The team has been working hard to add a few new features that are active on the site now! Here's a quick overview of the newest tools and features.
Sellers can list fixed priced items
A buyer on the marketplace can instantly buy products that are listed
Market Stalls - see all your active auctions and items for sale
Items are priced in dollars but final payment is completed in bitcoin between buyer and seller
To use this feature of fixed priced items sellers/listers will need to provide an XPUB for their account
Sales History
In progress: Wordpress Plugin is in the works!
The new tools that our team has rolled out enable you, the seller, to take a step further to build the bitcoin peer-to-peer economy. Plebeian Market is building bridges to help facilitate the e-commerce movement on Lightning and Bitcoin network from the dollar fiat world.
FIXED PRICED ITEMS
Sellers can list fixed priced items, this new feature will allow a seller to list multiple products and build a market stall with a variety of items that a buyer can purchase instantly.
This is now active on the site, sellers will need to provide an XPUB for their account under settings. Plebeian Market uses your XPUB to generate addresses for your payment. We strongly suggest seller use a separate wallet for Plebeian Market.
The XPUB will generate addressed for your payment for the items you are listing. This is needed because it's acting like a store now. So when a buyer places an order the address that generates will accept the payment and trigger the order.
Your items will be listed on the site in dollars but the final payment will be in bitcoin. Plebeian Market does not handle the funds. Payment in settled between buyer and seller, p2p.
How to list a new “fixed price” item:
Login into your account
Under Account Settings enter in XPUB of the wallet you would like to funds to go to and save.
Click on "My Stall" to view your market stall.
To add a new item to your stall, click "New"
Fill in the information regarding the item you are selling.
Note the price will be displayed in dollars as most people are thinking in dollar terms. Sats amount is indicated below.
Enter the quantity available.
Include postage and shipping information, if available.
Click Save
If you have not entered your XPUB, you will not be able to save the item
Create your Tweet and attach pictures:
We suggest using 4 images and remember to put the best image 1st.
A tweet will activate the item for sale on your market stall.
Now your Fixed Price/Buy Now items is active.
Monitor your sales and notifications.
Sellers still need to "publish a tweet" to list the item, as the pictures are pulled from twitter. The items will be active on the marketplace. We will never touch your money. Plebeian Market does monitor the address and provide the buyer and seller with TXIDs.
Sellers will see all their active and past sale history on the "My Stalls" Page now.
New "My Sales" section shows the sales history for the account which can be exported to a csv file.
On the auction side:
Starting Price: for the seller, if a seller doesn't want to accept anything less than a certain amount they put in the starting price and that is shown publicly.
Reserve Price: can be used to allow action to happen below the price and get people involved and tempts them into placing a bid.
Market your Auction: The best way to get more engagement on your auctions is to tweet about it! If you have some more pictures or story behind your product, use it to sell it! The more eyeballs on your auctions the potential bids and buyers.
Just remember the marketplace isn't just for artists, it’s for anyone and everyone with an item they want to sell! Everything about this project is designed by plebs for plebs!
You can find us on Telegram or email us at support@plebeian.market if you have any questions.
Happy Trading!