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Is Facebook marketplace the next big thing?
 

Hi everyone,

I would say around 5 or 6 years ago I sold things around my apartment I use to have on Facebook marketplace never saw Facebook marketplace as a potential business until this week.

My eBay account got another MC011 I had it last year and I got it again. I havnt tried to fix it this time I thought instead of waisting time with eBay I’ll try other marketplaces.

I listed on facebook accepted PayPal, cash on collection, bank transfer. To my amazement I was getting enquiries left right and centre messages all the time and I sold out what I had quicker than ebay. I had lots of cash, bank transfers and PayPal payments.

The prices are a little less than ebay but the profit is still their? My question is Facebook marketplace the next big thing? What bad things can happen on Facebook? Ie ebay mco11 drop shipping policy suspended account list goes on with eBay lol.

I appreciate all your replies.

Re: Is Facebook marketplace the next big thing?
 

I think, yes.

Re: Is Facebook marketplace the next big thing?
 

Facebook is getting bigger - still feels like a lot more for locally-based sales (up here anyhow) for now

Re: Is Facebook marketplace the next big thing?
 

Yes I think so too I’ve also listed on gumtree and Shpock. My PayPal has now just been limited so had to supply invoice hopefully it will be alright. But the interest I’m getting on my stock is unreal messages everyday and because I’m willing to deliver the item myself customers trust my business. I can’t rely on eBay too much as things always happen I need to branch out and getting paid bank transfers and cash on collection is better then not being paid at all. (If anything happens to PayPal or eBay)

It’s nice meeting new people it’s like a business my old mates got where he goes to garages to buy cat converters or car batteries and then weigh them for money. It’s nice delivering an item and getting paid for it. Unfortunately I have no stock now so no money to be made :(

Re: Is Facebook marketplace the next big thing?
 

Facebook as in the Facebook.com? I doubt it. Not many people I know even use it anymore, looks like a dead platform like MySpace became.

Re: Is Facebook marketplace the next big thing?
 

Yeah Facebook.com 85 messages in 8 days for just one product I don’t get interest like that on eBay and these people want to buy desperate to buy but I can’t sell because I can’t keep up with the demand.

Re: Is Facebook marketplace the next big thing?
 

You have to live in big city so they pick it up if its something big. no one will drive to small towns to pick it up.

Re: Is Facebook marketplace the next big thing?
 

That's a relatively nice niche to have - high demand, low supply...seems like price geared for high profit

Re: Is Facebook marketplace the next big thing?
 

Be careful,make sure the payment is cash,do not accept Paypal or similar payment processor and meet in well lit public places.

Re: Is Facebook marketplace the next big thing?
 

Facebook take money from ads, if it really wanted to become it would have done it already a real marketplace

Re: Is Facebook marketplace the next big thing?
 

Facebook is huge. I would say the third largest platform in the USA.

Re: Is Facebook marketplace the next big thing?
 

Thanks everyone who has replied appreciate all the replies and some great advice given. I’ve noticed on Facebook I can potentially buy same items I’m selling for and up the price as well so might be worth giving that a go.

I sent my bank statement into eBay today for MC011 they wanted supplier invoices but I don’t have them so not optimistic my bank statement will be accepted but it’s not the end of the world if it doesn’t get accepted.

Re: Is Facebook marketplace the next big thing?
 

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What about having different Facebook (user) accounts in the computer?. Do they check fingerprints like Amazon?. I wouldn't like to use my main account as I have lots of friends wouldn't like me to see selling. But neither lose my main old Facebook account for being linked to other (stealth) Facebook accounts selling some risky stuff ...
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Re: Is Facebook marketplace the next big thing?
 

I wouldn't be surprised if they do check fingerprints...and more. Fb constantly monitors activity to ban users for ⊗⊗⊗⊗ info, bad info, negative posts, etc

Re: Is Facebook marketplace the next big thing?
 

All platforms soon will use Selfie Security. This is all part of the plan. But it wont work for long because economy will collapse and you will be lucky if you have electricity.

Re: Is Facebook marketplace the next big thing?
 

You don’t have to let your friends see what your selling on Facebook. None of my friends know what I’m selling. I excluded friends from seeing just because I want to keep my business and social life separate.

Re: Is Facebook marketplace the next big thing?
 

I'd say FB is good as a supplement platform compared to eBay

Re: Is Facebook marketplace the next big thing?
 

I couldn’t agree more if anyone has any issues with eBay definitely try Facebook out might surprise you.

Re: Is Facebook marketplace the next big thing?
 

FB Marketplace has been a little secret I have been using for almost a year. Is it perfect? No. But if you understand the "trick" to sourcing products that catches their buyers and algo, you can make a nice paycheck on there. (you wont figure it out on PC platform).

The only negative is the random ban over "unusual activity" You can get the account restored, it is just a headache.

Also, expect persistent dumb questions from buyers that never read your ad. I average 30-50 questions a day just on about 5-10 items.

Re: Is Facebook marketplace the next big thing?
 

fourth largest platform. Not third lol

Re: Is Facebook marketplace the next big thing?
 

I sold Fire Rings on the marketplace last year. Great pictures, measuremnts etc.... literally thousands of messages a day asking where the item is and what size is it...
We simply stopped answering questions.

Re: Is Facebook marketplace the next big thing?
 

Wish.com is good