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Facebook will have its own Marketplace?



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Facebook will have its own Marketplace?

I don't know about your area and country but here Facebook groups for selling and buying stuff are becoming more and more popular. They tend to develop in a pretty natural way, for example, some people want organic grown meat and vegetables and they create a group for this to find the best places to purchase such food. In no time sellers appear and a whole natural marketplace develops on that group.

This leaves Facebook with a rather very interesting opportunity: the idea of developing its own marketplace. And guess what? They are going to develop that very same thing!

Here you have it, the Facebook Marketplace:

Facebook will have its own Marketplace?

Looks cool right? I bet this will put tons of general marketplace websites niches out of business. I'm already thinking of ways to publish my own freelance services on such Facebook marketplaces.

You can find Facebook published selling objects close to you:
Facebook will have its own Marketplace?
As soon as you figure out what you want to buy you can contact the seller directly on Facebook and set up a time a place for the actual transfer to take place:
Facebook will have its own Marketplace?
The whole process will be very easy if you think about it, all you need is the Facebook app on your phone and making a product description as well as taking pictures of the actual product is just minutes away.

Apparently, the Facebook marketplace won't be available for the entire world right away but it will be available in the following days for the USA, New Zealand, Australia and United Kingdom.

What do you think? Are you going to use Facebook Marketplace?

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idealmike

You know this looks very similar to other classified ad apps like Shpock and Gumtree where you can sell your physical items and set up a sell with the buyer to come and collect it for cash either from your home or in an open public place. But like those, you can also use them to sell virtual services too like websites, domains, traffic, SEO and other freelance services too so they can be quite useful so this could be quite useful and lucrative for freelancers and for buyers of such services as well.

It would be interesting to see what categories they have exactly. Whether they will even allow people to even sell such virtual services like freelance services etc. I don't see why not as it's a perfectly very legitimate and multi billion dollar industry and they would probably want to try and get a slice of that pie and coin in on it somehow I would imagine in foresight and providing a platform where it can take place is one way they can do that and regulate it like Rad has said. They could even start offering their own sort of Escrow service and have their own currency you can pay with or ways they can take money from you to pay the seller with or to receive money from a buyer as a seller but at a cost to the buyer and the seller for that privilege of course! What, you didn't think they did these things just for people only did you? ;)

But yeah it's very similar concept to Shpock app classified ad app for your area which is a fairly new concept so it's only reasonable to see that Facebook have adopted this technology and concept in this way. But obviously, FB have a much larger user base already. So it could be quite a useful tool for freelancers as Facebook usually can be a good source for freelancers to find work with anyway. Facebook will have its own Marketplace?




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Lynne

Hey Mike. It sounds interesting but what about security issues? I mean let's face it, Facebookis hardly secure is it, there are so many fake profiles and so much BS going on there already. Do you really think it will take off well?




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anwebservices

Well i can't see it in my country but from your post and screenshots it looks more like classified ads then real marketplace. As RaduV said if there is no real terms of services, paying process and payouts, no real regulations about shipping goods, then i wouldn't call it marketplace. Such group then could be created by anyone and i seen many so far, but it's nothing more then something similar to classifieds




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RaduV

The already have established a marketplace (see the groups where the users are selling everything to everyone) just that it's not regulated. It doesn't follow any rules and besides some public shame in case you are making fraud, they can't do anything to avoid cheating. I'm more inclined to use the real markets until they make some rules on how to sell / buy stuff in safe condition.

You can avoid being detected by doing some real-looking account and start doing business. Anyhow, from what I can see they are heading there so I will not be surprised if in couple of years it will be developed worldwidely.




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Everett

I wonder if facebook is going to collect a fee if you sell something, or allow you to advertise your items/products the same way as you can by doing the 'promote' page advertising. This is very cool, and I can also see a lot of marketplaces shutting down when users will sell on there. For me, I don't want to sell on facebook, im sick and tired of facebook. What is a facebook anyway? Also, i think facebook wants to take over everything on the internet, so we'll have to go through them to get things done. People flock there in mass and i really don't know why.




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Lynne

This is going to be very interesting but like a few members have already commented it is not exactly a real marketplace but more like a classifieds. I also wonder very much about monitoring it and how this will be controlled? I wonder how this will work with fake Facebook accounts since there are loads of those so it would quite frankly make me a little edgy to make use of it.

Perhaps if they tighten up their security and somehow confirm people are real?

I have already seen in a lot of Facebook groups for a long time that there is an option to mark something for sale. I guess it was just a matter of time before they expanded on this concept.




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procoder

I was just reading at their newsroom website about this feature, and I think it's very interesting but I don't like the idea that they are not providing any payment gateway to get paid from the product you sell, it seems that everything is in your hand and your buyer, so if someone want to buy your product they will have to meet you personally and pay in cash, or they can pay you online from different sites but still the product will be delivered by you. It's not a real marketplace, it's more like a kind of advertising feature. However, it's not that bad, as it will avoid scamming from fake accounts.




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overcast

I think they rolled out selling from groups feature. And that feature seems to be doing a lot better. I know this because I am part of some of such groups and it is working out for me. I have seen other people selling some products. Though not sure how many payment gateways are being used in this process. But it'd be fun to see how facebook can replace websites and some shopping sites.




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Barida

Facebook has over the years created platforms in which many people that are willing to buy and sell their products and services can connect and do so without having to think about the risk of losing money. I have been using Facebook to buy for a long time now and I must say that it has been an awesome experience for me.




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vinaya

facebook launched marketplace in 2016. However, I did not know about facebook marketplace until recently. By launching marketplace, facebook is trying to attract people who are buying and selling online. Now, if you want to buy or sell online, you do not have to go else where. You can do it on facebook. However, I am yet to use this service.




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Everett

I've used it before, like other marketplaces it is spammed a lot.. there are also a lot of scams, especially car and electronic scams. yet facebook really doesnt do anything.




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vinaya

I do not know about scam and spam because I have not bought anything from facebook marketplace. However, I have friends who sell crafts and they are doing well. Most of my friends who are selling on facebook are selling handmade jewelry.




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seolads

Gosh i have never seen that marketplace. Does it still exist? i can't find it. What they really offer there, i would like to see it Facebook will have its own Marketplace?




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Corzhens

I have been expecting this because Facebook was created as a simple social media to compete with Friendster. Maybe the owner, Mark Zuckerberg, did not imagine that his social media network would grow this big as to have 2 billion users. The kind of money that Facebook brought to him is too hard to estimate. Anyway, we can see that Facebook has some agenda aside from being a social media network. It is now flexing its muscles on its own search feature that later on may be a search engine.




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shikhonkhan

nice post. well i think every business should have many facebook pva for their business promote. not every work can done in simple way. so alternative method is needed. if you guys need facebook pva accounts, you can contact me.




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