Best 5 Online Marketplaces for E-Commerce Sellers

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• 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 e-commerce business relies heavily on the marketplaces you choose to sell your products. Many reach out to e-commerce development company in India for creating custom e-commerce 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

Direct access to the large pool of pre-existing customers.

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An easy platform for beginners to sell products.

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

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

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Best 5 Online Marketplaces for E-Commerce Sellers

1. AMAZON MARKETPLACE

• Amazon is the leading and top e-commerce 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 e-commerce 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 e-commerce 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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