These online sourcing platforms allow
Posted: Sun Apr 20, 2025 9:58 am
National Online Sourcing Platforms: you to work with local customers or suppliers.
International online procurement platform: If you want to expand your influence and reach customers or suppliers around the world, it is the best choice.
IV. Analysis before online sales
Once you’ve determined your business goals and the budget you’re ready ukraine phone number lead to invest in selling on a procurement platform, there are some important questions to pay special attention to:
Understanding the cost structure of online procurement platforms
Analyze the various fees charged by online procurement platforms, such as commission fees, listing fees, advertising fees, etc.
Calculate total costs, including online purchasing platform fees, to assess the profitability of selling on the platform.
Evaluate sales margin
Calculate the profit margin for each product sold on the sourcing platform, taking into account the costs of the platform.
Check if the profit margins are still high enough; this marketing channel must be profitable for your company.
Research Competition
Look for competitors that offer similar products to yours on the online purchasing platforms you’re considering joining, and evaluate their positioning.
Analyze prices, product descriptions, customer reviews, and seller comments to identify online purchasing platform trends.
International online procurement platform: If you want to expand your influence and reach customers or suppliers around the world, it is the best choice.
IV. Analysis before online sales
Once you’ve determined your business goals and the budget you’re ready ukraine phone number lead to invest in selling on a procurement platform, there are some important questions to pay special attention to:
Understanding the cost structure of online procurement platforms
Analyze the various fees charged by online procurement platforms, such as commission fees, listing fees, advertising fees, etc.
Calculate total costs, including online purchasing platform fees, to assess the profitability of selling on the platform.
Evaluate sales margin
Calculate the profit margin for each product sold on the sourcing platform, taking into account the costs of the platform.
Check if the profit margins are still high enough; this marketing channel must be profitable for your company.
Research Competition
Look for competitors that offer similar products to yours on the online purchasing platforms you’re considering joining, and evaluate their positioning.
Analyze prices, product descriptions, customer reviews, and seller comments to identify online purchasing platform trends.