What Does OBO Mean On Facebook?

It means “or best offer.

Best offer on Facebook Marketplace means that the seller has set a price for their item, but is willing to accept a better offer from a buyer.

Yes, you can get scammed on Facebook Marketplace. Be very careful when buying or selling items on the platform. Only deal with people you know and trust, and never send money or personal information to someone you don’t know. If something seems too good to be true, it probably is.

Lowballing on Facebook Marketplace is a great way to get a good deal on an item. To lowball, simply offer a price that is lower than the asking price. Be sure to be polite and respectful when doing so.

There’s no one-size-fits-all answer to this question, as the profitability of selling on Facebook Marketplace will vary depending on what you’re selling and your target market. However, if you have a product that’s popular and in high demand, Facebook Marketplace could be a great way to reach a large number of potential buyers. Keep in mind that you’ll need to invest time and effort into creating an effective marketing strategy for your products if you want to see results.

It’s up to you whether or not to give out your address on Facebook Marketplace. Some people feel more comfortable doing so because it can help build trust with potential buyers, while others prefer to keep their addresses private. Whatever you decide, be sure to take precautions to protect your personal information.

There are a few things you can do to vet a Facebook Marketplace seller before you buy from them. First, check to see if they have a verified profile. This means that Facebook has confirmed that the person is who they say they are. You can also look at the reviews that other people have left for the seller to get an idea of their reputation. Finally, ask the seller questions about the product they’re selling to make sure they know what they’re talking about.

You do not have to pay tax if you sell on Facebook, but you may have to pay tax if you earn income from Facebook. Income from Facebook can be considered taxable income, depending on your country’s laws.

Yes, Facebook Marketplace does take a cut. When you sell an item on Marketplace, Facebook takes a fee of $5 plus 5% of the sale price.

There’s no one definitive answer to this question. It depends on a variety of factors, including the reputation of the seller, the condition of the item being sold, and how much you trust the person you’re buying from.
That said, Facebook Marketplace can be a great way to find bargains on used items, and most transactions go smoothly. Just be sure to take precautions before finalizing any deals, like checking reviews of the seller and inspecting the item closely before paying.

There is no one-size-fits-all answer to this question, as the best day to post on Marketplace may vary depending on your product or service. However, some tips to consider include posting on a day when there is less competition (such as a Tuesday or Wednesday), targeting your audience with relevant ads, and using effective keywords in your post.