The Growing Online Marketplaces in India [2020 Updated]

Things to be kept in mind before starting an E-Commerce Business

Listing your goods on the market would give you more exposure and a better chance of attracting prospective consumers. The e-commerce platform is one of the tools for monetization. You would need some of the documentation to participate in the marketplace, and some of the general documentation required are:

  1. GSTIN Number
  2. Canceled Cheque
  3. Address Proof
  4. PAN Card
  5. Trademark certificates

 

Famous Online Marketplaces in India

In India, there are many e-commerce markets that sellers can use to increase brand awareness and generate revenue. Significant online market places in India are:

1. Amazon India

Amazon India is India’s number one preferred marketplace. It was founded in India in the year 2013 with headquarters in Bengaluru. With multiple payment gateways involving different rupee symbol, Amazon prime, various shipping options, the world’s best customer service, and its technological innovation make it a favorite of every customer. The comprehensive lists of the items in different categories made it a leader in the online marketplace.

 

2. Snapdeal

Snapdeal is another Indian company that has its headquarters in Delhi in 2010. Snapdeal is one of India’s most significant marketplaces, with about 3,00,000 sellers and 30 million + brands. A good number of deals embrace customers, making it one of the best platforms for listing your products.

 

3. Electronic Bay

eBay is a global e-commerce corporation featuring a wide variety of product types. For getting your goods listed, you will have to pay other costs along with the final sale charge, i.e., payments that you pay if the products are sold. Additionally, the vendors may also get PaisaPay service charges.

 

4. Shopclues

It is a shopping site with a wide variety of items such as cell phones, laptops, women’s and men’s clothing, home & kitchen appliances, etc. Shopclues also provides various forms of delivery facilities that sellers can use. Sellers will sign at no charge, but they will have to “pay as you deal.”

 

5. Myntra

It is an online clothing store with a wide variety of fashion accessories, shoes, men’s and women’s apparel. Sellers will first have to sign up here; then, you will be able to sell on the web site after your profile is checked.

 

6. Paytm

It is India’s mobile trading network that offers services such as reload, purchases, ride, shopping, videos, in-store payment with its QR App, and so on. To nearly ten crores + active buyers, free listing, easy to sign in, excellent help, quick payment process makes it perfect for sellers to list goods, but for any sale, you have to pay a fee.

 

Conclusion

You can attract customers from different parts of the world through selling goods. When you’re new to the e-commerce industry and don’t have a website, this article will help you with how to earn money online in India.

Saumya Uniyal
Saumya Uniyal
Saumya describes herself as a writer with words running down her veins as phrases follow her down every path she walks on. The Journalism student is on a constant never-ending quest for finding her next best vacation. You can also spot her sipping coffee while solving puzzles at endearing cafes and bars.

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