The Ultimate Digital Growth Guide for Online Marketplaces
Shoppers spent $2.03 trillion shopping in the world’s top 100 online marketplaces, accounting for 58% of global eCommerce sales in 2019. In 2021, the number of digital shoppers is projected to exceed 2.14 billion globally.
Digital marketplaces may be relatively new, but the competition is already fierce. The top 100 businesses generate more than 95% of all global marketplace sales. The rewards for successful businesses are many, since nearly all shoppers in Asia (98%) and Europe, the U.S., and Canada (96%) shop in online marketplaces.
That’s why we’ve put together this eBook to guide you through the top 4 challenges marketplace platforms face & offer 7 strategies for addressing each. We’ll help you optimize vital industry KPIs like buyer and seller acquisitions, conversions, repeat purchases, retention, secondary revenue streams, and more.
Chapter 1: Acquisition headaches x2
Chapter 2: Everybody’s bouncing, nobody’s buying
Chapter 3: Diversifying those revenue streams
Chapter 4: In it for the long haul
Watch your marketplace growth take-off
Let’s get your place settled in the digital marketplace.