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Have you spent the last year working on introducing a product in the market? Or have you spent the year thinking which online marketplace should you start selling on? Well, the year is gone and you should be focusing on the year 2018 now. With a series of blogs focusing on 2018, we’ve made sure that your eCommerce business is prepared for the new year. When it comes to selecting which marketplace you should be targeting this year, we’ve made a list of 8 best online marketplaces where you should sell your products in 2018.
Followed are the best marketplaces where you’d be able to reach out to wider masses and have made more revenues by becoming a seller.
After completing more than 10 years in the industry, Etsy has marked its presence in probably every country around the globe. What sets the marketplace different from the others is that attracts the artists, craftsmen who deal in jewelry, paper-work, housewares and more. Being one of the most affordable, fast and efficient marketplaces Etsy has made its place in the industry.
Once you are done reading the guidelines for selling on Etsy, you would be able to understand what could the possible options be in order to get successful. Some of them include:
Did you know that Amazon started off as an online bookstore that dropshipped much of its inventory? One of the biggest marketplaces on eBay but a lot cheaper, Amazon is probably the most visited and trafficked store. Now, the marketplace features millions of products featuring every category including decor, fashion, kitchen, appliances, pet care, and everything else that you can think of. So, if you are a seller who has a unique product that can be anything from any genre, Amazon serves as an excellent platform for you.
eBay is one of the pioneers and movers in online shopping. If you are to believe the stats, the marketplace can boast of about 160+ million actives shoppers. eBay is not only the place where you can shop or sell the goods, but one can give their used items also. That’s not it. One can also put their goods for auction across 30 countries from pole to pole with the help of eBay integrator.
Being the fourth largest online marketplace across the USA, Jet.com was introduced in the year 2015. Though the site was introduced to the commoners in the year 2015, it had already been founded in 2014 by Marc Lore who sold diapers at Amazon. Selling on Jet is a cake-walk as you can easily register your business on the platform and sell probably anything from the grocery, home products, electronics to books, sports, and fashion apparel. In fact, the easier way to take your business to the marketplace by getting your hands on jet integration.
The Walmart Marketplace is a platform that allows third-party sellers to list their items on Walmart.com, just like you would on Amazon or eBay. Selling to Walmart’s online marketplace is an easy way to get your products in front of a massive audience. Marketplace items appear in search results on Walmart.com alongside other items.
If you know Newegg, you would also know that it is the second largest online retail store that finally turned into a marketplace. With more than 10.5 million products and an award-winning website, Newegg is focused on providing techno-savvy gadgets for the shoppers. With a state-of-the-art website, the marketplace reaches out to the masses effortlessly and gives you the opportunity to do the same thing.
Based in Seattle, Rover.com is a marketplace that offers services in 10,000+ cities over the United States. Being awarded as Ernst & Young Entrepreneur of the Year Award for the Pacific Northwest region in the category “Emerging Companies”, Rover is certainly your next destination. Providing services like dog boarding/sitting/walking, daycare, drop-in visits, and house sitting, the marketplace lets the customers have a seamless experience.
Bonanza is one of the best choices for retailers in the fashion industry with 25,000 registered businesses. With this eBay-like marketplace, sellers create online booths for their items, which are listed at fixed rates. With no cost for listing your products on the marketplace, the sellers have to pay 3.5% closing fee on sales under $500.
Well, when you talk about Craigslist marketplace, you are talking about an online marketplace where anything, literally anything can be sold, including yourself. If you like to sell new or used items locally, the initial place to look is probably going to be Craigslist. With no listing fees or selling fees, you would definitely want to consider the online marketplace that lets you be the hand-in-command for everything that you sell. Kicked off in 1995, Craigslist has expanded across 70 countries now with a revenue of US $694 million recorded in 2016.
With more than 40 categories including clothing, apparel and more, Alibaba came into existence in 1999 and has become one of the largest Asian online marketplaces. Yes, you heard it right. Alibaba revenue in the year 2018 according to Wikipedia is US$39.898 billion. Why wouldn’t you choose to sell on a platform who’s online sales surpassed all US retailers including Amazon, Walmart or eBay?
You can also find the comparison between these online marketplaces in the chart below.
Pick the online marketplace that suits your business and needs the best. Be careful of what you choose because that’s going to be the main factor in your eCommerce business success. You can easily pick your marketplace and the integration services accordingly to take your business to new heights.
http://www.velsof.com/blog/ecommerce/the-8-best-online-marketplaces-to-sell-in-2018