Step-4 Select the right consumer marketplaces to expand into

"Online sellers have increased sales as much as 1,250% — simply by listing on new channels."

But to be this profitable, there are things you need to consider. The first thing is to identify the best online marketplaces for your brand.

Each online marketplace has its requirements, categories, fees, and audiences. If you want to be sure you're making the right choice, some research is necessary. You'll want to learn the different strategies for selling on each marketplace, which one is best for your products, and what you need to do to guarantee a successful start.

Let's first take a look at what an Online Marketplace is:

An online marketplace is an e-commerce platform that offers many different products from many divorce sellers. Some of the most well-known marketplaces include:

Walmart,

eBay,

Etsy,

Pinterest

Google shopping

And SocialMedia Marketplaces

These are just a handful of options. There are 100s of other marketplaces out there that might be right for your business.

Yes, it's a lot to consider when it comes to which marketplace to start with. But remember: you don't need to go at it alone. I'll be breaking down each marketplace in the next coming posts, so keep an eye out.

In the meantime, if you need help expanding your brand, send me a message.