Our Blog

18-05-2021
by Engage ETH10k

We tell stories of very innovative, inspired, and wonderful business people who have decided to take their busines to the next level through ETH10k

Lets Help You Power Up Your Business This Month!

12-10-2024
by Engage ETH10k

Happy new day! We hope this email finds you ready to take your business to new heights. At ETH10k, we are committed to helping your business thrive with our carefully curated selection of productivity-enhancing products.

Your business deserves uninterrupted efficiency, and our products deliver exactly that. 

  • The premium laptops boost your productivity with lightning-fast processing speeds and reliable performance for seamless multitasking. 
  • The solar panels and inverters provide a sustainable, cost-effective solution to power challenges, ensuring your business runs smoothly 24/7 while significantly reducing electricity bills. 
  • For those focused on brand building and online presence, our professional ring lights transform ordinary product photos and video content into eye-catching marketing materials that help you stand out in the digital marketplace. 

Together, these tools create a powerful ecosystem that modernises your business processes, cuts down operational costs, and positions your brand for growth in today's competitive market.

 ???? Why Choose ETH10k?

- Verified authentic vendoe

- Flexible payment options (depending on the product) 

- Expert technical support

- Fast delivery nationwide

- After-sales service guarantee

Shop now at www.eth10k.io or download the app on Google play store or Apple app store for more convenience. 

Here's to powering your success! 

Best regards,

The ETH10k Team

Top 10 Must Have Kitchen Appliances That Will Make You Enjoy Cooking.

05-06-2024
by Engage ETH10k

Top 10 must have kitchen appliances that will make you enjoy cooking.

Cooking should be enjoyable, not just a chore. 

From effortlessly creating smooth textures to simplifying laborious processes, these gadgets are designed to enhance your cooking adventures. 

Whether you're a novice or a seasoned chef, these appliances transform tedious tasks into enjoyable moments, making cooking a pleasure rather than a chore.

Here are our top 10 most essential kitchen appliances that will make your life in the kitchen easier and more delicious:

1. Food Processor: It chops and slices like a pro, saving you time and effort on ingredients prep work.

2. Stand Mixer: If you love baking, you should definitely get this. It's perfect! It mixes doughs and batters effortlessly, giving you consistently great results.

3. Blender: Whether you're whipping up a refreshing smoothie or a comforting soup, this versatile kitchen gadget effortlessly transforms ingredients into velvety textures, making meal preparation a breeze.

4. Air Fryer: Indulge in crispy, golden-brown fries and snacks guilt-free, thanks to this innovative appliance that uses hot air circulation to achieve that delicious fried taste without the excess oil.

5. Electric Kettle: Say goodbye to waiting for water to boil on the stove. With the simple push of a button, this convenient appliance rapidly heats water, making it perfect for brewing tea, coffee, or preparing quick meals like instant noodles.

6. Food Scale: Did you know that you can accurately measure ingredients down to the last gram or ounce?

With a Food Scale, you can achieve culinary precision with ease, ensuring your recipes turn out perfectly every time. This is especially very helpful for bakers.

7. All-in-One Yam Pounder: Experience the joy of freshly pounded yam without the laborious process usually associated with it, thanks to this all-in-one yam pounder that streamlines the preparation of smooth, delicious pounded yam.

8. Hot Plate: Whether you're cooking up a storm in a cramped kitchen or hosting a dinner party and need extra cooking space, a hot plate provides a convenient solution, offering a portable and versatile cooking surface.

9. Oven: From baking delectable desserts to roasting succulent meats, an oven is a kitchen essential that allows for versatile cooking methods, ensuring your meals come out deliciously cooked to perfection.

10. Microwave: In today's fast-paced world, a microwave offers unparalleled convenience, allowing you to quickly reheat leftovers, defrost frozen foods, and prepare meals in minutes, making it a lifesaver on busy days.

Now, the best part: Right now and throughout this week, there's loads of essential kitchen helpers on sale at discounted prices on ETH10k!

All you have to do is visit www.eth10k.io, go to the kitchen section and buy as many items as your kitchen has space for!

Happy cooking!

Practical Strategies for Exceptional Customer Service

21-05-2024
by Engage ETH10k

Can you remember that friendly market woman who knows each customer by name? You probably stop by her shop every time you're around even when you don't want to buy anything. Have you ever wondered why? It’s because you feel comfortable there. You feel like they want you there.

Just like that market woman who greets shoppers with warmth and attentiveness, exceptional customer service is the heartbeat of your business, fostering loyalty and trust within the community. 

In today's competitive business landscape, providing practical and outstanding customer service is key to standing out from the crowd. 

Here are ten actionable tips to help you elevate your customer service game:

1. Listen and Understand

Learn to actively listen to customers' concerns and understand their needs. Ask clarifying questions to ensure they fully grasp the issue at hand before proposing solutions.

2. Resolve Complaints Promptly: 

Develop a streamlined process for handling customer complaints and ensure that every issue is addressed promptly and courteously. Train your team to handle complaints with empathy, apologise sincerely for any inconvenience caused, and take proactive steps to prevent similar issues in the future.

3. Provide Empowerment and Training:

 Empower your frontline staff with the authority to resolve issues autonomously within predefined guidelines. Provide comprehensive training to ensure they have the knowledge and skills necessary to handle various scenarios effectively.

4. Offer Proactive Assistance: 

Anticipate common customer issues and provide proactive assistance through self-service resources, such as FAQs, troubleshooting guides, and video tutorials. Empower customers to find answers to their questions independently, reducing the need for direct support.

5. Surprise and Delight: 

Look for opportunities to exceed customer expectations by offering unexpected perks or gestures of appreciation. This could include a handwritten thank-you note, a small gift with purchase, or a personalized discount on their next order.

6. Be Transparent and Honest: 

Communicate openly and honestly with customers, especially when addressing issues or delays. Keep them informed about the status of their inquiries and provide realistic timelines for resolution, even if it means delivering less-than-ideal news.

7. Actively Seek Feedback: 

Implement feedback mechanisms, such as surveys, reviews, and suggestion boxes, to gather insights directly from your customers. Analyze this feedback regularly to identify trends, address recurring issues, and make continuous improvements to your products and services.

8. Be their friend:

Sounds weird, right? You’re here for business after all. But your business will benefit from a conversation, any kind of conversation with your customer. So, if they start talking about their interests or woes, don’t be so quick to steer them away. Listen to what they have to say and offer insight. That’s why Iya Sikira’s shop is always full. She likes to talk.

By implementing these practical strategies, you can create a customer service culture that prioritises responsiveness, empathy, and continuous improvement. Remember, exceptional customer service isn't just about solving problems—it's about building trust, loyalty, and long-lasting relationships with your customers.

Tips for Holiday Season Sales

13-12-2023
by Engage ETH10k

Tips for Holiday Season Sales

For many vendors around the world, the end of the year has become synonymous with discount sales, price slashes, and a significant increase in orders. Generally tagged as holiday/christmas/end of year sales.

However, navigating the holiday shopping frenzy necessitates careful planning, strategic execution, and a keen understanding of customer behavior.

Sadly, not many vendors are aware of exactly what they should be doing to maximize this sales window.

In a few words, I will share secrets on how to exploit this opportunity to generate more sales and acquire more customers than your average Joe.

As a shrewd vendor, here are a few things you should do to take advantage of this opportunity:

1). What is your strategy?

Your holiday sales strategy should be meticulously planned as far as a few months before the big day (depending on the size of your business). You must plan out which items will be on sale, your pricing, what discounts will be offered, your advertising plan, etc.

2). What is your goal?

You must know exactly what you want to achieve. Sales? Of course.

What else?

New clients?

More interaction on your social media?

Repeat clients?

Clearly define your objectives.

3). What are your competitors doing?

You will also need to investigate your competitors. What are they up to? You must conduct a thorough analysis of your competitors' activities. Their pricing strategy and, most importantly, what you can offer that they cannot. Differentiate yourself from them positively.

4). How would you advertise your offering?

As a smart vendor, the next thing you'll need to do is develop a great marketing strategy to promote your products. Will you be running your ads just on social media platforms, or will you incorporate other advertising strategies like influencer marketing and search engine optimization to get your message out to your target audience?

5). Will you be taking advantage of other platforms?

Using multi-vendor platforms like ETH 10k can significantly increase your chances of getting your products in front of new customers. Leveraging excellent platforms such as these means they will handle some of your marketing needs and spread the word to new customers while you simply set up shop and fill orders. You cannot go wrong with this.

6). How early will you kick off?

You remember the saying about the early bird getting the worm? It applies to you too. It is recommended to begin planning and promoting your holiday sales on time to ensure a smooth execution.

Combining the steps above with other factors like stocking up on high-quality inventory, creating a sense of urgency by including deadlines in your content, displaying excellent testimonials from previous customers, providing excellent customer service, flexible payment options, and following up on customer inquiries and feedback will ensure that you not only have a profitable sales experience but also stand out from the crowd of vendors offering the same products and services as you do.

About ETH10k Platform

24-07-2023
by Engage ETH10k

ETH10k is a registered Limited Liability Company in Nigeria RCN 1817367, with an online platform named ETH10k.io. ETH10k.io is Nigeria’s premium multivendor marketplace, created to empower local traders, businesspersons, or companies, to own online stores, with premium features that ensure seamless experience for all online shoppers, from the point of purchase to delivery.

As a buyer, feel safe purchasing products on ETH10k.io. You will be buying only from verified vendors, who have passed through a rigorous process of validation, authentication, and selection before they were allowed to onboard as Vendors.

As a multivendor marketplace operator, we are in 9500 Cities across Nigeria and have 1000+ product categories.

Take advantage of the features that make your life easier, such as the geolocation of stores closest to you, proffered or unified shipping of all ordered products to your location in all identified Cities, and the ease of getting the exact specifications you want in a product. A customer can walk into your Store to pick his order and you can even own your delivery channel.

Unique Features of ETH10k.io

Vendor Payout System

Our vendors are settled at D+2, that is, delivery date plus 2 days. The 2 days allow customer take ‘keep or return’ decision. Payout is made each day at 12.00hrs. Vendors are rendered monthly transactions/account statement to enable completeness check and reconciliation.

Products Approval(s)

Every vendor’s product is subject to quality assurance review for alignment with established minimum standard before approval to appear on the Front Store. Any product found below the minimum standard or not aligned with the terms and conditions is rejected with accompanied reason to the vendor for remediation and representment, if possible.

Vendor Micro-Store with Its Own Design

Our vendors can not only sell their products on a shared storefront but have a standalone micro-store within our virtual marketplace. Each vendor area is laced with their logo, store description, products, specific features, filters, and categories. We allow our vendors to express themselves, changing the theme style and layout of a vendor store selecting their own color scheme. They are allowed to engage their customers on their product related issues.

Reports and Statistics

You cannot build a successful virtual shopping mall without a thorough analysis based on statistics and reports. We have seen to that and integrated the Multi-Vendor online marketplace builder with Zoho Analytics that provides the insights of your website traffic and marketing effectiveness. That’s not it. There is another built-in tool you cannot deal without. A Sales reports feature provides our vendors with the detailed statistics on the sales in our marketplace. Vendors can form the statistics in a graphical or tabular chart, which can be grouped into separate reports.

Vendor Plans

We have 9 Flexible and Friendly Plans covering products and services for our Vendors. Each of the plans has its features such as marketplace fee, transaction fee and number of product unique products for listing. See this link for plan details. https://www.sell.eth10k.io/sign-up

Products Upload

Vendors can upload products pictures/videos and update the inventory with just a couple of clicks!

Vendor Geolocation

Are you planning to sell in several cities? Are you interested in wholesale and retail distributions? If it is so, a Vendor Geolocation feature is just what you need. We display your store on the map and allow your customers to see your store with the distance from the customer’s exact location. We can create product filters based on our vendor location and improve your customers’ experience making them return to your store again and again.

Separate Vendor Admin Panel

Each vendor has a separate admin panel which allows vendors to manage their own settings and products. Vendor panels include just what vendors need and are allowed to modify in your marketplace. Vendors will not interfere with each other. Our Vendors can:

·         Manage their orders, products, filters, options, search words, and features.

·         Add different informational pages, polls, forms, and links

·         View the own account balance

·         Set own shipping methods.

·         Track orders

·         Import or export products and orders.

Separate Mini Store for Every Vendor

Our vendors promote their online mall as they have a micro store right inside ETH10k marketplace. The micro store URL contains the vendor company name. Vendors can share it to attract customers to their store. Micro stores contain:

·            vendor company description

·            logo

·            products

·            product filter for vendor items

·            contact information.

Promotions for Vendors

ETH10k gives vendors more opportunities to boost their sales. Vendors can create their own catalog and cart promotions—offer free shipping, discounts, free products, and coupon codes.

Separate Checkout by Vendors

Customers can place orders from different vendors separately and have a consolidated checkout.

Location based Real-time and Manual Shipping Fee Calculations

ETH10k makes the life of the customer easier with real-time shipping fee calculations and vendors can also set their own manual shipping methods.

Customer-to-Vendor Communication

ETH10k enables customers to send messages to vendors, connect customers with vendors so that the latter could answer the customer’s questions about a product. With the Customer-to-Vendor Communication function, customers can send a message to vendors right from the product page. It makes products more attractive for buying and helps to convert visitors into paying customers.

Comments and Reviews

Bring your sales to a new level with user-generated content. Reviews are crucial for any business that cares about its reputation. Customer reviews help vendors get fair credit and earn good image in customers’ opinion. Reviews influence vendors’ and thus direct outcome. Multi-Vendor offers the feedback and review system with an interactive star rating. Customers can comment and rate vendors, products, categories, and orders. Paid-for positive reviews are useless as customers want to see honest opinions about sellers and their products. ETH10k makes it so that comments and reviews in Multi-Vendor are moderated by the store administrator. 

Vendor Account Balance, Sales Reports & Statistics

ETH10k vendors can view their account balance to track all payouts and transaction fees taken by the store administrator. Sellers can also review the income and expenditure statistics: total and per period.

 Vendor Locations

The Vendor Locations function allows display on map with all the vendors in the chosen location, enables product filtering by distance from the customer’s location, and shows nearby vendors on the marketplace homepage. The Vendor Locations function allows customers to support local vendors, receive orders sooner, and easily find nearest vendors.

Design Editor For Vendors

ETH10k enables vendors to create a unique design for their micro-stores and enables vendors to modify colors, fonts, backgrounds, and the layout of their micro-stores to fit their requirements.

Our Freebees

We are structured to handle Systems admin – front and back ends, hosting, securities, systems upgrades, plugins, addons, themes, look and feels, social media handles, customer Service, back-up arrangement, customer interactions and engagements and bandwidth/network to safe costs and free you for business focus.

THE BEAUTY OF SIDE HUSTLE.

09-05-2023
by Engage ETH10k

      I ASK………….  A THOUGHT-PROVOKING QUESTION…….!

                                                HOW DO YOU SEE SIDE HUSTLE???

    Do you see SIDE HUSTLE as what you don’t need because it is for certain people who don’t have stable income or people whose minimum wage is N30,000?                                                       OR……………… Certain people who have lost their jobs and they need the hustle to settle of lot bills and other ‘’stuffs’’ pending when they get a new job{s} which doesn’t apply to you?

Is it ‘’something to toss’’ or NEGLECT once you gotten a job where the Salary is High, and you say, ’’ABEG I NO NEED THIS SIDE HUSTLE STUFF AGAIN! THINGS DON DEY BETTER.’’                        

Hmmmmmmmmmmmmm………. HERE IS A FOOD FOR THOUGHT!! Walk with me. The year 2021, was more than a challenging year for me. I was going through a lot emotionally, psychologically, mentally, and financially. In the same year I got a job that made me to say ahhhhhh. THANK GOD! I have finally gotten a job that is restful, peaceful.

Hmmm!  Guess what? it was not peaceful as I thought. Certain people in the management ganged up against me with lies put two and two together……… it became unbearable I had to leave.

 HAS IT OCCURRED YOU MIGHT BE IN A SIMILAR SITUATION??

Please don’t get me wrong. One doesn’t pray for situations like this. We need to face the hard TRUTH! ………… IT MAY HAPPEN. Where is your PLAN B when that happens? Certain circumstances    demands certain financial attention that your ‘’FAT SALARY’’ CAN’T handle. You have gone for loans.

The loan companies said their financial disbursement has been over stretched or their interest    rate is too high, they cant give you the expected loan because they are financially stretched but    they can give you what they can with a limited time to pay back which you when you cant meet    up it comes with a lot of Headaches. Is it at that time you want to start a SIDE HUSTLE? How would    be able to keep up with all the pressures going on???

    My story continues………. I got more closer to the students when I began to teach certain subjects.     I told them I could teach private classes for them to improve educationally. They told their     parents about me. Of course, it wasn’t immediate, but it was a process ‘’Don’t despise the days     humble beginnings’’ At some point some parents called me to negotiate how much I will charge for     private classes. I was good to go. I started before second term ended. The beginning of third term, The Owner of the school was misbehaving. She was owing me the balance of N20,000 and two months salary. At a point I had to leave. The outflow for transportation was eating into my private classes payment. I noticed I couldn’t save, and I was owing debts. I resigned and continued with    the private classes. I had more time and rest for myself. I was earning more. I choose the times for the classes – This is the BEAUTY OF SIDE HUSTLE!  What if I didn’t take the step? My thinking was both payments from my full-time job and SIDE HUSTLE that it will go a long way to sort things out. I never knew what was going to happen the next Term. Think about it……… WHAT IF I DIDN’T HAVE A SIDE HUSTLE? That was what sustained me until I got a job @ ETH10K – OUR NIGERIAN PREMIUM MULTIVENDOR   MARKET PLACE.                         

JOIN ETH10K SIDE HUSTLE!!! HERE IS HOW IT WORKS!

Register customers -earn commission Engage customers to buy- Earn commission Engage Vendors to own their own store on their own store on our platform- Earn commission.

Engage me on: Call/WhatsApp  + 234 701 923 2193 I will guide you through practical strategies so you can start earning.

Engage ETH10k

Understanding and Leveraging on Digital Payment for Growth of Cooperative Business

24-08-2022
by Engage ETH10k

Where are we coming from?

We were formally known, called, and addressed as ‘Esusu’, ‘Ajo’ or ‘Etipbe’ people in some other clime. We were adopting the name as a traditional form of identify to raise funds among people of common interest for mutual support of our members. In this process, fixed and agreed amount of money was being contributed at an agreed interval and was handed over to one of us, the treasurer. Our members therefore started to take turns to use the money. We equally had agreed on some other parameters in the taking up turns to benefit from the funds.

This Esusu, etc. give birth to the modern cooperative movements in Lagos State, Western Nigeria, and the entire Nigeria Federation as a whole. From records, Agege Planters Union was founded around 1907 with about 400 cocoa producers. The little plant that started to grow in Agege has now attracted 2359 cooperative societies with over 2 million members carrying asset base of over N33b as of June 2021.

This union can be taken to mean an artificial voluntary association of people who work together to promote their economic interest and achieve common goals by using the resources gathered by the society to provide financial support and assistance for their members.

Looking at it from another angle, co-operative society is seen as a voluntary business organization in which a group of individuals with common interest pool their resources together to promote the economic and welfare of their members in production, distribution and consumption of goods and services. The members engage in the distribution of products either directly from the manufacturers or wholesalers and sell to their members (consumers).

What are our roles in this developmental sphere?

We stock variety of goods from the manufacturers or wholesalers hence we are exposed to a wide range of goods.

We buy in reasonable quantity from wholesalers and sell in bits to the members.

We grant credit facilities to members so as to enable them enjoy goods immediately and pay later.

We give advice to our members (consumers) as well as the manufacturers/ wholesalers.

We bring products closer to our members to ensure that products are brought to the doorsteps of the consumers (members).

We fight against hoarding by wholesalers and retailers by ensuring that we stock lots of the products for use by members (consumers).

Our efforts also help in stabilizing the prices of goods by selling them at affordable prices to members.

Elimination of middlemen is an outcome from our activities by buying goods directly from manufacturers and selling them directly to the consumers (members).

We also assist our members in marketing their products (i.e., producers’ cooperative society) by ensuring fair prices for their products.

We are Organized into 4 Categories

Consumer Cooperatives – this category strives to provide goods and services at an affordable price for the benefit of the people/members

Credit Cooperatives - are made to provide loan services and savings for their members. The benefit of the credit cooperative society is that it offers loans to its members at little or no interest and there is convenient collateral to access the loans.

Agricultural/Farmers Cooperatives – this agricultural sector happens to be one of the major areas of production in Nigeria. Agriculture plays a major role in the Nigerian economy as it has helped to sustain commercial activities across the country. Farmers and agricultural cooperative societies are established to give a better life to farmers.

Multipurpose Cooperatives - seeks to help its members to scale over difficult economic situations. It cuts across everything and anything business.

 Take your Products/Produce to the Market

As a Cooperator, you can only add value when there is exchange of your products/services for cash/money value. You are a producer, creator, developer, planter, or call yourself by any name, you must be able to price yourself in Naira value terms. The more you exchange your products for value the more profit you make and more shall be your value. The size of your farm is as large as how much you can realize at the point you exchange your produce for Naira.

It is very important that you understand the inroad strategies to the market and the peculiarities in each entry point to a transaction enabled platform. The platform covers a traditional store rentage, retail outlets/chain stores, owned websites, social media channels, e-commence websites, and multivendor marketplace platforms.

 Guiding Principles for Entry into the Market.

You need to ask yourself some basic questions such as, what type of market am I looking for? What are the basic facilities/enablers that must exist to enhance my value? What will be my unique identity? What are the premium features for me? What are the policies on payment and settlement, delivery and return, customer services and supports, advert and social media engagement, access to backend, security of the channels, network/coverage, marketplace fees, transaction fees, insurance cover for goods in transit, issues resolution among others.

Product Distribution Channels.

There are options at your disposal but the answers to the questions above guide your choice of the channels. You need to look at your long-term business plan/objectives. Some people always advise, start small and end big. Remember a wrong strategy may lead to an expensive rework. Some people have gotten their fingers burnt over a wrong platform. Here are basic platforms available and some peculiarities you must identify and manage.

Own/Rent Premises Store – deploy PoS, enable Bank Transfer, manage failed transaction risk, settle rental fee, power, security – internal and external, attendant fee, insurance, pilferages, operate within acceptable hours, credit sales and payment challenges, etc.

Build Own Website –owned website built as per your design, purchase addon, plugins, management hosting, product uploads, security, manage logistics risk, upgrades/versions, systems administrators, backups, social medial handles, adverts, domain fees, bandwidth/network, payment on delivery and associated risk, etc.

Social Media channel: Facebook, Instagram, WhatsApp – manage logistics/delivery risk, stock management, manage trust/reputational risk, payment platform restrictions, fraudulent purchases, wrong/failed delivery, insurance cost for products in transit, payment on delivery and associated risks, etc.

Sale on e-commence platforms – lost identity, settlement risk, payment on delivery risks, product advert, transaction fees, hosting fees, stock management, etc.

Own a Store on a Multivendor Online Marketplace – branded online store, premium features, marketplace fee, transaction fee, a world of great/endless opportunities.

 Multivendor Online Marketplace

A multivendor online marketplace is an e-commerce site that brings sellers and buyers together in one place. It is a multivendor platform created to target those that cannot rent a store, create own website, sell on social media but want to maintain visibility and enjoy all the premium features. From experience a multivendor platform is richer in the delivery of the expectations. The benefits are endless as a result of shared facilities/services. The reach is unlimited.

Take the Benefits by Listing/Owning a Store on a Multivendor Marketplace Platform

The advantages of an online multivendor marketplace platform and the reasons many businesses sell via online marketplaces are enormous. We can summarize to include:

Bringing additional source of revenue, cutting marketing cost, allowing visibility, enabling internalization of businesses, creating transparency on product availability, stock levels and prices. The multivendor platform enables customers to compare prices and enables 24/7 shopping opportunities. The use of the platform generates trust between your brand and customer as the reputation of the platform is the selling point for the customers.

Customers are more likely to purchase from an online marketplace with a wide range of options. Businesses need to pay a fee/percentage of sales to the online marketplace platform operators. You can compare selling via your own e-commerce site vs. via a marketplace. The conviction is what will drive your next move.

Competition and brand awareness - A keyword search on a marketplace site displays your goods and services in a list with other brands and distributors. This kind of high competition could be an advantage for you, depending on how you rank when it comes to pricing and customer reviews.

Customer Acquisition - One of the biggest advantages of using online marketplaces is that they can make it easier to acquire new clients and expand your customer base.

Considerations in the Choice of the Multivendor Marketplace Platform

Certain features must be available on the platform of your choice. These may include:

Availability of multiple payment channels – bank transfer, payment systems, USSD, etc.

Multiple shipping/delivery channels for utilization by both customers and the vendors.

Tracking of the orders from dispatch to delivery at the customer location.

Geolocation – customers should be able to identify your store within the neighborhood.

Automatic stock management systems where the vendor is informed of the available stock with established re-order level, minimum quantity and stockout alerts.

Out of stock order queue where a customer can place order even where the product is not in stock waiting to be alerted when available.

Flexible return policies – returnable, non-returnable, returnable with replacement, returnable with cash refund and returnable with refund into wallet.

Full access to the vendor admin for management of inventory, price, promos among others.

Availability of loyalty points to draw customers who will always want to accumulate points for future use.

Social media reach and engagement levels will show you where products will reach.

Verification/validation of vendors before onboarding to eliminate fraudulent merchants from the platform.

Order pick-up for delivery from the vendor’s location is a cost cutting for vendors.

Conclusion

Step up the game. Key into the benefits technology has availed. Today, marketplaces are growing at a very fast pace. The future of your business’ success sits on online marketplaces. COVID-19 created the initial opening, cost of transportation is going to keep a lot of people at home. Focus on your niche and give all customers that come via online marketplaces superb customer experiences.

Marketplaces help small businesses reach a wider variety of customers who may not have heard of their product otherwise. Sign-on and list your products on a marketplace platform while you sit to watch you sales grow. Increase your value beginning today.

How to create a Great Listing that attracts Customers

02-07-2021
by Yomi Gerald

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How to create a Great Listing that attracts Customers

Ideally, listing or sampling your products and how it was listed is the very first thing every customer sees. Therefore, creating not just any listing but a great listing attracts the attention of your audience to whatever you sell. 

Here are  tips we've put together to create an amazing listing;

1. Take stunning high-quality photos of what you sell:

Your visual contents tell a lot about what you sell. It is like a mini-description of whatever it will be like,So you'd want to give off a nice first impression about the product.  Taking shots from a unique angle and focusing your camera lens on the subject makes it clearer, this gives you a greater chance of catching your customer's attention.

2. Make your title brief and relatable:

Writing a good title automatically sets you to your targeted audience.  A good title helps you search out your buyers, at the same time give them a heads up about your item. You can start with writing relevant keywords used when searching for your item.

3. Make the information of your items descriptive:

Be sure to get down to the specifics when talking about your brands and product. Focus on item specifics like the size,model, and colour by making enough research about what you sell.

4. Choose a buying format that'll suit what you sell:

Initially, for your selling format you'd have two choices recommended to you;  Auction and Fixed price.  Your type of item suggests what type of format you should choose and buttons to click on. 

The auction presents your buyers with a choice of an open bidding, while a fixed price makes them “buy it now" or allow them to get it immediately at a fixed price.

5. Set a plausible price:

When selling, think not just like the seller but also the buyer.  It allows you to set the right price for your item. You can search around for prices of similar items by other sellers, it will give you a general idea on selling it at the right price. 

Also, let your customers know you're open to negotiations.

6. Select a category for your item:

Depending on your item, a category for it will be recommended to you. So you might want to be a bit specific when it comes to describing your item. These categories save the buyer the stress of roaming through the site to look for what he or she wants.

7. Specify your shipping option:

Based on what you sell, you'll be provided with the best shipping options for your item. The type of your item will determine if it will be shipped locally or from another country.

CONCLUSION

Your brand becomes undeniably engaging when you use these amazing tips we've highlighted for you. You're provided with ideal contents and recommendations  for your listing  which will drive customers down your store. Great listing tips boosts your level of engagement and yields profitability.

Start showing off your knowledge and skills while earning massively, selling on ETH10K. Sign up as a vendor

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