What's special about the new 'online market' on Facebook?
With the launch of 'Online Marketplace', Facebook hopes to compete with Craigslist and eBay - two of the leading online classifieds and auction websites in the US.
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| Facebook has launched a new "Marketplace" feature. Photo credit: bidnessetc.com |
On October 3, the world's largest social network Facebook launched a new "Marketplace" feature, allowing users to easily buy and sell products to friends and "neighbors" on the social networking platform.
With the launch of "Online Marketplace", Facebook hopes to compete with Craigslist and eBay - two of the leading online classifieds and auction websites in the US.
In a statement, Facebook said the new feature formalizes something some members of Facebook Groups have been doing for years.
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“Facebook is where people connect, and in recent years, more and more people are using Facebook to connect in other ways like buying and selling things to each other,” product manager Mary Ku emphasized.
According to Mary Ku, this activity started in Facebook Groups and has grown to more than 450 million users visiting buy and sell groups each month - from families in a local community to collectors around the world.
The “Online Marketplace” will facilitate buying and selling through “a convenient destination to discover, buy and sell items with people in your community,” she said.
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| The "online marketplace" will display photos of items for sale and users can rearrange their positions as they wish... |
The "online marketplace" will display photos of the items for sale, and users can rearrange them as they like, as well as search for specific items or choose from categories such as clothing, homewares and electronics.
The subjects allowed to use this new feature include all people over 18 years old in the US, UK, Australia and New Zealand and some other countries./.
According to VNA
