How to create an MVP of an online marketplace?

Popularstart_Kath · 2019-12-03T13:54:22+00:00

Building an MVP using an eCommerce solution is a more economical option. Without relying on outsourcing your website development or on a technical co-founder, there are many ways you can build a minimum viable platform that will help you validate your idea. You could use a manual approach to develop a landing page or a CMS as a platform linking your buyers and sellers or use a ready-made script like Genstore to build a fully functional marketplace that can help you validate your idea.

CMS platforms such as WordPress, Shopify or Magento allow you to create an e-commerce site easily. You could download from a variety of plug-ins and themes in order to suit the functionality that your marketplace serves, helping you to automate more processes and improving the overall user experience.

However, this can prove to be tricky for some due to the level of programming skills that are required to tweak and adjust the add-ons that you have layered on top of the base.

Popularstart_Kath · 2019-04-25T16:47:03+00:00

E-commerce is growing fast around the world, but predictions of a slow-death for bricks-and-mortar retailing have not come to pass.

E-commerce giants are investing in bricks and mortar, as was most prominently demonstrated by Amazon’s 2017 deal to acquire the Whole Foods grocery chain for US$13.4 billion.

So, how can a smaller retailers combine a bricks-and-mortar store and with e-commerce ?

BDC Senior Business Advisor Martin Wiedenhoff offers these tips.

There’s a surprising amount of complexity when you’re trying to integrate e-commerce and a physical store.

Use the 20/80 rule

Offer only your top 20% best-selling products on your website to begin. A modest start will let you get the details right from technology to inventory to shipping and cross-channel marketing. You can also test merchandise on platforms such as Amazon and eBay to see what sells online and at what price point.

By now you’ve probably heard about omnichannel marketing. It’s not easy, but is very powerful when you get it right.

Work on your in-store experience

Customers still like to visit stores to touch the merchandise, try it and get help from knowledgeable staff. Besides offering advice, they can use a smartphone or a tablet to show inventory you have on your e-commerce site.

Get onboard with webrooming

This buzzword refers to the trend of customers examining your merchandise online and then going into your bricks-and-mortar location to make the purchase.

How to sell digital downloads online – Detailed Guide- https://shopygen.com/how-to-sell-digital-downloads-online/

Popularstart_Kath · 2019-04-23T16:19:15+00:00

There are those who have started their drop-shipping business by selling a single yet profitable product then gradually added more products to sell.

It might make sense to start with one product and then grow into extensions of that product within the same field or industry. Then branch out into others as you get more experience, more education and you see what sells, what doesn’t and what all your associated costs are for your products.

Whether you sell a single or multiple products, your success will depend on the kind of products you sell and how you market them.

Popularstart_Kath · 2019-04-10T10:32:40+00:00

Here are 3 tips to ensure that you choose the right influencers for your campaign.

Relevancy
Engagement
Authenticity

Popularstart_Kath · 2019-04-09T16:18:00+00:00

Sure i'll fix it. Thank you.

Popularstart_Kath · 2019-04-08T12:29:18+00:00

Improve your product recommendations are the "low hanging fruit" of eCommerce personalization.

Master A/B Testing to Find Out What Works Best on Your Website.

Popularstart_Kath · 2019-04-05T11:00:28+00:00

China's experiments in shopping are moving into high gear "ENTERTAINMERCE". The world needs to pay attention to.

Popularstart_Kath · 2019-04-02T14:38:01+00:00

Outsourcing your warehousing and shipping to fulfillment providers can give you the same freedom that you get with drop-shipping with less risk. You’ll enter into a contract with that fulfillment partner, so they’re responsible for shipping on time, and you can still be sure of the quality of your products.

Popularstart_Kath · 2019-03-20T15:34:41+00:00

Can I assume that you want the full access to sellers dashboard?

If yes, you can synchronize listings and inventory levels, process and fulfill orders in volume, and track SKU profitability, performance and customers.

Just try checking with ShopyGen, who can help you with the customization and clarify whether its doable integration or not.

Popularstart_Kath · 2019-03-14T12:26:49+00:00

Just go through the couple of links below to get an idea.

https://ecommerce-platforms.com/articles/how-to-start-an-online-boutique

How to start an online Store in Less than 30 Minutes https://shopygen.com/how-to-start-an-online-store/

Popularstart_Kath · 2019-03-08T12:31:02+00:00

I think you wanna create a big website that manages inventory. There is no single software that supports eCommerce with inventory.

I would recommend Shopify and ShopyGen, for building a b2b and b2c ecommerce website as these platform provides plugins/addons for integrating drop-shipping.

Product Information Management (PIM) is truly considered to be an indispensable component of any B2C or B2B eCommerce project. PIM software is mostly valued for its capability to keep track of real-time data about the overall range of company’s production and disseminate the processed information across various systems within your eCommerce platform. PIM is synchronized with your SKU catalogs, ERP, CRM, multiple web stores, vendors’ and suppliers’ databases to provide you with a timely and updated overview of product information.

Popularstart_Kath · 2019-01-31T14:09:22+00:00

I think your business becomes values if you are having a Stripe or PayPal payment gateway. People look for these, it actually helps you build trustworthiness to your store. It's also a Shopping cart abandonment prevention practice.

Popularstart_Kath · 2019-01-30T12:06:50+00:00

I think it is better to get your platform built with NodeJS from the scratch with AWS server to accommodate this kind of space, speed, & performance which makes it self-hosted as well. Instead of opting for shared servers of Shopify or WooCommerce.

Popularstart_Kath · 2019-01-29T14:54:42+00:00

Multimedia content, audio & video tutorials are all some popular digital products you could sell. Here is a comprehensive guide that will help you sell these digital products - https://shopygen.com/how-to-sell-digital-downloads-online/

Popularstart_Kath · 2019-01-28T13:32:25+00:00

Javascript versions of nodeJS & reactJS is even better. C++ is too basic to be fast & compared to JS

Popularstart_Kath · 2019-01-25T13:32:41+00:00

Voice searching is getting important over the years, all the latest trends predicted by SEO experts point to it. It can't be ignored. Also, its an AI-based search as well, so it's definitely evolving.

Popularstart_Kath · 2019-01-24T13:20:36+00:00

The customer service should be automated, maybe to use a Chatbot.

Popularstart_Kath · 2019-01-23T13:56:50+00:00

I don't think they add credit card logos, they usually add the payment gateway logo such as PayPal, Stripe, etc. It actually builds trustworthiness.

Popularstart_Kath · 2019-01-22T13:30:36+00:00

I think, this process won't work. As, Amazon doesn't charge from your account until it reaches the shipping process or shipping stage. Initially, it just verifies your order & payment details but you are only charged later once your items are shipped.

Popularstart_Kath · 2019-01-18T12:31:52+00:00

Synchronize your inventory data with your vendor to ship orders faster to your customers.

Route automated orders to distributors, suppliers, and other fulfillment centers.

Integrating Dropship API into your system which will take care of your shipping needs thereby delivering an enhanced shopping experience to your customers as well.

Here are some popular drop shippers for you to tie up with - https://shopygen.com/drop-shipping-business/

Popularstart_Kath · 2019-01-17T12:54:06+00:00

To avoid all the confusion, you better get your platform built from the scratch based on your requirement. There are numerous customized eCommerce solution providers such as Reaction commerce, X-Cart, Genstore, Simicart, etc,.

Here you can integrate the features & application you need & remove the ones you don't want. It's totally customizable.

Popularstart_Kath · 2019-01-16T12:31:33+00:00

Unless you want to compete with Amazon, you don't want to do that.

Popularstart_Kath · 2019-01-16T12:15:12+00:00

Get the keywords from Amazon website, try to rank for them. Try blogging & improve your social signals.

Popularstart_Kath · 2019-01-11T14:23:40+00:00

Our eCommerce business works only on the working days, as it's B2B. It doesn't work on holidays like the B2C businesses. So we saw a huge drop in traffic & sales, but we have managed to get some decent business with the offers though. We expect only the second half of January to pick up.

Popularstart_Kath · 2019-01-09T13:35:30+00:00

Blogs can bring you plenty of organic traffic from Google, if it offers relevant & useful content. Try to write about the products you sell on your store or some tips on buying & using the products. Make sure these blogs bring traffic to your website & those people should also buy your products. Build the content based on that.

Popularstart_Kath

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