Selling stuff on Facebook | How to Make Money Selling on Facebook’s Marketplace – Facebook is well-known for allowing users to keep up with friends and family, exchange images, and join interest groups. But did you know that you can use Facebook to sell products and even start an eCommerce business? You can start selling right immediately if you have an active Facebook account.
I’ll show you how to sell on Facebook Marketplace using the same tried-and-true methods I propose for Amazon sellers in this tutorial.
What is Facebook Marketplace and how does it work?
Facebook launched the Marketplace in 2016 and it immediately became a popular platform for selling things to local buyers. When selling locally, Facebook Marketplace is a safer and more user-friendly site than Craigslist.
Facebook is now distinguishing itself from Craigslist by allowing eligible merchants to offer nationwide shipping for products in specific categories, giving them access to a considerably bigger client base than local-only sellers.
How big is it? Facebook, for example, has a monthly active user base of 2.8 billion, with an estimated 800 million Marketplace users.
People often think of the Marketplace as a clearinghouse for people’s used or unwanted home things because of its origins as a local buy/sell platform. However, because of its shipping capabilities, it’s ideal for retail arbitrage—the practice of purchasing in-demand things from a store and reselling them online for a higher price.
If you’re new to the Marketplace, have a peek around and discover what kinds of things are available. You may buy and sell almost anything on this site, just like on eBay or Craigslist—from vehicles to couches, video games, furniture, and more.
Who should use Facebook Marketplace to sell stuff?
The short answer is that it may be anyone! Facebook Marketplace is for those who want to get rid of extra goods, but it’s also for entrepreneurs, eCommerce firms, Amazon sellers, woodworkers, handmade artists, brick-and-mortar stores, and so on.
In truth, seller techniques on Facebook and other platforms like Amazon and eBay are very similar.
Unlike other eCommerce or reselling platforms, Facebook doesn’t charge you anything to list your things if you sell them locally. When a consumer orders shipping, the seller is only charged 5% of the total selling price. For new or experienced eCommerce businesses, listing products on Facebook is a no-brainer because of the little overhead.
To begin selling on Facebook, you’ll need the following items.
To begin selling on Facebook Marketplace, all you need is an active Facebook account. That’s all there is to it! If you want to offer shipping with your listings, you’ll need to go the extra mile and enter payment and shipment details.
A Step-by-Step Guide to Selling on Facebook Marketplace
The first step is to create a Facebook Marketplace account.
You can access Facebook Marketplace if you already have an active Facebook account. A “Marketplace” tab should appear on the left-hand side of your Facebook homepage. If not, type “Marketplace” into the search bar and it will appear.
It’s simple to create a Facebook account if you don’t already have one.
Create a new account on Facebook.com by clicking “Create New Account.”
Fill out the form and click the “Sign Up” button.
Your account will then be set up and ready to use. You’ll need to fill in some information so that you appear to be a real person—this is a crucial step that will increase your Marketplace trustworthiness. If you don’t have a profile photo and other basic identifying information on your account, people won’t want to buy from you.
It’s as simple as that! You can access the Marketplace after your Facebook account is ready.
Step 2: How do you decide what to sell on Facebook?
Facebook Marketplace, like eBay and Craigslist, allows you to sell almost anything. The first step to selling on Facebook is to have a look around your house, garage, or attic to see if you have anything valuable that you can resell.
This can be anything from antique furniture to old electronics to video games to kitchen equipment to literature. Take a look around the Marketplace to see what others in your region are selling.
Take note of other merchants’ product descriptions and photographs while you’re at it. What did you find most useful as a potential customer, and what do you think maybe improved? Did the vendor, for example, give the product’s dimensions as well as well-lit images shot from several angles? As you design your listings, keep your insights in mind (more on building listings in Step 4).