Facebook Introduces Marketplace, A Platform for Buying and Selling

Facebook Introduces Marketplace

Earlier today, Facebook unveiled the Marketplace feature which assists users in buying and selling of items. This initiative is not a new one, the tech giant introduced something similar around nine years ago.
With over 757 million daily users on Facebook, around 450 million active users are already making use of Facebook groups to buy and sell each month in their locality. Facebook Marketplace is fully functional on the Facebook app for iPhone and Android for now.

By tapping on the shop icon positioned at the bottom of the Facebook app, users are directed to a home page with an assortment of photos of items listed by nearby users. The search option can be used to refine your results based on location, category or price.

To contact sellers, messages can be sent as users’ real profiles and the details of the product are easily accessible. Marketplace is completely free to use. Selling an item involves uploading a photo, entering a product name, description and price, confirming your location and posting.

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Concerning the security and privacy of the users, Bowen Pan, the project manager has this to say:

It has well as a whole host of flags that people that can put out for people that may not be acting in the best faith. Once we see a flag, we have a team that will promptly review these and take action. Still, Facebook won’t take responsibility if you get ripped off, and it certainly will not get involved if someone decides to assault you and steal your item at the designated meeting place.

The feature will be rolled out to users over the age of 18 years in the US, UK, Australia, and New Zealand in a matter of days. It will be available to other countries as time goes on. Facebook also plans to make it available for desktop users in a few months time.

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