FACEBOOF MARKET PLACE UPDATE
FACEBOOF MARKET PLACE FULL
FACEBOOF MARKET PLACE FREE

Marketplace categories: Select Categories in the lower-left menu to view a list of categories and sub-categories for Marketplace items and services.Enter your custom preferences into these fields to automatically filter the showcased listings. Detailed search: In the middle of the menu on the left side of the screen are text fields for Price and Location.Joining these groups is a great way to stay up-to-date on new listings by sellers in your area. Marketplace groups: Selecting Groups from the top-left menu of Facebook Marketplace will take you to a list of Facebook groups dedicated to buying and selling items.Search listings: You can use the search bar at the top of the screen to find specific items and services from any category.You can also select See All next to the category name to view similar items.

FACEBOOF MARKET PLACE FULL

Select any of these items to view the full listing.

Featured listings: Upon loading Facebook Marketplace, you will see a menu of items for sale by local Facebook users.

However, exchanging payment for the item with the buyer may require meeting in person. For my experiment, Paypal fees were ~$1.29īottom line, you’re looking at 13% of (the selling price + the shipping cost) in fees.įBM charges no fees.

FACEBOOF MARKET PLACE FREE

(*Your first 50 listings as a personal seller are free of insertion fees.)Īlso, Paypal charges 3% fees on the transaction or 3% * (sale price + shipping). If you get a track record of “item not as described” you pay an extra 4% in final value fees added on top. For my experiment, the insertion fee was free and the final value fee was $4.33. The final value fee is 10% * (sale price + shipping) up to $50. FeesĮBay charges an insertion fee to “insert” or list the item in a category like “bags and purses” and a final value fee. FBM has fixed price listings and easy communication for negotiation via Messenger. Negotiation happens within the Ebay platform via messages.įBM has no history review or recommendation engine although you can look at the prices of other similar items currently for sale. And there are fixed price listings where the price is the price.If a buyer wants to pay this higher price, the auction will end.

The price is usually higher than the starting price for the auction.

A “ buy-it-now” price model is used in conjunction with an auction model.

You can specify the number of days the auction is going to be open up to seven days.

An auction means the item will go to the highest bidder.

On eBay you can select different pricing models. PricingĮBay pricing recommendation engine/ FBM current listing comparisonsĮBay will show you what similar items sold for and will give you a recommended selling price.

FACEBOOF MARKET PLACE UPDATE

You can update any of the details you wish. This saves you time and increases accuracy through crowdsourcing. Item DescriptionĮBay will auto-populate detailed specs for your item based on previously sold similar items. While pictures are worth a thousand words, a 90 second video overview could really help. I took 15 photos and used seven showing wide view, medium view of individual features and close-ups of areas of wear and indicators of brand authenticity. In each platform you can use nine or more photos to help set the buyer’s expectation about the condition of the item, particularly if pre-owned. Here are a few things that I learned from the seller’s point of view from these experiments. To get reacquainted I listed a purse on eBay and a bag on Facebook Marketplace (FBM) to also understand one of the competitors. While I used to buy and sell camera equipment on eBay it had been a while. I decided to experiment with selling on eBay as a way of exploring the company. She’s very happy there and has a highly attenuated sense of cultural fit so I trust her judgment. A former colleague of mine recently encouraged me to apply for a role at eBay.

Faceboof market place