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Tag Archives: marketplace

6 differences between Magento marketplace websites and Ecommerce websites

10 differences between Magento marketplace websites and Ecommerce websites

Magento marketplace is also a kind of online webstore but it is more complicated model. So what are the main differences between Magento marketplace websites and Ecommerce ones? Let read this article: Less initial investment With an ecommerce website, besides the initial investment for building website, a considerable amount of money you need to spend is for inventory cause customers …

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4 main types of ecommerce marketplace

4 main types of ecommerce marketplace

In short, marketplace is the business model that allows multiple vendors to list and sell their products under a single domain so customers have more options to compare and choose in the best possible price and quality. There are no shortcuts for launching a marketplace and making it successful. Easy come, easy go, right? The first step to start a …

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5 mistakes of startup are killing marketplace

5 mistakes of startup are killing marketplace

When starting anything, mistakes are inevitable, they give you a chance to learn and improve yourself. However, in marketplace, some mistakes are really costly and should be prevented immediately. Here are some suggestions for you: Poor risk management Let’s consider the cases of two giants: Airbnb and Uber When an Airbnb apartment teetered on the edge of being trashed, it …

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Evaluating B2B ecommerce model: Marketplace and Direct (part 2)

marketplace

In Part 1, we had gone over the characteristic of Marketplace model. Of course, both two models have their own pros and cons. As in the previous part, while Marketplace offers greater visibility, higher competition, and less flexibility, the Direct model will give you full control over customer experience. Here are some special characteristics of this model. The Direct Model: …

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Evaluating B2B ecommerce model: Marketplace and Direct (part 1)

marketplace

A lot of people who desire to start their own business but feel confused with two B2B e-commerce model: Marketplace and Direct model. It can be understood briefly that Marketplace is where brands sell their products wholesale online right alongside their competitors while Direct Model will involve a brand creating a B2B eCommerce portal dedicated only to their products. If …

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Comparing Ecommerce Drop shipping and Marketplace

A lot of investors are confused when deciding whether to choose marketplace or drop shipping, what’s behind these two models, which one is more suitable. So, in this article, I will give you an overview in terms of similarities and differences of Drop shipping and marketplace. Similarities: Operating based on the common key foundation: the entity who sells product will …

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5 things you should consider before building marketplace (part 1)

Online marketplaces or multi-vendors are so hot recently. Let’s see the successful platform of Esty, Amazon or Fiverr, you will find that there is no limitation for this models, it is so flexible and can be applied to any area of business. However, with a lot of economic experts, this is just a beginning, the future for this model is …

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Top 9 Marketplace Alternatives to Amazon and Ebay

amazon-alternatives marketplace

It is undeniable that Amazon and eBay are the two giants that dominate the online marketplace space. They are the king but it does not mean that there is no alternative existing, especially when these two giants only provide categories of products, not all the things and in US, it is so easy to recognize that a lot of sellers …

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Benefits and challenges of implementing multi-vendor marketplace

benefits-and-challenges-of-multi-vendor-marketplace

Do you know that Amazon reached the record number of net sale revenue $74.45 billion in 2013? So amazing and dream number for any business owners! Morningstar Analysts even called Amazon by one of the most disruptive forces in the retail world. Amazon is just a very typical example, you also can see NewEgg, Etsy, and eBay, they have also …

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What is multi-vendor marketplace?

what is multi-vendor marketplace?

The dynamics of online shopping has changed the thinking of eCommerce entrepreneurs. Many of them agree that investing in the multi-vendor store will be better, more beneficial than just an e-commerce store to selling their own products and services only. Multi-vendor systems, which is also referred as online marketplaces quickly becomes a great deal for any business owners because this …

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