In the post-pandemic and internet-savvy era, it has become a must for businesses to have a solid online presence and showcase their products and services. While many businesses maintain websites and use social media platforms to reach their customers, getting regular orders and making a business profitable through those means can be hard in the long term.
For most business owners creating and maintaining logistics and supply chains can be burdensome, this is where digital marketplaces come in. These marketplaces serve as an online repository where businesses can display their products and conduct sales for a fixed cost. Such platforms have been getting increasingly popular and have diversified towards specialised products/services. There are many industry-specific marketplaces that are coming up such as those for medical equipment, dental supplies, fashion and accessories, etc.
Creating a marketplace and managing it can seem challenging because of the need to track repeated and scalable expenses such as staffing, logistics, delivery personnel, taxes, returns and cancellations, warehousing, etc. Our Excel-based modelling template helps you to quickly calculate the expected returns, expenses and more in a simple and easy-to-use format.
Our model can help with:
- Expense tracking
- Staffing expenses
- Warehousing and marketing charges
- Subscription pricing
- Returns and revenue
- Profits and Recurring expenses, etc.