Before Selling in Marketplace
A lot of changes have occurred in the E-commerce industry since its origin. Ecommerce nowadays has taken a faster pace. Selling own products solely to offering products from multiple-sellers is a trend ecommerce/business owners are adopting. Online stores are taking a quick shift towards Marketplaces. Sales through Multivendor marketplaces will account for almost thrice as compared to online stores by 2021. In comparison to single e-commerce stores, a multi-vendor marketplace helps in retaining up to 89% of the customers. Let’s see some influencing factors before start selling in Marketplace. #Analyze picture and Metadata of products in the marketplace with your niche. Metadata is a set of data that describes and gives information about other data. Photo metadata allows information to be transported with an image file, in a way that can be understood by other software, hardware, and end users, regardless of the format. By analyzing the existing products in the mark