Online selling – a new raging trend is making ripples in the business world. From fast launching time, established programs, to having access to a huge customer base, selling products online has plenty of benefits.
That is to say, if you are looking for a smart way to grow your eCommerce startup, online selling platforms are a must. Online sellers and retailers have increased their sales by 1,250 percent as they list on new channels like Newegg, Best Buy, and Sears.
But to make the most of an online selling platform, you need to find the best marketplace that suits your brand. We say this because each online marketplace works with different product categories, requirements, audiences, and listing fees.
And the best way to make the right decision to choose the best online selling platform is to do some in-depth research. If it sounds overwhelming to you, fear not. Here is a list of top online selling platforms to help you choose the right one.
StoresGo.com is one of the best global marketplaces that offer marketers a reliable platform to sell their new and used items. The online selling platform is home to plenty of unique and extraordinary handcrafted products.
With tons of good deals, StoresGo.com offers opportunities to kick start your business, make cash, and become an online seller. The online selling platform has easy-to-use software to market the products.
Not only this, StoresGo also boasts global sites that enable you to sell in a global market. You can sell everything from computers, pet supplies, jewelry, games, tools, cosmetics to clothes, and accessories. The wide selection of pieces and easy to sell functionality makes selling a fun and exciting experience.
Amazon is one of the giant selling platforms to sell products worldwide. Whether you are fulfilling orders yourself or relying on FBA, it is essential to make your products and items available to key members.
Selling products via Amazon’s platform requires you to consider other factors. One of the important considerations is your selling plan, and you need to choose one that suits your business the best. If you are a third-party seller, you can start with your plan immediately. But for selling products in different niche categories, you will have to use a professional plan and request for permission.
With Square, launching an online business on your own without any technical skills is simple It has tons of search engine operation tools and free design templates that help marketers compete with other businesses in their digital space. It would help if you created your online portal to strengthen your business and control the shopping experience of the customers compared to selling via a third party.
However, all online storefronts that use Square as an online selling platform require signing up for payment processing services. It can charge up to 2.9% plus $0.30 for online transactions. There are no monthly charges, and you can withdraw from the services at any time.
eBay has more than 175 million active customers around the world. Like Amazon, it is one of the biggest and most diverse online marketplaces to sell products worldwide. Working since 1995, this online selling platform is popular for its auction site. However, the “Buy It Now” option of eBay allows brands to sell products straight at fixed prices.
However, eBay has a massive size, which means there is always a high risk of losing products in the crowd. While eBay offers you 50 free listings monthly, additional listing often attracts an insertion fee, and you will have to pay a certain amount of fee on each sale’s value.
Unlike a wide appeal of eBay and Amazon, Etsy is an exclusive online selling platform for creative sellers and retailers interested in listing vintage, handmade, and craft items. So, if you want to sell a unique and one-of-a-kind product that purchasers don’t find on another platform, Etsy is a good platform.
Approximately 33 million shoppers access this online selling platform globally. It allows independent sellers and retailers to sell their products against one another. They don’t have to battle with the giant brands.
However, Etsy charges a $0.20 fee for each listing the items sell, while 8% of the fee on item total+ 25¢ applies to the product on sales.
Bonanza is another eCommerce website that attracts the same type of customers as Amazon and eBay. While matching the huge customer base of these two sites is difficult, Bonanza still has a surprising number of following. This fast-growing online selling platform has more than 50,000 sellers and retailers to target potential buyers in different countries.
A 3.5 percent fee applies to any sale you make. And if you opt for the Advertising Program of Bonanza, you will have to pay an additional commission. Still, its fees are quite reasonable when you compare it to different competitors.
Asia’s leading and top online selling platform allows you to sell your products across more than 50 different categories. It also gives access to customers in 190 countries. Becoming a retailer on Alibaba is easy and quick as all you need is to set up a selling account and enjoy your access to a global audience.
If you still don’t understand how this online platform works, there is a learning center that conducts training to help sellers learn and get more out of their accounts. The account is free to help you learn Alibaba’s features through trials, but you have to pay charges for your annual membership fee to reap the benefits of deals Alibaba offers.
In a nutshell, the broad appeal, massive traffic, and huge reach of platforms like eBay, StoresGo and Amazon make the first choices to sell online; it is important to consider your business nature and target customers before opting for an online platform. All these selling platforms have unique features and can benefit you differently, so it is better to ensure that you are fully aware of joining fees, listing fees, and item sales charges. StoresGo platform is completely free. Unlike Amazon, Shopify and others, you can list unlimited products for Free on their platform.