Mobile

Watch out Craigslist: ShopSavvy launches Savvylistings, a dead simple mobile marketplace

Even with the advent of online marketplaces like eBay and Craigslist, it’s far too easy to accumulate junk that you’d be better off selling. Now there’s an easier way to sell your aging and neglected collection of vintage records.

ShopSavvy, maker of the popular mobile bar code scanning apps, is today announcing SavvyListings, a service that will let you offer anything for sale simply by scanning a bar code. Afterwards, you only need enter the price (ShopSavvy offers recommendations for prices of similar products in your area) and product condition to make it available to the company’s 20 million users. There’s no need to add a lengthy description or product photos.

Adding the ability to sell items right from within the ShopSavvy app was one of the company’s most request features, co-founder and CEO Alexander Muse told VentureBeat in an interview. Coming hot off a recent funding round of $7 million and a major app update, Muse said that the company wanted to deliver a valuable new feature to tide over users as it worked on tablet and web versions of ShopSavvy.

The new service shows that ShopSavvy still has plenty of room to grow and experiment — not bad for something that started out as a fairly simple Android app. Now ShopSavvy is one of the most widely used shopping comparison apps around.

The first iteration of SavvyListings functions like a mobile-focused version of Craigslist, as Muse describes it. The service focuses on local interactions, since it’s far easier to sell things to people who live nearby, and it also offers an obfuscated way for buyers and sellers to communicate. Best of all, ShopSavvy is offering the service completely for free, and it won’t be taking any fees from transactions.

Muse says the company is also working on adding product buyback capabilities to SavvyListings eventually, so if nobody wants to buy your iPhone at your set price, you’ll be able to sell it back to the manufacturer or a gadget reseller right from within the app for less. The company has formed an agreement with the same firm that powers the popular reseller Gazelle, which means the buyback feature will likely function smoothly once implemented.

Eventually, Muse says that SavvyListings will be able to complete the entire transaction from within the app.

ShopSavvy has offices in San Francisco, Calif. and Dallas, Texas, and has thus far raised a total of $11.5 million. It’s most recent funding round was notably led by Facebook co-founder Eduardo Saverin.


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