The E-commerce marketplace or the online e-commerce marketing is a place or a website where one can find different brands of products coming from multiple vendors, shops or person showcased on the same platform. The marketplace owner is responsible for attracting customers and the processed transactions, while the third party vendors deal with the manufacturing and shipping. Online Marketplace streamlines the production process through one simple portal, where the manufacturers sell their products directly to the consumers, therefore avoiding the stagnant process of stocks holding. This kind of supply chain management is usually referred to as the “Dropshipping” method.
Companies like Amazon, eBay, and Walmart have experienced massive success in the eCommerce marketplace business model. This Omnichannel model has so far proven to be the most profitable business in web eCommerce. The entire marketplace runs on one software infrastructure, allowing all the vendors to sell their goods under the umbrella of one website. In terms of revenue, these companies take a percentage of the sales on any product sold across the platforms.

To help you in your search, here are six of the best ecommerce marketplaces available. They’re each unique in their own way, so based on the features you need, your budget, and your overall ecommerce goals, use this guide to figure out which marketplace will help you stand out and earn your share of the substantial revenue available.