1. BONANZA
Bonanza, marketed as the place to "find everything but the ordinary," is a seller-focused online marketplace. Despite not having as many users as large brands like Amazon or eBay, Bonanza is on the rise as a wonderful place for aspiring businesses to grow their brand.
In comparison to Amazon, Bonanza is a marketplace that focuses on assisting sellers in building their brand through returning shoppers.
As a result, when it comes to setting up your shop, they provide more freedom and customization possibilities.
Furthermore, they provide a strong bespoke marketing tool that allows you to retain and analyze data about your consumers and choose the best way to remarket to them.
BENEFITS
There are no transaction costs.
Excellent marketing tools
Google connectivity may be customized for the shop theme.
Connect to Amazon, eBay, and Shopify.
Excellent client service
2.ALIBABA/ALIEXPRESS
To avoid misunderstanding, Alibaba and AliExpress are sibling sites owned by the same company, Alibaba Group.
Alibaba specializes in business-to-business (B2B) wholesale, whereas AliExpress specializes in business-to-consumer (B2C) sales.
Both Alibaba and AliExpress provide various benefits to your company. Conduct some research to determine which platform is most suited for what you're selling and to whom you're selling it.
AliExpress vs. Alibaba
AliExpress is the East's Amazon, and it operates in much the same manner. In reality, AliExpress may be the site most likely to compete with Amazon in the world of eCommerce.
One significant disadvantage of AliExpress is the high set-up price. However, in exchange for a set quantity of sales, AliExpress provides minimal commission and yearly service costs.
BENEFITS
AliExpress shipping as well as a number of other shipping choices
Dropshipping on AliExpress is comparable to Amazon FBA.
Customization of storefronts
Reduced fees
Affiliate program on AliExpress
Pro Tip: Similar to Amazon, dro
3. ETSY
Etsy, the go-to marketplace for vintage and homemade products, need little introduction. It's an excellent Amazon option for merchants with niche items because it has cheap fees and more chances for consumer contact.
Unfortunately, Etsy only accepts items that adhere to their stringent product standards. As a result, it's not a realistic solution for anyone selling mass-produced goods or considering dropshipping.
On the other hand, the platform is the least expensive of the Amazon alternatives.
Basic listing costs start at $0.20, while premium perks like Etsy Plus are merely $10 per month. While learning how to make money on Etsy is an art, the cheap fees mean your potential income might be bigger.
BENEFITS
Low listing cost and 5% commission
A customer list allows for more personal connection. This is an excellent alternative for beginners and specialized marketers.
The ability to create your own storefront
Pro Tip: Etsy ranks your listing based on the product title, description, and tags. Using the right tags may make a significant impact in terms of visibility and sales. I recommend using a tag generator while constructing your listing to get the most out of selling on Etsy.
4. EBAY
eBay, the most apparent Amazon rival, has been operational since 1995 and has upwards of 159 million customers in one quarter.
While it began in the collectibles industry, eBay has developed significantly since its founding and is now many people's go-to site for a good deal.
Businesses who still trade in valuable or unusual products, on the other hand, will benefit from eBay's auction function when compared to other marketplace options. Being able to post your product for auction might assist boost prospective income in various circumstances.
Furthermore, because eBay is an established marketplace, you have the advantage of a pre-existing built-in audience when selling your items.
BENEFITS
Customer assistance is available around the clock.
Payment methods include PayPal, Apple Pay, Google Pay, credit/debit card, and local collection.
Low listing costs
Shipping choices available worldwide
MARKETPLACE WALMART
Walmart, a relatively young eCommerce platform, has expanded outside its retail store network to provide you an online marketplace for third-party sellers.
Though they are still working through some problems, Walmart witnessed a 74% increase in sales during the epidemic, demonstrating that they are well on their way to matching Amazon in the eCommerce industry.
Not only does selling on Walmart's marketplace have a large built-in audience, but it also has a free seller account and attractive referral payments.
On the flipside, you may register your interest in selling on Walmart Marketplace, but you will need to go through their approval procedure before being invited to join their club of sellers.
BENEFITS
Shipping is free for the first two days.
Services for fulfillment
Fee structure that is competitive
START SELLING!
Amazon is one of the most reliable site for new vendors to begin on. However, because of their complex cost structure and lack of customization possibilities, it isn't always the ideal solution for your small business. Furthermore, I understand that not everyone wants to support Jeff Bezos.
There are other Amazon alternative online marketplaces to examine, all of which provide competitive pricing and useful reporting tools to assist you in growing your business. Other choices can also help you expand your business more effectively and communicate more closely with your consumers.