Facebook Marketplace Aims To Take Down Craigslist

Posted: Oct 3 2016, 8:44am CDT | by , Updated: Oct 3 2016, 8:46am CDT, in Latest Business News


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Facebook Marketplace Aims to Take Down Craigslist
Facebook Marketplace

A new local marketplace on Facebook could harm all local web based marketplaces.

Facebook launches Marketplace. Facebook users have been buying and selling with each other for years now their is a full marketplace that can mean bad things for Craigslist and other local listing services.

More than 450 million people visit buy and sell groups each month says Facebook in the announcement of Marketplace.

"To help people make more of these connections, today we’re introducing Marketplace, a convenient destination to discover, buy and sell items with people in your community. Marketplace makes it easy to find new things you’ll love, and find a new home for the things you’re ready part with. We’ll continue to build new options and features to make this the best experience for people," said Mary Ku, Director of Product Management in the announcement.

To visit the Facebook Marketplace, just tap on the shop icon at the bottom of the Facebook app and start exploring.

Marketplace opens with photos of items that people near you have listed for sale. To find something specific, search at the top and filter your results by location, category or price. You can also browse what’s available in a variety of categories such as Household, Electronics and Apparel. Use the built-in location tool to adjust the region you’re looking in, or switch to a different city altogether.

When you find something interesting, tap on the image to see more details from the seller, including a product description, the name and profile photo of the seller, and their general location. You can also save the item to find it later.

Decided that you want it? Send the seller a direct message from Marketplace to tell them you’re interested and make an offer. From that point on, you and the seller can work out the details in any way you choose. Facebook does not facilitate the payment or delivery of items in Marketplace.

Facebook keeps out of the transactions, but that might change in the future.

Over the next few days, Marketplace will be rolling out to everyone over 18 years old in the US, UK, Australia, and New Zealand on the Facebook app for iPhone and Android.

How to post Items for Sale on Facebook Marketplace
1) Take a photo of your item, or add it from your camera roll
2) Enter a product name, description and price
3) Confirm your location and select a category
4) Post

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<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Manfred "Luigi" Lugmayr () is the founding Chief Editor of I4U News and brings over 25 years experience in the technology field to the ever evolving and exciting world of gadgets, tech and online shopping. He started I4U News back in 2000 and evolved it into vibrant technology news and tech and toy shopping hub.
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