Facebook’s pivot into online shopping has sputtered over the last several years, but recent signs suggest it’s starting to gain traction.
August 25, 2020

The pandemic-induced economic downturn may have slowed demand for Facebook’s ads, but it also accelerated the platform's long-running ambitions for commerce. In recent weeks, Facebook has posted several senior-level jobs in payments, e-commerce and advertising, per GlobalData. The recruitment drive comes amid the launch of the social media platform's new e-commerce feature that allows businesses to list products for sale across its apps via virtual storefronts -- Facebook Shops. Facebook’s pivot into online shopping has sputtered over the last several years, but recent signs suggest it's starting to gain traction. Read more below.

  • While Facebook remains focused on keeping its ad revenue intact as the crisis unfolds, it is also trying to capitalize on the surge in online shopping that’s currently taking place in the midst of it.
  • For Digiday+ members, as publishers have focused more efforts on deriving direct revenue from readers, Apple is becoming an ever-present bogeyman.
  • In the latest edition of the Confessions series, a media buyer for an independent agency talks about how the pressure to keep performance up is affecting his mental health.
  • GQ is looking to deepen its commerce revenue stream with the launch of its new e-commerce store, The GQ Shop.
  • Podcast's ad dollars may be growing, but Tenderfoot TV founder Donald Albright said, "Even though the numbers are steady, the advertisers are thinking: 'people aren't spending money, so I'm not going to spend money advertising to them."
Other things to know about
Top Stories
Marketing on Facebook
Facebook’s pivot into online shopping has sputtered over the last several years, but recent signs suggest it’s starting to gain traction.
howdy!
DIGIDAY+ MEMBER EXCLUSIVE
With Apple facing lawsuits and regulatory scrutiny over its App Store terms, publishers’ growing gripes with the tech company may start to fall on more empathetic ears.
Sponsored by Vevo
With multicultural advertising’s undeniable importance to brand marketers, new research is now exploring approaches to video viewing among a range of consumers across different cultures in the United States. Receptivity and co-viewing are soaring, especially when it comes to music and sports.
Advertisement
howdy!
The Confessions
In the latest edition of our Confessions series we hear from a media buyer for an independent agency about how the pressure to keep performance up is affecting his mental health.
Sponsored by Facebook for Business
Even in a year of change, 64 percent of global seasonal shoppers say they will explore new products during the festive period, more so than the rest of the year, according to a new holiday guide from Facebook IQ. Download the guide now for all the 2020 insights.
howdy!
Content & Commerce
GQ is looking to deepen its commerce revenue stream with the launch of its new e-commerce store, The GQ Shop.
Advertisement
Sponsored by CafeMedia
Sequential liability — the policy that companies paying publishers for ad inventory can delay funds until they get paid first — has been expanded to apply to DSPs and SSPs. Publishers are at heightened risk of nonpayment as a result.
howdy!
Podcast advertisers are thinking “people aren’t spending money, so I’m not going to spend money advertising to them.”
howdy!
Marketing on Platforms
If Microsoft succeeds in buying TikTok, its involvement in the platform’s ad business should be limited to developing its back-end reporting, say agency executives.
Podcast advertisers are thinking "people aren't spending money, so I'm not going to spend money advertising to them."
You received this email because you’re a member of the Digiday community. If someone forwarded this to you, subscribe for yourself here .
I don't want to hear from Digiday anymore. Stop receiving all Digiday emails.
Digiday Media, One Liberty Plaza, 9th Floor, New York, NY 10006