features of online websites called as marketplace
Pros
of Selling on Amazon & eBay
1.
Increased Sales 2. Customer acquisition.
3. Marketplace Infrastructure
Cons
1. Marketplace
Fees
1. It helps in
reducing the risk of trading with unknown partners
2. Provide the ability to overcome discrepancies
3. Promotion of
products
4. Payment
gateway facility
Online stores commonly use credit
and debit cards, gift vouchers, cash on delivery, PayPal, etc as their main
payment system
5. Buyers interact with sellers
via computer networks making transactions that are no longer geographically
bound. When there is a problem however, customers would more likely prefer to
have someone they can talk with.
6. Apart from trust marks, a
clear design, convenient menus, detailed product descriptions and user reviews
are also important for creating better online reputation. Just note that trust
plays an important role in a customer’s willingness to part with their money.
Spend some time away
from the computer and build your idea
1. What kind of products
will you be selling? Are there any competitors in this niche?
2. It will also help a lot
to build a brand name in these early stages of development
Start with multi-vendor
sites for sale of your products. And after gaining experience start selling through your own website also, you
need to be visible at a lot of other places too. Selling your products on
online marketplaces will help you achieve 2 very essential things as an
entrepreneur:
1. It will increase your brand
visibility and engagement.
2. And it will keep getting your
new customers time and again.
So you can be sure that a
repeat customer will definitely come to your online store the next time he
wishes to purchase something.
List of
Online Marketplaces
Eleb2b,Go Coop, Naaptol, First Cry, Flea Affair, All India Bazaar, Future Bazaar, Junglee, The Ethnic Wear, Shopping And Coupon, Indian Crafts, Wholesale Hungama, ShoppeMall, Kartbin, Xarato,Lokalart

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