When you want to grow your business, there are a variety of e-commerce platforms to help you achieve this goal. Different platforms offer different ways to grow your online store. Wizards of E-com can help you find the best fit for your business. Here are nine of the best marketplace websites to help you grow your e-commerce store.
- Amazon
Amazon is the number one e-commerce website in the world. It is the best marketplace if you want to be seen. They have a fee of 0.99 cents per item sold plus seller fees. They also have a premium plan for $39.99 a month that offers advertising.
2. eBay
Sellers can offer almost anything on eBay. This platform has been around for nearly 30 years and has a huge global customer base. The downside is the amount of fees you need to pay (approximately 10-12% of total sales). This is OK if you sell a lot, but if your business is small, the fees are quite high.
3. Wayfair
Wayfair is a niche marketplace. They sell furniture with a drop shipping model and don’t have seller fees. Instead, they pay the wholesale cost to the seller and markup the price for profit. Sellers are responsible for packaging and shipping.
4. Facebook Marketplace
It is free to list on Facebook Marketplace, and you can reach a wider audience. If you have a Shopify account, you can sync it to Marketplace, advertise and attract new customers. There are a few guidelines for using this free platform, but you are guaranteed to get more views here.
5. OfferUp
OfferUp is an Ecommerce platform that offers to sell locally. A customer purchases an item and meets up with the seller. This can seem risky, but the platform has features like profiles and reviews to look over before arranging meetups.
6. Poshmark
Poshmark sells lifestyle items and takes a flat commission of $2.95 per item sold under $15. For every item over $15, there is a 20% commission fee.
7. Decluttr
Decluttr specializes in tech sales. They buy the item from the seller and market them for profit. They cover shipping costs and pay you directly when the product is received. This takes away the hassle of marketing and logistics, but you still make money.
8. Ruby Lane
Ruby Lane is comparable to platforms like Etsy. They sell fashion, jewelry, and art. Listings are free. However, they charge a monthly maintenance cost depending on how many items you list. The monthly fee is waived if a seller keeps a minimum of 15 items listed. The downside is a 9.9% fee on every sale.
9. Handshake
Handshake works directly with Shopify to sell wholesale goods. Because they work with Shopify, there are features to keep track of sales, inventory, and fulfill orders integrated into the platform. No more spreadsheets or CSV uploads.
Every business model is different, and each platform has various disadvantages and benefits. Deciding what is best for your business is a matter of your own business goals. Wizards of E-com has the tools you need to build your business and learn new strategies.
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