Facebook has decided to create a special section dedicated for the purpose of establishing a marketplace for buying and selling of vehicles because of the covenience and comfort it could bring to your heart. This means you now can search using the new filters to find a car with a particular type, brand, model, range of mileage, type or class of transmission and more offers from both people and cars dealers in the likes of Edmunds, Cars.com, Auction 123, CDK Global and SocialDealer. Pricing against the industry can be done its standard Kelly’s Blue Book. while one could also make use of Messenger bots to correspond with dealers in quick time rather than filling out a contact form and waiting for a response.
A feature in Facebooks’s peer to peer classified directory; the Search volume which was introduced about a year ago has witnessed an arithmetic progression three times globally since the beginning of 2017. It has eighteen thousand listings added to it in the United States alone some time in May. Also inclusive is a seventy-seven percent (77%) growth in unique conversations between buyers and sellers over the first half of 2017.
Facebook’s Product Manager Bowen Pan said: “Autos are one of the most popular categories of Marketplace”. “Millions of people in the US alone are looking at used cars, motorbikes, and other vehicle listings every day” he went saying. “So just as Marketplace grew out of the rampant emergent behavior of people creating buy-and-sell Facebook Groups, the Marketplace team followed usage trends to build the new vehicle features.”
Even though Facebook some months back began testing ads within Marketplace to promote some types of products, Facebook does not take any share from any transactions in the marketplace making transactors very and willing to pay for ads if that can bring them car buyers and businesses.
Even though various vertical specific sites have existed longer than Facebook for a while now, Facebook is standing strong because of the fact that users don’t have create new accounts / portal since you visit app daily and have visibility into profiles and social graphs can boost the trust.