Starting a Multi Vendor Marketplace, what you need to know!

After receiving a few comments and emails regarding starting a multi-vendor marketplace, I thought it would be a good idea to just make a video highlighting some of the issues that you may face when trying to start one.

This is because multi-vendor marketplaces are one of, if not the hardest type of ecommerce business to not only build but also turn into a successful and profitable venture and I cover the main reasons why in this video and you can check out the timestamps for all of these below:

00:00 Intro
00:53 Sellers and Buyers
03:18 Costs
05:53 Profitability
09:30 Ways to Start

I also list some of the ways that you could potentially build a successful multi-vendor marketplace.

Everything I talk about in this video comes from first hand experience of my failed attempt at launching one and also knowing other people who have launched them with varying degrees of success.

But I hope you found this video helpful and if you would like to support my channel, you can do so by buying me a coffee using the link below and they are very much appreciated:

https://www.buymeacoffee.com/ecommerc...

We also have a Facebook Group where we discuss all things ecommerce and you are welcome to join:   / ecommercegoldgroup