Social Networking Sites Give Rise To Greater Online Trading Action
There was a great deal of excitement when Ebay first came onto the scene and provided a platform for mass online buying and selling. It gave people the power to release a few quick funds by selling objects that they had lying around, find an obscure item that they’d always wanted, or set up an online business and start trading properly from the comfort of their home. Of course Ebay is still a very popular website, but there are some new kids on the block in the form of social sites like MySpace, Facebook and Twitter.
Facebook first saw the potential in allowing people to advertise items on their site a very short time after they launched. They termed their new section ‘Facebook Marketplace’ and it soon became very popular, with many people even setting up their own shops to trade their goods. Now it can be argued that sites such as Gumtree and Craig’s List have been providing this trading platform for over a decade, but the newer social powerhouses have taken it to another level. They allow buyers and sellers to interact with each other in many more ways, including being able to trade photos easily, see friend’s recommendations or even ask online experts before they buy. For example, before you make that commitment to buy one of those second hand bikes you can request more pics, query your friends about it, or ask those people who are hanging out in the cycling community section if you are making the right choice, and if not, what is the right one?
Further more, with the likes of Twitter to your disposal you can flip the advertising process on its head by requesting second hand items that you are seeking. For example an extreme sports enthusiast might post on their twitter profile that they are looking for 7’6” surfboards, and because of the potential size and power of the networks here, they will likely find multiple people very quickly who have suitable surfboards for sale
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