SlideShare une entreprise Scribd logo
1  sur  15
Listing Your Products on Online
Marketplaces
About The Author
Jared P Shaner
A student of the game who believes there
are no limits to learning nor humility. I
absolutely love staying on top of the
emerging trends and technologies for my
clients and learning from those far wiser
than myself.

Ohh and I’m a Makers Mark Ambassador so
it’s fair to say I love me some bourbon and
the fine smell of mahagony

About Plum Tree
The Plum Tree Group is an Interactive Marketing and Technology
firm, we work to implement enterprise level eCommerce
solutions leveraging Magento Commerce.

jared@plumtreegroup.net
plumtreegroup.net

@Jaredism
www.linkedin.com/in/jaredshaner/
More Customers = More Sales
Listing Your
Products on Online Marketplaces

If you're planning on launching, or have recently launched, a new site
and are looking for a way to increase sales quickly...you may consider
marketplaces.
Marketplaces frequently get confused with comparison shopping
engines, but there's actually a substantial difference. A marketplace
will hold a summarized version of your inventory for you and then
have established brands stand behind your products, giving them
credibility. Additionally, as opposed to comparison shopping
engines, marketplaces will have strict regulations that you must meet
before being displayed on their site. Examples of such sites are
Amazon, Sears, and Ebay. While marketplaces may be an entirely
different game, requiring it's own sales model, it can be the initial lift in
traffic and sales that you need.
1
Things To Consider When Choosing
A Marketplace

Does it effect
my brand?

Is there a
similar
business
model?

Be careful when choosing a
marketplace, because you want to
make sure it represents the culture
and feel of your brand. Some
marketplaces can come across as
“discount-y”, while others may just
pick up on a demographic that isn't
your target market. Both of these
things can be good, if that suits
your brand

You want to make sure the
marketplace you've chosen has
a similar philosophy when it
comes to business. Without this
agreement, customers may be
confused and experience a lack
of consistency in things such as
response times, shipping
rates, shipping time frames, and
return polices. You don't want to
confuse or annoy customers.

2
Things Ton Consider When Choosing
A Marketplace

Avoid internal
competition

You want the price of your
products to be the same in
your online store and
marketplace. Fluctuating
prices can be tempting if
you're trying to capture quick
sales, but think about your
brand with a long-term lens

3
Why List on Online Marketplaces?
There are a number of reasons why a company should list its products on
an online marketplace. But what are the top reasons why you should do
so?

How Online Marketplaces Make Your Life Easier

Reach

• Online marketplaces
have their own, rather
large, audience
• Gain access to larger
potential customer base

Larger audience
= larger
possibilities of
buyers

Comparison
Shopping

• This can be good or
bad, but…
• You products are
displayed next to similar
brands

Show potential
buyers why
you’re better
than the
competition!

4
Why List on Online Marketplaces?
There are a number of reasons why a company should list its products on
an online marketplace. But what are the top reasons why you should do
so?

How Online Marketplaces Make Your Life Easier

Fulfillment
Options

International
Business

• Ex: Amazon
• Alleviate any inventory
storage issues

Say goodbye to
annoying, needy
customers and
shipping issues!

• Marketplaces have
figured out how to sell
overseas…so you don’t
have to

Reach even more
customers by
being accessible
across seas.

5
Why List on Online Marketplaces?
There are a number of reasons why a company should list its products on
an online marketplace. But what are the top reasons why you should do
so?

How Online Marketplaces Make Your Life Easier

Increase
Revenue

• It was found that
retailers derived almost
15% of sales from
marketplaces!

It’s simple. Let
the marketplace
help you make
more money.

6
The Major Players in the Game
1

Amazon

2

Google

3

Rakuten

4

Newegg

5

Etsy

7
Amazon
E-tailer in the world

137

5x

Million customers/week

Users are 5x more valuable than
eBay users

8
eBay
68

Reaches over 68 million people in the US/month.
Over 100 million people worldwide.

175

1.3

Billion dollars in sales in 2013

Million people make a living off of
selling on eBay

Auction-style selling

9
Rakuten
A Japanese electronic commerce &
Internet company – going global

B2B2C

E-commerce site in Japan

4.7

Billion dollars in revenue in 2013

10
Newegg
2001

Founded in 2001

3

#2

Billion dollars -- net worth

Online-only retailer

11
Etsy
A marketplace focused on
handmade/vintage items

30

Million registered users as of August 2013

1

1

Million sellers

Billion in total annual transactions

12
The Must Have Software For Making
Your Marketplace Work For You
ChannelAdvisor
ChannelAdvisor is a provider of
cloud-based, or Internet-hosted,
e-commerce services that enable
retailers to increase profitability
through dozens of online
channels including Amazon,
Google, eBay, Facebook, and
more. Through automation,
analytics and optimization,
ChannelAdvisor leverages a
single inventory feed to connect
suppliers with shoppers to
increase sales

13

Contenu connexe

En vedette

201 Elmhurst College football games notes (vs. North Central) by Kevin Juday
201 Elmhurst College football games notes (vs. North Central) by Kevin Juday201 Elmhurst College football games notes (vs. North Central) by Kevin Juday
201 Elmhurst College football games notes (vs. North Central) by Kevin JudayKevin Juday
 
Por Siempre Fortinero
Por Siempre Fortinero Por Siempre Fortinero
Por Siempre Fortinero guitorive
 
2013 Elmhurst College football game notes vs. Millikin (Oct. 26) by Kevin Juday
2013 Elmhurst College football game notes vs. Millikin (Oct. 26) by Kevin Juday2013 Elmhurst College football game notes vs. Millikin (Oct. 26) by Kevin Juday
2013 Elmhurst College football game notes vs. Millikin (Oct. 26) by Kevin JudayKevin Juday
 
The Necessity of POS Integration
The Necessity of POS IntegrationThe Necessity of POS Integration
The Necessity of POS IntegrationJared Shaner
 
2013ott12 1d silveri.simone.doc
2013ott12 1d silveri.simone.doc2013ott12 1d silveri.simone.doc
2013ott12 1d silveri.simone.docSimone Silveri
 
Tips for Successfully Implementing ERP Systems
Tips for Successfully Implementing ERP SystemsTips for Successfully Implementing ERP Systems
Tips for Successfully Implementing ERP SystemsJared Shaner
 

En vedette (6)

201 Elmhurst College football games notes (vs. North Central) by Kevin Juday
201 Elmhurst College football games notes (vs. North Central) by Kevin Juday201 Elmhurst College football games notes (vs. North Central) by Kevin Juday
201 Elmhurst College football games notes (vs. North Central) by Kevin Juday
 
Por Siempre Fortinero
Por Siempre Fortinero Por Siempre Fortinero
Por Siempre Fortinero
 
2013 Elmhurst College football game notes vs. Millikin (Oct. 26) by Kevin Juday
2013 Elmhurst College football game notes vs. Millikin (Oct. 26) by Kevin Juday2013 Elmhurst College football game notes vs. Millikin (Oct. 26) by Kevin Juday
2013 Elmhurst College football game notes vs. Millikin (Oct. 26) by Kevin Juday
 
The Necessity of POS Integration
The Necessity of POS IntegrationThe Necessity of POS Integration
The Necessity of POS Integration
 
2013ott12 1d silveri.simone.doc
2013ott12 1d silveri.simone.doc2013ott12 1d silveri.simone.doc
2013ott12 1d silveri.simone.doc
 
Tips for Successfully Implementing ERP Systems
Tips for Successfully Implementing ERP SystemsTips for Successfully Implementing ERP Systems
Tips for Successfully Implementing ERP Systems
 

Dernier

Real Time Object Detection Using Open CV
Real Time Object Detection Using Open CVReal Time Object Detection Using Open CV
Real Time Object Detection Using Open CVKhem
 
Axa Assurance Maroc - Insurer Innovation Award 2024
Axa Assurance Maroc - Insurer Innovation Award 2024Axa Assurance Maroc - Insurer Innovation Award 2024
Axa Assurance Maroc - Insurer Innovation Award 2024The Digital Insurer
 
TrustArc Webinar - Stay Ahead of US State Data Privacy Law Developments
TrustArc Webinar - Stay Ahead of US State Data Privacy Law DevelopmentsTrustArc Webinar - Stay Ahead of US State Data Privacy Law Developments
TrustArc Webinar - Stay Ahead of US State Data Privacy Law DevelopmentsTrustArc
 
Apidays New York 2024 - Accelerating FinTech Innovation by Vasa Krishnan, Fin...
Apidays New York 2024 - Accelerating FinTech Innovation by Vasa Krishnan, Fin...Apidays New York 2024 - Accelerating FinTech Innovation by Vasa Krishnan, Fin...
Apidays New York 2024 - Accelerating FinTech Innovation by Vasa Krishnan, Fin...apidays
 
FWD Group - Insurer Innovation Award 2024
FWD Group - Insurer Innovation Award 2024FWD Group - Insurer Innovation Award 2024
FWD Group - Insurer Innovation Award 2024The Digital Insurer
 
Navi Mumbai Call Girls 🥰 8617370543 Service Offer VIP Hot Model
Navi Mumbai Call Girls 🥰 8617370543 Service Offer VIP Hot ModelNavi Mumbai Call Girls 🥰 8617370543 Service Offer VIP Hot Model
Navi Mumbai Call Girls 🥰 8617370543 Service Offer VIP Hot ModelDeepika Singh
 
EMPOWERMENT TECHNOLOGY GRADE 11 QUARTER 2 REVIEWER
EMPOWERMENT TECHNOLOGY GRADE 11 QUARTER 2 REVIEWEREMPOWERMENT TECHNOLOGY GRADE 11 QUARTER 2 REVIEWER
EMPOWERMENT TECHNOLOGY GRADE 11 QUARTER 2 REVIEWERMadyBayot
 
Polkadot JAM Slides - Token2049 - By Dr. Gavin Wood
Polkadot JAM Slides - Token2049 - By Dr. Gavin WoodPolkadot JAM Slides - Token2049 - By Dr. Gavin Wood
Polkadot JAM Slides - Token2049 - By Dr. Gavin WoodJuan lago vázquez
 
2024: Domino Containers - The Next Step. News from the Domino Container commu...
2024: Domino Containers - The Next Step. News from the Domino Container commu...2024: Domino Containers - The Next Step. News from the Domino Container commu...
2024: Domino Containers - The Next Step. News from the Domino Container commu...Martijn de Jong
 
presentation ICT roal in 21st century education
presentation ICT roal in 21st century educationpresentation ICT roal in 21st century education
presentation ICT roal in 21st century educationjfdjdjcjdnsjd
 
Web Form Automation for Bonterra Impact Management (fka Social Solutions Apri...
Web Form Automation for Bonterra Impact Management (fka Social Solutions Apri...Web Form Automation for Bonterra Impact Management (fka Social Solutions Apri...
Web Form Automation for Bonterra Impact Management (fka Social Solutions Apri...Jeffrey Haguewood
 
Apidays New York 2024 - The Good, the Bad and the Governed by David O'Neill, ...
Apidays New York 2024 - The Good, the Bad and the Governed by David O'Neill, ...Apidays New York 2024 - The Good, the Bad and the Governed by David O'Neill, ...
Apidays New York 2024 - The Good, the Bad and the Governed by David O'Neill, ...apidays
 
Cloud Frontiers: A Deep Dive into Serverless Spatial Data and FME
Cloud Frontiers:  A Deep Dive into Serverless Spatial Data and FMECloud Frontiers:  A Deep Dive into Serverless Spatial Data and FME
Cloud Frontiers: A Deep Dive into Serverless Spatial Data and FMESafe Software
 
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...Miguel Araújo
 
Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...
Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...
Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...apidays
 
Connector Corner: Accelerate revenue generation using UiPath API-centric busi...
Connector Corner: Accelerate revenue generation using UiPath API-centric busi...Connector Corner: Accelerate revenue generation using UiPath API-centric busi...
Connector Corner: Accelerate revenue generation using UiPath API-centric busi...DianaGray10
 
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...Drew Madelung
 
Why Teams call analytics are critical to your entire business
Why Teams call analytics are critical to your entire businessWhy Teams call analytics are critical to your entire business
Why Teams call analytics are critical to your entire businesspanagenda
 
Powerful Google developer tools for immediate impact! (2023-24 C)
Powerful Google developer tools for immediate impact! (2023-24 C)Powerful Google developer tools for immediate impact! (2023-24 C)
Powerful Google developer tools for immediate impact! (2023-24 C)wesley chun
 
DBX First Quarter 2024 Investor Presentation
DBX First Quarter 2024 Investor PresentationDBX First Quarter 2024 Investor Presentation
DBX First Quarter 2024 Investor PresentationDropbox
 

Dernier (20)

Real Time Object Detection Using Open CV
Real Time Object Detection Using Open CVReal Time Object Detection Using Open CV
Real Time Object Detection Using Open CV
 
Axa Assurance Maroc - Insurer Innovation Award 2024
Axa Assurance Maroc - Insurer Innovation Award 2024Axa Assurance Maroc - Insurer Innovation Award 2024
Axa Assurance Maroc - Insurer Innovation Award 2024
 
TrustArc Webinar - Stay Ahead of US State Data Privacy Law Developments
TrustArc Webinar - Stay Ahead of US State Data Privacy Law DevelopmentsTrustArc Webinar - Stay Ahead of US State Data Privacy Law Developments
TrustArc Webinar - Stay Ahead of US State Data Privacy Law Developments
 
Apidays New York 2024 - Accelerating FinTech Innovation by Vasa Krishnan, Fin...
Apidays New York 2024 - Accelerating FinTech Innovation by Vasa Krishnan, Fin...Apidays New York 2024 - Accelerating FinTech Innovation by Vasa Krishnan, Fin...
Apidays New York 2024 - Accelerating FinTech Innovation by Vasa Krishnan, Fin...
 
FWD Group - Insurer Innovation Award 2024
FWD Group - Insurer Innovation Award 2024FWD Group - Insurer Innovation Award 2024
FWD Group - Insurer Innovation Award 2024
 
Navi Mumbai Call Girls 🥰 8617370543 Service Offer VIP Hot Model
Navi Mumbai Call Girls 🥰 8617370543 Service Offer VIP Hot ModelNavi Mumbai Call Girls 🥰 8617370543 Service Offer VIP Hot Model
Navi Mumbai Call Girls 🥰 8617370543 Service Offer VIP Hot Model
 
EMPOWERMENT TECHNOLOGY GRADE 11 QUARTER 2 REVIEWER
EMPOWERMENT TECHNOLOGY GRADE 11 QUARTER 2 REVIEWEREMPOWERMENT TECHNOLOGY GRADE 11 QUARTER 2 REVIEWER
EMPOWERMENT TECHNOLOGY GRADE 11 QUARTER 2 REVIEWER
 
Polkadot JAM Slides - Token2049 - By Dr. Gavin Wood
Polkadot JAM Slides - Token2049 - By Dr. Gavin WoodPolkadot JAM Slides - Token2049 - By Dr. Gavin Wood
Polkadot JAM Slides - Token2049 - By Dr. Gavin Wood
 
2024: Domino Containers - The Next Step. News from the Domino Container commu...
2024: Domino Containers - The Next Step. News from the Domino Container commu...2024: Domino Containers - The Next Step. News from the Domino Container commu...
2024: Domino Containers - The Next Step. News from the Domino Container commu...
 
presentation ICT roal in 21st century education
presentation ICT roal in 21st century educationpresentation ICT roal in 21st century education
presentation ICT roal in 21st century education
 
Web Form Automation for Bonterra Impact Management (fka Social Solutions Apri...
Web Form Automation for Bonterra Impact Management (fka Social Solutions Apri...Web Form Automation for Bonterra Impact Management (fka Social Solutions Apri...
Web Form Automation for Bonterra Impact Management (fka Social Solutions Apri...
 
Apidays New York 2024 - The Good, the Bad and the Governed by David O'Neill, ...
Apidays New York 2024 - The Good, the Bad and the Governed by David O'Neill, ...Apidays New York 2024 - The Good, the Bad and the Governed by David O'Neill, ...
Apidays New York 2024 - The Good, the Bad and the Governed by David O'Neill, ...
 
Cloud Frontiers: A Deep Dive into Serverless Spatial Data and FME
Cloud Frontiers:  A Deep Dive into Serverless Spatial Data and FMECloud Frontiers:  A Deep Dive into Serverless Spatial Data and FME
Cloud Frontiers: A Deep Dive into Serverless Spatial Data and FME
 
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
 
Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...
Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...
Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...
 
Connector Corner: Accelerate revenue generation using UiPath API-centric busi...
Connector Corner: Accelerate revenue generation using UiPath API-centric busi...Connector Corner: Accelerate revenue generation using UiPath API-centric busi...
Connector Corner: Accelerate revenue generation using UiPath API-centric busi...
 
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...
 
Why Teams call analytics are critical to your entire business
Why Teams call analytics are critical to your entire businessWhy Teams call analytics are critical to your entire business
Why Teams call analytics are critical to your entire business
 
Powerful Google developer tools for immediate impact! (2023-24 C)
Powerful Google developer tools for immediate impact! (2023-24 C)Powerful Google developer tools for immediate impact! (2023-24 C)
Powerful Google developer tools for immediate impact! (2023-24 C)
 
DBX First Quarter 2024 Investor Presentation
DBX First Quarter 2024 Investor PresentationDBX First Quarter 2024 Investor Presentation
DBX First Quarter 2024 Investor Presentation
 

Selling on Marketplaces eBook

  • 1. Listing Your Products on Online Marketplaces
  • 2. About The Author Jared P Shaner A student of the game who believes there are no limits to learning nor humility. I absolutely love staying on top of the emerging trends and technologies for my clients and learning from those far wiser than myself. Ohh and I’m a Makers Mark Ambassador so it’s fair to say I love me some bourbon and the fine smell of mahagony About Plum Tree The Plum Tree Group is an Interactive Marketing and Technology firm, we work to implement enterprise level eCommerce solutions leveraging Magento Commerce. jared@plumtreegroup.net plumtreegroup.net @Jaredism www.linkedin.com/in/jaredshaner/
  • 3. More Customers = More Sales Listing Your Products on Online Marketplaces If you're planning on launching, or have recently launched, a new site and are looking for a way to increase sales quickly...you may consider marketplaces. Marketplaces frequently get confused with comparison shopping engines, but there's actually a substantial difference. A marketplace will hold a summarized version of your inventory for you and then have established brands stand behind your products, giving them credibility. Additionally, as opposed to comparison shopping engines, marketplaces will have strict regulations that you must meet before being displayed on their site. Examples of such sites are Amazon, Sears, and Ebay. While marketplaces may be an entirely different game, requiring it's own sales model, it can be the initial lift in traffic and sales that you need. 1
  • 4. Things To Consider When Choosing A Marketplace Does it effect my brand? Is there a similar business model? Be careful when choosing a marketplace, because you want to make sure it represents the culture and feel of your brand. Some marketplaces can come across as “discount-y”, while others may just pick up on a demographic that isn't your target market. Both of these things can be good, if that suits your brand You want to make sure the marketplace you've chosen has a similar philosophy when it comes to business. Without this agreement, customers may be confused and experience a lack of consistency in things such as response times, shipping rates, shipping time frames, and return polices. You don't want to confuse or annoy customers. 2
  • 5. Things Ton Consider When Choosing A Marketplace Avoid internal competition You want the price of your products to be the same in your online store and marketplace. Fluctuating prices can be tempting if you're trying to capture quick sales, but think about your brand with a long-term lens 3
  • 6. Why List on Online Marketplaces? There are a number of reasons why a company should list its products on an online marketplace. But what are the top reasons why you should do so? How Online Marketplaces Make Your Life Easier Reach • Online marketplaces have their own, rather large, audience • Gain access to larger potential customer base Larger audience = larger possibilities of buyers Comparison Shopping • This can be good or bad, but… • You products are displayed next to similar brands Show potential buyers why you’re better than the competition! 4
  • 7. Why List on Online Marketplaces? There are a number of reasons why a company should list its products on an online marketplace. But what are the top reasons why you should do so? How Online Marketplaces Make Your Life Easier Fulfillment Options International Business • Ex: Amazon • Alleviate any inventory storage issues Say goodbye to annoying, needy customers and shipping issues! • Marketplaces have figured out how to sell overseas…so you don’t have to Reach even more customers by being accessible across seas. 5
  • 8. Why List on Online Marketplaces? There are a number of reasons why a company should list its products on an online marketplace. But what are the top reasons why you should do so? How Online Marketplaces Make Your Life Easier Increase Revenue • It was found that retailers derived almost 15% of sales from marketplaces! It’s simple. Let the marketplace help you make more money. 6
  • 9. The Major Players in the Game 1 Amazon 2 Google 3 Rakuten 4 Newegg 5 Etsy 7
  • 10. Amazon E-tailer in the world 137 5x Million customers/week Users are 5x more valuable than eBay users 8
  • 11. eBay 68 Reaches over 68 million people in the US/month. Over 100 million people worldwide. 175 1.3 Billion dollars in sales in 2013 Million people make a living off of selling on eBay Auction-style selling 9
  • 12. Rakuten A Japanese electronic commerce & Internet company – going global B2B2C E-commerce site in Japan 4.7 Billion dollars in revenue in 2013 10
  • 13. Newegg 2001 Founded in 2001 3 #2 Billion dollars -- net worth Online-only retailer 11
  • 14. Etsy A marketplace focused on handmade/vintage items 30 Million registered users as of August 2013 1 1 Million sellers Billion in total annual transactions 12
  • 15. The Must Have Software For Making Your Marketplace Work For You ChannelAdvisor ChannelAdvisor is a provider of cloud-based, or Internet-hosted, e-commerce services that enable retailers to increase profitability through dozens of online channels including Amazon, Google, eBay, Facebook, and more. Through automation, analytics and optimization, ChannelAdvisor leverages a single inventory feed to connect suppliers with shoppers to increase sales 13