What are the top 10 online marketplaces? What will be the best ecommerce platforms to sell online in 2024?
Selling on (more) marketplaces will help you diversify your sales channels, providing more opportunities in the event of adversities, evolving consumer trends, and global market shifts.
Time to find out now.
Continue reading to discover and leverage the top 10 online marketplaces leading ecommerce into the future. Understand their unique benefits and potential disadvantages to maximize revenue and brand exposure.
Last Updated on June 10, 2024 by Zeljko Drazovic
Click the links below to go directly to the section or marketplace website of your interest:
What are online marketplaces?
Online marketplaces: benefits
Online marketplaces: potential disadvantages
Top 10 online marketplaces to sell in 2024
#1 top online marketplace: Amazon
#2 top online marketplace: eBay
#3 top online marketplace: Etsy
#4 top online marketplace: Allegro
#5 top online marketplace: Walmart
#6 top online marketplace: Cdiscount
#7 top online marketplace: Mercado Libre
#8 top online marketplace: Alibaba / Taobao / Tmall
#9 top online marketplace: Shopee
#10 top online marketplace: Flipkart
Online marketplaces are established virtual shopping outlets that consumers are used to visiting, trusting and purchasing through.
Types of online marketplaces:
Each online marketplace is unique. It has its own unique requirements, listing fees, product categories and audiences.
Selling on online marketplaces has many benefits. Above all, online shoppers are flocking to marketplaces like eBay, Amazon or Walmart to do their shopping, compare prices or start their purchase journey.
Many consumers don’t start with Google or retail websites when they want to purchase products, but with marketplaces.
One of the most common concerns of shoppers buying from independent ecommerce sites and unknown brands is the lack of trust at the moment of completing the purchase and entering payment details.
The reality is that people are more likely to buy from sellers looking like legitimate retailers who sell on established marketplaces. This way, online store owners can automatically benefit from the platform’s own brand-building.
According to Paulina Bijok, Sales Manager at Webinterpret:
Some buyers may have security concerns about buying products from online stores they don’t know. However, if they see your store on established and generally trusted ecommerce platforms like eBay or Amazon, they’ll probably automatically trust you.
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Selling on marketplaces can also have some potential disadvantages:
In this section you’ll find a list and descriptions of top online marketplaces on different continents. If you’d like to expand your sales in different parts of the world, consider the following marketplaces.
Website: Amazon
Websites like Amazon have revolutionized the world of online sales platforms. Amazon is a go-to marketplace website for many shoppers: an estimated 44% of Amazon shoppers say they always check prices on Amazon before making a purchase on another site. And it’s among the top 15 most visited websites in the world!
One of the biggest benefits to selling on Amazon is the access to the marketplace giant’s multi-million buyer base. However, a big challenge can be competition.
For reduced competition, consider selling niche products. You can also try Amazon Advertising for better product visibility (learn how to effectively advertise on Amazon).
When selling on Amazon:
Website: eBay
eBay belongs to the biggest online marketplaces with a vast global market share. The platform serves over 180 million worldwide buyers and operates in 190 markets around the world.
If you don’t sell on eBay yet, learn how to set up an eBay store: read about the key facts, best practices and key terms, e.g. eBay fees (insertion fees, final value fees), subscriptions, eBay listing templates, etc.
When selling on eBay:
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Website: Etsy
Etsy is a global marketplace where buyers can find special, creative and unusual items. The marketplace is designed to sell handmade items created by the person selling the product. It’s suitable for crafters, artists, collectors as well as antique and vintage shops.
Etsy describes itself as a platform that connects sellers with buyers looking for something alternative and empowers sellers to do what they love.
One of the best practices for sellers listing on the Etsy marketplace is to take beautiful product photos. The products that perform best on Etsy are highly visual and thus aesthetics matter.
Website: Allegro for international sellers
Allegro is the biggest Polish online marketplace and one of Europe’s largest marketplaces after Amazon, eBay and AliExpress.
Top 5 categories on Allegro include electronics, fashion, home, childcare and health. Allegro sellers can sell new, refurbished and used items. Branded products are in demand.
Allegro gives B2C brands and professional re-sellers the possibility to expand into Poland’s thriving online market. Additionally, it provides opportunities for growth in the Eastern Europe region.
Allegro is interested in recruiting international ecommerce sellers: it’s one of the platform’s key focuses.
Website: Walmart
Walmart is an invite-only ecommerce marketplace that uses commission fees only. It gives sellers access to millions of customers who visit the platform itself. Sellers can also take advantage of Walmart’s affiliate websites including Jet.com.
According to Statista, in 2023, there were approximately 240 million customer visits each week to Walmart stores throughout the world.
According to consumer research gathered by Tinuiti, there’s a large overlap between Amazon.com and Walmart.com shoppers. Over 57% of Amazon buyers also shop on Walmart.com. As a result, listing on both marketplaces gives sellers a better chance of capturing those shoppers.
To get approved to sell on Walmart, your products should be affordable and your customer service top-notch.
Website: Cdiscount
Cdiscount is the second largest marketplace in France after Amazon. Finding eBay or Amazon merchants selling on Cdiscount is quite common due to the fast onboarding process and affordable selling fees.
The platform offers a wide range of products across different categories: electronics, homeware, clothing, jewelry, health care, entertainment, sports equipment, toys & games, etc.
As Cdiscount positions itself as an online discount retailer, its audience is looking for online deals and special offers. The platform wants to offer top quality products at the lowest possible price and good deals are available all year round.
Cdiscount is growing strongly and offers plenty of sales potential for retailers looking to expand their business in the French market. Unlike other known marketplaces, it does not restrict access to external sellers.
Website: Mercado Libre
Mercado Libre is an Argentine company that operates online marketplaces dedicated to ecommerce and online auctions, including mercadolibre.com. It’s Latin America’s most popular ecommerce site by number of visitors.
Mercado Libre sells in Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Dominican Republic, Mexico, Spain, Ecuador, Guatemala, Honduras, Peru, Panama, Uruguay and Venezuela.
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Websites:
Alibaba
Taobao
Tmall
Alibaba Group (aka Alibaba.com) is a Chinese multinational company specializing in ecommerce, retail, Internet and technology. It’s one of the world’s largest retailers and ecommerce companies.
The company hosts C2C (Taobao), B2C (Tmall) and B2B (Alibaba.com) marketplaces. Practically every year Alibaba breaks sales records on China’s Singles’ Day, the world’s biggest online and offline shopping day.
Alibaba is a B2B website. Its best-sellers are generally items that can be mass-produced and sold wholesale to replenish inventory for companies.
Taobao facilitates C2C retail by providing a platform for small businesses and individual entrepreneurs to open online stores that mainly cater to consumers in Chinese-speaking regions.
Tmall is a Chinese marketplace for B2C online retail, spun off from Taobao. It’s a platform for local Chinese and international businesses to sell brand-name goods to consumers in Greater China. Tmall is focused on high quality products, such as clothing, personal care, home furnishings and food.
Website: Shopee
Shopee is a Singaporean ecommerce platform that currently serves buyers and sellers throughout Southeast and East Asia as well as several countries in Latin America. It’s a social-first, mobile-centric marketplace.
Shopee was first launched in Singapore in 2015 and later expanded its reach to Malaysia, Thailand, Taiwan, Indonesia, Vietnam, the Philippines, Brazil, Mexico, Chile, Colombia, mainland China, Hong Kong, Japan and South Korea.
Shopee first started as primarily a consumer-to-consumer (C2C) marketplace but has since moved into both a C2C and business-to-consumer (B2C) hybrid model.
The ecommerce landscape in Southeast Asia went through dynamic changes last year, with Temu’s entry into the region.
Temu is a Chinese-owned digital marketplace operating through dropshipping.
It is also the world’s most downloaded mcommerce app, according to TechReport. Temu has announced that it will expand and open up to sellers from United States in March 2024, and European sellers shortly after that.
Website: Flipkart
Flipkart is an Indian ecommerce company that initially focused on online book sales before expanding into other product categories, e.g. consumer electronics, fashion, home essentials and lifestyle products.
As India is a heavily populated ecommerce market, growth-minded worldwide sellers should definitely consider India’s huge consumer population that comprises people from different age groups.
Flipkart is part of the Walmart-owned Flipkart Group, which also includes group companies Flipkart Wholesale, Myntra and Cleartrip.
According to eMarketer, over 80% of retailers worldwide consider cross-border ecommerce to be profitable. It’s not surprising: 7 out of 10 online shoppers make purchases from international sites.
As a result, growth-minded marketplace sellers should consider expanding sales on international online selling platforms.
Selling through marketplaces is usually the easiest way to export products.
Global ecommerce sites like eBay and Amazon enable their sellers to sell internationally. Other popular marketplace websites, for example Allegro in Poland or Cdiscount in France, are also open to foreign sellers.
The bottom line: ecommerce is booming around the world.
According to Mark Ellis, VP of Growth & Partnerships at Webinterpret:
Listing on global marketplaces is a must in your strategy if you want to realize your international expansion potential.
The video series CEO’s Brew features Adrien Salvat, ecommerce expert and Webinterpret CEO, sharing his insights about the current challenges for cross-border selling on marketplaces. Watch the video below to learn how marketplaces can play a crucial role in finding growth opportunities in a steady or decreasing market:
According to Shopify, organizations selling through websites, marketplaces, social and mobile generate 190% more revenue and increase brand awareness than merchants selling only through a single channel.
To have complementary (or emergency) sales channels, consider selling on (more) ecommerce platforms. Not only can you choose bigger ones like eBay or Amazon (with unrivalled reach but also high competition), but also smaller platforms.
There are plenty of international marketplaces and best-selling websites to choose from. To identify the best online marketplaces for your business, consider marketplace fees, requirements and top categories.
About Webinterpret
Webinterpret supports merchants selling on big, international marketplace platforms, such as eBay and Amazon. Our AI-based solution enables selling more effectively with automated listing localization, advertising, and logistics (shipping and returns).
By giving your international customers a full end-to-end local shopping experience, Webinterpret improves your conversion and helps establish your business on a global scale.
Our marketplace offer is constantly expanding – if you want to grow your online sales, feel free to contact our sales experts. They will help you analyze your international sales potential and choose markets that will offer you the best possible return on investment.
Webinterpret enables online retailers and marketplace sellers on eBay and Amazon to instantly expand worldwide and boost their online sales.
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