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Ecommerce marketplaces have witnessed rapid growth and are becoming increasingly influential. As the saying goes, “Go where your customers are,” nowadays, customers are flocking to popular marketplaces like Amazon, eBay, Alibaba, Walmart, and Rakuten for their shopping needs.
The previous year, global ecommerce sales reached a staggering $5.7 trillion worldwide. Experts predict that sales will continue to rise, surpassing $6.31 trillion by 2023.
Selling your products or services on a marketplace offers numerous advantages, including brand building, convenient shopping experiences for consumers, and the potential for increased profits. However, venturing into global markets through these platforms can present unique challenges.
This comprehensive guide aims to provide insights into the intricacies of global ecommerce marketplaces and an overview of the most popular marketplaces across different regions around the globe.
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An ecommerce marketplace is a digital platform where multiple sellers can list and sell their products to a wide range of customers. These marketplaces act as intermediaries, connecting buyers and sellers and facilitating transactions. Popular examples of ecommerce marketplaces include Amazon, eBay, Alibaba, and Etsy.
An ecommerce store, online store or web store, is an individual website owned and operated by a single business. It is a dedicated platform for the business to showcase and sell its products or services directly to customers. Examples of ecommerce store platforms include Shopify, WooCommerce, Magento, and BigCommerce.
There are four primary categories of marketplaces:
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Image Source: Amazon
Sell from Shopify.
Sell from WooCommerce.
Image Source: eBay
Sell from Shopify.
Sel from WooCommerce.
Image Source: Walmart.
Sell from Shopify.
Sell from WooCommerce.
Image Source: Etsy.
Sell from Shopify.
Sell from WooCommerce.
Image Source: AliExpress.
Sell from Shopify.
Sell from WooCommerce.
Image Source: Taobao.
Sell from WooCommerce.
Image Source: Rakuten.
Sell from WooCommerce.
Image Source: Mercardo Libre.
Sell from WooCommerce.
Sell from BigCommerce.
As you can see, there are a number of niche and global marketplaces available for expansion. All you need is a trusted business partner to help you scale in the right direction.
CedCommerce, with its expertise in platforms like Magento, Shopify, WooCommerce, and more, is helping businesses create and optimize their online stores, drive traffic, and increase conversions. The high-end solutions include multi-channel integration, marketplace integrations, mobile app development, SEO optimization, and more.
Visit here to explore more or connect with our experts.
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