Selling on TheMarket

Interested in selling via TheMarket? Then you’ve come to the right place. In the table of contents below you can see (and click on) what we will cover in this article.

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Why TheMarket?

TheMarket is a popular online marketplace that has gained significant traction in recent years. With a strong presence in the e-commerce industry, TheMarket offers a platform for sellers to showcase and sell their products to a wide customer base. Founded in 2019, TheMarket has quickly established itself as a reliable and trustworthy platform for both buyers and sellers. With a diverse range of products available, sellers on TheMarket have the opportunity to reach a large audience and maximize their sales potential.

TheMarket

1 Selling on TheMarket

Advantages of selling on TheMarket via e-tailize

Wide customer base for increased sales opportunities.
Access to a trusted and established online platform.
Efficient and user-friendly selling process.
Marketing and promotional support for increased visibility.

Secure payment and transaction processing.
Integration with other popular e-commerce platforms.
Detailed analytics and reporting for better decision-making.
Dedicated customer support for seller assistance.

Fully integrate TheMarket with your systems

Do you want to manage TheMarket and any future or current marketplace in one place? At e-tailize you can accommodate the following functionalities:

Sell on marketplaces across Europe (over 100 integrations)
Centralized order management (automatic & manual)
Centralized inventory management
Full PIM system specifically designed for marketplaces
Easily post products on marketplaces from one screen
Integration with all kinds of fulfillment software (e.g. MyParcel or Picqer)
Connection with the well-known CMS platforms (Shopify, WooCommerce and more)

How to sell through TheMarket?

Step 1

To sell on TheMarket, you need to have a registered business. Ensure that you have all the necessary legal requirements in place before proceeding.

Step 2

Create an account on TheMarket.

Once your business is registered, you can create an account on TheMarket. Provide the required information and follow the registration process to set up your seller account.

Step 3

Set up an e-tailize account.

To effectively manage your products on TheMarket, create an e-tailize account. This platform will help you streamline your inventory management and optimize your selling strategies.

Step 4

Upload your products using e-tailize.

Using the e-tailize platform, upload all your products to TheMarket. Ensure that you provide accurate and detailed information, including high-quality images, to attract potential buyers.

Step 5

Optimize and monetize with e-tailize.

Utilize the ‘Analyze’ and ‘Advertize’ modules offered by e-tailize to optimize your product listings on TheMarket. Analyze customer behavior, track sales performance, and advertise your products to increase visibility and sales.

Possible Problems and Challenges

Knowledge | Quite a bit of knowledge is needed to be able to compete well with current sellers on TheMarket. That’s where an analytical tool like e-tailize can help you. Our dashboard gives you the insights and pointers you need to take on the fight.

Errors | It is important that you as a seller keep your sellers rating as high as possible. Stable stock synchronization and reliable order forwarding are therefore critical. In addition, you also want to be able to efficiently process a high number of returns. With a tool like e-tailize you can be sure that there are no (synchronization) errors between your marketplaces, webshop(s), fulfillment parties, and the PIM system.

Scaling | When you have TheMarket under control, you want to expand the number of channels – and thus your reach. If you import your products into a PIM system, you can also upload the products to other marketplaces in addition to TheMarket. Even better; immediately your order management and stock synchronization are arranged.

What categories do you have through TheMarket

On TheMarket, you can sell products in various categories, including:

Fashion
Beauty
Home & Living
Electronics
Sports & Outdoors

Health & Wellness
Baby & Kids
Books, Movies & Music
Automotive
Food & Beverage

The Buy Box

The Buy Box

When several partners offer the same product, one of the partners is featured in 'het koopblok' or the Buy Box. That's because this partner has the best offer in terms of price, delivery time, and service. Most sales are made through the Buy Box. So it is essential to win this. A common tactic to always win the Buy Box is to set up your own brand with unique EANs. If you are the only provider of a product, you will always win the Buy Box. TheMarket understands the importance of winning the Buy Box and offers seamless integration to help you achieve this goal.

Seller Rating

Seller Rating

Your ability to get a high score on the 'service' aspect (named in the Buy Box section) depends entirely on your Seller Rating. Your Seller Rating is determined based on how well you meet TheMarket's terms of service. Below this block you can find some of the conditions TheMarket will measure.

The costs & conditions

As a seller on TheMarket, there are certain fees and commissions that you need to be aware of. TheMarket charges a commission fee on each sale made through their platform, which is typically a percentage of the total transaction value. Additionally, there might be other fees associated with listing products, advertising, or using certain features on the platform. It is important to carefully review and understand the fee structure before becoming a seller on TheMarket.

Selling conditions on TheMarket:

Time for returns: TheMarket offers a 30-day return policy for customers, allowing them to return products within this timeframe for a refund or exchange.
Delivered on time percentage: Sellers are expected to maintain a high level of on-time delivery performance. TheMarket monitors and evaluates the percentage of orders that are delivered on time.
Response time to customer questions: Sellers are required to respond to customer inquiries promptly. TheMarket encourages sellers to provide timely and helpful responses to ensure a positive customer experience.
Maximum delivery time: TheMarket sets a maximum delivery time frame that sellers must adhere to. This ensures that customers receive their orders within a reasonable timeframe.
Product quality and accuracy: Sellers are expected to accurately describe and represent their products on TheMarket. Any discrepancies or issues with product quality can negatively impact the seller’s reputation and may result in penalties or account suspension.

Learn how to sell on TheMarket.

To learn how to sell on TheMarket, you can follow these steps:

Research and understand the platform: Start by visiting TheMarket’s website and familiarize yourself with how the platform works. Read their seller guidelines, terms and conditions, and any other relevant information.
Create an account: Sign up for a seller account on TheMarket. Provide the required information, such as your contact details, business information (if applicable), and any necessary documentation.
Choose your products: Decide what products you want to sell on TheMarket. Consider the demand, competition, and profitability of the items you plan to offer. Ensure that your products comply with TheMarket’s policies and guidelines.
Set up your inventory: Prepare your inventory by organizing and categorizing your products. Take high-quality product photos and write detailed descriptions that accurately represent your items.
Pricing and shipping: Determine the pricing strategy for your products. Consider factors like cost, competition, and market demand. Decide on the shipping methods and rates you will offer to customers. TheMarket may have specific requirements or recommendations for pricing and shipping, so be sure to review their guidelines.
List your products: Use TheMarket’s seller dashboard or listing tools to create product listings. Provide all the necessary information, including product details, pricing, shipping options, and any other relevant information. Ensure that your listings are accurate, informative, and appealing to potential buyers.
Optimize your listings: Use keywords and relevant product tags to optimize your listings for search visibility. This will help potential customers find your products more easily. Consider using high-quality images, clear product descriptions, and any additional features provided by TheMarket to enhance your listings.
Manage orders and customer service: Stay on top of your orders and promptly respond to customer inquiries or concerns. Provide excellent customer service to build a positive reputation and encourage repeat business.
Promote your products: Utilize marketing strategies to increase the visibility of your products. This can include social media promotion, advertising, offering discounts or promotions, and participating in TheMarket’s promotional campaigns or events.
Monitor and analyze performance: Regularly review your sales data, customer feedback, and performance metrics provided by TheMarket. Identify areas for improvement and make necessary adjustments to optimize your selling strategy.

Conclusion

In conclusion, selling on TheMarket can be a lucrative opportunity for businesses. With TheMarket established reputation and wide customer base, sellers have the potential to increase their sales opportunities. TheMarket offers a seamless integration with e-tailize, a platform that can help sellers effectively manage their product listings, inventory, and order processing. Additionally, e-tailize provides valuable insights and guidance to help sellers compete effectively and avoid errors. By following the steps outlined and familiarizing themselves with TheMarket’s selling conditions, sellers can maximize their selling potential and achieve a successful and satisfactory selling experience.