Running a marketplace can be a very profitable venture. There are numerous ways to monetize your marketplace, and the method you choose will very much depend on what works for your niche, your vendors, and your site’s customers. As your marketplace grows, and traffic and demand to sell on your site increases, the options available […]
Setting up a new marketplace can be a daunting task. There is much to do, and no guaranteed path to prosperity. That said, there are some clear methods and approaches that are consistently used by the majority of successful marketplaces that, if replicated, will help start your marketplace out on the right path. In this article, […]
Connecting with the right vendors and persuading them to join your online marketplace isn’t an easy feat. Vendors want to list their products on marketplaces with impressive volumes of traffic. So if your marketplace doesn’t yet have those high visitor numbers, then vendors won’t be lining up to sell on your site. Don’t worry! In […]
Charging vendors a subscription to sell on your marketplace can be a difficult strategy to implement. Many vendors aren’t happy to pay to list their products on a marketplace, so selling them the benefits of joining your site can be difficult. However, if you offer the right features and support, alongside guaranteeing high levels of […]
Running a marketplace can be a profitable venture. However, all too often marketplace owners find themselves quickly running into unforeseen problems that, if not dealt with, can cause serious damage to a marketplace and its reputation. In this article, we discuss a number of potential dangers that all marketplace owners should be aware of. We […]
There are many ways to monetize your directory site and generate an online income. Setting up a successful directory site can take time and a lot of hard work. But due to the numerous possible revenue streams a directory site can be very worthwhile. In this article we will look at six very effective ways […]
Are you looking to make some extra money, find a better work-life balance, or even swap your full time job for the working from home dream? If so, then creating an online marketplace with Vendify, the WordPress theme designed by the developers here at Astoundify, could be a great option for you. In this article, […]
If you are using WordPress as the platform for your eCommerce store then the great news is you have plenty of options. As well as the plethora of web hosting choices and WordPress themes, you also have a good selection of eCommerce plugins that can turn your website into a fully featured online store. Amongst […]