• Advertisement
  • Privacy & Policy
  • Other Links
Business Zania
Thursday, August 18, 2022
  • Business
  • Finance
  • World
  • Economy
  • Opinion
  • Markets
  • Real Estate
  • Educational Business
Subscribe
Business Zania
  • Business
  • Finance
  • World
  • Economy
  • Opinion
  • Markets
  • Real Estate
  • Educational Business
No Result
View All Result
Business Zania
No Result
View All Result
Home Business

Ecommerce Platform vs. Marketplace: What’s the Difference?

by admin
June 29, 2022
in Business
0
Ecommerce Platform vs. Marketplace: What's the Difference?
153
SHARES
1.9k
VIEWS
Share on FacebookShare on Twitter

RelatedPosts

The Future Of Filing VAT Returns Online

Grow Your Business With Modern Commercial Drinks Fridges

Thanks to the internet, the retail world is no longer dominated by brick-and-mortar stores with limited shopping hours. People can shop online 24/7. Likewise, anyone with the drive and resources can set up an ecommerce operation. An entrepreneur can create their own online operation from scratch, use an ecommerce platform, or sell through a marketplace.

Working from scratch is self-explanatory. But what about ecommerce platforms and marketplaces? What are they and how do they differ? If you want to know, keep reading. This post will break down both options in easy-to-understand terms.

  1. The Ecommerce Platform

An ecommerce platform is a cloud-based platform on which entrepreneurs can build their own ecommerce sites. For all intense and purposes, an ecommerce platform is essentially software-as-a-service combined with web hosting services, storage space, and the necessary tools for doing business – like shopping carts and payment processing.

When an entrepreneur chooses an ecommerce platform, they remain in complete control of the business. To make getting started easier, most platforms offer templates from which online stores can be built. Shopify is one such platform. Their templates are functionally similar to those found on well-known content management systems like WordPress and Drupal.

Shopify also gives ecommerce operators a full suite of tools for managing and tracking inventory, managing shipping, processing payments, and even handling returns. It is an all-in-one package that gets an ecommerce operator up and running with very little hassle.

  1. The Ecommerce Marketplace

An ecommerce marketplace is an online property through which an unlimited number of sellers can ply their wares. The most recognizable example is Amazon. Although Amazon does have its own retail operations, it allows other ecommerce sellers to list their products on their site.

eBay is another example of an ecommerce marketplace. As you may know, eBay started out as an online auction site. The traditional eBay auction is still available, but the marketplace behaves more like Amazon these days. In both cases, ecommerce operators sign up for accounts and then begin listing their products.

With a marketplace, sellers are locked into how that website is set up. They do not get to design their own site that aligns with their branding. They are also locked into whatever the marketplace decides for payments, shipping, etc. Sellers generally have some options, but these may be limited.

  1. Order Fulfillment Differences

In terms of how orders are fulfilled, both models offer the same options. Ecommerce operators can fulfill orders themselves or outsource the task to a third party. Shopify users hoping to outsource might contact a company like Preferred Shipping (visit their website here), a company that can handle both fulfillment and international shipping.

Entrepreneurs who choose the marketplace model have the same two options. But in the case of Amazon, there is a third option available to some operators: having Amazon fulfill the orders. Sellers ship their products to an Amazon warehouse; orders that come into Amazon are fulfilled by Amazon.

  1. A Matter of Control

Deciding how to set up an ecommerce operation is really a matter of control. Does the business owner want to control everything from the ground up? If so, building from scratch is the right way go. If they do not mind surrendering a little control and getting a lot of help in the process, an ecommerce platform makes sense.

Going with an ecommerce marketplace means surrendering a lot of control to that marketplace. It works for some ecommerce operators. For others, not so much. The marketplace is the most restrictive because you are selling your goods in someone else’s store.

What are your thoughts? Which model do you prefer?

Tags: Ecommerce Marketplaceecommerce sites

Related Posts

What is SLES 70, and how is it used in the global economy?

What is SLES 70, and how is it used in the global economy?

by admin
May 3, 2022
0

What Exactly is SLES 70, and How is It Applied in Global Industries? There’s a high chance you’ve used a...

4 Important Internet Plan Features for Students

4 Important Internet Plan Features for Students

by admin
April 5, 2022
0

Students nowadays rely mostly on the internet for their schoolwork and entertainment. They need constant access to the internet so...

Research About Your Competitors - An Important Step

Research About Your Competitors – An Important Step

by admin
March 17, 2022
0

So, you are going to start your business. You must have researched the market, its customer base, and the requirements....

How to sell Amazon FBA for beginners Amazon prime?

How to sell Amazon FBA for beginners Amazon prime?

by admin
March 3, 2022
0

Fulfillment by Amazon (FBA) takes care of the tedious tasks. FBA takes care of all the storing, packing, and shipping...

Virtual Office

Here Are Some Of The Undeniable Benefits From Virtual Offices In The Sydney Area

by admin
February 25, 2022
0

Working In Virtual Offices As a matter of fact, technology has been instrumental in bringing about major radical changes in...

How NJ Ayuk and AEC pose a big threat to the pro-environmental activists in the African continent?

How NJ Ayuk and AEC pose a big threat to the pro-environmental activists in the African continent?

by admin
February 21, 2022
0

The illicit acts of NJ Ayuk and African Energy Chamber do not appear to be slowing down. Slowly and steadily,...

  • Trending
  • Comments
  • Latest
Anywhereo Labs Will Develop Tech Start-Ups a Few at a Time

Anywhereo Labs Will Develop Tech Start-Ups a Few at a Time

March 6, 2021
Why Data Analytics for Business Sustainability in the Market?

Why Data Analytics for Business Sustainability in the Market?

October 24, 2020
Hospitality Valet Parking: An ultimate way to your parking solution

Hospitality Valet Parking: An ultimate way to your parking solution

April 9, 2021
Brisbane Transport Company

Things to avoid when hiring Brisbane Transport Company

November 9, 2020
How trading futures and options works in the UK

How trading futures and options works in the UK

0
Why You Need to Hire a Chartered Accountant Firm Before You Set up Your Business

Why You Need to Hire a Chartered Accountant Firm Before You Set up Your Business

0
Why Data Analytics for Business Sustainability in the Market?

Why Data Analytics for Business Sustainability in the Market?

0
Hire the Best Inspection Company for Overseas Business Profitable Propagation

Hire the Best Inspection Company for Overseas Business Profitable Propagation

0
How trading futures and options works in the UK

How trading futures and options works in the UK

August 10, 2022
Can a Structured Settlement Be Sold?

Can a Structured Settlement Be Sold?

July 28, 2022
The Future Of Filing VAT Returns Online

The Future Of Filing VAT Returns Online

July 13, 2022
Ecommerce Platform vs. Marketplace: What's the Difference?

Ecommerce Platform vs. Marketplace: What’s the Difference?

June 29, 2022

Follow us on facebook

Archives

  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020

Recent News

How trading futures and options works in the UK

How trading futures and options works in the UK

August 10, 2022
Can a Structured Settlement Be Sold?

Can a Structured Settlement Be Sold?

July 28, 2022

Categories

  • Automotive
  • Business
  • Debt
  • Educational Business
  • Entrepreneur
  • Finance
  • Insurance
  • Legal
  • Loan
  • Markets
  • Real Estate
  • Sales & Marketing
  • Uncategorized
  • World

Site Navigation

  • Advertisement
  • Privacy & Policy
  • Other Links

Copyright © 2020 Business Zaina.

No Result
View All Result
  • Advertisement
  • World
  • Economy
  • Business
  • Opinion
  • Markets
  • Real Estate

Copyright © 2020 Business Zaina.