There's no doubt to state that Facebook, one of the best social media platforms with billion registered users, is also known as the best online marketplace in the online world. Even though eCommerce websites have their own attire in everyone's heart, when Facebook came up with its marketplace in October 2016, it introduced an online space to buy and sell products directly on Facebook.
Almost 50 countries have access to use marketplace on Facebook to trade products with their clients. So, we will share more about the Facebook marketplace with our readers.
What Is Facebook Marketplace?
As stated above, the Facebook marketplace came into existence in October 2016, where marketers get the privilege to buy and sell products on the platform. The users can get a complete shop-like feeling to offer purchase and sale transactions without hassle.
Who Can Sell On Facebook Marketplace?
Facebook marketplace is a platform where marketers can sell products that can be old or new. Entrepreneurs, sellers, handmade artists, fashion businesses, real estate, e-commerce businesses, etc., can sell on the Facebook marketplace.
Now, let's look at some valuable advantages of the same:
Marketing Tools Availability:
Marketers can use Facebook ads spy tools to help them manage their marketplace without hassle. One of the best tools can be the merchant selling feature which helps marketers to sell products promotionally. Plus, your automation tools assist its users to send automated replies to clients.
One-on-One Sale:
The users can communicate with customers on a one-on-one basis via Facebook Messenger. Prospective buyers can get in touch with their clients and answer their queries by giving them the information they require to keep up with their interests and feel confident about their purchases.
Free Product Listing:
Unlike other platforms, the Facebook marketplace allows users to list their products for free. It helps marketers to boost their sales and conversion funnel, which can link directly with the marketplace to increase conversions in the future.
Universal Payments:
The marketplace on Facebook does not permit sales transaction services on the platform. Hence, businesses can go for any payment method, such as PayPal, bank transfer, Shopify, and BigCommerce payment processors. Even payment in cash is also possible for the customers.
What Not To Sell On Facebook Marketplace?
Some products violate Facebook policies and should not be sold on the marketplace of Facebook. Such as:
- Adult products
- Digital media & electronic products
- Animals
- Alcohol
- Gambling
- Recalled products
- Hazardous goods
- Tobacco products
- Weapons, ammunition & explosives
- Stolen goods, etc.
Facebook Marketplace Categories:
Businesses can list their products in certain categories, listed below:
- Home sales
- Vehicles
- Deals
- Clothing & Accessories
- Home & Garden
- Housing
- Classifieds
- Electronic
- Hobbies
- Family
- Entertainment
How To List Products On Marketplace?
Some of the following steps to follow if you wish to list your products on the marketplace for Facebook marketing:
- Click on Marketplace on the News Feed option on Facebook.
- Tap on "Create a New Listing" in the Marketplace menu.
- Choose a product to list from the three options available: Items for sale, Bike for sale, and Bungalows for rent. We'll use the "item for sale" option in this case.
- Choose your product category, fill in what you want to sell, set the price, and location, and offer a product description on the next page. You may also upload up to ten product photos.
- Tap on Proceed.
- To publish the listing on the Marketplace, click Publish. Remember that you can list your product in more than one location.
Finally, you succeed in listing your products on the Facebook marketplace.
Now, here are some quick tips to use the Facebook marketplace:
Brand Awareness:
Increase awareness of your brand to make sure the customers are aware of the products you offer along with their features.
Communication:
Communicate freely with your customers to solve their queries to build trust and long-lasting relationships with them. Interacting with them frequently will help you enhance your brand on the Facebook marketplace.
Promotion & Discounts:
Engaging your audience with promotions and discount offers to grab their sight. Offering exciting deals will boost their excitement level to purchase your product more often.
Wrapping Up:
So we hope our readers understand how the marketplace on Facebook can help them buy and sell their products confidently without any trust issues.
Thanks for reading!