Top 7 markets place to sell your products online
Top 7 markets place to sell your products online
Those days have gone when people had to visit a retail shop to purchase clothing, jewelry, electronics, and other similar products. There has been a drastic change to do marketing through the internet from e-Commerce sites, sellers are not far behind in establishing online marketplaces. Here are the Top 7 markets place to sell your products online.
For sellers it’s simple funda: Top 7 markets place to sell your products online
Actually, Online marketplaces offer businesses many opportunities that brick-and-mortar stores cannot provide. While it may sound like a piece of cake, there are unique challenges that sellers have to face.
Why are Marketplaces an Ideal Choice?
Creating a fancy website with vibrant images isn’t enough to take customers through the sales funnel faster. You can easily reach a global customer base, but you need to be sensitive to them. One of the easiest and most effective ways to do this is by recruiting your business into the top online marketplaces. Listing your products will give you more visibility and chances to acquire prospective customers.
Apart from this, there are also some other constraints such as shipping and payment which are taken care of by these marketplaces. Logistics involves building a solid supply chain. Courier companies (such as FedEx, UPS, and more) face infrastructure and warehousing problems.
Also, payment gateways are easy, but most Indians prefer ‘cash on delivery. This method attracts many courier charges which need to be borne by the sellers.
There are many e-Commerce marketplaces in India that sellers can use for greater brand awareness and revenue generation.
What are marketplaces
The marketplace is a platform where multiple sellers can list their products and sell to their customers.
All markets have a seller panel where you can create an account and list your products and start selling seamlessly. The Marketplace charges a small fee for the listing.
Here are the top 7 marketplaces in India:
Amazon India is the most preferred marketplace in India. 76% of online shoppers consider it the most trusted online marketplace. Amazon has been giving tough competition to e-Commerce giants like Flipkart since its inception in 2013.
With multiple gateways like Amazon Prime, Amazon Self-Ship, and more, it offers multiple shipping options. Technological innovations and amazing customer service have made it a better option.
Flipkart-Top 7 markets place to sell your products online
Initially, Flipkart started by selling books online. Now, it sells a wide range of products. What makes this market desirable is the availability of a variety of products at a reasonable price.
Flipkart provides logistics services to sellers with a fulfillment center called Ekart. The platform allows its sellers to reach billions of customers instantly. The USP of Flipkart is its quick payouts (7-15 days) and timely pick-up service. In 2018, it has registered a market share of up to 51% of the country’s e-commerce industry.
With around 10 Crore+ customers Paytm is currently ruling the e-Commerce industry by providing services like listing, easy registration, unreliable support, and instant payments to recharge, pay, travel, ticket, movie, shopping, and more, which help sellers. It makes it suitable for you to list your products on this platform. The cash-back and discounts offered by Paytm make it a niche market.
Myntra-Top 7 markets place to sell your products online
It is a marketplace that houses a wide variety of fashion accessories, beauty care products, clothing for men and women, footwear, and much more. The marketplace was opened in 2007 with a focus on the personalization of gift items. Sellers must first register themselves, and once their profiles are reviewed, they can sell their products on the website.
Craftsvilla-Top 7 markets place to sell your products online
Craftsvilla was launched in 2011 and currently boasts over 25,000 sellers. It is a suitable market for fashion, apparel, beauty products, and handcrafted home goods. It is one of the best Indian online platforms to market and promotes unique Indian products. It is considered best for Indian ethnic wear and jewelry.
Black Pepper is the one-stop solution for household needs. Sellers can list products such as furniture, hardware, lamps, kitchen, dining, décor, electricals, housekeeping, bar, and garden. Sellers can get their products listed on Pepperfry for free, but they have to pay a commission on every sale.
ShopClues-Top 7 markets place to sell your products online
This online marketplace is a hub for over 6 lakh products dealing with over 28 million products. The company serves more than 32,000 pin codes across India. ShopClues is known for local and regional brands. It is best suited for vendors dealing in fashion, home and kitchen appliances, mobiles, electronics, and sports.
The final to say
Selling products in online marketplaces lets you reach customers across the country. If you are new to the e-Commerce industry and don’t have the budget to invest in a website, then an online marketplace is a perfect option for you. All you need is a registered company, a tax number, and a bank account. The rest of the things like logistics and payments (major hurdles of the e-Commerce business) will be taken care of by these platforms.
We hope this list helps you select the best marketplace for your online e-Commerce business.
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