Facebook Marketplace is more than a hobby, it's a lifestyle
Today, I beat my own Facebook Marketplace personal best.
I have been on the hunt for a sofa bed for more than two months. I have been bitterly disappointed by the options Brisbane and surrounding regions have been serving up.
Futons for 500?
A fold out bed with more stains than my high school reputation?
Absolute shit, until today.
I opened my eyes this morning and did my daily scroll of the market, when I laid my eyes on her.
She was $200.
I googled the product online, she was bought last year for $2600.
Rich people wanting to rid themselves of near perfect products, my Facebook Marketplace specialty.
Facebook Marketplace is a treasure trove of weird antiques and lowball offers. It blows Gumtree out of the water. The absolute ecstasy that one can feel from making a profit from a sale or confirming a lowball offer on an item that is only 4.5 hours drive away and is thus more expensive than going to your local Kmart and buying it new, there's truly nothing quite like it.
I've sold more than a hundred books, twelve dresses, three wardrobes and a mug in the shape of a toilet online. I consider myself an expert of the Facebook Marketplace grind and here are my top four tips for cutting through the noise and succeeding in your online buy, swap and sell.
1. When considering the price you'd accept for your product, add 20%.
Every single person will lowball you. If you add 20% to the price, I guarantee your first wave of offers will meet your needs with ease. Always enter a sale with a hard bar on your absolute lowest price. Don't move.
2. ALWAYS find the product and it's purchase price online
If they're asking for more than two-thirds of the in-store price for a product more than a year old, it's a no from me. We are here to bargain hunt. Honestly, Marketplace purchases can result in difficult stairs to carry bulky items down, travel costs, a difficult seller, WHO KNOWS, the bargain is partially present because of the unpredictability of collection. It's a used product, do your research and don't be duped.
3. Seek out bulk postings
Deals of the century are often found on move-out sale posts. I sniff out a garage sale on Marketplace faster than my mum sniffed out my alcohol drawer in my childhood bedroom. These bargain cities usually have a large list of items with very clear 'ONO' statements. 'Or Nearest Offer' is the equivalent of, 'I love you' in the FB world.
4. Broken products are a girls best friend
We bought a Dyson vacuum for $60 last month, it had a broken battery. After minimal research, we discovered the battery cost a whopping thirty five bucks. After replacing that bad boy we put it straight on the market and earned a cool $200. The new owners are still scoring an excellent deal and I feel like the tinkerer of the century.