Largest Number of People Ever Making Money Trading On Social Networking Sites
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 meant that you didn’t have to have you own physical shop to make money buying and selling, and people could find items online that they may not have been able to find elsewhere. Ebay is still going strong but now with the rise in social media sites such as Facebook, Twitter and MySpace, the online trading markets are stronger than ever.
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. Being able to advertise online is nothing new however and sites like Gumtree and Craig’s List have done very well through allowing people to do this, but they find themselves struggling to compete against the newer socially-led networking sites. They encourage a more discerning buying process whereby you can do some background research on the seller, request more information, or even ask the opinion of some experts in the field. 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