Magazine

Top 10 Online Marketplaces: Sites To Buy & Sell Stuff Online

Posted on the 14 June 2021 by Aben @appscrip

Online marketplaces are synonymous with omnipresent. Unfortunately, not every presence is as pleasant as it is practical. For some, selling stuff without stepping outside and owning a store is a surreal dream. For others, it's a nightmare.

Give a shout-out to this person's spiel to buy a Gucci bag for $50.

From " Hello!" to " hell with you," here is how hostile negotiation tactics can make someone go almost homeless on online marketplaces.

Truth be told, only your fantasy can find the online marketplaces that are straight out of a fairy tale. While we can't shield you from insanely selfish people, we can help you stumble across some of the best online marketplaces. Before we do that, let's hear the statistics from the online shopping industry.

Whether you've got an online store or you are looking forward to launching one in 2021, these statistics will act as a street light to show you the right way.

    The online shopping industry is backed by 2.14 billion buyers in 2021.
Top 10 Online Marketplaces: Sites To Buy & Sell Stuff Online
    Erasing the frown on our faces is by revealing generational data on mobile shopping. Nearly half of the consumers prefer mobile shopping over in-store.
Top 10 Online Marketplaces: Sites To Buy & Sell Stuff Online

Here's how ibotta weaved both the whys with facts:

Top 10 Online Marketplaces: Sites To Buy & Sell Stuff Online
    That said, a smartphone is a new wallet. In 2019, digital or mobile wallets accounted for 21.5% of global Point-Of-Sale (POS) payment methods. 41.8% of the total e-commerce payments were made via digital wallets. This number is expected to reach 52.2% by 2023.
    A permanent consumer grocery purchasing shift has been made by Pandemic. favor Covid-19 sparked huge revenue for Amazon Fresh. The results of the annual user survey ran by Amazon Fresh. Amazon's grocery arm is expected to touch $70 billion by 2023. "RBC Capital MarketsHave you purchased groceries online?," asked RBC to 1500 people over two weeks. 42% of 1500 people bought groceries at least once a week.
    Top 10 Online Marketplaces: Sites To Buy & Sell Stuff Online
    The global online classified market is expected to grab $463,033.3 million by 2023, says Market Research Future.

Top 10 Sites To Buy And Sell Stuff Online

#1 Shpock

Top 10 Online Marketplaces: Sites To Buy & Sell Stuff Online

Shpock stands for "shop in your pocket." It was founded five years ago (in 2016) in Vienna, Austria, by Finderly GmbH. Today, it's a source of income for more than 185 people. It took Shpock no more than a year to become one of the ten most popular apps in Germany.

Top 10 Online Marketplaces: Sites To Buy & Sell Stuff Online

Since it stepped into the world of online marketplaces, success started to seep through the sole of its boots. It was named the youngest brand in the 1st half of 2018. It got to flaunt the Android Excellence App of 2018. It was titled as the " Best of 2017" app in the category " Sustainability."

Shpock squeezed second-hand online marketplace into an app that has been installed over 10,000,000+ times till now. Users are free to forget the definitions of listing and transaction fees as it is completely free. It allows its users to sell stuff for as high as $79.99. While the variety of products wow users, the categorization doesn't fail to surprise anyone. I dare you to name a thing you can't sell on Shpock.

Top 10 Online Marketplaces: Sites To Buy & Sell Stuff Online

#2 Letgo

Top 10 Online Marketplaces: Sites To Buy & Sell Stuff Online

"Didn't Letgo let it all go?" Is this the question that popped up in your mind just now? Yes, Letgo and Offerup online marketplaces merged together. It is only some users' unhappiness that's making us weave these words.

Top 10 Online Marketplaces: Sites To Buy & Sell Stuff Online

Letgo was launched in 2015 by Alec Oxenford. Within five years, it injected comfort so well into the roots of its users' lives that its merger with OfferUp left Letgo users in the lurch.

Letgo was a success, proves the fact that it valued more than $1 billion (as of September 2017). Why did the company decide to disappear even after continuously serving satisfaction to "tens of millions" visitors every month? Nick Huzar, OfferUp CEO, announced in March 2020 that the online marketplace giants merged to combine more than 20 million active users.

Letgo was 100% free. It never took users longer than one minute to post products. Users' lover for Letgo seems to be never-ending, say the reviews on Google Play Store.

Top 10 Online Marketplaces: Sites To Buy & Sell Stuff Online

"Psst....Letgo really made a bold move." The flea market that once sits on smartphones flew away! Letgo is no longer in action in the US., but its website is very much alive. Take a !

Top 10 Online Marketplaces: Sites To Buy & Sell Stuff Online

#3 OfferUp

Top 10 Online Marketplaces: Sites To Buy & Sell Stuff Online

As you must be expecting, right? isn't just another online marketplace. Its product uploading speed is making the products sell themselves. In less than 30 seconds, it can list any item, from cloth to car, for sale. Offerup asks its users a fee in exchange for its "bump" feature. It's a feature that pushes products to the top of the queue for more exposure.

There could never be a magic marketplace other than OfferUp for a serious seller. Potential buyers from around the nation pave their way to OfferUp. OfferUp is the king of mobile marketplaces in the US market.

Top 10 Online Marketplaces: Sites To Buy & Sell Stuff Online

Offerup best knows how to clutch the market share and steal the show. It was founded in April 2011 as a competitor to Craigslist. After only five years, the company got to wear the Unicorn badge. From being named as the hottest startup in 2015 by Forbes to acquiring its rival, Letgo, in 2020, OfferUp has only gone up.

#4 OLX

Top 10 Online Marketplaces: Sites To Buy & Sell Stuff Online

Olx, aka OnLine eXchange, is one of the biggest online marketplaces. It was founded in 2006 in the Netherlands. Since then, it has spread across 45 countries. Name an item, Olx holds it in its lap. Billions of visitors visit Olx every month. Today, it employees 7500 people and is valued at $2.1 billion. With its roots spread out in the entire world, it proudly flaunts its 3 million listings and over 30 million downloads.

While sellers can sell anything from the comfort of their couch, users can find categories within categories to set confusion apart from their shopping experience. Olx can also be seen flaunting its filtering capability on Google Play Store.

Top 10 Online Marketplaces: Sites To Buy & Sell Stuff Online

Need we say more?

#5 Dubizzle

Top 10 Online Marketplaces: Sites To Buy & Sell Stuff Online

Dubizzle's LinkedIn account says, "If you can search for it, you can find it on Dubizzle! From Batmobiles to Dinosaur bones to a Boeing 747!" And, we don't dare to disagree with Dubizzle. Take a look at the digital face of Dubizzle.

Top 10 Online Marketplaces: Sites To Buy & Sell Stuff Online

Dubizzle customizes remarkable experiences by raining categories all over its users. Dubizzle allows its users to advertise their products too. After witnessing a user base of 4 million active buyers, who can wait to convert their products into piles of money?

Top 10 Online Marketplaces: Sites To Buy & Sell Stuff Online

#6 Carousell

Top 10 Online Marketplaces: Sites To Buy & Sell Stuff Online

Back to Featured Articles on Logo Paperblog