According to some of the reports, Facebook is going add a ‘Sell’ button for the users to buy and sell on the social networking giant’s website. The decision comes in effect due to several Facebook groups already active in selling and buying the products.
Apparently, the social networking giant wants to be a competitor for other services, including eBay and Craiglist. It is without a doubt that the Facebook has more active profiles and a vast community of sellers and buyers as its users base.
According to the official sources, a user will be able to put an advertisement with the help of ‘Sell’ button available in the group. Every other member will be able to see it as sold or available, along with every other product that has been ever sold through that group. Facebook said it would help users to have them with a right buyer without going into a loss, or worse. The wait time for an individual to sell a product can drop significantly depending on the group in which the ad is being displayed.
However, Facebook isn’t going to act as a middleman in between the two parties in processing the transactions and or confirming about the quality of a product. However, report suggests that the company may ask you to ‘Boost’ the ad among different groups or in the timeline of other users.
Facebook is yet to roll out this feature. However, there are shortcomings that still needs to be fixed. First off, the feature is yet not ready for a search option. You cannot find a product on the social networking giant’s website. Hence, it restricts the visibility and reach of a product. In the same way, users are limited to sell and buy within a group only.
Facebook has eventually turned from a social networking website into something that sells ads based on the personal information and interest of a user.