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Instagram takes 5% of the sale straight off the top
I never thought to look it up (since I don't use Instagram) but there is a way to set up a shop in Instagram and THAT is where Meta gets their cut.
All these years, I thought it was like some sort of Craigslist deal where people would advertise there but deal with payments in other ways. Oops.
All good. I do a lot of buying/selling of video game consoles and parts so I have a little more knowledge of these platforms than most.
The funny thing is Facebook marketplace is truly a Craigslist 2.0. It’s generally a great experience. I hate that zuck has control of it and I’m sure enshitification will hit it soon enough
I have always liked the concept of Facebook Marketplace, but the fact it was a Meta product made me not use it. The unfortunate side effect to Facebook Marketplace taking off was that Craigslist got a lot less listings. LetGo was pretty good for a while but OfferUp bought them and I haven't found any alternative quite as good since.
Doubly frustrating since Facebook is also the hub for many Buy Nothing groups. Oh well.
Yeah I really avoid it where I can and keep it as a marketplace of last resort - especially for local purchases where i can meet the person and pay cash and never use their platform for the actual commerce. Still, I want it to be 0% lol