Digital marketplaces have changed the way people shop, and they’re continuing to change the way brands sell their products. If you’re looking to expand your sales channels, you should start using digital marketplaces as soon as possible. These platforms are designed to help you get visibility into a new market and sell your products there at scale. No matter what type of product you sell or how much demand there is for it, there are probably dozens of digital marketplaces that would be willing to list it with you. Let’s take a look at some examples of how digital marketplaces can help you sell more products.
Amazon is one of the largest ecommerce platforms in the world, and it’s particularly popular in the US and Canada. With more than 118 million active users, it’s a great place to get started with ecommerce. Amazon Marketplace offers sellers the ability to set their own retail price on eligible products. So, you could sell a t-shirt at $10 or $100. it’s entirely up to you! You’ll also need to fulfill Amazon orders yourself and absorb some of the associated costs. But if you have the capacity to do so, selling on Amazon Marketplace can be a great way to get your products into the hands of millions of potential customers.
Vectorgi is a robust ecommerce platform that’s especially useful for selling digitial products. It has powerful features such as multi-channel ecommerce, marketing automation, and more. To start selling on Vectorgi, you’ll need to create an account and then link it to your online store. Once your online store is set up, you can start selling products on Vectorgi.
Vectorgi offers two types of products to sell:
Ready-to-sell (where customers can’t add items to their cart until they’ve paid) and fulfilled (where customers can add items to their cart right away). Vectorgi also allows you to set your own retail price and offer free shipping.
Vectorgi Digital Marketplace Pros and Cons
Vectorgi’s platform is robust and has powerful features. The seller app is easy to use and the seller Dashboard is intuitive. Vectorgi provides you with a Vectorgi app, which allows you to manage your store and respond to customer inquiries. Vectorgi also provides you with a Vectorgi app for managing orders and orders, and you can also use Vectorgi for marketing automation. Vectorgi does have limits in terms of the types of products you can sell. For example, you’re not able to sell certain items like food or medicine. You can also only sell certain categories of products, like cosmetics, books, and music. Vectorgi also has a 14-day return policy, and you can only return products to your own store.
eBay is another popular marketplace for selling your products. While it’s primarily a retail marketplace, you can also list services, such as consulting or training services. As a seller on eBay MarketPlace, you have the ability to set your own price for your products and have them listed as “exclude shipping cost.” This means you won’t have to pay any eBay fees when your product sells. One major benefit of using eBay to sell your products is how easy it is to get started. You can register as a seller on the site in just a few minutes. Once you’re up and running, you can use the eBay app to manage your listings and respond to buyer inquiries for more info.
Etsy is a great way to sell handcrafted products, since Etsy encourages the creation of “handmade” products. Sellers on Etsy are assigned an Etsy store name and username. They can also choose to be an “unlimited” or “limited” seller. The unlimited option allows sellers to sell products for their own price. As for the rest of the features Etsy sellers have access to, they include:
- A built-in shop owner dashboard that allows sellers to view stats on their sales, customers, and orders.
- Integrated marketing tools to help drive customers to their Etsy store.
- A built-in customer service team that sellers can use to respond to any questions or issues customers have.
Etsy Pros and Cons
Etsy ETSY has a strong community of sellers, and the site is easy to use. However, it does have a bit of a learning curve, so getting started can be a little confusing. Like Amazon Marketplace, sellers on Etsy are able to set their own retail price. So, you could sell a product for $1 or $100. Like Amazon, you can also list your products as “exclude shipping cost.” This will not include any shipping costs for your item. Etsy also has its own integrated ecommerce platform, so you don’t have to use another system.
Shopify is a subcription service that sends you clothing to help you figure out what to wear each day. You can choose what to keep and what to send back at any point. Once you start a Shopify subscription, you’ll receive five mixed-design fit boxes of curated clothing and accessories every month.
One way you can use Shopify is to sign up for a free two-day trial. This will give you the opportunity to try Shopify out and see if it’s something you’d like to keep using. After your trial is over, Shopify will send you a request for a purchase through their app. You’ll receive a fit box with five items and a detailed note about what items you should keep and what to send back. You can also create a wishlist if you’d like to keep track of what you want to buy.
Shopify Pros and Cons
Shopify is a great way to try out a subscription service before committing to it for a longer period of time. This will let you see if the service is right for you before you have to commit financially.
You can choose what items you want to keep and what items you decide you don’t like and send back. Shopify also sends you five items with different styles and designs, so you’ll be able to wear a variety of different items each month.
Ecommerce platforms like Shopify, Amazon, and eBay are great ways to get started selling products online. They’re also great places to tap into international markets with diverse buying behaviors.
Digital marketplaces can help you expand your product selection to include new items and product categories not otherwise available to your customer base. These include products that may not have been previously profitable for brick-and-mortar retailers.