Wednesday, August 28, 2013

How to Find the Most Profitable Marketplace to Sell Your Items

Online retailers are experiencing a huge shift in moving from giant marketplaces like eBay and Amazon to smaller, more boutique and community-orientated marketplaces such as ArtFire, RubyLane, Addoway and Bonanza.

I’ve seen a lot of these spring up in the past few years, but only in the last two years or so, have I really started being impressed by some of the options these emerging marketplaces offer. Now is definitely a great time to check them out because a lot of sellers – including SaleHoo members  - are really hitting the right market and making an impressive amount of sales when they start selling on these sites.

So where can you find new marketplaces to try out, and how do you know if they are any good?

The Exciting New Tool Allowing You to Find the Best Marketplace

This month, eCommerceBytes launched a new feature called Ratings and Reviews for online sellers. The Ratings and Review feature provides a platform for you to get unbiased reviews on marketplaces before you spend time (and/or money) listing your items there.



The new rating system allows users to rate marketplaces and auction sites on performance, reliability ease of use, customer service and value. Reviewers can also leave written comments to tell you all about their experience using the marketplace.

eCommerceBytes’ Ratings and Reviews also allows you to review and view ratings for inventory management systems, payment services, storefronts and carts, shipping services, email list hosting, and consignment services.

Pretty cool, huh?

Now you can get a snapshot of what other users are saying about these service providers before you sign up to use them yourself!

The new ratings system is starting to gain traction and is getting more reviews every day so I recommend that you check it our yourself and review what others have to say, and rate your own experiences to share with others.

Want to know my pick for the very best marketplaces on the web? I recently went undercover and posed as a brand new seller: I created new accounts on 5 of the top marketplaces and tested them for profitability, customer services, fees and more. To find out which marketplace came out on top, you need to become a member of my new product, Online Selling Tactics by SaleHoo. Check it out here.

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