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The online world is rapidly changing, and you can create an online marketplace. But, at first, you’ll need some ideas to create an online marketplace. In the past few years, online marketplaces have tremendously grown – E-commerce sales account for more than 10% of overall retail sales.
It’s expected that online marketplaces will grow in the upcoming years. If you want to create an online marketplace, then this is the right time.
Grocery Delivery – Idea #1 to create an online marketplace
Online Grocery Marketplace is a huge business industry and one of the fastest-growing online marketplaces. Online food businesses have a lot of opportunities. In the past years, online grocery marketplaces are only growing.
The target audience of the online grocery marketplaces is the young households in the urban area. They lack time and love convenience.
- By the end of 2025, the global grocery delivery marketplace industry is projected to reach $84B in sales.
- In the USA, online grocery sales surpassed $25B.
- By 2021 USA grocery delivery sales will reach $38.16 billion.
Liquor And Wine – Idea #2 of an online marketplace
Nowadays, customers are more likely to get involved in online interactions. More than $230 billion are spent by consumers on alcohol every year. This fact shows that the demand for liquor is high. And there is predicted high growth in the upcoming years.
- The real potential of the online alcohol industry is yet to be discovered since there are fewer competitors.
- The online sales of liquor and wine have an average 5% increase in its sales, so it’s time to enter this industry.
Health And Fitness – Idea #3 to create an online marketplace
In 2021, there is almost nothing you can’t buy online. The health and fitness training sessions are also online now. A massive growth was recorded in the online fitness marketplace in the last few years. During COVID-19 times, most of the fitness trainers moved online. As a result, online fitness clubs have enabled versatility in the fitness industry. The increased demand for health evaluation has boosted the need for an online marketplace for fitness.
- The global online fitness marketplace is expected to grow at an estimated 21.1% until 2026.
- The increased number of downloads of online mobile fitness apps like BetterMe and Nike Training Club shows the increase in the demand in the online health and fitness industry.
In conclusion, the extensive scope of eCommerce is undeniable. A huge portion of the population is inclined towards online shopping, which shows that e-commerce is going to only grow in the future. Having an idea to create an online marketplace can result in a great business.
What’s more important than an idea is the actual execution of the idea to create an online marketplace. At CodeBright, we work towards helping you in creating an online marketplace. If you want to create an online marketplace, contact CodeBright today to start discussing your business idea.
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