It is essential that you use online marketplaces if you want to grow your eCommerce business in 2023.
Online sales for US retailers are expected to rise from $425 billion to over $875 billion between 2017 and 2023, nearly tripling in that timeframe.
Here is the list of the best online shopping platforms to increase your sales.
Chairish is one of the best places for selling household goods and art. All you have to do is take a photo of the furniture, create a list with titles and descriptions, and fix your price.
There are three different selling options in the Chairish subscription plan to choose from. There are three types of dealers: those with active listings which is not up to 10, those with ten or more active listings for sale, and elite. In this reference, an in-depth guide is typically included to assist you in understanding the selling cost and commission price.
Craigslist was founded in 1995 by Craig Newmark with the intention of providing local information in the San Francisco Bay Area. It has become the preferred online selling platform for a large number of individuals and business owners.
They are one of the online selling platforms that don’t charge fees for showing or selling and are best suited for vendors who sell locally and choose to conduct transactions in person. It’s a fantastic way to sell items that are too large or costly to ship, such as furniture.
Some users prefer Craigslist because it allows them to meet the buyers and sellers, adding a small social experience. Additionally, you can receive cash in hand and avoid paying shipping or network charges. Even so, if you are scared of being duped or prefer to avoid being involved directly in the transaction, Craigslist may not be for you.
eBay is among the world’s largest marketplaces in the world, with nearly 25 million vendors and 170 million active buyers. This online store, founded in 1995, is perhaps best known as an online marketplace, but its “Buy it now” option allows you to sell items immediately at fixed rates.
On eBay, you can sell almost anything, from publications and electronic components to jewellery, furniture, and essential oils. As with Amazon, eBay’s huge size means that getting lost in a large group is always a possibility.
eBay’s vendor fees are as follows:
Fees for insertion, that is listing fees. You receive 50 free listings per month, and additional listings in most categories will cost you $0.35.
Fees are based on the final value. They are expressed as a percentage of the total sale price of an item. For the majority of vendors, it is 10% or less.
These prices vary and are calculated based on the nature of your product, the categories in which it is mentioned, the quantity listed, and the shipping costs.
Unlike Amazon and eBay, Etsy is one of the alternatives marketplaces for innovative vendors that wish to sell handmade products, collectables, art, and antiques. This online store is visited by nearly 40 million active buyers worldwide, which enables independent vendors to compete against one another rather than against large brands.
When you’re an online seller who creates new products or sources items that fit this platform, this system is ideal for you. Additionally, it includes amazing features tailored to creative masters, such as a cool interface, sales tools, built-in analytics, and connects directly to targeted users.
Etsy’s selling price: Each product listed on Etsy is charged $0.20 for listing. The product remains in your store for a period of 4 months or until it is purchased, whichever occurs first. When you make a sale, a 5% transaction fee and a 3% plus $0.25 processing fee are applied.
5. Facebook the Marketplace for you
Facebook Marketplace is a chapter of Facebook from which users can browse, buy, advertise, and trade items with some other users within your community. Facebook Marketplace is accessible via the Facebook app or the Facebook webpage.
Facebook Marketplace enables users aged 18 and over, Below are tips to use Facebook as a marketplace;
- Look for products to buy
- Find items for sale by category and/or region.
- Create item catalogues
- See the previous and present purchases and messages in a section titled “Your Goods.”
- Contact sellers/buyers either through the Facebook Messenger app or the webpage to finalize the transaction.
Since its founding in 2016, the Facebook marketplace has managed to bring together hundreds of millions of users from 70 countries to buy and sell. The exciting feature of Facebook Marketplace is the company’s extensive support for E-commerce greats.
Facebook has partnered with major e-commerce systems, such as Amazon, to promote merchants’ presence on the platform.
There have been no listing costs on Facebook Marketplace, however, there are strict criteria and requirements that you should follow as a vendor.
Nextdoor, just like Craigslist, is an online representation of your neighbourhood and community. It’s a place where neighbours can share different knowledge of what’s going on in their neighbourhoods, from announcing a block party to complaining about someone not bringing their rubbish cans in on time.
Apart from being a community forum, Nextdoor also offers a free online marketplace for selling your goods. As with Craigslist and Facebook Marketplace, they don’t charge you for listing or being a member, but you must meet and exchange with your buyers in person.
Due to the fact that you must register and create an account, this internet marketing platform feels slightly safer than Craigslist. As a result, it is more private and has fewer scams.
To sell an item, tap the plus sign which is located at the bottom of the app interface, start a new message, and then select the “For Sale and Free” section. Following that, you fill in info such as the description, price, and photographs. As with similar sites, you and your customer are responsible for arranging pickup and payment.
7. Ruby Lane
Ruby Lane was created to connect buyers and sellers of art, vintage items, antiques, and jewelry, just like Etsy and Bonanza do. This online marketplace receives 1.1 million unique monthly visitors, which is quite impressive for a niche market.
Although the majority of website visitors are from the United States, the United Kingdom, Canada, Australia, and Germany, the website has a global reach. 85 percent of users are women over 40, and the majority identify as “collecting enthusiasts,” so if this demographic fits your target audience, Ruby Lane may be a perfect place.
Ruby Lane appears to entice more informed and purposeful purchasers who may be likely to pay more money than bargain hunters on eBay. Additionally, you can rely on high-quality customer support as well as a swift resolution of issues.
While Ruby Lane does not charge a commission, it does charge sellers $0.19 per listing and a tiered “maintenance” fee ranging from $79 per month for small sellers to $0.01 per item for major vendors. Additionally, there is a one-time setup fee of $100.
Newegg is a California-based online store with distribution centers throughout Canada and North America and a global presence in more than 50 nations. It bills itself as the “world’s largest online store for everything tech,” which includes electronic devices, computer systems, parts, smart homes, gaming products, and entertainment.
Additionally, sellers can easily create insightful and precise product descriptions and reach up to 36 million potential customers. Newegg’s primary demographic is between the ages of 18 and 35, so if that is your target demographic, Newegg may be an excellent option for you.
To assist you in growing your business, Newegg advises using its various marketing tactics, such as daily deal email messages and seller programs. Additionally, ensure that you provide excellent service and do not list any illegal items.
The selling fee charged by Newegg is as follows: Along with a sales price somewhere between 8%-15%, Newegg offers three levels of membership, including:
- Standard: There are no fees.
- $29.95 for professionals
- $99.95 for enterprise
Those are the top list of the Marketplace to start selling your products right now. It is your choice to pick the one that benefits you most.