Online Marketplace:
Shopping from home with comfort, experiencing the real-time shopping atmosphere, with over thousands of brands and various items in just one place. E-commerce has become a part of our lives, groceries, home storage, electronic goods, kids' toys, clothing, etc. everything was available online through these websites. An e-commerce website makes it easy for customers to shop from anywhere, with various options of payment.
We can buy or sell in an online marketplace, not just electronic goods, but many other products. Sellers do have certain policies and have standard rules to sell, like the product quality, warranty, etc. The site cannot take all the responsibility for the product, other than the delivery issue. So the sellers need to be responsible and ensure they follow all viable policies.
There are many eCommerce sites with each having different purposes, such as Amazon, Flipkart, eBay, and Shopify being all in one store, but some sites like Xfurbish sell products like only electronic goods, Etsy sells products mostly handmade, Wish eCommerce sells products based of accessories.
Why and How to sell in Online Marketplace?
Anyone can sell a product in the Online marketplace, but there lie some conditions and policies to follow. Any seller has to register themselves on the site first, then add the product details, like which category, what type of model, is it refurbished or a new one, color and other physical details, pictures are mandatory as the buyer would only buy something with genuine pictures. Whenever the product satisfies all the conditions, it will be live on the site and can be allowed for purchase.
Selling a product generally in public and through the website has a major difference. When you sell a product publicly, we search for buyers, sometimes have to travel or try to wait in the market. But, in an online marketplace, you just have to sit in your place and upload the details and whenever a buyer places a request, the e-commerce site informs you and you can deliver them through the details from the site. It saves one’s time, get higher scale and more profit.
Best Online Market places in 2022
Amazon has been the best eCommerce site for years, and it needs no introduction now, as everyone knows well about the site these days. From selling books to now being number one in the world's eCommerce Online Market place. It has many features and many better product categories, from books, plants, toys, electronic goods, and also local goods like handlooms.
So, it shows the market over the world, encourages sellers globally, and follows proper guidelines. And it is easy to sell and get paid as the world has become more digitalized now. Sellers can directly upload the details of the products they want to sell or they can opt for an Amazon FBA(Fulfilled by Amazon) to handle the job.
eBay started its journey back in the 1990s, it has a variety of products and has millions of users worldwide. Starting from shows, accessories, and electronic products almost all zones of products and is accessible easily. They follow all the policies, provide guidance and make sure to protect the seller from abusive buyers or receiving negative feedback for good products.
There are different kinds of sellers, like new sellers, professionals, etc., the seller can either pack the products themselves or seek help from eBay. eBay offers sellers like local vendors, local goods, refurbished goods etc. Its market developed not in one day but through the years.
Shopify is an online marketplace, that started as a small eCommerce site but gained a lot of attention and sooner emerged with millions of users. It has worldwide shipping and sellers from local stores. For beginners and small businesses, Shopify helps to market their products to reach high engagement.
This website is much easy to use, and affordable, which encouraged many startups to grab success. Selling in Shopify is just like a cakewalk, you may seek help or guidance from Shopify on how to market, packaging and other information regarding the products. You just need to have genuine products with good descriptions and pictures so that they would a good impression on the buyers.
Etsy has been a stern eCommerce site, which has one unique aspect, it has a variety of vintage and unique products. For most occasions, and events, they do have all sorts of gift items, for eg. a wallet stand for men, customized jewelry or accessories, handmade products, and unique decorative items. It shows that they do accept sellers with the best products.
Etsy has over 7.5 million users across the globe. If your products are handmade or unique accessories do contact Etsy and register yourself to sell and check whether the market price is worthy enough and what the audience mostly searches for on Etsy. Many other guidelines are provided by Etsy and also set google analytics for your market.
Alibaba has been in the market since 1999, founded in china by Hangzhou. Alibaba is a group of enterprises that has subsidiaries like Ali-express, Ali baba cloud, MORE etc. It has worldwide marketing which reached 1.2 billion users by 2021. They sell a wide variety of products electronic products, accessories, clothing, home storage etc. This online marketplace has enabled millions of sellers to gain profits and reached high engagement from the audience.
Walmart started off as a small store in America, which focused mainly on low prices and gaining good profits. Later, it emerged into a large store and started many stores worldwide. They sell groceries, candies, cakes, fashion products, electronic goods, etc. They provide high-quality products assured of damage-free. For sellers, it isn’t easy to get into Walmart, it has certain policies and the seller has to undergo a few checklists before getting their product on board with Walmart. It is just their commitment towards the users, as they now have 10000+ stores and ships to various countries.
Flipkart is one of the best eCommerce sites in India, with millions of users in the country. It has new and refurbished products, from the retailers as well as local markets. It started its journey in 2007 with the idea of selling books and marketing online sales on books, by the founders Sachin Bansal and Binny Bansal, later it emerged as a top eCommerce site in India with millions of users. It has gained attention from the local markets, sellers, and small businesses.
It is a one-stop for all the products, such as grocery, pharmacy, healthcare, electronic goods, clothing, accessories, refurbished goods, home care, etc. Walmart has acquired major stakes in Flipkart and improvised its business more.
Electronic goods are available in most shopping places and eCommerce sites, but finding the right compatible electronic components is one big hustle. Xfurbish is an Online marketing place where a user can buy electronic components new and used ones, and also can sell their products. They have laptop components or spare parts (internal and external), servers, mobile spare parts, electronic boards or kits, desktops, disk storage, etc, all components related to electronic goods and gadgets.
Worldwide shipping and marketing, with standard products and at best affordable rates. Thousands of sellers and buyers joined Xfurbish and it is growing in the market with a quality service. Selling and buying in Xfurbish are simple, just follow the registration process and read the policies and instructions and check for yourself.
Facebook is a social media platform, and in recent years it started an online marketplace, as a user interactive platform. Anyone can sell a product, just by placing the pictures, and description of the product with pricing details. So that whoever likes the product will contact directly to the page or the user, and the payment options can be as per the seller. It is a simpler and easier platform to become a seller, but make sure to follow the conditions and maintain a healthy profile to sustain in the market.