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Wednesday, October 5, 2016

Facebook Marketplace: Facebook Online Buy And Sell Hub Launched

In this date and age, social media is not just social media i.e social media platforms are not just meant for socializing.

Social media platforms has over the years transitioned into a very powerful marketing tool when utilized properly.

Image result for facebook marketplace image

One of such platforms is Facebook which has now launched a dedicated online market place where Facebook users can purchase and sell any item from/to other users within their communities.

Facebook Project Manager, Bowen Pan in a statement said over 450 million people at present make use of the social media platform (Facebook) to purchase and sell used goods every month (mostly through the Facebook group feature). 

Facebook, by creating "Facebook Marketplace" is giving Facebook users a more formal process to conduct these business transactions.

Facebook Market place is a destination for people to find—and make offers for—items directly through Facebook's mobile app. 

Image result for facebook marketplace image

A button for Marketplace will replace the Messenger icon in the bottom center of the app.

Over time Facebook marketplace would takeover from the likes of JiJi and OLX

However, unlike eBay and similar marketplaces, Facebook marketplace does not offer the same secure safety and financial security terms as it does not offer similar type of protections or guarantees i.e All transactions (sales) are handled offline and by Facebook marketplace users themselves.

How To Sell Stuffs On Facebook Market Place?

  •      Take a photo of your item, or add it from your camera rol
  • .    Enter a product name, description and price
  • .        Confirm your location and select a category
  • .        Post

Marketplace is at present being rolled out to Facebook users over the age of 18 in Australia, UK, New Zealand and the US on the Facebook app (Android and iPhone),

The service would be then expanded to other countries worldwide.
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