You might have taken a lot of time developing a new product, setting up the inventory and strategizing the marketing tactics. You are confident that your product would prove out to be a killer. But then you’re puzzled! The question arises, how to start? Which marketplace to choose in order to drive success. There are so many great online marketplaces that it gets hard to decide which one to choose.
12 most popular online marketplaces that would trigger your product sales.
Amazon is a huge marketplace where you would definitely get anything and everything. Right from a tiny bobby pin to a scooter and from branded apparels to footwears, stay assured to get everything at one place. It is a marketplace which a lot of sellers and buyers trust. It has got a huge traffic volume and a whopping customer base. The best thing about Amazon is that it uses a built-in algorithm that automatically recommends your products to people who might be interested in them based on their search histories.
Who should look up to Amazon? Amazon is a diverse marketplace and super easy that anyone will be able to run a business on it. Just ensure that your prices are competitive enough without losing the profit. Also, pay attention to sell authentic products and gain as many positive reviews as you can.
Like Amazon, eBay is also a big marketplace. It is the leader in C2C and B2C eCommerce sales. You can find anything and everything right from electronics to cars and from a phone case to handmade goods. You can also find used items on eBay. The best part about eBay is you, as a seller, can ask your buyer to bid for an item or buy it in one single go.
Who should look up to eBay? eBay is a local marketplace over the internet. Having said that, any small or big retailer can successfully sell on eBay. All you need to do is to list your products and give it either in the auction or ‘buy it now.’
Etsy, a lesser known online marketplace, is doing well consistently. It had its inception in 2005 and was mainly started as an online community for crafters, artists, and vintage enthusiast. From that time it has grown drastically and now has 1.7 million active sellers and 28.6million active buyers.(not at all bad)! Etsy specializes in handmade goods, vintage goods and in craft supplies. So, if you’re into geeky things, jewelry making, bouquets, gift & mementos, you know your niche!
Who should look up to Etsy? Unlike Amazon and eBay, Etsy caters the needs of sellers of a specific category. So if you one of those merchants who deal in handmade items or crafts, then go ahead and list your item.Some of the examples of popular categories are:
- Craft supplies
- wedding gifts
- toys&games
- Jewellery
eBid is the ‘Sell Anything’ marketplace. As compared to Amazon or eBay, it is a lower cost option. Also, it only charges 3% commission fee per sales which makes it an option to try out definitely. People who want to offer their products in the auction but don’t want to pay different types of fee, then they should consider eBid.
Some of the examples of popular categories are:
- Craft supplies
- books
- Movies & DVD
- Coins & Banknotes
This Chinese online marketplace can make eBay and Amazon look small. It has got a turnover of a million per year and is currently expanding in the USA. You can list your product and expect a good amount of sales. You can also list your services and other items. It’s official mobile app is also available with the name of Ali Express. So, now listing your item is easier than ever before.
Some of the examples of popular categories are:
- Apparel
- Automobiles
- Electronics
- Furniture
Jet is an eCommerce marketplace based out of USA. It was launched in 2015. Providing optimized shipping cost and low-cost maintenance. Even if you have a low budget, you can sell on this platform and make the most out of it. Usually, it is used for branded products and can be very helpful.
Some of the examples of popular categories are:
- Grocery
- Household supplies
- Home&Decor
- Pet Supplies
Another promising alternative to big marketplaces is Bonanza. The USP of this eCommerce marketplace is that it is very shopper friendly along with charging a low fee from the seller. Bonanza has more than 22 million items ranging from Godzilla garden gnomes to taxidermy alligators. More than 50,000 sellers have made their business successful on Bonanza.
Some of the examples of popular categories are:
- Books
- Business & Industrial
- Computers & Tablets
- Consumer Electronics
Sears offers a marketplace where you can list any number of products, no matter which type. It also gives you exposure to the right kind of audience. Also, you don’t need to worry about the shipping as it is completely handled by Sears itself. There is a monthly fee charge but can be a great option for volume sellers.
Some of the examples of popular categories are:
- Appliances
- Automotive
- Clothing
- Electronics
Newegg is the 2nd largest retailer in the US and is one of the best online marketplaces if you are targeting US audience. Newegg has over 800 sellers registered over its side. It offers products in various categories such as clothing, sports accessories, industrial products etc. It also offers sellers the option of fulfilling orders themselves or letting Newegg do that.
Some of the examples of popular categories are:
- Computer systems
- Computer parts
- Home&tools
Rakuten specializes in electronics. The idea of this marketplace is to directly buy from the people and not from the internet. There is also a reward point scheme for the sellers. It offers selling as a form of entertainment.
Some of the examples of popular categories are:
- Japanese computers
- Electronics
- Apparel
- Home& Decor items
- Sporting goods
If you are a newbie on the eCommerce platform, then Tictail is just for you. It is a marketplace listing independent brands from over 150 countries across the globe. Tictail is free and can manage your store decently. You can also connect with its global community and find out the hottest thing in fashion, art, and home decor.
Some of the examples of popular categories are:
- Clothing
- Jewellery
- Shoes
- Bags
Zibbet is a good alternative to Etsy. It is the right destination for artists, crafters, vintage and handmade stuff. Also, the listing fee is zero up to ten products. There is no transaction fee too. So, if you’ve just started to sell your products online, Zibbet is the right platform for you.
Some of the examples of popular categories are:
- Handmade items
- Fine art
- Vintage Decor
- Craft items
Online marketplaces are like the supermarkets but over the internet. They have become an integral part of many eCommerce seller’s businesses. However, you should choose your marketplace wisely. You, probably don’t need all of them. You ought to be mindful about the platform on which you’re selling in order to make the most of your product type and consumers. Use our list to find the right online marketplace to grow your eCommerce business.
