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22
Running an Online Store Vs Running a Marketplace
Posted by Martin Boss on 22 August 2019 10:00 AM

If you’re running a successful online store, turning it into a marketplace platform with vendors might sound like a great next step to expand your business.

Inviting outside vendors to sell on your platform may not only help you grow your product catalog without increasing your own inventory levels, but it can also create an additional revenue stream from vendor fees for your business.

However, there are a few crucial differences when it comes to running an online marketplace compared to a regular online store.

Here’s what you’ll need to know if you decide to turn your store into a marketplace with vendors.


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