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What is the best way to start an online community marketplace?

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posted Dec 14, 2018 by Vinayak

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Managing an online marketplace is not a walk in the park. Contrary to common perception, you can’t just open an online portal and expect customers to come to your marketplace without any effort. There are millions of online stores vying to sell similar products to the same target market.

In order to capture the interest in your target market, you need to do a lot of things right. Here we will discuss five important things that will help you run a successful e-commerce site.

Avoid Ready-made Solutions

You may have come across multi-vendor store builder that claims to launch copies of Amazon or eBay. But you should stay away from these services that claim to offer online readymade solutions.

Select the Right Technology

For your online marketplace, you need to select a stable, secure, and flexible platform. The platform you choose should cater to thousands of online visitors at a time without any problem.

Moreover, the platform should be scalable allowing you to upgrade (or downgrade) as per the demand. This will help you save a lot of money in the long term.

Buyer-Seller Interaction

Whether you own a website that sells virtual or consumer goods, you will require a platform to connect your buyers and sellers and even better if it is in real time. CometChat and its elaborate chat features help you with exactly that. Apart from the basic text chat, it also supports enhanced chat features like voice and video chat, file sharing, in-built monetisation tools and much more.

As can be inferred from the image, by adding a simple “Chat with seller” option, CometChat enables buyers and sellers to initiate one-on-one conversation with each other.

Create a Digital Marketing Blueprint

Most entrepreneurs put digital marketing to the backburner. They don’t put an investment in time, money, and effort in creating a digital marketing plan.

However, without a digital marketing plan, you will have a hard time attracting online customers. To promote your online market, you will have to create a budget for social media marketing, content marketing, and SEO.

Focus on a Positive Customer Experience

To capture the interest of online customers, you need to focus on creating a positive online customer experience. From the website design to the checkout process, everything should be primed for customer satisfaction.

answer Dec 17, 2018 by Prince