Is Anyone Clicking the ‘Gift a Gift’ Button on Facebook?
Posted in: UncategorizedSince launching last fall, Facebook “Gifts” has been thrust into users’ consciousness by suggestions from the social network that they buy a gift for a friend who just started a new job or announced a pregnancy. But is anyone buying?
Born out of the company’s acquisition of the social-gifting startup Karma a year ago, Gifts lets users buy each other physical and digital goods, including Starbucks gift cards, Uber rides, bottles of wine and a subscription to the “jerky of the month” club, but it wasn’t mentioned during last week’s earnings call, suggesting it isn’t contributing much to the company’s top line.
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