However, online markets also have their drawbacks

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Fierce competition

Marketplaces have the highest competition – thousands of similar sellers and products. In addition, the product card has a feed with recommendations of the same product from competitors, which may interest the buyer. You can stand out only with a more pleasant price, but too low prices do not allow you to get the desired profit.

High commissions

For each transaction, the marketplace charges a commission, which instagram data can amount to even 15-25% of sales. Sometimes there are other commissions or fines on trading platforms. For example, for logistics, product returns in case of refusal, insufficient number of orders, or untimely delivery of the product to the warehouse.

Dictate from the marketplace

Online marketplace owners set clear rules that every seller must adhere to. Marketplaces have strict standards for content and personal profile design, and conditions for returning goods. They independently set % discounts for sales, change the rules of operation, and can also delete your products or block your account.