Benefits of selling on Marketplaces such as Amazon and eBay:
Sales and Revenue Growth
Marketplace are additional channels for consumers to discover your brand, purchase your items and leave reviews
Brand Awareness
Marketplace advertising (such as Amazon Ads) allow to promote your products, your brand, or both to relevant consumers on and off their marketplaces
Consumer Trust
Consumers can see the price, stock availability, reviews, delivery time before purchasing and this increased level of trust which isn’t always available with just a website may give them the extra peace of mind needed to finalise a purchase
International Expansion
Marketplaces allow you to sell globally relatively simply, which can lead to huge growth. Furthermore, your products may sell for higher prices in international markets, perhaps due to a lack of local suppliers, which could lead to larger profit margins in these regions
24/7 Operation
If you choose to utilise Fulfilment by Amazon (or eBay) then these marketplaces can pick, pack, dispatch, and handle customer service around the clock
Discoverability
Shoppers often browse the trending and best-selling products in categories they are interested in, which as a result allows for organic discovery of your products