123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Business >> View Article

Are You Selling On Multiple Marketplaces And Struggling?

Profile Picture
By Author: kartzhub
Total Articles: 61
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

You need to be everywhere while selling online. Every seller decreases their dependence on a single platform and goes on to explore multiple marketplaces. But, in this process faces greater struggles and issues:

Struggles of selling on different marketplaces
Counterfeit Products:

Many sellers have this issue of facing competition with the imitation products. These counterfeit products are not only sold at a lower price but also have low product quality which results in the bad impression of your authentic product.

Sellers selling authentic products are unable to reprice their products due to continuous change in the price of the competitor’s product and are also unable to track the competitor status. KartzHub keeps the track of the competitor on board 24/7 by tracking the competitor having a similar product as yours and automatically reprices your product thus maintaining its authenticity and your profit margin.

Low-Profit margins:

Many sellers face this problem of low-profit margins while selling on multiple marketplaces. Every marketplace has a different monthly seller fee, shipping ...
... fees, closing fees, and referral fees. This is the cost every seller has to pay for doing business on an already built selling platform.

The seller also has to deal with the tough competitive price ranges thus forcing them to keep their price low. KartzHub helps the seller to timely upscale and downscale the prices as per the market and competitor scenario. For example, if the competitor’s product is out of stock, it will increase your product price thus offering you high profits.

Impact of selling mistake and platform major changes:

When selling on online marketplaces you don’t have to worry about maintenance, set-up or branding. Sellers just have to follow the selling rules set by that particular marketplace. However, when the platform makes some major changes, the fees increases, and the changes may also disturb your selling and settings.

Selling mistakes also have a bad impact on the sellers account leading to the suspension of the account for some time. These mistakes may be due to not keeping up the accurate stock levels. As you are selling in a rented marketplace, you strictly have to follow the marketplace selling rules. KartzHub helps the seller to keep up with the stock levels thus reducing mistakes like overselling or out of stock.

Competing against the marketplace itself:

Some marketplaces sell their own product as well, thus making you compete with them. You on the storefront can keep a track on such products and analyze which marketplaces to choose from, which one will be profitable for you and how to take a complete control of your selling. KartzHub is the only answer to this.

We encourage our sellers not only to sell on multiple marketplaces but also to sell effectively. Choosing the right platform that suits best for your product is also important. Our KartzHub executive would guide you to select the best marketplace and ways to market your product. To have a hands-on experience of our software you can take the free 14-day trial.

Total Views: 562Word Count: 487See All articles From Author

Add Comment

Business Articles

1. How Global Trade Finance Facilitates Cross-border Transactions And Reduces Risk
Author: Riddhi Divan

2. Innovative Uses Of Nickel In Cryogenic And Marine Environments
Author: Online fittings

3. Implementing Predictive Analytics In Your Abm Toolkit
Author: SalesMark Global

4. Comparing The Top 5 Live Commerce Platforms For 2024
Author: Amy Williams

5. Data-driven Precision Marketing For Effective Demand Generation
Author: SalesMark Global

6. Supercharge Your Sales With Optimized Pipeline Velocity
Author: SalesMark Global

7. Best Japan Tour Packages
Author: bharathi

8. Adani Group Stocks Down 20%; Gautam Adani Indicted In Us Over Bribery Charges
Author: Bizzbuzz

9. High-performance Ss Round Bars: Addressing The Energy Sector's Needs
Author: Neelkamal Alloys LLP

10. The Role Of Modern Washroom Solutions In Maintaining Cleanliness
Author: ritika krishna

11. Why Choose Premium Taxi Services In Kochi?
Author: maya

12. Black Magic Astrologer In Kasaragod
Author: Sripandith05

13. The Health Benefits Of Adding Pineapple To Your Pancakes
Author: maya

14. Top Luxury Resorts In Kerala For Your Dream Vacation
Author: maya

15. How To Start Your Shopping Website In Doha: A Simple Guide
Author: maya

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: