What Is Facebook Marketplace.
It's a world-wide social network, it's your social advertising platform - and now it's the market! on 3 October 2016, Facebook announced the arrival of the Facebook Marketplace, a new feature that would allow users to buy, sell and trade items with others in their area.
Go to the Facebook app on IOS or Android and tap on the shop icon at the bottom of the app to check out the new feature for yourself..
what does Facebook marketplace allow us to do..
Facebook Marketplace is a digital marketplace where users can arrange to buy, sell and trade goods with others in their area. Think Facebook-visit-Gumtree. All transactions take place outside the app, and are not considered by Facebook to be legal in any legal sense.
1. Find items to buy
2. Browse items for sale by category and / or location
3. Create item listing. You can create images for the item using the camera function within the app, or alternatively you can add photos from your device's camera roll. Items are sorted by location and category.
4. See past and current transactions and messages under the 'Your Items' section
Set custom bids for items
5. Message buyers / sellers to arrange transactions
6. Facebook has no role in facilitating or managing transactions - users are expected to work among themselves.
Who could use Facebook Marketplace..
The Facebook marketplace is currently available to Android and iPhone users aged 18+ in the UK, US, New Zealand and Australia. Whoever answers, the description is free to buy, sell and trade items using the Facebook Marketplace.A desktop version and access to other nationalities is slated for an unspecified time "in the coming months", and a route into the Facebook marketplace for businesses is also strongly rumored.
How Facebook Marketplace Fits in the Online Marketplace Scene ?
At this stage the product clearly needs to do some work, but in the long run, the Facebook marketplace has the potential to rival the likes of Gumti, eBay and Amazon marketplaces as hubs for small-scale commerce.
Buying and selling groups on Facebook are currently viewed by around 455 million people per month worldwide. By transferring a large portion of this activity to a central market, Facebook will be able to better manage, police and, most likely, capitalize on it.
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