Last week we published our first research infographic on trading activities in buy and sell groups on Facebook. Today it’s time to look at the results of week #2. If you have seen our last infographic, you will find this week’s one to be very similar.
48 items more being posted (+20%)
$8 less in average item price (-1.5%)
10 more inquiries posted (+3.5%)
499 more members trading (+1%)
So over this very short period of 1 week we already saw an increase in the number of items that are being traded while the average price fell slightly and the number of total inquiries increased moderately at an increasing number of members in such Facebook groups.
These findings look very promising and we are confident our swapit will app will penetrate that market with huge success. Since we launched our public beta a week ago, our user base is growing rapidly as well.
If you haven’t used swapit yet, you can get it right here at: http://swapit.la
The content in this article and its infographic is based on research done by Kevin Hsu of the swapit team.