Hashbag's Marketplace Service Identifies Items for Sale on Instagram
Laura McQuarrie — October 19, 2013 — Social Media
The 'Hashbag' marketplace service notes that annually, "over 2 million pictures are posted to Instagram with the hashtag #forsale." Hashbag collects these tagged images and makes it easy to search by hashtag on its website for a specific item.
The service is like a hybrid of Craigslist and Instagram, which helps to connect buyers and sellers. Since the basis of Instagram is visual, this is a great way to sell. Finds in the Hashbag marketplace include everything from furniture to art, shoes and even homemade items.
After signing up for Hashbag and hashtagging a photo with "forsale," Hashbag sends an email to ask the price you would like to sell your item at. Payments and shipments can be conducted through PayPal, which makes the process even easier.
The service is like a hybrid of Craigslist and Instagram, which helps to connect buyers and sellers. Since the basis of Instagram is visual, this is a great way to sell. Finds in the Hashbag marketplace include everything from furniture to art, shoes and even homemade items.
After signing up for Hashbag and hashtagging a photo with "forsale," Hashbag sends an email to ask the price you would like to sell your item at. Payments and shipments can be conducted through PayPal, which makes the process even easier.
Trend Themes
1. Visual-based Online Marketplaces - Creating online marketplaces that utilize visual elements, like photos, to connect buyers and sellers.
2. Hashtag Shopping - Developing platforms or services that enable users to search for and purchase items through hashtags on social media.
3. Hybrid E-commerce Platforms - Integrating features of different online marketplaces, such as Craigslist and Instagram, to provide a unique buying and selling experience.
Industry Implications
1. E-commerce - Implementing photo-based retail services within e-commerce platforms to enhance the visual shopping experience.
2. Social Media - Leveraging social media platforms to create innovative shopping solutions based on visual content and hashtags.
3. Payment Processing - Developing seamless payment solutions, like PayPal integration, to facilitate transactions within online marketplaces.
3.1
Score
Popularity
Activity
Freshness
