How One Tweak Can Make Your E-commerce Business Crash Proof ?

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How One Tweak Can Make Your Ecommerce Business
Crash Proof ?
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Howsoever, may be validated can an e-commerce
ideal be leave out the case of a truly Rockstar
Product. There always surrounds a huge air of
uncertainty around single ownership businesses.
There are lots of overhead costs included with
it. Overhead costs such as IT infrastructure,
office infrastructure, Marketing and Sales and
others sometimes crashes the e-commerce business.
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However, Only One Tweak Can Remove The Costs
Drastically And Make Your Ecommerce Business
Crash Proof.
And the tweak is Converting your business into
Multi Vendor Marketplace. A multi-vendor
marketplace, as the name suggests, is
conglomeration of numerous sellers on the same
platform for the purpose of offering their
products to masses.
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How it Makes E-commerce Business Crash Proof ?

• As an admin of the marketplace, you can decide
  the commission or service charge on the products
  being offered on your platform. It can cover your
  overhead costs such as
• Marketing Costs
• IT Infrastructure Costs
• Office Infrastructure Costs
• Employee Overhead Costs etc

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Benefits for owners

• Revenue The major benefit for the admin is
  the upsurge in the revenues. Admin can choose
  Advertisement driven, Commission based, Freemium
  or any other Revenue model or combination of
  several models.More vendor translated to higher
  earnings.
• Better Market Capture Since different sellers
  offer some unique products on the marketplace
  platform, they have their fan base and ultimately
  all lands up on the same website. Therefore, it
  helps them capture the market size and scale the
  business easily.

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3. Helps Establish Authority More the
seller's mean more unique products and more
unique products means greater audience. Therefore
a robust ecosystem is created due to the large
number of sellers on the platform offering
product in wide range of product types.
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Benefits for Vendor

• Additional Channel Apart from their stores
  physical or online, selling on marketplace offers
  an additional channel to the sellers. Therefore
  they can diversify their source of earnings.
• No Marketing Cost In the ever increasing
  competitive marketing era, if youre not a smart
  marketer or dont have a great marketing team, it
  can burn a deep hole in your pockets. However,
  there is no cost of marketing si involved in
  multi vendor marketplaces.

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3. No Infrastructural Costs Be it physical or
online there are no infrastructural costs
involved with selling on marketplace. You dont
need a space, neither youve to host a website or
purchase a domain name. 4. Better Customer
Outreach This is the other biggest advantage
that a vendor gets by selling on the popular
marketplace getting new customer. For this he
doesnt require a great marketing strategy. 5
24/7 Sales The vendor is no longer required to
be present 247 for selling his products. It is a
prerogative of the admin.
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6. New Opportunities Besides getting new
customers, sellers get new opportunities of
selling products to the people of other
nationalities. In this way the popularity of his
products transcends the national
boundaries. THENCE, The Multi-vendor
Marketplace can troubleshoot majority of your
problems and can make your ecommerce website cash
proof.
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THANK YOU