Is there a businessperson who is unaware of the benefits of selling products and services through the virtual world? Most new entrepreneurs build up their online presence to be able to reach customers on a grander scale. The list of established companies doing the same thing grows by the day, and you can quickly purchase stuff off branded stores that Mango, Adidas, Zara, and many more known labels operate.
The thing is, apart from maintaining a website of their own, many of these vendors are privy to the benefits of selling products via the online marketplaces that gain very high web traffic on a daily basis. They practically need to provide the goods that consumers pay for; the platform will run the website, arrange the shipping process, and handle the customer support.
Life is breezy, in short, when your business functions under a well-recognized domain. In case you can’t decide which online retail stores to join, check out the four hottest marketplaces right now.
Amazon is one of the best marketplaces – if not the best –you can enter today. Its services have evolved to protect both the sellers and the buyers, but the categories you may place your goods under are almost still the same as in the past.
What makes Amazon different from other online retail stores is that they give vendors the option to get an Individual or Professional selling plan. The fees that come with the former are much cheaper compared to the latter, primarily if you will only put several products on sale. In case you aim to sell more than 40 items and create different listings, the other plan will be more beneficial for you.
Now, if you are selling a brand-new or pre-loved item that you believe is too precious to set an amount on, you may want to become an eBay vendor. This platform has a feature that lets sellers put a product on auction, you see. You only have to mention a base price, as well as until when the listing will be available, and then watch as people start bidding on the goods.
Similarly, you are free to sell wholesale items on this website too. When you retail on eBay, you have access to the millions of users and guests that visit the market daily. That will keep you from opening a physical store and waiting for a few buyers to come.
Etsy is the marketplace to be for people who want to sell handmade crafts, vintage items, and artistic raw materials. It has a highly specific niche, and you cannot market a shirt or a hoodie here unless you created or designed them yourself. Instead of losing interest in the platform, though, the straightforward types of products that the website only caters to appeals to everyone who loves arts, crafts, and geeky stuff.
Furthermore, the vendors can get the most money out of every item purchased because Etsy does not charge a lot. At the time of writing, the marketplace merely asks for US$0.20 for each product that you list on the site. It will be there for four months, which entails that the goods will already become sold out before you have to renew your listing.
For readers who only know this social media platform as a way to communicate with friends or share your images, location, and feelings through emoticons, you should understand that Facebook already upgraded their features to accommodate online sellers.
When you create a business page, it will not merely be a space to show your brand-new products. You can talk to interested buyers on the chat box or via Messenger. By including a Shop section, you will also be able to sell the goods directly on Facebook. They allow you to process payments efficiently and have your earnings sent directly to your bank account.
Signing up to any of these platforms is a smart move towards the online business that you wish to grow. It is possible to create listings in all the marketplaces mentioned above as well. The more markets you advertise your products in, the more orders – and payments – you’ll be able to get.