It is not new that selling on marketplace has become a very viable option. In 2022, for example, the marketplace sector in Brazil grew 3% compared to 2021, totaling BRL 135.6 billion, according to data from the Brazilian Association of Electronic Commerce (ABComm). However, do you know how you can achieve better results when selling on marketplaces? What are the advantages and disadvantages of this model? If you’re interested in finding out more and even picking up some tips, this article is for you! So keep reading to find out more! What will you find in this article? [ Show ] HOW TO SELL ON MARKETPLACE IN PRACTICE? Selling on a marketplace in practice involves following some important steps to list your products, attract customers and manage your sales.
Below is a step by step guide to get you started
Marketplace Choice: First, select the marketplace best suited for your product type and target audience. Some of the most popular marketplaces include Amazon, Mercado Livre, Shopee, Magalu, among others. Make sure you understand each platform’s policies, fees, and requirements before choosing one. Registration and Configuration : register as a CMO Email Lists seller in the chosen marketplace. Follow the registration procedures and provide all the necessary information to set up your seller account. Product Ad Creation: Prepare compelling product ads with detailed descriptions, high-quality photos, and information on pricing , conditions, and other relevant details. Make sure you follow the marketplace guidelines for optimizing your ads.
Inventory Management keep accurate control of your products
Many marketplaces have integrations with inventory management systems to facilitate this process. Competitive Pricing: Analyze the prices of your competitors’ products in the marketplace and establish competitive prices that attract customers without compromising your profitability. Customer Service : Offer excellent customer service to build a EC Lists positive reputation in the marketplace. Promptly respond to customer inquiries and resolve any issues or complaints that may arise. Fulfillment and Logistics: decide how the product delivery process will be. Some marketplaces offer fulfillment services, where they manage inventory and shipping logistics for you. If you need to take care of delivery, make sure you do it efficiently and on time. Marketing and Promotion: promote your products within the marketplace and also on other channels, such as social networks and email marketing.