{"id":215368,"date":"2019-08-15T09:02:38","date_gmt":"2019-08-15T13:02:38","guid":{"rendered":"https:\/\/astoundify.com\/?p=215368"},"modified":"2019-08-15T10:19:53","modified_gmt":"2019-08-15T14:19:53","slug":"five-things-that-successful-marketplaces-do","status":"publish","type":"post","link":"https:\/\/astoundify.com\/blog\/five-things-that-successful-marketplaces-do\/","title":{"rendered":"Five Things that Successful Marketplaces Do!"},"content":{"rendered":"\n

Setting up a new marketplace can be a daunting task. There is much to do, and no guaranteed path to prosperity. That said, there are some clear methods and approaches that are consistently used by the majority of successful marketplaces that, if replicated, will help start your marketplace out on the right path.<\/p>\n\n\n\n

In this article, we will consider five key approaches that you should adopt to help ensure your marketplace achieves its goals. These include attracting quality vendors and providing excellent vendor experience, creating a loyal customer base, ensuring a smooth payment process, and adapting your monetization strategies over time. By the end of reading you will have a clear understanding of what your marketplace needs to succeed.<\/p>\n\n\n\n

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