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Selling on Own E-commerce Website v/s Marketplaces: What is Best?

Learn the differences between selling on custom e-commerce website and e-commerce marketplaces in our PPT. Get in touch if you seek for e-commerce development services or any related assistance. You will receive the response within 12 hours. For more details: https://bit.ly/3iuwm5S

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Selling on Own E-commerce Website v/s Marketplaces: What is Best?

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  1. Selling on Own E-commerce Website v/s Marketplaces : What is Best https://www.digitalmesh.com

  2. E-commerce Website v/s Marketplaces  These are the two available choices for vendors to sell their products online to reach a larger number of customers – using an e-commerce website or an online marketplace. Merchants all over the globe have reached out to the top E-commerce development company in India for creating their custom online store, marketing and 24/7 support.

  3. Difference b/w an Individual E-commerce Website and online marketplace • Selling on  e-commerce website looks like a single vendor store platform. • All the products are sold from a single website under the name of one brand. • In E-commerce Marketplaces  platforms  different merchants come together and list their products to the customers (Eg -Nykaa and Zivame). • E-commerce Marketplaces is also called a multi-vendor marketplace platform. • E-commerce marketplaces have also become very popular and have successfully established themselves in the industry (Eg - Amazon, eBay and Walmart).

  4. Advantages of selling on an individual e-commerce website • In individual e-commerce website , we would have full control of website layout and functionality. • More flexible to work on an individual e-commerce website. • No distractions of ads from competitors . • The website can be designed by including custom third-party integration services.

  5. Disadvantages of selling on an individual e-commerce website • High initial investment as compared to marketplace commerce. • Requires more advertising and marketing services. • Need extra charges for website application development services and its maintenance. • Requires more traffic to generate more sales.

  6. Advantages of selling on e-commerce marketplace • Offer custom tools and services to the vendors for selling their products. • Offer direct access to a large pool of active customers. • Marketplace is more trusted by people. • Marketplace offers secure payment system services. • Marketplace doesn’t require much marketing or advertising services. • Brings traffic to your website from marketplaces helping to build the brand name.

  7. Disadvantages of selling on e-commerce marketplace • Marketplace requires a membership fee, commission or revenue when selling over it. • High competition of products. • Consists of specifications that need to be followed by all. •  E-commerce marketplace have less control over the layout and functionality of products. • Distraction of ads from competitors.

  8. Hybrid approach - Marketplace Integration with the E-Commerce Website • Using both the strategies simultaneously will help you receive traffic from large marketplaces to your e-commerce website and hence increasing the conversions. • The only thing that needs to be taken care of in this hybrid approach is the workload • The Marketplace integration services allow the listing of products from your custom e-commerce website to any of the marketplaces.  • The online retailers can sell products on marketplaces and simultaneously manage the orders in their website admin panel.

  9. Digital Mesh Softech India (P) Limited At Digital Mesh, our expert e-commerce website development team has extensive experience in building websites on the most popular e-commerce platforms like Shopify, Magento and Woocommerce. We have helped many of our global clients get on these platforms and build their business in our Shopify and Magento Development Company in India. The professional developers have also helped the Clients get custom marketplace integration services along with requested payment systems in their website applications at our top e-commerce and Software Development Company in India.

  10.  Thank You Digital Mesh Softech India (P) LimitedUnit 1: 43-A, E Block, 2nd Floor,Cochin Special Economic Zone, Kakkanad,Kochi - 682037, Kerala, INDIA.Tel: +91-484-4060200Fax: +91-484-4060201Email: info@digitalmesh.comhttp://www.digitalmesh.com Digital Mesh Softech US992 Broadway #2, BrooklynNew York 11221, United StatesTel: +1 (718) 974-2656 Email: info@digitalmesh.com http://www.digitalmesh.com

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