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You can see many success stories from our customers, and you may be one of them in the future
With the pandemic driving more consumers online, e-commerce is booming and offers an opportunity for entrepreneurs to start their own businesses.
Read MoreWith the growing competition in the e-commerce industry, building a strong brand identity is crucial for the success of any e-commerce website.
Read MoreWith the great huge benefits of an e-commerce website, this type of business operation is blooming across the world in different fields. On the other hand, some challenges still exist.
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Currently, we all know that marketplace is a modern trend that many businesses are pursuing. Because of that, everyone needs to improve their sales page to stand out among thousands of other businesses. In this post, CMSmart will show you the upcoming trend of 2020 so you can consult to improve your marketplace.
1, Implement your own market
It's hard to run after Amazon and allow everything to be sold on your marketplace. If users have to choose to buy things from the similar marketplace, they will definitely choose a more reputable marketplace. If you want to survive, choose the small niches to attack. For example, you can create a marketplace which specialize in selling used products, craft products, specialized products. Creating a website has its own pursuit. For example, if you have a marketplace about second hand goods, people will remember your page more than Amazon when they talk about this topic. But if you build a marketplace to sell everything, customers will remember Amazon instead of your site.
2, The bargain method
If you use bargain feature, this will be a very good buying stimulus feature. Psychologist Scott Bea, PsyD, say that bargain is all about intermittent reinforcement. Intermittent reinforcement is when you are rewarded inconsistently and occasionally. This usually encourages you to keep trying until you get what you want - like a designer purse at a great price.
For those who like shopping, being allowed to bargain with the store owner will make them more excited. Even if your customers do not really need that product, but when they bargain successfully, they will buy it because they are happy.
3, Multivendor feature
Last but not least, when talking about marketplace, you need to remember of Multi-Vendor. In theory, Multi-Vendor is a stand-alone E-Commerce software which allows you to create an online marketplace. With Multivendor, independent vendors can sell their products through a single storefront.
Each vendor can list their products on such a website and buyers come to the store to buy the products offered by various vendors. There are multiple ways by which a marketplace owner can earn the revenue like:
Alibaba, Amazon, Shopee, eBay, etc. are some popular multi-vendor marketplaces. A huge challenging is choosing the right eCommerce platform as the available options vary considerably on cost, quality, and performance.
We found that Magento is one of the most flexible and popular eCommerce platforms being used across the world. At Cmsmart Marketplace, we have the perfect solution for your wonder which is called by Magento multi-vendor theme. Let’s try out our solutions. I promise that it’s won’t let you down.
Best regards. Have a nice day!
Vincent
Sales Consultant Manager
Skype: live:vincent_4281
Phone/ whatsapp: +84 978 847 058
Email: [email protected]