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“It makes sense to charge for something that’s valuable, but at the same time you’re trying to build liquidity and velocity of transaction in a marketplace.”- Bonnie Sherman, Upwork’s VP for Product, Global. Simply put, the most successful marketplaces are those who managed to make their buyers and sellers happy. Finding what intrigues them is […]
Running an eCommerce business without a proper line of communication makes you lose opportunities and exposes you to issues getting out of hand, which would otherwise have been manageable (if you had the right tool). You need a reliable communication pathway between vendors, customers and yourself, especially amidst this current pandemic.. Did you know that […]
WordPress 5.5 2020 Release and the Expectations It’s finally here! WordPress 5.5 was the much-awaited release of 2020. People were looking forward to the new features and updates that the upgrade would introduce. They anticipated that WordPress 5.5 would deliver a marvellous user-experience. Digital Entrepreneur Adam Preiser had said- “This is the biggest update that […]
Times are tough as lockdowns imposed by the Covid-19 pandemic has slowed down businesses across the globe. In spite of all the chaos, 169,782 new sellers have joined Amazon marketplaces this year. Why is that? Source Multi Vendor marketplaces have retained their profitability in the eCommerce industry. Moreover, people prefer online shopping over local retail […]
A quick global scan will reveal that the top eCommerce companies are multivendor stores. Compared to solo online shops, multivendor websites offer added versatility in terms of, The total number of products Online presence and authority The ease and simplicity of setting up shop on the internet So how do these e-Commerce websites are able […]
Despite search engine optimization having the highest ROI for any eCommerce marketing campaign, most online stores still turn a blind eye to SEO’s ability to drive traffic, generate leads, and make sales. But remember. SEO is not an overnight venture. It requires your genuine efforts and time. But once you rank, your revenue will improve […]
WordPress needs no introduction. 35% of the web uses WordPress, from hobby blogs to the biggest news sites online. BBC America, The New Yorker, Sony, Star Wars, Beyonce, Microsoft News Centre, Bata, Marks and Spencer for Business… You name the most popular to most used websites, chances are they are built on WordPress. They say, […]
The first few years of your multi vendor startup are the most challenging. As an entrepreneur, you must Invest in continuous market research. Innovate disruptive ideas that provide a new approach to your niche. Be determined to pursue your goals. Seek guidance from mentors who are experts in the field. Look for investors who are […]
E-Commerce has been around for a while and is slowly becoming a key contributor in the world’s economy. Businesses both large and small are popping up across the globe and although they show a lot of promise at the beginning, most of them fail just a few months down the line. Considering the rising competition, […]
Before we address this lingering question, let’s get a clear understanding of what ‘safe’ means. In February 2020, Anonymous created a page for Taiwan by hacking into the United Nations website. The webpage featured the KMT emblem, the Flag of Taiwan along with other landmarks of the country. Besides the obvious political ‘intent’ of the […]
Most marketplaces struggle with Chicken and Egg problems. Learn how successful companies have resolved it.
It’s better to launch an online marketplace than an online store. But how? In our two-series of blogs, we are discussing the art of preparing yourself to launch a successful marketplace. Hope you have read part one, here is the final part.
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