Selling at eCommerce Online Marketplaces – What are Challenges & Solutions for Beginner Sellers

Selling Online is Profitable but if we are aware of the Challenges that Online Beginner Sellers Face we can better Equip ourselves for the eCommerce Business!

 

eCommerce Business for Sellers: Find out the Challenges of Online Selling and How to overcome them.

This article is written for the online sellers who don;t have much expertise of selling over eCommerce platforms.

Basically, there are two types of online sellers in eCommerce market:

  1. The ones who sell through their own small online store or shopping website
  2. The ones who sell on big eCommerce marketplaces (like, Amazon, eBay, Flipkart, etc)

Online selling seems enticing and lucrative in the present times. Online selling is most talked about and it is everywhere. It is the most common trend and market buzz where everyone is looking to invest in online selling.

Before you go ahead and decide to start selling online have a quick look at these common hurdles facing the e-commerce market. You should genuinely ask yourself why you should start selling online, what are your weak areas, and what are your strengths to the business in an online way!

Decide how you would like to see your business grow in the present e-commerce boom by surpassing these obstacles. Before you actually invade the e-commerce arena be prepared by knowing all the potholes in the path and plan accordingly.

 

Challenges for online sellers on third party ecommerce platforms-800x482

 

 

 

Challenges for the Sellers Who Sell at the third party eCommerce Sites and at their Own Online Stores.

 

In the age of online selling where everyone is hoarding to start selling their product more and more online, we need to keep ourselves updated about the challenges of online selling, so that we can always think of better solutions and grow unbeatably.

 

1. Soaring Competition

 

With so many biggies in the e-commerce market fighting for their place the competition is soaring really high in e-commerce industry. The few top marketplaces have captured the majority of e-commerce market. So it is wise to start selling on those who already have established shopper base for steady sales.

Not only this but even the big marketplaces have so many vendors getting registered on them to sell their product on their platform. This results in only those in top few page results gets the highest visibility and sales.

And there is a hoard of coming to the first few pages which now means more money for the marketplaces as they have started charging for advertising on first few pages. This also further slashes the profits of the sellers.

➤ Learn how to start selling on eBay like a Pro

 

2. Low-Profit Margins

 

The profit margins are also low due to low selling price strategy which most of the marketplaces have adopted and then you have to pay for commission fee to marketplaces, shipping , packaging and taxes.

But among all this the biggest blow is due to the low selling price strategy been adopted by the online marketplaces so as to attract the buyers from all around to start becoming habitual of buying online and getting more lucrative deals and save money as compared to the conventional shopping.

➤ Coupon deals advertising sites for promoting your products freely

 

3. Marketing and Advertising Cost

 

If you have to boost sales you either participate in deals and offer by slashing prices and selling on lowest and most lucrative price to get more sales.

If you aim to keep getting steady sale all through you need to put in more money in advertising and promotions which brings you on the front page or first few search results in the online marketplace.

➤ List of Best Indian Shopping Sites for Sellers

 

 

4. Not Great for Branding

 

Selling on a marketplace might not be as good for your branding as whatever customers you get are simply the customers of that marketplace. They buy from you till the time you are selling via that particular marketplace.

Out of that marketplace they fail to identify your brand in most of the cases. So selling online on marketplaces might get you good sales and customers from all over but they are not your customers but the marketplace’s customers at the end of the day.

➤ Top marketplaces for selling Handicraft products Online

 

 

5. Dependency on Marketplaces

 

You remain dependent on terms and conditions of the marketplace. You sell by the rules and guidelines setup by the marketplaces that you sell on.

You have less to experiment and try your creative hands at. Most of the correct strategy and planning comes from the marketplace guidelines so it is not a very great idea in the long run.

➤ Best online eCommerce markets to sell books

➤ Top 10 eCommerce Platforms in India for Sellers

 

6. Handling Payments

 

Handling payments can be a headache. Different marketplaces have different commission and  payment methods. Selling on multiple marketplaces can be a really tough task if you handle everything manually.

There is a lot of time involved in managing the complete sales through marketplaces selling which hampers the core business also or involves more cost for hiring more resources to manage the show.

 

7. Order Management

 

Managing orders from different marketplaces needs another expertise to take care of every details. From packaging to shipping and inventory management all requires detail and close monitoring. In the absence of attention, you might loose hood of your online business and face harsh consequences.

➤ How to Sell Products on Flipkart

➤ Business Directories where you can submit your eCommerce site for Free

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