Facebook Marketplace Terms in 2024
Do you ever get confused by the terms you see on Facebook or Facebook Marketplace? No problem, learning these terms will make using Facebook easier and more enjoyable. It will allow you to connect with friends, buy items, and have a good time on Facebook! This guide will look at some terms and phrases you might have seen when using Facebook and its marketplace. Let us dig in and learn together.
What Does OBO Mean on Facebook?
Let’s start with the term ‘OBO.’ OBO means “Or Best Offer.” It shows that the seller is open to accepting offers other than the specified price for the offered item. This allows buyers to negotiate and make offers that they believe are reasonable. S, when you see “OBO” on a listing, it suggests you can try to negotiate a price that is reasonable for both you and the seller.
Meaning of Some Other Common Facebook Marketplace Terms
Here are some common terms used on Facebook marketplace and their meaning:
- Meaning of PPU
Have you ever wondered what does ppu mean on Facebook marketplace? “PPU” is another term that means “Pending Pick-up.” It shows that someone has actually agreed to pick up the item, but the transaction has not yet been completed.
This prevents other possible buyers from attempting to claim the item while the seller arranges for pickup. If the original arrangement fails, the seller can remove the “PPU” category and make the item available again.
- Meaning of ISO
Now let’s talk about what does ISO mean on Facebook. “ISO” is a term used on the Facebook marketplace which means “In Search Of.” It is used by people who are looking for a specific item or service. It is used for people who want to see if anyone in their network or group has the specified item.
Someone can post “ISO: Good condition used furniture” to suggest that they want to get second-hand furniture. The term “ISO” helps to speed up the process of finding what you need by reaching out to a bigger audience that can have what you’re looking for.
Related Post: How to Get Unbanned From Facebook Marketplace?
- Meaning of Bump
Bump simply means to return a post to the top of the group’s feed or discussion board by commenting on it. When someone comments “bump” on their own or someone else’s post, it pushes the post back to the top of the feed and increases its visibility to other group members.
This is used to boost the exposure of a post that has gotten little attention. It can also remind others about an ongoing conversation or listing. Bumping can help to guarantee that the posts do not become lost in the group’s feed over time.
- Meaning of H/T
“H/T” or “h/t” stands for “hat tip,” . It is a gesture that recognizes someone for sharing or drawing attention to important material. It is a sort of credit given to the source or person who discovered the material. When people use “H/T” or “h/t,” they are saying “thanks for sharing” or “credit to.”
This technique promotes a sense of community by appreciating others’ accomplishments and promoting additional sharing and collaboration. It could be an informative article, a useful resource, or an entertaining post. Using “H/T” guarantees that credit is given where it’s due in the huge world of social media interactions.
- Meaning of F or Following
“F” or “Following” refers to the action of subscribing to someone’s profile or page to get updates in your news feed. When you follow someone, their posts, updates, and activities will appear in your news feed. This will let you stay up to date on their content without becoming friends with them.
People, organizations, and public figures use this function to reach a larger audience. This way they can keep their followers up to date on the most recent news, events, or developments. Following someone on Facebook allows you to stay connected and interested in their content without forming a relationship.
- Meaning of NWT
“NWT” means “New With Tags,” and “NWOT” means “New Without Tags.” These words define the state of an item for sale on Facebook Marketplace or other online marketplaces.
When an item is advertised as “NWT,” it means that it is brand new with all of its original tags on, suggesting that it has never been used or worn. On the other side, “NWOT” means that the item is brand new but does not have its original tags attached. This could indicate that the item was never used or worn, but the tags were removed for whatever reason.
Related Post: How to set Facebook Marketplace Local Only?
- Meaning of EUC
EUC means “Excellent Used Condition.” It is a term used to describe pre-owned things that are still in excellent condition despite having been used. Sellers use the term “EUC” to indicate that the item has been well-cared for, shows minimum signs of wear, and works perfectly.
This description gives buyers a better knowledge of the item’s condition. They can make an informed purchasing decision. It is used for clothing, electronics, or furniture. Things designated as “EUC” have excellent value because they keep quality while costing less than brand-new items.
What Are Facebook Viewpoints?
Facebook Viewpoints is a market research platform created by Facebook that allows you to complete surveys and studies in exchange for prizes. Facebook uses the Viewpoints app to gather user comments on a lot of topics, products, and services to enhance its platforms and offers.
Participants gain points for completing surveys, which can then be redeemed for cash prizes via PayPal. The program’s goal is to collect user insights directly to guide product development and improve user experience across Facebook’s app and service portfolio. By joining Facebook Viewpoints, you can contribute your thoughts and help determine the future of Facebook products.
How to Understand Facebook Marketplace Language?
Understanding Facebook Marketplace language is becoming difficult with the new terminology, abbreviations, and phrases used in listings and interactions. Here’s a how-to go through and understand Facebook Marketplace language:
1) Stay Updated and Adapt
Stay up-to-date with new Facebook Marketplace terms and language changes. As the platform matures, new acronyms and phrases can appear. Adapt to these changes by remaining informed and learning.
2) Explore Condition Descriptions
Learn about the different condition descriptors used in listings, including “New,” “Like New,” “Good Condition,” and “Fair Condition.” Knowing these descriptions will allow you to more correctly know about the condition of products.
3) Learn Transaction Terms
Familiarize yourself with transaction-related words, such as “Cross-Posted”, “Hold”, and “Sold Pending Pickup”. Understanding these words will allow you to study listings and transactions more effectively.
4) Understanding Negotiation and Pricing Language
Learn negotiation and pricing terms like “OBO” (Or Best Offer) and “Lowballing” (making excessively low offers). Knowing this will allow you to confidently negotiate prices and learn the intentions of others.
5) Prioritize Safety and Communication
Prioritize safety and communication while dealing with buyers and sellers. Create clear communication, set boundaries, and schedule meetings in safe public places. Be wary of such frauds and avoid disclosing important information.
6) Use Advanced Tips and Tricks
Learn advanced tips and tricks for enhancing your experience on Facebook Marketplace. This can include bundling products for sale, employing search filters to identify specific items, and narrowing search results with keywords.
Conclusion
Knowing the language people use on Facebook and Facebook Marketplace is important. It allows you to communicate with others and understand what they’re saying. Learning popular terms and phrases will help you communicate more effectively with people looking to buy or sell anything.
Understanding condition descriptions also allows you to determine what condition the products are in. It’s also important to stay safe and respectful when communicating with strangers online. As you continue to use Facebook and Facebook Marketplace, you will improve the words used by others and how to use them yourself.