Best 5 Online Marketplaces for E-Commerce Sellers

Best 5 Online Marketplaces for ECommerce Sellers https://www.digitalmesh.com

• An online marketplace is an e-commerce platform where multiple third-party vendors list their products for selling.

The transactions are made by the marketplaces via secure online payment systems in marketplaces rather than the sellers.

• The success of an ecommerce business relies heavily on the marketplaces you choose to sell your products.

Many reach out to ecommerce development company in India for creating custom ecommerce website or marketplace integration services.

How do E-commerce Marketplaces Work?

1.

Customer shops on an e-commerce marketplace – When a customer purchases a product from a marketplace, an order is submitted to the seller via marketplace.

2.

Passing order details to Seller – Marketplaces send the sellers (Third-party) the order details for processing.

3.

Product Delivery – The third-party sellers are the ones who process the order and send customers the product.

Benefits of selling on an E-commerce Marketplace

1 Direct access to the large pool of preexisting customers.

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An easy platform for beginners to sell products.

Marketplaces offer custom tools, offers and services to promote the products.

4 Access to built-in trust via secure payment system services.

Best 5 Online Marketplaces for E-Commerce Sellers

1. AMAZON MARKETPLACE • Amazon is the leading and top ecommerce marketplace for vendors all across the globe. The process to sell on Amazon marketplace is quite simple.

• It requires a seller account, a plan and boom- you are ready to upload products over it. The cost and membership fee depends on the plan you choose.

2.Walmart: • It is said that the customer base on Amazon and Walmart overlaps. There is an application which should be filled and submitted to sell on Walmart.

• On approval of the application, we will have to register, create the account, verify bank details, upload and launch the product.

• After approval and verification, it takes only 24 hours for products to go live. They don’t charge vendors for account maintenance and have only product referral fee.

3. eBay

• It is one of the most recognized ecommerce platforms globally. Selling on eBay can be initiated in just 4 easy steps.

• It offers a ‘Quick Start’ guide for help.

There are two charges involved in eBay – insertion fee and final fee.

4. Etsy

• It’s the famous marketplaces for the artists, creators and collectors.

• It consists mostly of handmade items created by the sellers.

• Etsy offers free first 40 listings.

Jet

• Jet is another extremely popular e-commerce marketplace owned

by Walmart.

• The repeat buyer rate at Jet is said to be higher than Amazon and eBay. • You require having technical skills to sell on Jet. • The seller standards are high at Jet and hence the approval process may take time.

Digital Mesh Softech India (P) Limited

E-commerce website development requires an understanding of technology, trend and as well as business sides of your trading system. At Digital Mesh we excel at all! The expertise of our ecommerce development team extends to the top e-commerce platforms like Shopify, Magento, Drupal Commerce and even the Marketplace integration services. Our extensive experience in all makes us a leading offshore e-commerce development company in India. Get in touch with our experts for any assistance.

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