3 Life Lessons I've Learned from Facebook Marketplace

In this video, I'm going to share with you three life lessons that I've learned from Facebook Marketplace, being both a buyer and a seller on the platform.

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0:00 - Introduction to 3 Life Lessons I've Learned from Facebook Marketplace

0:44 - Lesson #1: People are fickle.

If you've ever sold more than five things on Facebook Marketplace, you know what I mean by this statement. People are more than willing to initially reach out to you, talk a big game in terms of how interested they are in buying something from you, and then never actually meet up to do the sale.

People change their mind all the time. And it's something that you need to get used to in terms of people having a change of heart and just never actually making a deal go through.

So feel free to talk to as many buyers or sellers, depending on which side of the marketplace that you're on when it comes to selling and buying on Facebook Marketplace.

1:47 - Lesson #2: People generally don't like to read.

It is not uncommon for you to get messages on Facebook Marketplace that literally ask you questions that are already answered in your listing.

I know it's super annoying, but it's also not uncommon. It's no surprise to me as to why people get in trouble because they never read the fine print of contracts that they signed just based off of the behavior that I've seen of people on Facebook Marketplace.

So what does this mean to you if you are a seller on Facebook Marketplace?

It means that you should always make sure that you're listing is written to be super readable. Write in bullet points instead of paragraph format and also write in ways in which the listing description actually gives more benefits to the reader, as opposed to just listing out random features that you think might be relevant to the buyer.

2:51 - Lesson #3: The majority of people are good.

I think when it comes to using online platforms like Facebook Marketplace, there's always a general hesitation from both the buyer and the seller to make a deal happen, especially in the case where you don't know the background of the potential person you're doing business with.

Taking a step back, I think that this takeaway largely applies to most things in life in that you can apply it to any app when you've ever done anything in person.

It's just in general, a human nature response. But in most situations, I like to think that people are good on these platforms.

4:10 - Two Big Takeaways to Remember:
1. Facebook Marketplace is a good mere reflection of broader parts of society.
2. If you want to sell more things on Facebook Marketplace, you need to keep things super simple. The simpler and more clear your listing is the faster you will sell an item on Facebook Marketplace.

✍️ COMMENT BELOW:

What is something that you have learned from Facebook Marketplace?

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Grow with Will is all about helping you grow your business, get more customers, and hone your business acumen. I teach you the real-world business skills you didn't learn in school to help take you from zero to self-starter.

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Disclaimer: Grow with Will does not provide tax, legal, or accounting advice. This video, and the ideas presented in it, are for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice.