The 2020 decade was specially made for online business. In the following period, not only newcomers started their eCommerce businesses but also a wide variety of offline businesses shifted their shop online.
Although selling online from an eCommerce is quite beneficial for businesses yet, it is not that easy. Before starting the online shop, there are various factors and expenses to consider. It is when the online marketplaces come in spark. The mammoth multivendor marketplaces allow worldwide sellers to set up their shops and start selling online on the same day.
Moreover, not only for newcomers, the merchants that are already selling from their website can also list their products on the marketplace. And further can add extra selling channels to their online business.
Here, in the below article, we have noted down the top 5 marketplaces for online sellers to list their products and grow their businesses. But before discussing the top marketplace, let’s have a glance at why should you sell on the marketplaces.
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Reasons to sell on Marketplaces!
- Huge Customer Traffic:
The number 1 one reason for selling on a major marketplace is that the vendors can have tons of customer traffic every day. Major marketplaces like eBay and Etsy have done a quite well job to establish their customer base. Thus, the same reason benefits the customers by providing more visits to the customers.
- Made for All Product Types:
The other reason why you should head towards marketplaces for selling online is that the marketplaces are fit for every product type.
Whether you are a brand-specific business, a wholesaler, or dealing in handcrafted items, you will find the platform quite familiar with all sorts of products.
- Easy to Start:
Selling on multivendor marketplaces is easy to start. Whether starting an online shop requires a website based on coding technologies. On the other hand, one can start selling on the marketplaces even with zero coding and technical skills.
Top 5 Marketplaces for Selling Online:
Amazon:
Owned by Jeff Bezos, Amazon stands in first place in the list of top marketplaces. Along with the Amazon.com website, users can hover over the millions of products from the Amazon Mobile Apps.
Moreover, the marketplace is open to the worldwide merchant community. Thus, if you are planning to list your business online, Amazon is the best choice for starting up.
eBay:
Well, eBay is one of the most well-known names in the online business industry. In the starting phase, the platform was a major resource for the Business 2 Business market. Yet, now customers can also purchase their favourite products on the eBay marketplace.
Likewise, eBay also offers API integrations with the websites. Instance, if you have a website based on PrestaShop, OpenCart, Magento 2 or WooCommerce platform, you can connect your store with eBay marketplace using Knowband eBay Marketplace connectors.
Walmart:
Walmart entered the eCommerce market in the year 2000. Although the platform was not much famous in the starting days, yet, now Walmart is one of the major marketplace platforms available in the online business market.
The platform has an active family of over 110 million customers.
Moreover, if you are a small retailer and want to list your products online, Walmart is the second-best choice after Amazon.
Etsy:
If you are willing to both sell on a major marketplace as well as build a brand name, Etsy is going to suit you.
Unlike the other marketplaces, while selling on Etsy Marketplace you can feel your brand skin in the game. As soon as the customer clicks on your name on the Etsy Marketplace, they will be redirected to your storefront (designed on Etsy). Which will allow the shoppers to cover up all of your inventory.
Moreover, like eBay Marketplace, the vendors who have their websites and want to integrate the same with Etsy Marketplace can use Knowband Etsy Connector to integrate their shop.
Moreover, with the aid of Etsy Marketplace Connector Extension, online sellers can manage all Etsy orders from their shop backends.
Google Shopping:
Google Shopping Marketplace is unique from all the other marketplaces. Why? Because the listing got the products on Google Merchant Center is free of cost. Also, customers can find the listed products on Google shopping just by searching for them in the Google search box.
Moreover, after clicking on the product image, the users will redirect to your website. Thus, Google shopping is considered is one of the best marketplaces for online vendors who are already having their websites.
Vendors having their shops based on PrestaShop, OpenCart, Magento 2 and WooCommerce can also list their products on Google using Knowband Google Shopping Connector Plugins.
Do You Know!
Like selling on the marketplace, online sellers can also turn their online shops into multi-vendor marketplaces. Not only the following trend is growing rapidly but it also various online sellers have already converted their single-vendor online shops into multi-vendor ones.
How? Click here to know more about Knowband Multivendor Marketplace Extension.
