Facebook is Google and they aren't in China either.
But to be even more blunt. FB no more cares about people spending 35 cents online than Apple cares about people who only want to/can buy a phone that cost $100.
First subtract China where it isn't available and you're down to a possible market of 6.35 Billion. But then start subtracting the number of children in the world, the number too poor to spend any money on anything FB would be selling or advertising and random other places where it might be blocked.