Brent Freeman says, “Circumstances dictate actions, right? Well, that’s especially true in the ecommerce field. By most standards, ecommerce is a young industry. but as the option goes deeper into its 40s in 2017, the slightest hint of an unfamiliar hue turns the dye a completely different color.

The reference is to the Indian marketplace. That country’s emergence in the ecommerce marketplace has it set to overtake the United States in less than two decades, with “digital” sales expected to reach $63.7 billion by 2020.

This offers American ecommerce companies a big opportunity to start exploring more international waters. Amazon has already dipped its toe in — and a big toe, at that — by investing another $3 billion on top of the $2 billion it’s already spent on its Indian unit.

Enter Facebook Marketplace, described at its October launch as “a convenient destination to discover, buy and sell items.” With Facebook Marketplace, the potential for independents to take more sales activities overseas and grab a chunk of that potential business grows exponentially. So far, this new functionality is available only in the United States, U.K., Australia and New Zealand, but it could roll out globally if interest catches on”.

Will Facebook Marketplace Be the Next Ecommerce Heavyweight?

Entrepreneur

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