Retail Marketplaces - Thematic Research

Retail Marketplaces - Thematic Research

Summary

This report briefs about the retail marketplaces and the impact of COVID-19 on it. It also reveals the trends and leading players in the retail marketplaces and the main trends shaping the retail marketplaces.

ScopeVariety and affordability remain key drivers for marketplacesMarketplaces managed to avoid the pandemic impactLarge players use technology for wider penetrationReasons to BuyOnline marketplaces have become increasingly popular shopping destinations in recent years, primarily thanks to wide product catalogues and shoppers perceiving marketplaces as offering low prices.Selling on marketplaces is also becoming more popular among independent retailers, as they offer a wide customer reach and relatively lower fixed costs, especially when compared to physical stores.