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Meta (Facebook) is Reportedly Planning to Launch Retail Stories to Sell VR, AR and Other Digital Connection Tools

PHOTO-2021-11-14-22-04-07

Meta (Facebook) is Reportedly Planning to Launch Retail Stories to Sell VR, AR and Other Digital Connection Tools

According to The New York Times, “Meta has discussed opening retail stores that will eventually span the world, said people with knowledge of the project and company documents viewed by The New York Times. The stores would be used to introduce people to devices made by the company’s Reality Labs division, such as virtual reality headsets and, eventually, augmented reality glasses, they said.”

The big idea is that to guide users towards Meta’s vision of the ‘metaverse’, an immersive digital world of endless possibilities, Meta will have to get more of these tools into more homes. Subsequently, physical stores may be a better way to establish direct-to-consumer supply chains, while also enabling new showcase opportunities to generate more sales.

Currently, you can purchase Facebook’s products in retail stores, but they’re stacking the shelves alongside many other competing devices and options. If Facebook wanted to invest more into direct marketing, and highlighting its next-level plans, it would be best to do so via its own, dedicated promotion and product displays, which it could directly control within its own stores, built specifically around its offerings.

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Micromanagement

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Micro management is not the answer to effectively managing your company, it has more cons than pros. As a manager, you have to determine when and how to micromanage. Here are some results of micromanaging your company. 

1) Do not be a Helicopter boss - Hovering over your staff after they have been given an assignment, does not give your staff a sense of freedom to do the tasks assigned to them. People tend to be more creative when they are given more autonomy, they feel able to make the best choices needed to complete a given task.

Train staff to be managers instead of workers, let them think like a manager as if they own the company, this will build their competencies, let them learn from the mistakes they make. Focus on what only you as a manager can do and do those tasks.

2) Breakdown of relationships is one of the result of micromanagement - Staff will feel that you can't trust them, that's why you keep such a close eye on them. Their sense of self will be greatly affected, and they will end up not liking you as their manager.

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