There are numerous areas you can set up business when selling things online. Some merchants choose to construct their own online store, while others offer their products through marketplaces.
Global online marketplaces are becoming increasingly popular among merchants and customers alike, and as any smart retailer knows, you must sell where your customers are buying.
The options that come with selling through online markets can be huge, so read this guide to find out whether an online marketplace is right for you and which one(s) you should choose.
The Top 10 Online Marketplaces
We’ve compiled a list of the top ten global online marketplaces to assist you decide which platform is ideal for your ecommerce needs.
1.Amazon
As one of the world’s largest marketplaces, it’s no surprise that Amazon remains a popular choice for both retailers and shoppers.
Amazon is not just a big online marketplace for buying and selling things, but it is also the internet’s second largest search engine.
Amazon provides an unequaled shipping and fulfillment service that can elevate your brand’s visibility to new heights. Many prominent firms choose to begin on Amazon first, building a devoted client base before establishing a specialized online site.
2. Etsy
Etsy is a popular platform for shops offering handmade or one-of-a-kind things.
Etsy is a popular online marketplace that primarily services businesses in the arts and crafts market.
Sellers on the platform develop and sell everything from vintage items to bespoke products to collector items.
3. eBay
eBay has grown from a used-item auction site to a significant global online marketplace.
eBay was formerly supposed to be only an online auction house for used products, and while it still has that purpose, it has developed into one of the world’s largest markets, selling items in about every category imaginable.
4. Walmart
Third-party merchants are permitted to sell on Walmart’s online marketplace.
Walmart is a retailer in its own right, but did you realize it’s also a marketplace?
Walmart allows third-party vendors to offer products from over 35 different product categories on its website, including crafts, books, and computers.
5. Libre Mercado
Mercado Libre is a significant internet marketplace in Mexico.
Mercado Libre is a massive internet marketplace in Mexico.
Since its inception in 1999, Mercado Libre has grown to become Amazon’s main competitor in Mexico. So, if you’re looking to target a local audience, this is absolutely one to consider.
6. Shopee
Shopee offers a staggering number of product categories from which to pick.
Shopee is a Malaysian online marketplace with over 50 million monthly visitors.
One significant advantage of Shopee is that businesses with fewer than 100 completed purchases are excluded from paying commission fees.
7. Flipkart
Flipkart sells thousands of different products to an Indian audience.
One of the biggest online markets in India is Flipkart. In fact, the internet store alone brought in $4.6 billion in revenue in October 2021!
Originally an online bookstore, the platform has since expanded to include other categories such as furniture, groceries, and clothing.
8. Frucugo
Fruugo is situated in the United Kingdom and serves a global audience across Europe and Asia.
Fruugo is a global online marketplace that operates in over 50 countries in Europe and Asia.
9. AliExpress
AliExpress is famous among merchants because to its excellent customer service.
AliExpress, based in China, services over 230 nations and territories, making it a truly global online marketplace.
10. Cdiscount
Cdiscount, established in France, even includes a travel retailer segment.
Cdiscount is a rapidly expanding French online marketplace.
It has around 10 million active clients and enables retailers to construct their own shopfront with no startup charges and no sales cap.
Summary
Selling your products on a global internet marketplace can result in huge ecommerce success, but it won’t be easy.
There’s a lot of noise and rivalry out there in today’s online purchasing environment, but if you can locate the online marketplace that’s suitable for you, you might be reaching millions of people.
