5 First-Rated Online Marketplaces to Sell Your Products

Are you an ecommerce business owner looking for the most popular online marketplaces to sell your products? Here are the 5 best marketplaces to help you expand your business!

Online marketplaces are websites or apps that ease the process of shopping online from different sources. The marketplaces don’t own any inventory and their focus is to present other businesses’ products to users and online shoppers and complete a transaction.

There are different types of marketplaces – some are specialized in one product niche while others sell absolutely everything from customers all over the world.

Now that you know what an online marketplace is, let’s see why you need to use one.

Why Ecommerce Businesses Should Use Online Marketplaces to Sell Their Products

Using an already established online marketplace is the simplest, fastest, and cheapest way for anyone to sell products online. Quick set-up, a larger audience, and low costs are some of the many reasons why ecommerce businesses and online sellers decide to use online marketplaces.

Another reason is that by selling on these marketplaces, you can rely on their customer support, company’s policies, shipping, and more.

There are, of course, some downsides of using online marketplaces, however, they are pretty negligible compared to the numerous benefits. The fees, product page customization, and low flexibility are some of the drawbacks of using an online marketplace.

If you are just starting out with selling online, there is no better way to promote your products, your store, and your brand but to use Amazon, eBay, Etsy, and more.

5 Best Online Marketplaces to Sell Your Products

These 5 recommendations are marketplaces where you can sell everything to everyone:

#1. Amazon:

One of the biggest ecommerce marketplace in the world. This company has separate websites for 16 countries including the US, UK, Canada, Australia, India, Italy, China, Mexico, and etc. If you are using an ecommerce platform to run your online store such as Shopify, BigCommerce, and etc. all you need to do is add Amazon as a sales channel, integrate your online store with your Amazon account and start selling. There are over 300 million active users on Amazon and all of these users are your potential buyers. When it comes to the membership fee, it costs $39.99/month.

#2. eBay:

Another well-known name in the ecommerce industry. With 24 retail websites in the US, UK, Canada, Australia, China, Singapore, Spain, Italy, and more, eBay is one of the most popular marketplaces in the 00s. There are over 170 million active users. Integrating your Shopify store with eBay is free of charge. The only costs involved are the sellers fee.

#3. Etsy:

This is one of the most popular online marketplaces for handmade, unique, and vintage products. This company focuses on helping talented and creative people to sell their products online. Some of the most trending product categories on Etsy include clothing, jewelry, photography, toys, and more. There are over 1.9 million active sellers and over 33 million active buyers. Etsy charges $0.20 listing fee + 5% transaction fee.

#4. Bonanza:

A seller-friendly marketplace that sells in the US, UK, Canada, Spain, India, and more. There are over 2.2. Million active users and over 7 million page views per month. When it comes to a membership fee, there are no costs, while the sellers fees are 3.5% post sale (there is no listing fee).

#5. Walmart:

Although this online marketplace was only available to US-based businesses, the company has started expanding to sellers from other countries such as the United Kingdom, Canada, China, and more. There are over 360 million active users and 340 page views per month. It is free to list your items. The seller commission is 8-15%.

Online marketplaces are favorite destinations for online buyers. Selling on eBay, Amazon, Etsy, and etc. has now become an essential part of many ecommerce strategies.

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