Facebook has launched Marketplace, a feature that allows users to buy, sell, and trade items with other people in their locality. It’s a digital version of the local rummage sale, if you may.
It’s trying to move forcefully onto the turf of eBay, TradeMe, and other online services that facilitate consumer-to-consumer and business-to-consumer sales through their e-commerce platform.
The Marketplace icon now appears at the bottom of the screen on the Facebook mobile app on Android and iOS in countries like Australia, New Zealand, UK, and the U.S.
Search Marketplace and filter results by category, location, or price, or browse what’s available in a specific category: electronics, household, etc.
Found something you like? Tap on the image for more details, such as product description, seller’s profile pic, name, and location. Save the item to find it later.
DM the seller on Marketplace if you’re ready to buy and make an offer.
Listing items on Marketplace, either a pen or a television, just takes the same amount of time. Also, as the number of Facebook users increases, so does the traffic. However, in terms of security, Marketplace still lacks strict regulations, which can be a drawcard or a drawback.
Ebay and TradeMe require an account from both buyer and seller, and initial investment fees in order to sell. Having guarantee and protection justify investment in time and fees. Ebay and TradeMe retain their “high risk” buyers and sellers of expensive items — with the assumption that the slow and long process of listing items on these platforms hinders the sales of cheap items and wasteful transactions.
Negotiations and direct contact (Messenger) between buyers and sellers are the norms on Marketplace. This setup seems inefficient compared to TradeMe, where item’s details are readily available on the site.
Although Marketplace makes buying and selling quick and easy, it’s more accurate to say that it’s an accompaniment to the other platforms, rather than a replacement.
Facebook Marketplace maintains a list of items or contents that are not allowed on Marketplace, which includes:
- adult products
- body parts and fluids
- community standards
- digital media and electronic devices
- hazardous goods and materials
- healthcare products
- human exploitation and sexual services
- ingestible supplements
- misleading, deceptive, or offensive
- no item for sale
- prescription products, drugs, and drug paraphernalia
- products with overtly sexualized positioning
- recalled products
- stolen goods
- subscriptions and digital products
- third-party infringement
- tobacco products and related paraphernalia
- weapons, ammunition, and explosives
- events or admission tickets
- gift cards
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