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Facebook Marketplace

  • Facebook Marketplace Image: Techcrunch

As its name states, Facebook Marketplace is the buy-and-sell platform on the widely popular social media site, Facebook.

Facebook Marketplace was initially rolled out in 2016 in the US, UK, Australia, and New Zealand. It is now available in 50 countries and can be accessed by Facebook subscribers who are 18 years old and above.

Currently, Facebook has 2.6 billion monthly active users, which also translates as potential buyers on Facebook Marketplace. More users also means more sellers to choose from and more categories for shopping.

Available categories on Facebook Marketplace include vehicles, property rentals, apparel, classifieds, electronics, entertainment, family, free stuff, garden & outdoor, hobbies, home goods, home improvement supplies, home sales, musical instruments, office supplies, pet supplies, sporting goods, and toys & games.

Posting on Facebook Marketplace is as easy as posting on Facebook itself. You simply take a photo of your item, add the description, confirm your location, and post. Adding your location allows Facebook to filter search results within close proximity of the buyer and seller. You can also search by category or price.

Just like on Facebook, buyers can follow their favorite sellers and receive notifications if the seller creates a new listing. Buyers can also rate sellers after completing a transaction or after chatting with the seller.

Quick facts

  • Registration is free
  • Click, describe, and post to sell
  • Up to 10 photos per listing
  • Buyers can check sellers’ Facebook profiles for contact details
  • Buyers can contact sellers through Messenger chat
  • Available on iOS, Android, and desktop

RATES FOR PROMOTING ADS

  • Boost: Turns your listing to a Facebook Ad. You can set your preferred budget and duration. Minimum rate is S$2 per day.
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