When planning to launch an online store, one foremost question that sellers come across is which platform to sell on. There are so many marketplaces, which one is ideal for them? Add to this the confusion of should they launch their own online store – given it is relatively easier today – or not.
So a common question that jumps ahead of everyone is—“should I be selling on Jet vs Amazon?”
How do these two marketplaces trade with each other? Which one guarantees a higher sale to the sellers?
The phenomenal growth of Jet.com Marketplace
Started back in 2015 with only 100,000 invite-only trial buyers, Jet.com has emerged to be a leading player in the world. In fact, on the global scale, it ranks in the list of top 5 biggest marketplaces, competing (and defeating) the established platforms.
The latest number suggests that, with millions of visitors buying from it every month, Jet.com is growing 278 times faster than Amazon’s growth rate. Now that is something exceptional that speaks volume for all the sellers confused about their marketplace selection.
eBay—the boss of marketplaces
Although in recent times eBay has lost its dominance in the face of higher competition, it’s still just as relevant. Possibly the most established market player, it boasts over 25 million sellers and over 1 billion product listings. Its team is just as big, employing over 12,600 individuals across the world.
So for many new sellers, eBay is, of course, an attraction. The confusion comes when they are limited in their resources and want to optimize the return on their investments of money, time and energy. So the question naturally comes—eBay or Jet.com?
Sell on both- eBay and Jet.com marketplace. When you sell on more number of platforms, you manifold the chances of sales and revenue. In fact, one study found that adding Jet.com to multichannel efforts can increase annual sale by 23 percent or more. So when you’re running eBay store in sync, you’re assured of higher revenue.
Admittedly, handling multiple online stores require Supermanesque-powers. This is where third-party e-commerce software solution comes into play a major role. Offering powerful integration features, along with managed services, they make controlling various platforms together much easier, convenient and efficient. Integrate everything from Jet.com and eBay to Magento Rakuten, easily and affordably.
So if you’re starting, start on both the platforms to maximize your returns. Signup to a nice multi-channel e-commerce software solution.
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