Facebook and Walmart partnership….Hmmm

Ever since Facebook went public, a lot of class discussions have been focused on how they they can be more profitable.  Here’s a thought, why not partner with one of the largest retailers in the world, Walmart.

Mark Zuckerberg posted a picture on Facebook on Friday which shows Zuckerberg and Facebook COO Sheryl Sandberg meeting with Walmart executives in what looks like a board room. 

 Facebook said in a statement to The Orlando Sentinal, “Wal-Mart is an important partner for Facebook and we look forward to working together to deepen that relationship.  In addition, we admire the company Wal-Mart has built over the past 50 years and believe we can learn from their experience and management team about building a strong, durable and valuable company for the long term.”

It’s not clear what this could mean for Facebook and Walmart.  Thoughts on what this partnership could transpire? Is Walmart expanding its e-commerce business through Facebook?  Does this have anything to do with the new “Want” button on Facebook?  Do you think this partnership is a “good look” for Facebook?

http://mashable.com/2012/07/20/mark-zuckerberg-facebook/

 
 
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3 thoughts on “Facebook and Walmart partnership….Hmmm

  1. Ah, the “Want” button. I bet that has something to do with it. The button could lead to Walmart links where we can actually buy what it is we “want”. Either way, in my opinion the coolness factor that Facebook once had has been dwindling, and a partnership in any capacity with Walmart would not be a “good look” for the social media giant, and would only hurt its image even further. It may very well be able to make way more money for its shareholders though!

  2. Walmart’s facebook page currently has 17 million likes! That’s a huge number & what company wouldn’t like to turn those likes into dollars. It is most likely that Facebook will be using this new “want” button to partner with retailers and increase revenue for the company. Although Walmart is a giant amongst retailers, it’s way behind when it comes to online retailing. In essence, I think Walmart & Facebook really want 1 + 1 to equal 2 or said another way, the largest social media site + the largest retailer hope to = big $$$$$!

  3. I can absolutely see FB adding an e-commerce element to their site in an effort to generate more revenue. We have been speculating on how their are going to be profitable now that they are a public company–could this be the answer? I could see FB starting with a Wal-Mart partnership, but they look to compete with an Amazon-type site since FB has such a the unparalleled social network.

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