Most businesses list their products on top marketplaces like Amazon, Walmart, eBay, Etsy, and others to increase sales. While focusing on their e-commerce portals, SMEs list products on branded marketplaces that helped increase revenues by 80 per cent. The global marketing websites allow listing men’s and women’s clothing, fragrances, skin-care products, cosmetics, and much more. Their product pages look like brochures. With managed services, these marketplaces make buying, selling, and sophisticated transactions easier.
Most businesses start their e-commerce portals, but one in thousands begin getting traffic. Thus, these businesses find it comfortable to list products on marketplaces where traffic is already there. The e-commerce marketplace provides fully managed services, responding to the complex needs of SMEs and large businesses. Hence they are gaining popularity as more businesses go online. The company gets the liberty to sell products worldwide with hosted applications and even don’t need employees scattered across those selling destinations. The standard, the preconfigured platform, enables companies to list products instantly after signup to get customers.
The marketplace provider installs base e-commerce software, apps, round-the-clock monitoring, caching, 100% uptime, periodic backups, and other plugins on standardized hardware and server infrastructure and configurations. The technical team takes care of performance, complex needs, and speed deployments, and manages the application, content distribution, network, storage capability, and service-level agreements and licensing. Furthermore, it makes data accessible anytime and anywhere, with real-time access to billing information, trouble tickets, and other data associated with their accounts.
The businesses find the cost of listing or launching products on marketplaces much lower than implementing and maintaining e-commerce portals themselves. Thus, they decided to go with branded marketplace instead of making a significant investment in bringing up sites, thus capitalizing on the marketplace’s extensive infrastructure.
Most companies don’t have the skills, technical staff, & technologies for those pieces. Marketplaces like DownTown.us do much more marketing stuff like offering streaming media services, social media sharing, & business listing apart from providing the platform, thus making the companies profitable by increasing the visibility and demand of their products. Therefore, most small and midsize companies are moving into the managed services arena.