Most people go to Flipkart, Amazon, Myntra, Shopclues and other popular ecommerce sites for their online shopping. These are a couple of e-marketplaces which have made a name for themselves and maintained a stronghold in the ecommerce industry. 

No wonder it seems to be a lucrative option to tie up with them so that their portal can help you gain some good revenue. However, it is not quite fulfilling in profitability in the long run. 

There are countless advantages of owning your online store instead which outnumbers the benefits of selling your products and providing your services on popular e-marketplaces. 

Here are a couple of reasons why it is better to have your own online store than to sell on e-marketplaces brought to you by Cyber Worx Technologies, the Best Ecommerce Web Designing Company.

You pay a token amount when you tie up with the e-marketplaces 

You can compare those tie-ups with renting a place for opening your shop, the only difference is that this is done online. Getting your brand online store developed also requires investment, however, tie-ups doesn't come free either. Businesses have to pay an amount to get their products listed and sold on the e-marketplaces. 

Cherry on top, with your online store, you have full liberty. Thus, it proves to be better to employ top-notch Ecommerce Web Designing Services and get your own brand store deployed.

Price war on e-marketplaces is fierce

You would be forced to lower your price and gain less profit margin due to your competitors on the e-marketplaces selling the similar products at a lower price. It will give you business sales but you will have to adhere to prices as per the market.

No individual business promotion

Do you remember the particular brand you bought the products from or mainly the ecommerce brand name? The e-marketplaces downplay the sellers listed to maintain homogeneity on their platform. Thus, the customer satisfaction will be credited to the ecommerce brand name for incredible service rather than to the specific brands. Having your own online store builds brand recognition and credibility. 

CyberWorx Technologies is a leading Ecommerce Web Designing Company that has deployed countless bespoke online stores. Expand your business and have soaring sales in the online world by collaborating with CyberWorx Technologies.