Online marketplaces help merchants get into E-commerce with ease, saving them time, money, and effort. By putting up a store at an online marketplace, merchants won’t have to create an E-commerce platform from scratch. They can also easily control their preferences for payment options, shipping, and even website promotions all in one place. Plus, because online marketplaces are extremely popular among Filipino shoppers, that also means attracting more potential customers.
However, despite these advantages, merchants who sell on online marketplaces also face a number of challenges. For one, there are a lot of other stores on the platform, meaning competition is at an all-time high. Merchants also have to invest in their marketing and advertisements if they want to attract customers. Plus, for merchants who have other selling platforms such as social media pages or their own website, it might be quite difficult to manage a marketplace store.
Ultimately, it’s up to the online merchant to decide whether or not he or she is ready to take that next step toward selling on online marketplaces.
If you want to start selling on online marketplaces, then you should make sure your brand stands out among the countless other stores there. That’s something Payo can help you with!
We utilize a two-pronged Marketplace Optimization solution – one that focuses on both your online store and its logistics. You can learn all about it by visiting our Marketplace service page.
Running a business takes a lot of passion and hard work, but that doesn’t mean it has to be difficult. Payo is here to make E-commerce simple and easy for you, and to be with you every step of the way as you grow your business.Win At E-Commerce Today
"Payo gave me a full solution for all the COD activity, but it was not only that. Payo’s solution was very comprehensive, and basically solved all the logistical and financial problems that we had."
"We are below eight percent right now in RTS rate and that’s an amazing rate already. You don’t get that nowadays. We’re very, very happy with Payo."