Resale of goods as a business: platforms for selling goods on the Internet
E-commerce Jan 08, 2021
Home / Blog / How to develop an online trading platform
Online trading platforms have already been nicknamed the new Eldarado. Why? Because it allows sellers and buyers to interact across the platform while developing the network. The Dinaris team very often receives requests such as "Can you develop a marketplace like a Rosette?" and how much will that cost?". Well, the answer is "Yes, we can." However, do you know what to do with it next? How to develop and attract customers and sellers? In this article, we will look at the basic steps in creating not only an online marketplace, but a whole community that will bring you profit. We care about our customers. Therefore, we will also consider the problem "Egg or chicken?", Which often arises in the early stages of the life of online trading platforms. Let's get started?
What is a marketplace?
Marketplace is a site where buyers and manufacturers find each other. This business model is very simple. The owner of an online site takes a percentage of sales for using his site.
Such a platform does not have its own products or services. However, the owner of the online marketplace controls the interaction between sellers and buyers, acting as an intermediary. At first glance, the creation of such a site is very difficult. But it is worth noting that all the largest and most successful startups today are similar platforms.
Let's take a closer look at the concept of a trading floor. One of the most popular marketplaces today is Uber. The idea is very simple. This platform allows drivers and passengers to collaborate. The company was founded in 2021. And now it is one of the largest platforms in the world. And, most interestingly, the company does not have a single full-time driver. This is a great example of how a platform can bring together both users and sellers. But without passengers (or users) there would be no drivers either. On the other hand, without the necessary demand, drivers would not use this platform. And Uber regulates the relationship between users and provides a place for interaction. Other than that, there are many good examples of marketplaces like Etsy, Handy, Airbnb, and Craigslist.
And so, to create a platform you need 3 components:
- Platform. It brings together different groups of users for different purposes.
- Clients. A group of users who want to buy something or use the services of another group of users.
- Sellers. Users who want to sell something or provide a service to customers for a specific price.
Online sales now provide unprecedented prospects for retail. According to the Statista service, in 2021-2021, the number of people making purchases on the Internet reached 20 million.
How to create a successful marketplace?
We hope you are not bored yet, because the fun is just beginning! Later in the article, we will tell you how to create and develop your platform.
Resale of goods as a business can become a profitable source of income without the obligatory investment of money. Such entrepreneurial activity does not require special knowledge and skills, so everyone can make money on it. To do this, it is enough to adhere to a certain algorithm and use such popular platforms as Avito, Yula, your own website or blog to sell goods.
To get started you will need:
- Find the best selling products on the internet.
- Find a trusted supplier.
- Advertise and sell a product.
- Get profit.
It is important to choose the right products for resale on the Internet, the success of the business largely depends on this. For implementation, it is better to choose current products that are in great demand.
Rating of the best selling products on the Internet
What you can sell on the Internet to make money:
- personal items;
- goods purchased through message boards and their further resale;
- things that are given away for free; li >
- Chinese goods.
The resale business with China has been successfully developing over the past few years. The largest platforms where you can find cheap goods are Aliexpress and e-Bay.
For example, let's take a look at the top 10 best selling products on the Internet:
You can earn more on resale during the season of big discounts, when the cost of the assortment is even lower. Remember, the client is ready to pay for a quality product, so it is important to correctly set the markup on the product being sold so that the price matches the quality as closely as possible. The size of the profit and the success in business development depend on the number of satisfied customers.
Those who do not want to resell the Chinese assortment can try to make money by selling undervalued goods.
How to find such a product on the bulletin board:
- Explore the proposals. Often sellers place ads without knowing the real value, so they set a price below market value. If a person urgently needs money, in most cases he agrees to bargaining, you can use this and buy a thing at a lower cost.
- Publish your ad under the heading "I will accept as a gift." In this way, you can find inexpensive goods such as clothing, accessories, watches, jewelry, cosmetics.
- Search for free products. Many bulletin boards have a heading "I will give it for free" and this is a good opportunity to get a product for free, which you can later sell.
Why are online trading platforms one of the most profitable ways to sell goods and find clients for services? Nowadays, almost everyone knows about the opportunity to sell or buy something over the Internet. But if it is easy to encounter fraudsters on social networks, then trading platforms guarantee the security of the transaction. We will tell you the main features of the most popular services and how to use them with maximum benefit.
How free marketplaces work
Online marketplaces are online services that allow sellers to post offers and buyers to find products they need. You can sell everything via the Internet - mobile and household appliances, real estate, cars, cosmetics, new and used goods. These opportunities are open to individuals and businesses.
In a simplified way, the platform operation mechanism can be described as follows:
- the seller places his product on the portal, indicates its category, description, price, adds a photo;
- the moderator checks the correctness of the description, compliance of the ad with the requirements of the portal;
- buyers see the product on demand along with other relevant advertisements;
- the seller and the buyer contact (by correspondence or telephone conversation) and agree on a deal;
- payment (if meeting, by mail or bank transfer);
- the ad is closed after the sale;
- the portal receives a commission (not in all cases).
What is the benefit of the portal? There are two options for making money. First, the trading platform can take a commission on each successful transaction (usually up to 5%). Also, some services offer paid services to sellers. For example, ad highlighting, additional impressions, or a VIP account. Secondly, almost all sites make money on advertising. Such portals have a lot of users during the day, so it is profitable for them to post contextual ads or any other type of online advertising.
Benefits of using the online trading platform
There are quite a few advantages to trading through online platforms. Among the main ones are:
- a wide audience of buyers;
- the ability to sell new and used goods at the same time;
- transaction security;
- high competition sets the optimal price range for buyers;
- no expenses for renting premises, utilities and personnel.
The most famous venues in Russia and the world
What conditions offer sellers and buyers the best trading platforms for business? The principle of operation of most services is similar, but at the same time they are not devoid of specific features. Consider everything you need to know to choose the most optimal option for an online platform for selling goods.
The world's first website was launched on December 20, 1990. Since then, the Internet has changed a lot, technology has changed, devices and users have changed their tastes. However, the foundation of the Internet has remained the same - the Internet is still made up of websites. And the people, the owners of these sites, have long learned to make money on their web resources.
Hobiz. u knows many honest ways to make money on the Internet and we have already talked about them - 11 ways to make money on the site. In this article, we will consider one way of earning money that can bring good money, which does not require large investments - Website development for sale.
This type of earnings will primarily interest those who have ever created a site, in "bare" html or using some kind of management system. However, even those who have never encountered this, in a few evenings can master such a science as website development. By the way, we can help you - see our section - Website Development.
So, you've decided to make money by creating websites for sale. We present you an easy-to-learn workshop on this type of earnings. Let us remind you that the main rule of this type of earnings - made and forgot - we will modernize it in - made a lot of sites and forgot about their existence.
Step # 1 - technical, from $ 5 per month. Buying hosting and domain names for future sites.
If you've ever created a website, you know that it needs hosting to host it on the Internet and a domain name. If you did not know this, then now you know - sites are hosted on servers connected by communication channels to the global Internet, this scheme is called hosting.
You can choose any paid hosting that you like and suit you in price - let's try to guess - it will be the cheapest tariff plan. It is important to note that most hosting companies are strongly opposed to hosting many sites on their cheapest plan. Therefore, they impose restrictions on the number of sites on a cheap tariff plan and in every possible way restrict the work of sites hosted on it.
To avoid this, we recommend that you use VDS plans right away - these are virtual dedicated sites, virtual servers - on which only your sites are hosted, you completely control this site and such restrictions as the number of sites on one site - does not exist. However, the main disadvantage of this approach is that you need to be able to administer your site yourself, that is, the performance of your sites on your hosting depends entirely on you.
Not sure how to administer your servers? We recommend that you contact our partners - Inferno - they have the cheapest VDS platform, which costs only $ 5 per month, which already includes round-the-clock free technical support services. That is, you buy a platform, and all problems are solved by the company's support. It can also help you transfer and customize your sites.
Step # 2 - technical, free. Installation of a content management system and initial site setup.
After choosing hosting and domain names. You need to install a management system on each site and a ready-made design template - design.
We recommend using WordPress as a management system for your sites. Its advantages are a popular system, easy to learn, a huge community of support and users, almost any question already has a ready-made solution in the form of plugins and widgets, installation takes several minutes. It takes about an hour of clean time from creating a website to filling it up.
You can install everything yourself or, if you chose hosting from the first step, contact technical support.
The Internet is a place of unlimited possibilities, and it has become much easier to promote your creativity and make money on your talent for drawing and painting. In this article, we will analyze how an artist can find his niche.
Thanks to the Internet, it has become much easier to promote your creativity - just share it on social networks or thematic resources. But the main thing is that everyone has the opportunity to make money on this. The Internet allows artists a variety of options to monetize their work. In this article we will look at 20 ideas on how to make money for an artist online.
Create illustrations for different projects
One of the most popular ways to make money is by illustrating various projects. You can draw book covers, design information products for bloggers, create stickers for social networks and instant messengers.
Finding such orders is easy - just check the offers on freelance exchanges, ad services and specialized sites for illustrators. For example, the Illustrators platform. u allows you to search for orders - mainly draw here for magazine articles, books, etc.
The following resources are also useful for the artist:
Not all artists like to paint to order, so the idea of selling ready-made works via the Internet is relevant for many. To do this, we post the offer on social networks, on special message boards, on our website or blog, or on sites where paintings or handmade goods are sold. It can be a "Fair of Masters", Etsy, a group on "VKontakte" - each site allows you to open its own online store and upload your work. For example, we wrote about how to create your own store on Etsy in this article.
If you are a professional artist and appreciate your work, you can try to post your work in art galleries - ArtNow or on the realgallery website. u.
Create pattern designs