Facebook launching Marketplace in Android app, facilitating easier private buying & selling

Facebook launching Marketplace in Android app, facilitating easier private buying & selling

Facebook launching Marketplace in Android app, facilitating easier private buying & selling

Facebook Marketplace is expected to become a direct competitor to eBay around the world. And the best thing about Facebook Marketplace?

Citing the fact that 450 million Facebook users are participating in buy and sell groups each month, Facebook has made a decision to roll out a new feature called Marketplace.

Here's what Facebook has to say about its new service: "In recent years more people have been using Facebook to connect in another way: buying and selling with each other".

This time, Facebook believes that the 450 million-plus people who already visit "buy and sell" groups on a monthly basis could give Marketplace a leg up on the competition.

Facebook Inc. said Monday the most popular items people now buy and sell on the service include furniture, cars and clothes.

The company also said it would roll out the service to more countries in the coming months, with a desktop version of it also close at hand.

So far, the app is only being released in the United States, United Kingdom, Australia and New Zealand. You can narrow your search by price and category; you can also keep your search local with the built-in location tool, or search a separate city/town. Marketplace will let you make offers for items, but no money is directly exchanged on Facebook's platform, product manager Mary Ku told Mashable in an interview about the feature.

Still, Facebook has historically had issues with getting commerce features off the ground, in part because users see the site as a place to catch up with friends, not shop. Worse than that, killers are also using the site to find their next victim.

Have you ever bought or sold something through Facebook? In a nutshell, Marketplace lets people search for things that people are selling nearby, which could be anything from furniture to books and electronics. Craigslist offers anonymity, whereas Facebook Marketplace advertises your name and location. When they do, they're accompanied by their name, profile picture and a map of their surroundings, shifting some of the common concerns associated with Craigslist sellers.

"We're facilitating the connection between buyer and seller, and then they can figure out how to do the transaction themselves", Ku said.

The new feature is located via a tab inside the Facebook mobile app.

Don't have your heart set on a specific price for your item - one of the benefits of a buy and sell website is that you can barter on price, allowing you to reach new sellers.

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