Eric Willis

Facebook Marketplace — Buy and sell with your local community. A Craigslist killer.

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Ryan Hoover
Facebook's been experimenting with this for a while. Some Facebook users have reported seeing the Marketplace button on the bottom row of the app for months. Smart move by Facebook. Craigslist is somewhat ubiquitous despite how awful it is. Facebook is uniquely positioned to (finally) dismantle the long-time peer-to-peer marketplace.
Alex McGregor
@rrhoover It's ubiquitous despite it being awful? How is it awful? Craigslist looks the way it does because it works just fine. I think Craigslist is a good model for a lot of these utility-like services.
christopher lake
@rrhoover Nextdoor has been making tremendous inroads here.
Paul Katsen
@rrhoover just sold a bunch of stuff at office and got rid of far more via google sheet + messaging my networks... vs. going to craigslist.
Greg Cohn
@rrhoover the popularity of Craigslist as a use case for @burner makes it very clear to me that a lot of users want privacy in some kinds of peer-to-peer transactions. There are times, though, when trust would help move transactions forward, or when knowing you're helping out a friend is an important complement to a few dollars. When you're selling a car or a high-end piece of electronics, you don't want to sign a warrantee or have people come back to you if they have complaints on an "as-is" purchase. But if you need to move some concert tickets you can't use, or wanting to get rid of a perfectly good bike or used phone, a social network might be perfect. I've always thought marketplace would be interesting on facebook and will be interested to see if they nail it on this iteration. (It's not yet available to me, though.)
Adam Marx
@rrhoover I think doubly smart is that they're introducing this after introducing payments via Messenger. Putting the payment system out first, and then following it with an ecosystem in which those payments can exist, seems to me to be the best way to leverage to the new Marketplace release. I wonder if we'll see other social networks follow suit. Doesn't seem too far-fetched to conceive a scenario in which a social platform like Twitter might try to take similar advantage of ecommerce. Actually, a partnership with Square to create such a dynamic is a fun thought-experiment, though I'm not sure if that legally qualifies as a conflict of interest, as Jack Dorsey is currently the CEO for both companies. Food for thought though.
Courtney Johnston von Nieda
I dunno. I really feel the less I know about a person I'm purchasing from, the better.
steffan pedersen
@cojovo Good point. I'm not trying to add every person I buy/sell from as a friend on FB. It's more like "Get off my FB!" actually.
Tamas Kalman
@steffanpedersen @cojovo why is that? it's because of the surplus value added in the transaction feels like theft?
christopher lake
@cojovo if i'm buying something expensive, i would feel more confident knowing more, not less, about the person.
steffan pedersen
@chhhris @cojovo agree on the expensive items. 100%. Those of course require more research, personal response, and time. Various factors in the decision-making process, for example I wouldn't buy from someone with poor grammar or slow response. But if it's soccer cleats, a phone charger, or simple items like a backpack, I don't care to reach that level of friendship or knowing. With the amount of small/random items I usually buy on Craigslist, I just dislike the idea of opening that quick exchange world to my personal world. If this makes sense to you.
Adam Leidhecker
@cojovo When I buy or sell on Craigslist I try to search the person on socials to see what they look like so at least know who to look for when meeting to exchange. I'm usually successful via linkedin or usually FB....so this speeds this up. We're not becoming FB buddies...it's more like seeing your drivers profile photo in Uber + verified account.
Ouriel Ohayon
funny i have seen this product in Israel for a long time...maybe was tested there first. know how to find it in the US?
Brian Lee
@ourielohayon it's been around since 2007. I guess this is a re-release?
Ghost Kitty
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Parwinder Bhagat
Facebook has been pushing Marketplace for quite a while now. They should have done this early on considering all the garage sale groups that are on there. Even though a bit late to the game, it can be a good competitor to likes of Letgo and OfferUp
Kevin Gauthier
Smart of Facebook to try to capture that local market audience. People have been wanting but struggling to do this on their platform. Facebook here has the network and infrastructure in place to dramatically change and simplify the way local business is being done. Hopefully this isn't an afterthought and they keep building on it.
Zain Manji
Great to see how Facebook took another natural user pattern that was developing within Facebook and Groups, and extracted it out to it's own feature/product. Another great addition to the Facebook ecosystem.
Ghost Kitty
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Eric Willis
A craigslist competitor by Facebook. It's available in the US, UK, Australia, and New Zealand.
Evelynn Mimi Jae
Facebook team to Mark Zuckerberg: "What are we doing today, Mark?" Mark: https://giphy.com/gifs/head-over... That didn't work out so well, but you get the point 😆
John Meese
Now that this exists, it makes perfect sense. My only question is why Facebook waited so long. Interesting to see how this affects new apps like LetGo!
Swaroop Hegde
Looks more like a OfferUp/Letgo/5Miles killer!
James Koo
do you think facebook payments would be used for the transactions??
Aaron McKeehan
What makes craigslist great are the Job postings...once facebook allows me to post a job ad, then I would call it an Craigslist killer.
Brian J King
@aaronmckeehan Facebook pages allow posting job ads, it's in the status update section of business pages.
Felix Boehme
This has definitely been around for a while. I bought a set of golf clubs through this in 2007 in Scotland.
Merredith
I'll be curious to see if they have moderators ala the "unofficial" Facebook marketplace pages for neighborhoods, to guard against spam, profiling and heaven knows what else. I've heard that moderating those pages ends up sucking a fair amount of time -- will FB automate that process, or combine with bots and/or payments?
Drew Meyers
@merredith Anything public with the scale that they operate on will get spammed. Pretty much every fb group I've ever seen that's public that gets any significant number of people in it just ends up getting spammed to hell (aka made worthless).
Brandon Rubinshtein
Not a Craigslist killer competes more with offer ups of the world
Alex G
wow! Facebook created another Ebay... so original!
Jack Smith
I don't think it's going to kill Craigslist. I think that it will be promoted to try and stop the growth of Offerup
Ainslie
Such a great idea - especially for Australia. When will this be available in the Land Down Under?