Facebook Launches Marketplace For Cars With Dealers and Blue Book Pricing - MobileAppDaily

Facebook Launches Marketplace For Cars With Dealers and Blue Book Pricing

Facebook’s launch of Marketplace for cars with dealers and Blue Book pricing is the hottest mobile app trend you need to know now

Social Media published date 26th October, 2017 Eric Jones

Buying a car has never been easier with Facebook’s latest search filters for its Marketplace for vehicles. The New Mobile App Technology powered search filters enable users to find a ride with a specific type make, model, mileage, transmission, and more from both people and car dealerships like Edmunds, Cars.com, Auction123, CDK Global, and SocialDealer. The social site is also extremely transparent with the pricing against the industry standard Kelly’s Blue Book. As for communication of the deal, it boils down to simple Messenger bots which enable users to communicate with dealers in real-time instead of hassling with a contact form and sluggish response.

Facebook Car

Search volume in Facebook’s friend-to-friend classifieds directory that launched a year ago has grown 3X globally since the start of 2017, with 18,000 listings being added in the US alone in May. There’s also been 77% growth in terms of unique conversations between buyers and sellers over the first half of 2017.

Related :  Instagram Influencer Marketing, Instagram Adds ‘Paid Partnership’ with Tag

According to Facebook product manager Bowen Pan, “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.” The genesis of this Marketplace seeds from the rampant emergent behavior of app users creating buy-and-sell Facebook Groups, Facebook’s Marketplace team simply followed the usage trends to build the new vehicle features.

Related :  WhatsApp New Feature Will let You Pin Your Chat

If you’re wondering how much Facebook gets from these Marketplace transactions- Nothing. However, a couple of months back it did start testing ads within Marketplace to promote certain products. The dealers are more than happy to pay for these ads as it augments their chances of getting a buyer for their car.

Facebook Vehicles

Marketplace transactions for the car are simply the first brick to Facebook’s masterplan. The social networking site also aspires to extend its platform to commerce by helping people score jobs, buy tickets through Ticketmaster and Eventbrite, discover daily deals through eBay, browse retail products from the Shop sections of Pages, and next, Facebook plans to dig its roots into real estate so users can find a house or apartment on the social platform.

Related :  Twitter Finally Started Allowing The Users To Make 280-Characters Tweet

While Craigslist and various vertical-specific sites exist as competitor services, Facebook, with its worldwide user base has an upper hand unlike other services- people don’t need to make a new account to access these marketplace services and can visit profiles and social graphs which establishes stronger trust.

For the Latest Mobile App Technology News and Reviews, follow MobileAppDaily on Twitter, Facebook, LinkedIn, Instagram and Flipboard

Eric Jones

Eric Jones

Eric Jones is a senior tech blogger at MobileAppDaily and he is a gadget lover and follows every advancement and tweak in the mobile app industry. He is enthusiastic about the gaming and social media apps and possesses almost 7 years of experience as a tech blog contributor. Eric also doesn't like to share his cheese burst pizza with anyone at all.

Was this article helpful?

Join 5000 mobile experts who
already have a Head start

Subscribe to our WhatsApp Alerts

WhatsApp Enter your name and press the WhatsApp icon
Quick BuzzQuick Buzz
  • Tencent, Chinese tech giant has bought 12 percent of Snap’s share
  • Instagram continues Snapchat assault, lifts 24 hour limit on Stories clone
  • Snapchat Redesign to Launch on December 4, New UI Detailed
  • Facebook tests fighting revenge porn by asking users to file nude photos first
  • Kids have sent more than 65,000 smartphone messages by the time they’re 14 in UK
  • Indonesia warned the WhatsApp about the sexual content and threaten to block the app in the country.
  • Snapchat shared its Q3 earnings and the figures are lesser than what company expected.
  • Facebook has almost 60 million fake accounts on the platform says the company itself.
  • Google pulled off the fake WhatsApp Update from the Play Store after it hits 1 million downloads.
  • Instagram is testing stop-motion camera feature for stories
  • Now you can schedule live streaming on YouTube mobile app
  • Sony adds it's Xperia assistance app to the Google Play Store
  • Microsoft added new design to Skype for desktop and mobile apps
  • Celebrity mobile apps target 60 million smartphone users in the Philippines
  • Google Play Protect failed miserably in a recent test by a German software testing laboratory.

Shortlist, compare and
hire the best
mobile app partner!

Find Now

mobile app industry

advertisement