Top 20 Online Marketplaces to Sell Your Products.
Amazon
It has fulfillment centers near your customers and the tools to maintain control over inventory, orders and shipments.
Walmart
The cloud software of Shipfusion, will manage your inventory levels and provide you real time access to what’s in the warehouse.
Facebook Market
Store, ship and support fulfillment; pay for only the services you use. Includes, Amazon Prime free, Two-Day Shipping, FREE Shipping, etc.
Etsy
ShipStation, integrates with leading eCommerce platforms that allow you to easily manage and ship your orders online.
Ebay
By combining all functions of the ecommerce process into one service, makes it easy scale to a global level, while shrinking overhead.
Jet
We take care of your orders while you run the store – Simple, affordable pricing, Friendly terms for ecommerce & startups.
Rakuten
Our proprietary technology has redefined what should be the standard for the best ecommerce fulfillment experience.
Sears Marketplace
list your items on Sears.com and be found by millions of customers instantly. Leverages Sears’ logistics network..
Bonanza
Our proprietary technology has redefined what should be the standard for the best ecommerce fulfillment experience.
Newegg
No matter the size or complexity of your business, includes from order fulfillment to enterprise warehouse management.
Wayfair
Our company exists to be the successful extension of your business.The cost to ship orders to your customers is drastically reduced.
Houzz
Deliverr is a fast and Affordable Fulfillment. Accelerate your Walmart, eBay, and Shopify sales. Competitive pricing.
Overstock
Empowers eCommerce platforms, marketplaces, and more with the building blocks they need to succeed with shipping.
Google For Retail
Empowers eCommerce platforms, marketplaces, and more with the building blocks they need to succeed with shipping.
Wish
Empowers eCommerce platforms, marketplaces, and more with the building blocks they need to succeed with shipping.
OfferUp
Empowers eCommerce platforms, marketplaces, and more with the building blocks they need to succeed with shipping.
Reverb
Empowers eCommerce platforms, marketplaces, and more with the building blocks they need to succeed with shipping.
What is a Marketplace Business?
Forbes defines online marketplaces:
“An online marketplace is a website or app that facilitates shopping from many different sources. The operator of the marketplace does not own any inventory, their business is to present other people’s inventory to a user and facilitate a transaction.”
A marketplace acts as an intermediary between buyers and sellers, giving suppliers a platform to display their products and services.
The Marketplace software has a set of useful tools for business communication allowing sellers to carry out promotional activities such as offers and the possibility of communicating with customers and executing financial operations within the platform.
There are different types of marketplaces depending on their purpose.
You can find platforms specializing at United States as:
- Products (Amazon, eBay, Faccebook Marketplace, Walmark Marketplace, Etsy, etc);
- Services (AirBnb, Booking, Expedia, Lyft, Uber, etc. );
- Jobs (Freelancer, Fiverr, UpWork, Linkedin, etc)
Some platforms may have a more specific application. For example, classified marketplaces can effectively group announcements. If you want assistance in comparison price, you can use price aggregator platforms.
A marketplace will remain successful only in case it has constant support by all related parties. We have already mentioned sellers and buyers, but marketplaces won’t exist without the coordinated work of tech support, logistic services and delivery specialists.
Another important factor is the payment gateway. It enables the automation of various processes related to payments’ processing and management. Following the scheme will make it clearer:
Why do consumers choose markets?
A recent Omni-Channel report revealed that 96 percent of Americans at least once in their life bought a product or service online.
Most respondents stated that they initially start looking for products from the marketplaces on the grounds that they allow buyers to explore different products and services in a single platform and are a solution for busy customers, providing them with convenient tools to search, filter items and compare prices.
There are so many companies and stores available that consumers begin to pay more attention to their purchases, consider all sorts of different factors, from the quality and price of the items to the reputation of the suppliers, and the markets offer perfect functionality to make a personalized choice
Advantages for sellers
Markets allow suppliers to expand their audiences effectively and easily join the international market, creating equal conditions for new and experienced sellers, and the success of companies depends mainly on the reputation of suppliers and positive feedback from the clients.
The markets allow the easy distribution of products and services, creating an excellent environment to develop new businesses and outperform the competitors in their niche.
Markets are responsible for many important processes, such as financial operations or payment processing, allowing suppliers to focus on order execution, delivery and customer relationship.
Risks related to competition within the market:
Other suppliers may offer similar products and services, which may have a negative impact on your sales volume. If you want to achieve leadership positions in the market, you must find a way to attract the customer’s attention.
Sources of income:
The markets offer the following sources of income:
• Commission for sales made or income for fixed charges (memberships)
• Delivery and logistics services
• Advertising on the website
Market Perspectives:
In 2018, B2C e-commerce reached $ 2.8 billion in sales worldwide. It is expected that this number will continue to grow and experts predict that it will reach $ 4.5 trillion by 2021.
Would you like to create a Marketplace?
Markets create effective solutions for different business projects, so they will not lose their popularity in the future.
How to start a market website?
Almost any company with an existing customer base, supplier contacts and technical resources has the potential to create its own platform, you just have to consider the following items to start:
– Modern platform and adjusted to all devices where the website is displayed.
– Technological support to guarantee the loading speed of the site and its stability in the peaks when large requests flows to the server where it is hosted.
– Security systems to protect the site against any vulnerability or attack.
– Front and backend administrators to update the content.
– Experts in web positioning, administration of social networks and in general of all communication channels
– Facilitate the integration of their systems with vendors to streamline the processes load products from external platforms.
– Logistic system of great quality that guarantees the trazabilidad and the speed to deliver orders and handle reprocesses.
– Automation of processes in each point of the operational chain of the System.
– Integrated payment systems with security levels that support all operations.
– Affiliate management systems, with tools such as calculation and settlement of commissions, automated payments guaranteeing clarity for all parties when making each transaction.
– Supplier verification system.
– Provide quality guarantee; The brand of the Marketplace is built with the positive comments of the clients or it is destroyed with the negative ones.
Advertising Disclosure: This site is a free online resource that strives to offer helpful content and comparison features to its visitors. Please be advised that the operator of this site accepts advertising compensation from companies that appear on the site, and such compensation impacts the location and order in which the companies (and/or their products) are presented, and in some cases may also impact the rating that is assigned to them. To the extent that ratings appear on this site, such rating is determined by our subjective opinion and based on a methodology that aggregates our analysis of brand market share and reputation, each brand's conversion rates, compensation paid to us and general consumer interest. Company listings on this page DO NOT imply endorsement. Except as expressly set forth in our Terms of Use, all representations and warranties regarding the information presented on this page are disclaimed. The information, including pricing, which appears on this site is subject to change at any time.
Disclaimer: We strive to provide accurate, up-to-date content. We recommend that you consult always with a professional for relevant business decisions. Our main focus is the eCommerce ecosystem, however, some areas are not our competence and we make recommendations for the comments of other professionals or consumers who leave their comments on various websites. Product or company names, logos, and trademarks referred to on this site belong to their respective owners.
