Online marketplaces Etsy and Storenvy provide reliable merchants products distribution channels and are accessible for new members. This post is a first part of the review which aim is to compare both services and find out its pros and cons. It would come in handy to people who need the best marketplace. The article will be about Storenvy marketplace.
Young and growing Storenvy.
Storenvy is “younger” than its competitor but its popularity is growing. The founders want to create something great, they call Storenvy “Amazon of indie sellers”. There are two main factors of Storenvy’s success: being cheap and being well-designed.
First of all, Storenvy is 100% free. The sources of money are in-platform promotions and selling of custom domain hosting.
Secondly, Storenvy uses not only the main marketplace where products are listed. Users are proposed to get a free private store. This store works on a vanity URL. That makes it possible to customize and market a URL.
In February experts from the online publisher Techcrunch stated that Storenvy’s auditoria consists of 30,000 sellers and over half a million registered users. According to the bare source, Storenvy operates about 50,000 stores.
- Basic setup is free
- Double listing of products (the marketplace and the store of the user)
- Setup process is a piece of cake
- Strong community
- Too simple design for free users
- In comparison with other marketplaces Storenvy is still small
Are there Storenvy’s benefits from your sales?
As we said before and as it is stated on the Storenvy’s website, the marketplace has no fees for services usage. The exception is a payment for a custom domain name. It costs $4.99 monthly. There are plans to start to take percentage from sales which have been occurred through Storenvy.
Furthermore, Storenvy says that the service is going to implement a Marketplace Revenue Share. It should stimulate people to buy and sell more than they do today.
- It’s easy to browse the offering in the list of the marketplace.
- Custom and Marketplace stores are free of charge.
- Easy setup.
- Unlimited amount of products offerings may be published.
- Use the Storenvy as a marketing tool to create your own marketplace store.
Security, faults and general image of Storenvy marketplace.
Refund policies of the website are still underprepared. It heavily depends on the vendor customers purchase from.
Storenvy is proud for its zero-tolerance policy toward merchants who are scams or dishonest. Unfortunately, the lags between scams appearing on Storenvy and its shut down may be quite long. Now Storenvy cannot control all transactions. People think trickster will use this chance.