Marketplaces
Marketplace Manager Tested, Section 2 (Analysis) ![]() |
| Marketplace Manager Tested, Section 2 (Analysis) |
| Thursday, 05 July 2001 | |
If you have braved the onslaught of data from the previous section, we can only assume that you are interested in the practical aspects of integrating Marketplace Manager with your current strategy. Here are 7 key questionsthat may help you "think though" the process: Can you integrate Marketplace Manager with an existing store?Marketplace Manager offers you two options.
The Marketplace Manager cart is designed to help you "up-sell and cross-sell to very targeted buyers." The cart is described as "smart" because an "Artificial Intelligence Engine" learns" which products should be shown to which buyers and when." The Marketplace Manager cart is not robust enough for a MAJOR Store, but it may be sufficient for many small merchants. NOTE TO THE ADVANCED DEVELOPER: Marketplace Manager is an XML based application that can be easily integrated into inventory systems, site builders, online tools, and other applications. The service is marketed through co-branded labels and partnerships. Can you automatically upload products from a Yahoo Store into Marketplace Manager?Marketplace Manager has developed a utility that can help you upload your products into its system.
The utility seems to work well for most Yahoo stores, but if your store uses more complex features, like product options, you will have to spend extra time "doctoring" the spreadsheet. Will Marketplace Manager work with your existing merchant Account?Marketplace Manager is currently compatible with Authorize.net, Paypal.com, and ProPay.com. It will soon be compatible with FirePay.com and with Cardservices International. If you do not already have a merchant account, Marketplace Manager can assist you in securing a provider. How can you use Marketplace Manager to attract free subscribers?We found that it was possible to leverage Marketplace Manager's coverage to generate traffic and attract subscribers. We used two approaches:
Most people who viewed these listings could not click on a link; they had to type the URL directly into their address bar. So we were unable to track, with absolute precision, the results, but we estimate that this simple effort produced 7 to 10 new subscribers per day. We think that we can increase this number (significantly) by embedding our signup form in the HTML text on the listing page. (*2) How can you use Marketplace Manager to sell items that require long ad copy?The Marketplace Manager Interface states that it allows you to use up to 4000 characters in your product description. You can choose plain text or HTML. For selling the ebook, we needed to use lengthy copy, so we opted for plain text. Despite the stated limit, we found that we could only use 3400 characters. It is important to remember that the listing you develop will be posted on many different sites, each having their own specific criterion. Marketplace Manager seeks to adapt your listing for a given site. In cases, where you are restricted (by a site) from using all 4000/3400 characters, Marketplace Manager uses a popup window linked to the word, "more". NOTE TO THE ADVANCED DEVELOPER: When creating your listing, Marketplace Manager allows you to "point" to graphics located on your server. How does the Marketplace Manager Artificial Intelligence Engine work to increase your sales?The Marketplace Manager Artificial Intelligence Engine works to reduce the learning curve for a merchant who is new to the various markets like eBay, Amazon, Excite. It determines which products are selling, when they are selling, and most importantly, how much should be spent on a given product's listing fees. It also approaches a buyer, as they are checking out, and offers them the opportunity to purchase related products. In theory, it helps the merchant focus his financial resources where they will produce the highest yield. How can you achieve maximum results with Marketplace Manager?We interviewed Jalali Hartman, Co-founder of Infopia (Marketplace Manager). Despite being a strategic player in the continuing growth of the Company, Mr. Hartman, himself, maintains a Marketplace Manager account and a Yahoo Store. He is a genuine believer in his own product. We asked Mr. Hartman to reveal what he believes to be the top 10 ways to achieve results with Marketplace Manager. Here is his rich but (deceptively simple) response:
VIEW THESE SCREENSHOTS A Sample Listing A Sample Set Of Stats A Sample Storefront A Sample Inventory Management
(*1) Please note that MEC accepts no commission or compensation from Marketplace Manager for recommendations within this report. Infopia has retained KeyProjects, a company affiliated with MEC, to advise them with regards to their strategy. (*2) Though eBay has recently implemented certain link limitations, we did not experience any problems with this approach. And of course, these listing appear on many other sites that have no link limitations. |









