2. ONLINE MARKETPLACE SOFTWARE - THE NEED!
Worldwide B2C ecommerce sales is going to increase by 17.1% by the year 2017.
Additionally, Asia - pacific region is going to collect the highest percentage
growth in 2017, that is going to be more than double the current growth rate.
More than 60 % of the online retailers expect online marketplaces to grow.
Reference : Forbes.
3. CASE STUDY ON ONLINE MARKETPLACE.
The shift to marketplace selling. Amazon’s latest numbers show that their third-
party sales volumes grew by a stunning 100 percent in 2014 and now account for
40% of total e-commerce turnover. Clearly, the marketplace segment is where the
big growth story is happening right now. For smaller sellers and manufacturers,
Amazon’s marketplace is a boon, and does a phenomenal job connecting them
with a vast pool of consumers. For larger brands and retailers who chose not to
sell via this channel, 2015 is crunch time: do they want stay away from the
marketplace party (and miss out on all that juicy growth…), or do they jump in –
and sacrifice some of their margins and exclusivity?
Reference : http://www.the-future-of-commerce.com
4. THE ONLINE MARKETPLACE TREND.
Mobile, mobile, mobile. The importance of mobile internet in high growth
markets like India, Indonesia and Thailand, cannot be overstated. As the masses
come online in 2015, desktop interface will be a mere niche, while handheld tablet
and mobile UIs will dominate. For marketplace service providers, efficient mobile
page design must be the overriding priority, and they will need to balance low
page weights and fast load times against the need to deliver rich and relevant
content to information-hungry users on the move.
Reference : http://www.the-future-of-commerce.com
5. THE RIGHT TYPE OF ONLINE MARKETPLACE THAT
ACTUALLY WORKS.
Prioritize Geographies – Choose an initial
geography to begin and then expand once you’ve
worked out the kinks. When prioritizing, be sure
to take into account the products that you sell and
the languages you can speak.
Products to Sell – After selecting the geographical
market(s) in which to sell, you must determine
what merchandise meets the needs of prospective
buyers. It’s important to remember that the
products that sell well in the US won’t
necessarily sell well in foreign markets.
Prioritize Geographies - eVendor back end panel
helps your marketplace to be launched in your
pre selected geographical regions with multi
languages capability.
Products to sell - eVendor back end panel helps your
marketplace’s vendors to sell physical, downloadable
and services related goods over website and mobile
app.
Hurdles Solutions
6. THE RIGHT TYPE OF ONLINE MARKETPLACE THAT
ACTUALLY WORKS.
Impacts to Daily Operations – Create a plan to
appropriately staff your operations to handle increased
order volume that may result from new market
development. Determine whether you need to adjust
your business processes to accommodate the new
markets.
Impacts to Daily Operations - eVendor is a ready to
use marketplace software which can handle heavy
volume business with utmost precision. Extract reports
for every vendor , everyday.
Options for Order Fulfillment – Consider order
fulfillment to help scale your business. Merchants
simply ship their products to customers. But someone
has to takes care of the fulfillment, customer service and
returns handling.
Options for Order Fulfillment - eVendor with its
Order fulfillment options like Order tracking, order
notifications, abandoned cart, multiple payment
gateways, multiple shipping options, after purchase
support, returns, reviews and ratings makes order
processing easy.
Hurdles Solutions