Marketplace Aggregation – Why It Can Make or Break Your Online Business

Multi-marketplace Selling – Is It Easy?

Whatever the case is, you must be, by now, well aware of the effort that goes in managing products and selling them on multiple marketplaces, across geographies. One is completely occupied with managing products; marketplace-specific inventories, and local and cross-border fulfillment, day in and day out. And we are sure, you’d second that these tasks are just a minor part of the task list that one has to take care of every day, to remain relevant in the ever-changing eCommerce landscape. One also has to consistently look into reports, invoices, manifests, product promotions, and logistics to keep the business profitable. All of this and more, one has to do for all marketplaces where our products are listed! No mean task, indeed.

Are Marketplace-aggregation Tools a Solution?

Exactly that’s why the concept of marketplace aggregation makes sense today for online sellers.

eCommerce trade is booming like never before, thanks to increasing Internet penetration and the smartphone revolution.

Today, an unprecedented number of people from across geographies are buying products online from a variety of marketplaces and the numbers are growing year-on- year with significant percentage increase over successive years. Businesses need to innovate and get on newer platforms to match the demands of the evolving eCommerce juggernaut.

Every marketplace has dedicated buyers and excels in a particular customer segment and you – a seller or a brand just needs to maximise your opportunity by being present on all. Hence, for sellers—irrespective of size—who sell on multiple marketplaces, it is of paramount importance to get onboard a marketplace aggregation tool that will help them in running their show seamlessly, notwithstanding the volume and spread of their online sales.

But what exactly can a marketplace aggregation tool do for online sellers? Let’s dig a little here. On a macro level, a marketplace aggregation tool worth its salt should really make sellers’ lives easy and their businesses soar. O n a micro level, a great tool should pretty much do everything that constitutes selling online by making duplication of effort redundant. This; because that’s where the crux lies!

What Should a Marketplace-aggregation Tool Do for You?

So first and foremost, the tool should get all your existing marketplaces under its fold and fetch all your existing product details from them. It should enable you to view and modify your existing live products on multiple marketplaces. It should also enable you to list either single or hundreds of new products on marketplaces of your choice in a few clicks. And it should allow you to make kits/bundles of various products and list them too, in the same way.

Next, the product should altogether ease you from maintaining separate inventories of your products for various marketplaces. Keeping track of your available and out-of- stock products for multiple marketplaces is crushing at times and adversely affects your productivity.

Hence, the aggregation tool should maintain a central inventory of all your products for all marketplaces, track all your marketplaces, and update the inventory in real time whenever any of your products is sold on any marketplace.

Apart from this, the tool should also enable you to replenish your central inventory with stocks of existing and new products.

Lastly, the tool in question should empower you to seamlessly track all your orders from across marketplaces in real time. It should furnish you with minute details such as order summary and real- time status of any order, on demand, easily. And when it comes to statistics, the tool should be spot on! It should be able to generate and provide you with various types of reports for all your marketplaces. It should also use smart analytics and offer you rare insights about the sale of your products on relevant marketplaces so that you make smart decisions and be ready to exploit future sales opportunities.

The Verdict

All in all, your investment in the right marketplace aggregation tool should save you time, money, and effort, among other benefits. It should make a huge difference for you as an online seller. And it should empower you to run your business; not let your business run you!

RESOURCES

Insights to help businesses grow their multichannel eCommerce sales

Blog image

How to avoid human mistakes in eCommerce with Automation?

eCommerce businesses in Southeast Asia have struggled for a long time dealing with manual errors in their eCommerce operations.

Learn more
Blog image

How Should I Structure my Warehouse?

The efficiency of an eCommerce business depends heavily on how well its warehouse is optimized.

Learn more
Blog image

How to Improve User Ratings on Seller Centre

As an online seller, you must be well aware of the importance of the ratings that you get on your marketplaces and sales channels in Southeast Asian.

Learn more
Blog image

How to Structure Fulfillment Operations for Your Selling Business?

Fulfillment operations primarily refer to the process of getting a product delivered to the right customer at the right time after a successful sale.

Learn more
Blog image

What is the difference between B2C & B2B Fulfillment?

With the rapid expansion in the Southeast Asian digital economy and online purchasing decisions, strategizing your fulfillment &warehousing operations can improve your eCommerce business considerably.

Learn more
Blog image

How to Avoid Overselling?

Inventory and stock management are one of the biggest challenges faced by enterprise eCommerce businesses in Southeast Asian today.

Learn more
Blog image

What is the Difference between WMS and eWMS?

Warehouses have always been an integral part of any retail chain business and proper warehouse management has helped many industries in Southeast Asia succeed and rule.

Learn more
Blog image

How to Reduce Customer Complaints and Claims

When the customer is unsatisfied, investigating the way they are treated, is important.

Learn more
Blog image

3 Things You Need to Master To Sell More on Marketplaces

Why is it that global businesses and brands, most often, seem to be miles ahead in their approach toward eCommerce sales.

Learn more
Blog image

How to Make an Effective Social Media Plan for Your Online Store

A Social Media Marketing Plan or social media plan is a document that details the strategies in social networks that will be.

Learn more
Blog image

How to Use Emotional Persuasion as a Growth Tool for Online Selling

Neuromarketing or emotional persuasion in connection with sales and marketing is not a new concept for Southeast Asian.

Learn more
Blog image

Top Marketing Strategies for Your eCommerce Store in 2018

eCommerce is the next big thing when it comes to online web stores in Southeast Asian.

Learn more
Blog image

Top 5 Ways to Advertise Your Products for Free on the Internet

E-commerce is what Southeast Asian is going towards with each passing day.

Learn more
Blog image

How Do I Sell Online in Southeast Asian For Free?

To sell online without having to spend a penny, you have several options: through social networks, uploading videos.

Learn more
Blog image

Decoding the Cross-Border eCommerce Puzzle

Technology enabled eCommerce has given an unprecedented push to cross-border trade in recent years.

Learn more
Blog image

Grow Your Online Business by Selling More to Current Customers

When you ask a co-seller what their goal is when they start start selling in Southeast Asian, they almost always tell you to sell more or have more customers.

Learn more
Blog image

How to Transform Occasional Buyers in Frequent Customers?

While online sellers and brands always seek to expand their reach to increase their sales in Southeast Asian, the truth is that their.

Learn more
Blog image

Five Most Common Mistakes Made by Online Stores

Revenue in the eCommerce market of Southeast Asian amounts to US $8,591m in 2018, and it is expected to grow up.

Learn more
Blog image

7 Tactical Ways Every Business Can Use Local Marketing to Sell More Online

Local marketing is the process of optimizing your website’s brand in a way that adapts the local.

Learn more
Blog image

How to Choose the Perfect Theme for Your Online Store

Judging a book by its cover may not be a good way of understanding our society, but when it is about.

Learn more
Blog image

Best Software and Apps to Edit Product Photos

We all know about Photoshop, one of the most common and efficient image editing software in Southeast Asia.

Learn more
Blog image

How to Describe a Product in Your Web-Store?

The content is king.

Learn more
Blog image

The Drop Shipping in eCommerce: Is it Possible to Sell Without Having Inventory?

The inventory is undoubtedly one of the dilemmas of any company that trades with articles of any kind.

Learn more
Blog image

How to Choose an online marketplace to sell your products?

A data from Entrepreneur-the elite magazine says In 2017, the eCommerce market generated a revenue of US$1309 million in the Southeast Asian.

Learn more
Blog image

Eight Effective Ways to Promote Your Products on eCommerce Platforms

When planning to promote your products to strengthen the sale, you should not limit yourself to the mere discount on.

Learn more
Blog image

How to Master Product Photography on a Tight Budget

If you are one of those who keeps uploading the product photos provided by your supplier,.

Learn more
Blog image

Nine Effective Strategies to Increase Additional Sales

Selling more is something that obsesses both online and offline marketers.

Learn more
Blog image

Top 10 DIY Things to Make and Sell Online

Southeast Asian has a history of thousands of years.

Learn more
Blog image

Marketplace Aggregation – Why It Can Make or Break Your Online Business

Okay, so you’ve moved on—not in the distant past—from the brick and mortar model of doing business to selling online?.

Learn more
Blog image

Dont Just Meet Marketplace SLAs, Beat Them!

With the spurt in Southeast Asian eCommerce, sellers need to deal with a deluge of Service Level Agreements (SLAs) from.

Learn more
Blog image

How to Use Discounts and Deals to Get More Customers Come and Stay Forever

Encouraging repeat sales is a crucial aspect of online selling, specially when you are an online seller in Southeast Asian.

Learn more
Blog image

How to Maximize Selling During Peak Season

For an online business seller in Southeast Asian, holidays are golden opportunities for increasing their sales on multiple online.

Learn more
Blog image

How to Be an Online Power Seller on Major Marketplaces in Southeast Asian

The rising popularity of Southeast Asianan eCommerce marketplaces has led to increase in the direct competition amongst.

Learn more
Blog image

Top Products to Sell Online in Southeast Asian

With a history of over 40,000 years, Southeast Asian is one of the 17 mega diverse countries in the world.

Learn more
Blog image

How to Start Selling Online in Southeast Asian

The massive shift of Southeast Asian retail towards digital has opened up a whole new world of opportunities of online sellers.

Learn more

Local Support Team

Have questions? Our local support experts are there for you with answers and support in 10+ languages.

Interested in transforming your existing retailing, logistics, or eCommerce business? Speak with our expert now.

Reach out to us regarding any query about our products, processes & operations. We promise to respond at the earliest.

Great Decision!

Our sales experts would love to help you understand how SelluSeller can transform your business.

Please help us with your basic information so that we can get in touch with you.