Facebook commerce provider Ecwid reported continued momentum for small and midsized retailers using its storefronts on the social network, saying that orders rose 37 percent in the first quarter versus the year-earlier period, while sales jumped 26 percent during the same period.
Facebook commerce provider Ecwid reported robust growth in sales at its stores on the social network during the fourth quarter, with sales for the period up 267 percent compared with the fourth quarter of 2011 and up 65 percent versus the third quarter of 2012.
Social commerce platform Payvment is shuttering its Facebook storefront business, but its clients will not be left in the cold, as the company reached an agreement with Facebook storefront provider Ecwid to allow Payvment users to transfer their stores to the Ecwid platform.
Facebook commerce provider Ecwid said Monday that Facebook-driven purchases from its small and midsized retail clients during the 2012 holiday shopping season more than doubled when compared with the period prior to the holidays.
Facebook commerce provider Ecwid has a client base made up of mostly small and midsized businesses, so it came as no surprise that Ecwid touted the Black Friday and Cyber Monday Facebook success of those types of businesses.
Facebook commerce provider Ecwid reported that its customers with stores on both Facebook and external websites credited the social network with 22.1 percent of their total revenue in the second quarter, up from 17.7 percent in the first quarter and 15 percent for the full year of 2011.
Are Facebook storefronts in danger of going the way of the cassette tape and the Beta VCR? Not so fast, according to Facebook commerce provider Ecwid.