|Mon Oct 3 2016 11:00:59|
Look out, eBay - Here Comes Facebook Marketplace
By: Ina Steiner
Facebook launched Marketplace, a way for people to buy and sell things in their local area. The feature launched on Monday in the US, UK, Australia, and New Zealand and is only available on mobile - for now.
Users who open the Facebook app on the iPhone and Android devices can tap on the shop icon at the bottom of the Facebook app.
Importantly, Facebook says
it does not facilitate the payment or delivery of items in Marketplace. But it did say, "We'll continue to build new options and features to make this the best experience for people."
It looks like Craigslist has the most to worry about with Facebook Marketplace's focus on local items for sale, but will this impact eBay now or in the long run?
We know from our annual Sellers Choice Awards that sellers already use Facebook to sell - let us know what you think of the new Facebook Marketplace and what kind of threat it poses to others in the ecommerce space.