After receiving some comments and emails on the topic of “starting a multi-seller marketplace”, I thought it would be a good idea to simply make a video highlighting some of the issues that can arise when starting such a marketplace.

This is because multi-vendor marketplaces are one of the most difficult – if not the most difficult – type of eCommerce business to not only build but also turn into a successful and profitable business. In this video, I explain the main reasons why. You can check out the timestamps for all of these reasons below:

00:00 Introduction
00:53 Sellers and buyers
03:18 Costs
05:53 Profitability
09:30 Ways to get started

I also list some ways you might be able to build a successful multi-vendor marketplace.

Everything I talk about in this video is based on my own experience with my failed attempt to start such a system and also knowing other people who have started such systems with varying degrees of success.

But I hope you found this video helpful and if you want to support my channel you can do so by buying me a coffee using the link below, I would really appreciate it:

https://www.buymeacoffee.com/ecommercegold

We also have a Facebook group where we discuss all topics related to e-commerce and you are welcome to join: https://www.facebook.com/groups/ecommercegoldgroup

Please take the opportunity to connect with your friends and family and share this video with them if you find it useful.