Latest / Omni Talk Retail / Fast Five Shorts | Ebay To Sell Via Facebook Marketplace

Transcript

Fast Five Shorts | Ebay To Sell Via Facebook Marketplace · Omni Talk Retail

• 0:00
  Ebay
• 0:00
  shares
• 0:01
  soared
• 0:02
  last
• 0:02
  week
• 0:02
  after
• 0:02
  Meta
• 0:03
  allowed
• 0:03
  listings
• 0:03
  on
• 0:04
  Facebook's
• 0:04
  Marketplace
• 0:05
  in
• 0:05
  the
• 0:05
  US
• 0:05
  and
• 0:05
  Europe.
• 0:06
  According
• 0:06
  to
• 0:06
  CNBC,
• 0:07
  shares
• 0:07
  of
• 0:07
  eBay
• 0:07
  jumped
• 0:08
  9%
• 0:08
  on
• 0:08
  Wednesday
• 0:09
  as
• 0:09
  Meta
• 0:09
  said
• 0:10
  it
• 0:10
  will
• 0:10
  allow
• 0:11
  some
• 0:11
  listings
• 0:11
  to
• 0:12
  show
• 0:12
  up
• 0:12
  on
• 0:12
  Facebook
• 0:13
  Marketplace.
• 0:13
  The
• 0:13
  rollout
• 0:14
  will
• 0:14
  begin
• 0:14
  with
• 0:15
  a
• 0:15
  test
• 0:15
  in
• 0:15
  Germany,
• 0:16
  France,
• 0:16
  and
• 0:16
  the
• 0:17
  U.S.
• 0:17
  the
• 0:18
  partnership
• 0:18
  could
• 0:18
  provide
• 0:19
  a
• 0:19
  boost
• 0:19
  to
• 0:19
  ebay's
• 0:20
  marketplace
• 0:20
  business,
• 0:20
  which
• 0:21
  has
• 0:21
  struggled
• 0:21
  to
• 0:21
  compete
• 0:22
  with
• 0:22
  e
• 0:22
  commerce
• 0:22
  rivals
• 0:23
  like
• 0:23
  Amazon,
• 0:23
  Walmart,
• 0:24
  and
• 0:24
  Temu.
• 0:25
  Chris,
• 0:25
  do
• 0:25
  you
• 0:26
  agree
• 0:26
  with
• 0:27
  the
• 0:27
  market's
• 0:27
  reaction
• 0:27
  to
• 0:28
  ebay
• 0:28
  selling
• 0:29
  through
• 0:29
  Facebook
• 0:30
  Marketplace?
• 0:31
  Yeah,
• 0:31
  I
• 0:32
  do.
• 0:32
  Yep.
• 0:33
  A
• 0:33
  hundred
• 0:33
  percent.
• 0:33
  I
• 0:33
  do.
• 0:34
  I
• 0:34
  don't
• 0:34
  have
• 0:34
  a
• 0:34
  lot
• 0:35
  to
• 0:35
  say
• 0:35
  on
• 0:35
  this
• 0:35
  one
• 0:35
  either.
• 0:35
  I'm
• 0:35
  going
• 0:36
  to
• 0:36
  keep
• 0:36
  it
• 0:36
  quick
• 0:36
  and
• 0:36
  turn.
• 0:37
  Turn
• 0:37
  the
• 0:37
  microphone
• 0:37
  over
• 0:38
  to
• 0:38
  you.
• 0:38
  But
• 0:38
  I
• 0:39
  think
• 0:39
  it's.
• 0:39
  I
• 0:39
  think
• 0:39
  this
• 0:39
  is
• 0:39
  a
• 0:40
  really
• 0:40
  smart
• 0:40
  move
• 0:40
  on
• 0:40
  both
• 0:41
  sides.
• 0:41
  I
• 0:41
  think,
• 0:42
  you
• 0:42
  know,
• 0:42
  on.
• 0:43
  On
• 0:43
  ebay
• 0:43
  side,
• 0:43
  it
• 0:43
  extends
• 0:44
  their
• 0:44
  reach
• 0:44
  very
• 0:45
  nicely.
• 0:46
  And
• 0:46
  for
• 0:47
  Facebook
• 0:47
  Marketplace,
• 0:48
  too,
• 0:48
  I
• 0:48
  think
• 0:48
  it
• 0:49
  brings
• 0:49
  more
• 0:49
  trust
• 0:49
  and
• 0:50
  credibility
• 0:50
  to
• 0:50
  the
• 0:51
  platform.
• 0:51
  And
• 0:51
  me
• 0:52
  too.
• 0:52
  And
• 0:52
  also
• 0:52
  you
• 0:52
  get
• 0:53
  additional
• 0:53
  items
• 0:53
  too,
• 0:54
  which
• 0:54
  a
• 0:54
  marketplace
• 0:55
  having
• 0:56
  additional
• 0:56
  items
• 0:56
  and,
• 0:57
  you
• 0:57
  know,
• 0:57
  catches
• 0:58
  more
• 0:58
  people,
• 0:58
  catches
• 0:58
  more
• 0:59
  eyeballs.
• 0:59
  So
• 0:59
  I
• 0:59
  think
• 0:59
  it's
• 1:00
  clearly
• 1:00
  a
• 1:00
  case
• 1:00
  of
• 1:00
  one
• 1:01
  plus
• 1:01
  one
• 1:01
  equals
• 1:01
  three
• 1:02
  in
• 1:02
  my
• 1:02
  mind.
• 1:02
  I
• 1:02
  think
• 1:02
  this
• 1:02
  is
• 1:03
  really
• 1:03
  smart.
• 1:03
  Yeah,
• 1:04
  I
• 1:04
  agree.
• 1:04
  I
• 1:04
  think
• 1:05
  this
• 1:05
  opportunity
• 1:06
  really
• 1:06
  has
• 1:06
  legs,
• 1:07
  especially
• 1:07
  to,
• 1:08
  I
• 1:08
  guess,
• 1:09
  bring
• 1:09
  people
• 1:09
  back
• 1:10
  to
• 1:10
  ebay.
• 1:11
  I
• 1:11
  don't
• 1:11
  know
• 1:11
  if
• 1:11
  that
• 1:12
  makes
• 1:12
  sense,
• 1:12
  but,
• 1:12
  like,
• 1:13
  I
• 1:13
  think
• 1:14
  as.
• 1:14
  As
• 1:14
  consumers,
• 1:15
  like,
• 1:15
  or
• 1:15
  introduce,
• 1:16
  even,
• 1:16
  like.
• 1:16
  I
• 1:16
  still
• 1:17
  don't
• 1:17
  really
• 1:17
  ever
• 1:17
  use
• 1:17
  ebay.
• 1:18
  I've
• 1:18
  never
• 1:19
  really
• 1:19
  used
• 1:19
  it.
• 1:19
  Exactly,
• 1:20
  though.
• 1:20
  Exactly.
• 1:20
  And
• 1:21
  again,
• 1:21
  this
• 1:21
  gets
• 1:22
  back
• 1:22
  to,
• 1:22
  like,
• 1:22
  the
• 1:22
  search
• 1:23
  game
• 1:23
  that
• 1:23
  we
• 1:23
  were
• 1:23
  talking
• 1:24
  about
• 1:24
  with
• 1:24
  Best
• 1:24
  Buy's
• 1:25
  Marketplace.
• 1:25
  Like,
• 1:26
  you,
• 1:26
  it.
• 1:26
  If
• 1:27
  I'm
• 1:27
  going
• 1:27
  on
• 1:27
  Facebook
• 1:28
  Marketplace,
• 1:28
  which
• 1:28
  is
• 1:29
  widely
• 1:29
  used
• 1:30
  now
• 1:30
  by
• 1:30
  so
• 1:31
  many
• 1:31
  people
• 1:31
  to
• 1:31
  find
• 1:32
  everything
• 1:32
  from
• 1:32
  furniture
• 1:33
  to
• 1:33
  collectibles,
• 1:34
  you
• 1:34
  name
• 1:34
  it.
• 1:35
  You
• 1:35
  know,
• 1:35
  to
• 1:35
  be
• 1:36
  able
• 1:36
  to
• 1:36
  have
• 1:37
  ebay's
• 1:38
  items
• 1:38
  plugged
• 1:38
  in
• 1:38
  like
• 1:39
  that,
• 1:39
  this
• 1:39
  is
• 1:39
  already
• 1:39
  happening
• 1:40
  so
• 1:40
  much.
• 1:40
  Like,
• 1:41
  I
• 1:41
  don't
• 1:41
  know
• 1:41
  how
• 1:41
  much
• 1:41
  time
• 1:41
  you
• 1:41
  spend
• 1:42
  at
• 1:42
  Facebook
• 1:42
  Marketplace,
• 1:43
  but
• 1:43
  I
• 1:43
  go
• 1:44
  there
• 1:44
  first
• 1:44
  for
• 1:45
  most
• 1:45
  things.
• 1:46
  As
• 1:46
  little
• 1:46
  as
• 1:46
  possible
• 1:47
  ad
• 1:47
  as
• 1:48
  little
• 1:48
  as
• 1:48
  possible.
• 1:49
  Fair,
• 1:49
  fair.
• 1:50
  I
• 1:50
  go
• 1:50
  there
• 1:50
  for
• 1:51
  most
• 1:51
  things,
• 1:51
  especially,
• 1:51
  you
• 1:52
  know,
• 1:52
  having
• 1:52
  just.
• 1:52
  I
• 1:53
  know
• 1:53
  you
• 1:53
  do.
• 1:53
  And
• 1:54
  so
• 1:55
  I'm
• 1:55
  telling
• 1:55
  you,
• 1:55
  there's
• 1:56
  already
• 1:56
  people
• 1:57
  who
• 1:57
  are,
• 1:57
  you
• 1:57
  know,
• 1:57
  doing
• 1:58
  palms.
• 1:58
  Have
• 1:58
  you
• 1:59
  heard
• 1:59
  that?
• 1:59
  That
• 1:59
  acronym,
• 2:00
  like
• 2:00
  palms
• 2:01
  posted
• 2:01
  on
• 2:01
  multiple
• 2:02
  sites.
• 2:02
  So,
• 2:03
  like,
• 2:03
  already
• 2:04
  posted
• 2:04
  on
• 2:05
  multiple
• 2:05
  sites.
• 2:05
  So,
• 2:05
  like,
• 2:06
  you.
• 2:06
  The
• 2:06
  person
• 2:06
  is
• 2:07
  posting
• 2:07
  it
• 2:07
  on
• 2:07
  Facebook
• 2:08
  Marketplace,
• 2:08
  but
• 2:08
  they're
• 2:09
  also
• 2:09
  posting
• 2:09
  it
• 2:09
  on
• 2:09
  Craigslist.
• 2:10
  They're
• 2:10
  also
• 2:10
  posting
• 2:10
  it
• 2:11
  on
• 2:11
  ebay.
• 2:11
  They're
• 2:11
  also
• 2:12
  posting
• 2:12
  like,
• 2:12
  this
• 2:13
  is
• 2:13
  already
• 2:13
  happening.
• 2:14
  Think
• 2:14
  of
• 2:15
  all
• 2:15
  of
• 2:16
  the
• 2:16
  products
• 2:17
  you
• 2:17
  could
• 2:17
  have
• 2:17
  access
• 2:17
  to.
• 2:18
  If
• 2:18
  you're
• 2:18
  just
• 2:19
  uploading
• 2:19
  all
• 2:19
  of
• 2:20
  your
• 2:20
  stuff
• 2:20
  now
• 2:20
  to
• 2:20
  ebay
• 2:21
  and
• 2:21
  it's
• 2:21
  just
• 2:21
  being
• 2:21
  shot
• 2:22
  out,
• 2:22
  it's
• 2:22
  like
• 2:22
  podcasting.
• 2:23
  Like,
• 2:23
  you
• 2:23
  put
• 2:24
  your.
• 2:24
  You
• 2:24
  upload
• 2:24
  your
• 2:25
  one
• 2:25
  piece
• 2:25
  of
• 2:25
  media
• 2:26
  and
• 2:26
  now
• 2:26
  you
• 2:26
  can
• 2:26
  put
• 2:27
  it
• 2:27
  out
• 2:27
  to
• 2:27
  all
• 2:27
  these
• 2:28
  channels
• 2:28
  where
• 2:28
  all
• 2:28
  these
• 2:28
  people
• 2:29
  can
• 2:29
  find
• 2:29
  you.
• 2:29
  Like,
• 2:30
  it'
• 2:30
  Brilliant.
• 2:30
  It
• 2:30
  just
• 2:31
  makes
• 2:31
  so
• 2:32
  much
• 2:32
  sense.
• 2:32
  Ebay's
• 2:33
  already
• 2:33
  got
• 2:34
  this
• 2:34
  whole
• 2:34
  system
• 2:35
  locked
• 2:35
  in
• 2:35
  and
• 2:35
  ready
• 2:36
  to
• 2:36
  go,
• 2:36
  and
• 2:36
  you
• 2:36
  already
• 2:37
  have
• 2:38
  easier
• 2:38
  accessibility
• 2:39
  to
• 2:39
  things
• 2:39
  like
• 2:40
  shipping
• 2:40
  and
• 2:40
  shipping
• 2:41
  labels,
• 2:41
  taking
• 2:41
  that
• 2:42
  work
• 2:42
  out
• 2:42
  of
• 2:42
  it
• 2:42
  for
• 2:42
  you.
• 2:43
  So
• 2:43
  I
• 2:43
  think
• 2:43
  the
• 2:44
  most
• 2:44
  important
• 2:44
  thing
• 2:44
  here
• 2:45
  is
• 2:45
  just,
• 2:45
  you
• 2:45
  know,
• 2:46
  making
• 2:46
  sure
• 2:46
  that
• 2:46
  that
• 2:46
  infrastructure
• 2:47
  is
• 2:47
  in
• 2:47
  place
• 2:47
  so
• 2:47
  that
• 2:48
  the
• 2:48
  customer
• 2:48
  experience
• 2:49
  is
• 2:49
  seamless,
• 2:50
  because
• 2:50
  people
• 2:51
  are
• 2:51
  going
• 2:51
  to,
• 2:52
  you
• 2:52
  know,
• 2:52
  be
• 2:52
  one
• 2:53
  and
• 2:53
  done
• 2:53
  with
• 2:53
  this
• 2:53
  if
• 2:54
  it's
• 2:54
  not
• 2:54
  working
• 2:55
  the
• 2:55
  right
• 2:55
  way
• 2:56
  the
• 2:56
  first
• 2:56
  time.
• 2:57
  So
• 2:57
  that's
• 2:58
  the
• 2:58
  only
• 2:58
  thing
• 2:58
  that
• 2:58
  I
• 2:58
  think
• 2:58
  is
• 2:59
  the
• 2:59
  watch
• 2:59
  out
• 2:59
  here
• 2:59
  is.
• 3:00
  Is
• 3:00
  people
• 3:00
  get
• 3:01
  angry
• 3:01
  on
• 3:01
  those
• 3:01
  Facebook
• 3:02
  groups.
• 3:02
  We
• 3:02
  were
• 3:02
  talking
• 3:03
  about
• 3:03
  that
• 3:03
  at
• 3:03
  dinner
• 3:03
  yesterday.
• 3:04
  Yeah,
• 3:04
  those
• 3:04
  Facebook
• 3:05
  groups
• 3:05
  look
• 3:05
  out,
• 3:05
  especially
• 3:06
  those
• 3:06
  Facebook
• 3:07
  bomb
• 3:07
  groups.
• 3:07
  They
• 3:08
  get
• 3:08
  a
• 3:08
  hold
• 3:08
  of
• 3:09
  something,
• 3:09
  they're
• 3:09
  going
• 3:09
  to
• 3:09
  tear
• 3:09
  it
• 3:10
  apart.
• 3:10
  Yeah.
• 3:11
  Oh,
• 3:11
  my
• 3:11
  God.
• 3:11
  I
• 3:11
  did
• 3:11
  make
• 3:12
  some
• 3:12
  notes
• 3:12
  for
• 3:12
  you,
• 3:12
  Chris,
• 3:13
  on
• 3:13
  other
• 3:13
  things
• 3:13
  that
• 3:13
  they're
• 3:14
  talking
• 3:14
  about.
• 3:14
  Handyman
• 3:15
  recommendations.
• 3:16
  There's
• 3:16
  a
• 3:16
  lot
• 3:17
  of
• 3:17
  things
• 3:17
  we
• 3:17
  can
• 3:17
  talk
• 3:17
  about.
• 3:18
  Oh,
• 3:18
  God.
• 3:18
  I
• 3:19
  don't.
• 3:19
  I
• 3:19
  don't
• 3:19
  even
• 3:19
  want
• 3:20
  to
• 3:20
  know.
• 3:20
  I
• 3:20
  don't
• 3:21
  even
• 3:21
  want
• 3:21
  to.
• 3:21
  Maybe
• 3:21
  I
• 3:22
  do,
• 3:22
  but
• 3:22
  I
• 3:22
  don't.
• 3:22
  I
• 3:22
  don't,
• 3:23
  but
• 3:23
  I
• 3:23
  do.
• 3:23
  Yes.
• 3:23
  That's
• 3:24
  the
• 3:24
  power
• 3:24
  of
• 3:24
  social
• 3:25
  media.
• 3:25
  You
• 3:25
  don't
• 3:25
  want
• 3:25
  to
• 3:26
  know,
• 3:26
  but
• 3:26
  you
• 3:26
  really
• 3:26
  do.
• 3:27
  Right?