How to Find the Right Marketplace(s) for Your Brand: A Comprehensive Guide
Home Blog Marketplaces In the fast-paced world of e-commerce, choosing the right marketplace(s) for your brand can make all the difference between success and struggle.
Last updated on July 18, 2023
Imagine a fiercely competitive arena, where sellers vie for the attention of potential buyers. This is the world of Buy Boxes, where products are showcased prominently to attract customers. While the basic principles remain consistent across different online marketplaces, each platform has its own unique set of rules. Buy Boxes are awarded based on a combination of factors, including pricing, seller performance, fulfillment options, and product availability. To excel in this game, sellers must grasp how these elements influence their chances of winning the Buy Box.
Before we dive into the specific logic behind how the marketplaces About You, Amazon, OTTO Market, and Zalando award their Buy Boxes, let’s first take a look at cross-channel aspects. Regardless of which marketplace you aim to successfully position yourself and your brand on, you should keep the following criteria in mind to be rewarded with maximum visibility and a high-ranking:
Pricing and Competitiveness: In the cutthroat landscape of online marketplaces, competitive pricing is the key to securing the Buy Box. Sellers must strike a delicate balance, offering attractive prices to lure buyers while ensuring profitability. Tools like dynamic pricing and repricing can help sellers stay ahead of the competition, adjusting prices in response to market dynamics and rival activities.
Seller Performance Metrics: Online marketplaces place great importance on seller performance metrics when determining Buy Box eligibility. Factors such as customer feedback, ratings, and reviews, along with operational aspects like shipping time and order accuracy, shape a seller’s reputation. To stand out and win the Buy Box, sellers must strive for excellence in these areas, maintaining stellar metrics and leaving customers satisfied.
Fulfillment Options and Eligibility Requirements: Online marketplaces offer various fulfillment programs, such as Amazon’s FBA (Fulfillment by Amazon), which give sellers a significant advantage in securing the Buy Box. By meeting the eligibility criteria for premium fulfillment services, sellers can enhance the overall customer experience, ensuring timely deliveries and reliable customer service.
Product Availability and Inventory Management: A crucial aspect of Buy Box success is the availability of products and efficient inventory management. Sellers must stay on top of their stock levels, ensuring accurate information and real-time inventory data. Implementing robust tracking systems and replenishment strategies is vital to meet customer demands and avoid losing Buy Box visibility due to stock outs or inaccurate inventory information.
At Zalando, Buy Box rankings are influenced by several factors. Zalando Wholesale takes priority as long as it has stock, followed by the manufacturer as the seller. Subsequently, other sellers are considered. Zalando adopts a concept called dynamic partner selection, where partners with a strong performance (CXM) are ranked alongside Zalando Wholesale and pure ZFS partners in the top tier. Second-tier partners are considered only when no first-tier seller offers the product. In case of multiple sellers in the same tier, the one with the lowest price emerges victorious in the Buy Box race.
OTTO Market embraces a captivating concept known as “competition on the article.” Here, multiple sellers can offer the same product variants, allowing customers the freedom to choose the best offer. OTTO Market consolidates different sellers’ variants based on the EAN into a unified listing. Sellers are notified if they attempt to create a new product variant that already exists. When it comes to content, OTTO prioritizes displaying the content that provides the highest customer benefit, regardless of the best conditions offered. The specific product data used is determined automatically by OTTO, considering the quality of the material, and may evolve over time. Sellers can enhance their chances of content display through comprehensive texts, high-quality images, and detailed attributes. The ranking of offers is determined by factors relevant to customers, such as price, shipping costs, delivery time, seller trust, services, and customer benefits. By offering low prices, affordable shipping, or speedy deliveries, sellers can ascend the ranks and improve their Buy Box placement.
About You incorporates an interesting element called EAN Sorting, which hinges on the availability of partner or wholesale products. Typically, About You prioritizes selling its wholesale stock, followed by FbAY (Fulfillment by About You) partners. When stock is depleted, the next article in line takes its place. Within partner articles, several criteria are evaluated for ranking, including partner conditions (commission) and contribution margin, as well as the quality, completeness, and availability of product data. Uniform product data is preferred for identical items. In terms of images, About You leans towards showcasing its own media when the item is offered by both About You and other partners. Unfortunately, determining who holds the Buy Box is not possible, as it remains undisclosed.
Amazon’s Buy Box ranking algorithm is a complex blend of various factors that determine which sellers are awarded the Buy Box. These factors encompass a seller’s status as a recommended seller, competitive pricing, customer reviews and ratings, delivery performance, shipping methods, inventory management, and data quality and content. Each element contributes to the overall assessment and ranking of sellers on the platform. To optimize Buy Box performance on Amazon, sellers should focus on maintaining competitive prices, soliciting positive customer reviews, ensuring prompt and reliable deliveries, effective inventory management, and providing high-quality data and content. Understanding and addressing these factors is essential for sellers aiming to succeed and secure the Buy Box in the fiercely competitive realm of Amazon’s online marketplace.
Zusammenfassend lässt sich festhalten, dass Buyboxen eine entscheidende Rolle für den Erfolg von Verkäufern auf Online-Marktplätzen spielen. Indem du die Schlüsselelemente verstehst, die Buybox-Rankings beeinflussen, wie Preisgestaltung, Verkäuferperformance, Versandoptionen und Produktverfügbarkeit, kannst du dich optimal positionieren, um abzuräumen. Zusätzlich ist es wichtig, die einzigartigen Ranking-Algorithmen jeder Plattform zu verstehen, sei es die Priorisierung von Wholesale und Herstellern bei Zalando, das wettbewerbsbasierte Ranking bei OTTO Market, die Berücksichtigung von EAN-Sortierung und Produktqualität bei About You oder die vielschichtigen Ranking-Faktoren bei Amazon. Durch die Anwendung effektiver Strategien, die Aufrechterhaltung wettbewerbsfähiger Preise, die Gewinnung positiver Kundenbewertungen, die Sicherstellung rechtzeitiger Lieferungen, die effiziente Lagerbestandsverwaltung und die Bereitstellung hochwertiger Daten und Inhalte kannst du deine Sichtbarkeit erhöhen und in der hart umkämpften Welt der Online-Marktplätze Verkäufe ankurbeln.
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