Suppose you are an entrepreneur or a small business owner searching for potential eCommerce marketplaces to diversify your income and boost your business.
In that case, consider Facebook Marketplace as one of your options. You can heck out ZIK Analytics Tutorial by Rogerio to dig in for more details. For now you can read below to know some basics.
What Is Facebook Marketplace?
Facebook Marketplace is a feature in Facebook where you can buy and sell goods with other people in your local community.
You can use the app to find items for sale nearby or search for products offered by sellers. To buy something, post a “want ad” on the app.
If you want to sell an item, you can create a listing and choose whether to accept buyers’ offers or send them directly.
What Type Of Products Can You Sell On The Platform?
You can sell various products on Facebook Marketplace, but some restrictions exist. You cannot sell the following types of items:
- Alcoholic beverages over 80 proof, including wine and beer
- Tobacco products, including e-cigarettes and vaping devices
- Counterfeit goods or stolen items
- Prescription drugs or medications that require a prescription
- Live animals and plants
- Lottery tickets, raffles, and other games of chance
- Firearms, ammunition, or explosives, including fireworks
- Hazardous or flammable liquids such as lighter fluid, paint thinner, or aerosols
- Adult products like sex toys
- Misleading, violent, or hateful materials. For example, a T-shirt with a nasty message
- Any item that is illegal to sell in the U.S.
- Products that violate the Facebook community policy
What Is Dropshipping?
Dropshipping is the process of selling goods without having the goods in stock.
When someone places an order through your website, the supplier will ship directly to them on your behalf.
This way, you can earn sales commissions without having any inventory.
Combining the Facebook Marketplace platform and the dropshipping business model, you get Facebook Marketplace Dropshipping.
How To Setup Your Account?
First, you need to set up your business in the Marketplace. Click “Create a selling account” on the homepage and enter your email address. You will receive an email almost instantly with instructions on how to proceed.
After this, you will be asked to create a payment method and select your country.
Next, you have to accept the terms and conditions of the Marketplace and the Marketplace itself. You should also add a shipping address.
When you complete these steps, you can finally start selling.
You can do that by clicking on “Selling Tools” and then “Add listings” at the top right corner of your screen.
What Is Facebook Marketplace Dropshipping?
Facebook Marketplace Dropshipping is an online business model that allows you to sell physical products without storing them or fulfilling customer orders.
Instead, you choose a product and place it on sale for your customers on Facebook Marketplace.
Your customer purchases the item through their browser, receiving all order information directly from the supplier.
You don’t need any inventory management software or fulfillment services. All that happens behind the scenes with the supplier.
Read this article if you’re already on the fence about shopping on Facebook’s Marketplace.
If you know what dropshipping is but need help implementing it to your advantage, give this a quick read.
If you’re entirely new to this, grab one or both of the following links and get started on your quest to build up your dropshipping inventory!