Blog: IT-blog
by DetLew

Website or marketplace

marketplace

Date:   7/12/2022 12:14:00 PM   ( 25 mon ) ... viewed 237 times

Where is it more profitable to sell: on the website or marketplace

 

What are the parameters to choose a platform for the start of sales
Entrepreneurs and companies sell simultaneously in offline and online stores, on marketplaces, in social networks and through mobile applications. Experts advise selling through multiple channels to reach more buyers. This approach is called multi-channel selling.

Access to each new site incurs additional costs. For example, in order to sell through an application, it must be developed, and in order to open a point of sale, it is necessary to rent a room and make repairs. Aspiring entrepreneurs often choose only one sales channel at the start in order to save money. The income of the business and the speed of its development depend on this choice.

Choosing a platform on the advice of a blogger or friend is risky, they may have other conditions. You can apply for marketplace development services https://peiko.space/service/marketplace-development-services
Let's take an example.

Julie sells wooden building blocks for kids. She once tried to sell it at the mall, but the rent ate up most of the profits. Then she started selling on the marketplace - there the number of sales increased 10 times, and the costs of the business decreased.
Julie now advises everyone to sell on the marketplace.

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