How to Sell Online?
In an increasingly digital age, it’s infrequent for those with a physical product or high street presence to not take advantage of the many channels that allow you to sell online. In addition, selling a product online will enable you to reach a wider audience and new customer pockets. Statistics show that over 2.14 billion people will have bought online goods and services by 2024. Additionally, e-retail sales accounted for 14.1% of all retail sales worldwide in 2019, and these figures are expected to reach 22% by 2023.
If e-commerce is an area you’ve never explored, trying to get the hang of it can feel a little overwhelming. However, there are plenty of benefits to be reaped. Perhaps you’ve started with a local shop but want to reach a much wider audience. Or you already have an online presence but want to explore other platforms where your product could be seen.
Whether you’re self-taught, a novice, or just curious, this guide will give you a comprehensive overview of where and how to sell your products online. So stay tuned because, in the article below, we’ll cover:
The difference between hosted and self-hosted solutions;
Reviews of the best-hosted e-commerce platforms;
Reviews of the best self-hosted platforms;
Reviews of the best online marketplaces;
List a short eCommerce glossary;
List the best-hosted storefronts and shopping carts;
List the best auction sites and general marketplaces;
List free classified ad-sites.
But first things first, let’s give you some quick answers to the two most burning questions most readers have:
First, is it profitable to sell online?
Yes. Stats show that in 2020 there will be over 2.05 billion digital buyers worldwide.
Second, where can I sell my stuff online for free?
When it comes to selling products online for free, the number of options is limited. The most popular free platforms are Craigslist and Geebo. However, they have a restricted audience, and there’s a cap to how much you can grow there as an online seller. So if you’re in it for the big bucks, let’s consider some options that will allow you to create and run a full-fledged e-commerce store.
Where and how to sell your product online?
Firstly, there is no shortage of websites to sell items online. The difficulty is choosing the ones that will suit your brand the most and enhance the offering you may or may not already have. When selecting a physical shop presence, your first thought would be to find the best location for attracting potential customers. The same is true for selling online, and that requires a fair amount of research. Off the bat, our first recommendation would be Shopify. Here is one of the top tier levels to consider before you begin looking at the many available platforms for selling online: