1 – Conduct Market Analysis Before Selling
Before launching on any marketplace, assess:
- Market trends and your industry’s buying habits
- Your product’s positioning and profitability
- Buyer expectations and competitors’ strategies
Also, identify your marketplace model:
- Wholesale (1P): The marketplace buys your product in bulk and resells it (e.g., Amazon Retail)
- Marketplace model (3P): You list products and handle orders and customer service (e.g., Amazon Seller Central)
Decide whether you fit better on generalist platforms (Amazon, eBay) or specialist ones (Zalando for fashion, ManoMano for DIY).