Archive for the 'Rumor' Category

Rumor: Facebook to launch classifieds

Via Mashable, Facebook is surveying users on a proposed classifieds system. Free to post on your network and a small price to post on other networks ($0.50 to $5.00 in the the survey). Smart move to test the price elasticity pre-launch. This is another way Facebook is reaching out to users, something I recently talked about here and on VentureBeat.

I read an interesting article on OnoTech on the need for craigslist to innovate. It’s all the more important given this announcement. Facebook is the site for a healthy portion of America’s youth. If this service achieves a critical mass, craigslist (of which I am a huge fan) is no longer the classifieds site. Smart move by Facebook to keep users coming back. It makes perfect sense to slowly roll out services with real value to users.

More as it develops.