REFERENCE
The Marketplace flipping glossary.
The words resellers use for buying low and selling higher on Facebook Marketplace, in plain English.
Pricing and profit
- Flip
- Buying an item to resell it for more than you paid, after costs. Also the item itself: “that PS5 was a good flip.”
- Comps (sold comps)
- Recent sold prices for the same item in similar condition, used to estimate resale value. Asking prices aren't comps. Pounce's Auto pricing uses recent eBay sold comps on custom searches.
- ROI (return on investment)
- Profit divided by what you spent to acquire and prepare the item. $50 profit on a $100 buy is 50% ROI. Try the flip profit calculator.
- Margin
- Profit divided by the sale price. The same $50 profit on a $150 sale is a 33% margin.
- Spread
- The gap between the buy price and the realistic resale price, before costs.
- Buy target
- The most you'll pay for an item, usually set from comps and a target ROI or profit.
Negotiating and buying
- Lowball
- An offer below the asking price. A good one is specific, polite, and backed by a reason. See how to lowball on Marketplace.
- Ceiling (walk-away price)
- The highest price at which a deal still meets your target. The lowball offer calculator works it out.
- Counter
- The seller's reply to your offer with a different price.
- ISO
- “In search of”: a post from someone wanting an item, not selling one. Good filters drop ISO and “buying” posts from deal alerts.
- PPU
- “Pending pickup”: the seller has a buyer lined up but it isn't final yet.
- Private-party
- A sale by an individual rather than a dealer or business. Private-party vehicles are often where the spread is.
- Activation Lock
- Apple's anti-theft lock tied to the owner's Apple ID. A phone that's still locked is essentially unsellable. See flipping iPhones.
- Salvage or rebuilt title
- A vehicle title branded after major damage or an insurance total loss. It cuts resale value sharply. See flipping cars.
Tools and communities
- Cook group
- A paid community, usually on Discord, that shares monitors, release info, and deal alerts for resellers. Pokémon-focused restock groups often cost under $10 a month.
- AIO bot (retail bot)
- “All-in-one” checkout software that buys limited products from many online stores at once, such as Stellar AIO or Refract. Different from a Marketplace bot: it checks out at retailers rather than finding local listings. Pokémon bots compared, and Stellar vs. Refract.
- Proxy
- A different IP address your traffic is routed through. Retail bots use residential or ISP proxies so many tasks don't come from one connection.
- Monitor
- Software that repeatedly checks a site or search and alerts you to changes, such as new listings or restocks.
- Reseal
- A box that was opened, searched or swapped, and rewrapped to look factory sealed. Common with sealed Pokémon. How to spot one.
- Marketplace bot
- A catch-all term for software that automates parts of Facebook Marketplace buying: monitoring, filtering, pricing, messaging, or relisting. What they do and the risks.
- Discoverable time
- When a listing first appears in a specific Marketplace search. It can be later than the posted time Facebook shows. Why that matters.
- Relist
- Listing an item you bought for resale. Pounce can prepare a Marketplace draft from a find for you to review and publish.
Pounce terms
- Auto-message
- Automatically sending a first message to the seller of a matching listing. In Pounce it's opt-in per search, with messaging hours, radius, and a daily limit.
- Search slot
- Pounce's unit of search capacity: one enabled search on one assigned Facebook account. Standard includes 20; Pro includes 30.
- Quiet Hours
- A daily window when Pounce pauses scanning, at least eight hours long.
- Price-drop re-alert
- A second alert when a listing you've already seen drops into your buy range.
