Adieu Facebook Gifts

Facebook Gifts shop shutting down : 

Facebook Gifts shop shutting down

Slide 2: 

Facebook is a social networking website Facebook launched Gifts on February 8, 2007, which allows users to send virtual gifts to their friends that appear on the recipient's profile.

Giving gifts on Facebook! : 

Giving gifts on Facebook! Giving gifts on Facebook is very easy it cost $1.00 (10 credits) each to purchase, and even a personalized message can be attached to each gift.

Slide 4: 

Gifts can be given privately or publicly. When you give a public gift, it goes in the recipient's Gift Box and the message goes on the recipient's Wall. When you give a private gift, it only goes into the recipient's Gift Box

Slide 5: 

But now Facebook is winding down its “Gift Shop” feature.

Slide 6: 

Facebook Gifts will stop operating on August 1, although gifts you’ve received previously will remain on your wall.

Slide 7: 

People can still use the third-party applications on Facebook for giving and receiving gifts, such as Birthday Cards, Hallmark Social Calendar, Pieces of Flair and some e-cards.

Slide 8: 

The one question everyone is asking, however, is why would Facebook close down a venture that sells imaginary, low-to-no-overhead items for real-world money?

Slide 9: 

Jared Morgenstern, Facebook's product manager for games and credits said in the Facebook blog.

Slide 10: 

“Closing the Gift Shop may disappoint many of the people who have given millions of gifts, but we made the decision after careful thought about where we need to focus our product development efforts. We’ll be able to focus more on improving and enhancing products and features that people use every day, such as Photos, News Feed, Inbox, games, comments, the ‘Like’ button and the Wall.”

Slide 11: 

Facebook will focus more on improving and enhancing products and features that people use every day, such as Photos, News Feed, Inbox, games, comments, the "Like" button and the Wall.

Facebook : Closing the Gift Shop : 

Facebook : Closing the Gift Shop

Replacing Facebook gifts : 

Replacing Facebook gifts Out of the Gift Shop's "gift credits" came the virtual currency, Facebook Credits, that now makes it easier for people to buy premium items across the many games and applications on Facebook.

Slide 14: 

The closing down of the facebook gifts looks like a concerted effort to overhaul the image of facebook credits.

Slide 15: 

References – www.facebook.com http://blog.facebook.com/blog.php?post=405727117130 http://www.readwriteweb.com/archives/closing_the_gift_shop_facebook_redefines_credits.php http://www.facebook.com/giftshop.php# http://mashable.com/2010/07/08/facebook-gifts-rip/ http://www.facebookpokerchipnews.com/wp-content/uploads/2010/03/facebook-credits.jpg http://bellevuemanor.org/images/facebook-logo.jpg http://mashable.com/wp-content/uploads/2009/06/success.jpg http://www.su-aiims.co.in/pulse-09/themes/colorpaper/images/facebook_logo.png http://i.i.com.com/cnwk.1d/i/tim//2010/07/08/facebook-gifts.bmp http://zforceinc.com/images/teaming.jpg http://farm1.static.flickr.com/97/223052548_9f5ff24797.jpg Thank You