The best part about selling online is that you don’t have to be there. That means you can place your products all around to be seen by a broader audience. However, this advantage comes with its own set of challenges. You’ll absolutely need an inventory management solution that supports all online marketplaces.
For this article, we assume that you’re aware of what inventory management software generally does. If you’re unfamiliar with these programs, you’re more than welcome to quickly catch up.
Why choose software that supports all online marketplaces?
As your business grows, you’ll find yourself in a spot where one website may no longer be enough. Maybe you’ve found interest in a totally different category of products. It’s unlikely that they’ll sell well in your main store.
Maybe you’ve grown enough to start a brand and expand business from marketplaces like Amazon or eBay onto your own website. There’s virtually endless reasons to expand beyond your main platform. And it’s always driven by the same goal - more profit.
Inventory management is a tedious bunch of tasks, when done by hard. It only gets harder if you try to do it for multiple marketplaces. Therefore, an inventory management solution that supports all online marketplaces is necessary.
Emphasis on the word “all” marketplaces. Most of them are fit for certain groups of goods. For example, Amazon is great for books and standardized goods like electronics. Etsy is perfect for handcrafted items. You never know what opportunities might present themselves. Therefore, pick an inventory software provider that has all gateways open. Namely, Multiorders.
How many marketplaces can a client use?
Oftenly, software providers limit clients to a number of marketplaces. You can lift the limit. By paying more. However, that is not the case with Multiorders. Our software does not limit marketplaces. We neither limit team accounts or total product count, as a matter of fact.
How to pick the right marketplaces?
As previously mentioned, it all depends on what and how you want to sell:
- Starting a brand. You’ll need a shopping cart service like Shopify. For those experienced in web design, Magento might be better. Meaning, you’ll have your own website.
- Dropshipping. Generally, Shopify is the way to go. However, it varies by individual case. For instance, you may get better profit margins with Magento. It depends on the size of the average sale. We’ll provide you with a link of an in-depth comparison between the two.
- Antiques. Most antique collectors browse eBay. Oftenly, merchants who are experienced in this category will buy underpriced antiques to resell for a profit. Therefore, if you’re not sure about an item’s worth it’s advised to use appraisal services.
It's a good idea to submit your item to two or three appraisers to see what, if any, differences in price range occur. Always look over any site you choose and make sure that there aren't any hidden fees. Be sure that you understand exactly what you are getting before you get an appraisal. - Marye Audet
Multiorders supports all online marketplaces
Our software, Multiorders, integrates with most platforms. Be it shopping carts, marketplaces or shipping carriers. This ensures your business won’t hit a wall while expanding. Even if you decide on another provider - be sure their software supports all online marketplaces.
We’re excited that your business is growing and you’re considering entering new markets. We’d be glad to be of use. Feel welcome to try Multiorders for free. After the two-week trial (that doesn’t require a credit card), we can discuss price. However, we’re proud to say that competition pales before us in this regard.