Facebook

Facebook Opens Marketplace to Take on eBay and Craigslist

It will roll out in the U.S., UK, Australia and New Zealand in the coming days.
Facebook Opens Marketplace to Take on eBay and Craigslist
Image credit: Facebook
Managing Editor, Engadget UK
2 min read
This story originally appeared on Engadget

If you visit Facebook today, the chances are that you'll come across someone trying to sell something. It could be a friend looking to make some money from an old smartphone or a thousand-strong parenting group looking to trade items for their little ones. Facebook has slowly introduced features to make it easier for people to list their items, but today the company has launched Marketplace, a new way for users to "discover, buy and sell items" with other people in their area.

In the coming days, users in the U.S., UK, Australia and New Zealand who are over 18-years-old will see a new shop icon in the bottom menu of the Facebook app. This will load a selection of photos of items that people in your general location are looking to sell. It also includes a search function, if you're looking for something, specific and results can be filtered by location, category or price. If something catches your eye, Facebook will list the name and details of that product, a profile photo of the person selling it and a loose overview of where they live.

Although Facebook already lets Messenger users send payments, the company categorically states that it is not performing the role of a retailer or auction site: "You and the seller can work out the details in any way you choose. Facebook does not facilitate the payment or delivery of items in Marketplace." That also means it won't charge users for listings, giving it a distinct advantage over eBay and other app-based buy and sell apps.

Image credit: Facebook Newsroom

With Facebook now counting over 1.5 billion users, sites like eBay and Craigslist will be watching Marketplace with keen interest. Sure, it's currently only available in four countries, but with little to no oversight over sales and payments, the company is free to take it to new markets at will. Facebook says it will "continue expanding [Marketplace] to additional countries" via its iOS and Android apps, and will make the service available on the desktop "in the coming months."

More from Entrepreneur

Kathleen, Founder and CEO of Grayce & Co, a media and marketing consultancy, can help you develop a brand strategy, build marketing campaigns and learn how to balance work and life.
Book Your Session

In as little as seven months, the Entrepreneur Authors program will turn your ideas and expertise into a professionally presented book.
Apply Now

Are paying too much for business insurance? Do you have critical gaps in your coverage? Trust Entrepreneur to help you find out.
Get Your Quote Now

Latest on Entrepreneur

My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.